Indias Bharti Airtel has explained to analysts how it plans to fund the proposed $10.7 billion acquisition of Zains African networks excluding Morocco and Sudan, reports Indias Economic Times. Apparently, the operator is doing the explanation to quell investor fears that it will struggle to make the deal. The idea is fund the purchase from medium-term

The Economic Times of India has an interesting article on mobile banking, quoting figures from the GSM Association, an industry group of 800 wireless operators. Mobile money applications are emerging as potent financial tools in rural and remote areas of the globe, allowing people with no bank accounts to get paid, send remittances or settle their bills. -- One billion consumers in the world have ...

I`m sure that you know that India is the second largest mobile market around the world, but there are still more than 500 million Indian people who don’t have a cell phone.And Nokia is planning to launch phones that cost about $20 in the country. Some news from Economic Times India say that will be “a ...

Although India is the world’s second largest mobile market, there are still more than 500 million Indian people who don’t have a cell phone. And perhaps that’s why Nokia is planning to launch phones that cost under 1,000 INR (about $20) in the country. According to Economic Times India, among these phone there will be “a

Frances Vivendi, a media company that is also known as a majority owner of French SFR, is reportedly in talks with soon-to-be-launched Indian mobile network operator Datacom Solutions over a possible stake acquisition. According to the Economic Times source, a person close to the matter said: Officials from Vivendi were in India last week and

* Nokia to sell more than 500 mln phones in 2010 -Simonson * Reuters Nov poll consensus 458 mln phones in 2010 * Spokesman says he did not intend to make new forecast (Releads, adds quotes, spokesman details) HELSINKI - Top cellphone maker Nokia (NOK1V.HE) will sell more than 500 million handsets this year, above market expectations, a senior company executive told India's Economic Times in... [

Nokia's executive vice-president and head of the mobile phones entity Rick Simonson, in a wide-ranging interview with India's Economic Times, speaks about the challenges Nokia faces globally, even as he seeks to address many of the 'misconceptions' in the media's reporting of Nokia's performance. He also explains why the company remains bullish on winning the war in t...

Now this is some good news for our Nokia readers. Apparently Nokia will sell more than 500 million handsets this year, above market expectations, a senior company executive told Indias Economic Times in an interview. In 2010, Nokia will ship over 500 million units across three platforms, which will be about 40 percent of the

Nokia had some very interesting things to say about mobile operating systems in a recent interview. According to Rick Simonson, Nokia’s executive VP and head of mobile phones, there isn't room for more than 5 operating systems in the smartphone market. Mr. Simson made his comments in a revealing interview with India's Economic Times. He said "there is definitely not enough room for...

Nokia expects to ship over 500 million units in 2010, predicted Rick Simonson, the head of Nokia's mobile phones unit, who also defended the company's platform strategy. Simonson, in a wide-ranging interview about Nokia's corporate strategy and vision, said in an interview with the Economic Times of India that the company's reliance on three platforms--Mameo, Symbian and its pr...