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Wireless Federation » archive for 'HITS Telecom'

Hits Telecom takes 49% stake in Unicel (Brazil)

  • April 10th, 2008
  • 1:41 pm

Hits Telecom has acquired a 49% stake in local Brazilian mobile operator Unicel, according to Telecompaper. Unicel acquired a mobile licence last year for the Sao Paolo region and is expected to launch GSM services in June. No financial details of the transaction were released.

   

 

Reliance Communications wins telecom licence (Uganda)

  • December 19th, 2007
  • 6:32 am

India’s Reliance Communications (RCOM) has announced it has won licences which will allow it to become Uganda’s sixth telecom operator. According to reports carried by local newspapers, RCOM has been awarded both public infrastructure provider and public service provider concessions, which will allow it to offer wireless, fixed, internet, national and international long-distance services, in addition to WiMAX and Wi-Fi services. RCOM plans to launch in the east African country by the third quarter of 2008. The newspaper reports said that RCOM will invest INR8 billion (USD202 million) to roll out fixed and wireless infrastructure capable of allowing it to compete with other Ugandan operators including MTN, Uganda Telecom, HITS Telecom, Celtel and Warid Telecom.