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 FASTTAKES: VSNL, MobilityOne, Wavicle Wireless

  • July 12th, 2007
  • 11:16 am

VSNL signs a deal with Star Hub of Singapore to launch international wireless broadband roaming services. The agreement makes VSNL the first Indian service provider to associate with an international operator.

Malaysian e-payment firm MobilityOne plans to develop and increase its distribution points from its current 3,000 terminals. The firm said it will use funds generated from its recent listing for the expansion project.

Shanghai-based Wavicle Wireless Technologies obtains an investment of $10 million from US private equity firm Warburg Pincus. The firm said the fund will be used for its R&D efforts in China’s TD-SCDMA industry