By Editor on January 30, 2010 · Leave a Comment
www.WirelessFederation.com/news: The two remaining frequencies left to be allocated for the fourth 3G wireless license will be sold by France at a price of EUR120 million (USD168 million). The same amount was paid by Iliad recently for Free Mobile’s 3G operating license. However, price will actually be determined by the regulator Arcep, and not the government.
There are three operating blocks in the fourth 3G license, out of which, one is for a new market entrant (Iliad), and the other two are open for any of the incumbent cellcos Orange France, SFR and Bouygues Telecom.
Arcep will take the decision on the 3G spectrum in H1 2010 which would be followed by 4G auctions.
By Editor on December 16, 2009 · Leave a Comment
www.WirelessFederation.com/news: Leading Indian telecom operator Bharti Airtel has announced its prospects of expanding its base in various SAARC (South Asian Association for Regional Cooperation) countries with Bangladesh being the first step towards this direction.
The SAARC includes eight countries — India, Bangladesh, Pakistan, Sri Lanka, Afghanistan, Nepal, Bhutan and Maldives. According to Akhil Gupta, the deputy group chief executive officer of the Bharti Enterprises, the company is very much interested in Bangladesh and other SAARC countries and on the auction of 3G spectrum, he hoped that it takes place on the scheduled time of January 14, 2010.
With over 110 million subscribers of the total 520 million and a market share of around 20 percent, Airtel continues to be the market leader.
Filed under Mobile ·
Tagged with 3G spectrum, Afghanistan, ASIA, Bangladesh, Bharti Airtel, Bhutan, India, Maldives, Nepal, operator, Pakistan, SAARC, South Asia, Sri Lanka
By Editor on August 15, 2006 · Leave a Comment
NEW DELHI: India’s telecom sector has a cause to celebrate, with strong evidence of domestic valuations keeping pace with the highest valued mobile telephone companies in the world – China Mobile and Vodafone.
An analysis of Bharti Enterprises subscriber numbers and stock performance, for example, shows its ratings comparable with China Mobile, the big daddy of mobile telephony in China and Vodafone, the world’s second largest mobile company.
Last week, China Mobile toppled Vodafone to become the world’s most highly valued telecom firm. China Mobiles shares closed at HK$51.50, valuing the company at US$131.46 billion, while Vodafone’s shares closed at 110 p in London, valuing the firm at US$123.11 billion.
China Mobile, with 200 million subscribers, is also the world’s largest mobile operator, ahead of Vodafone’s 186 million global subscribers.
Vodafone, however, remains ahead in terms of its global footprint across 54 countries. In India, it invested US$1.5 billion in Bharti in October 2005.
China Mobile’s subscriber base works out to about 8.3 times and Vodafone’s roughly 7.75 times Bharti’s 24.3 million subscribers. Bharti Enterprises boasts of a 21.2% market share, in comparison to China Mobile’s 40%.
Interestingly, at an average share price of Rs 412, Bharti’s valuation works out to about $16 billion or Rs 72,000 crore. Analysts point out that this mirrors China Mobile and Vodafone, as their valuations, just as with subscriber numbers, works out to around 8.3 times and 7.75 times that of BhartiTele ‘s respectively. The striking feature of this comparison is that subscriber and valuation multiples are exactly comparable and proportionate across three firms.
This is a conclusive evidence that Bharti’s valuation (minus some of its other businesses such as Long Distance, and others), even at a fraction of China Mobile and Vodafone’s subscriber base, is globally benchmarked.
Given economies of scale and projections of doubling of mobile subscribers to 200 million by December 2007, it should be fair to expect Bharti to exceed 40 million subscribers before the close of financial year 2006-07, with a proportionate increase in shareholders value.
With these impressive valuations, it is no surprise that like Birlas and Tatas in the recent past, Hutch and Essar are similarly embroiled in bitter battles for control.
The flip side of this spectacular performance is its propensity to strengthen the argument for charging big bucks to these multi-billion dollar corporations in the controversial allocation of 3G spectrum.
Source- http://timesofindia.indiatimes.com
Technorati : 3G, Airtel, Bharti Televentures, Birla, China Mobile, Essar, GSM, Hutch, Tata, Vodafone
Ice Rocket : 3G, Airtel, Bharti Televentures, Birla, Essar, Hutch, Tata, V
Filed under Mobile ·
Tagged with 3G spectrum, Afone, Allocation, Birla, China, December, Economies of Scale, Essar, India, Indiatimes, London, Numbers, Paris, Proportion, Share Price, Shareholders, Subscriber bas, Subscriber base, Telecom Sector, Vodafone
