Vodafone has taken a further step in the development of its machine-to-machine (M2M) activities by teaming up with UK-based Cyan Holdings to address the smart metering market in India.
Telenor plans to raise its ownership of Indian unit Uninor to 100 per cent from 74 per cent at present, following a similar move by Vodafone in April that saw the UK-based operator increase its stake in Vodafone India to 100 per cent.
Samsung Electronics is aiming to release its first smartphone running the Tizen operating system in Russia and India, according to a Wall Street Journal report.
Nokia said its €5.4 billion ($7.4 billion) deal to sell its devices and services unit to Microsoft is now expected to close in April, missing the previous deadline of the first quarter of the year.
Microsoft will waive license fees for its Windows Phone software for two Indian handset vendors, Karbonn and Lava, according to a Times of India report. The report, which cited unnamed sources, made clear that Microsoft was pursuing the move to bolster its market share in the fast-growing Indian market.
Vodafone revealed an almost 10 per cent decline in European service revenue to £6.5 billion (€7.8 billion) in its fiscal third quarter as conditions remained challenging in the region, but the company remained positive about its strategy to tackle this downward trend through increased efficiency, network investments and a focus on unified communications and emerging markets.
HP said it will begin selling smartphones again, starting first with a pair of phablets in India. That HP is going to sell the two devices--the 6-inch Slate6 VoiceTab and the 7-inch Slate7 VoiceTab--in India first is notable considering a recent report that Apple is struggling in the Indian market, and as a result is preparing to rerelease its 8 GB iPhone 4 in the country.
Vodafone is reportedly considering a multibillion-euro deal to buy a majority stake in Tata Teleservices in a move that would turn the UK-based operator into the largest telecoms player in India, ahead of current market leader Airtel.
Vodafone has been allowed to increase its stake in its Indian unit to 100 per cent from 64 per cent after India's Foreign Investment Promotion Board approved the move.
Nokia this week overcame a potential hurdle to the closure of the €5.4 billion ($7.4 billion) deal to sell its devices and services unit to Microsoft, but the Finnish company could still face an Indian tax bill that reports now say could rise to as much as 210 billion rupees (€2.46 billion or $3.4 billion), if it loses the ongoing legal battle.