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Business Today

While telecom companies are already hyping the brave new world of 3G services, standards of basic telephony services continue to languish in the basement.

The operators are desperate to buy more time because the stakes are high - the bulk SMS business in India is worth over Rs 250 crore annually.
Former Telecom Minister A Raja appears before the CBI for questioning in the Rs 22,000 crore 2G spectrum scam.
Telecom Minister Kapil Sibal asserts that the government will make all efforts necessary to provide adequate airwaves to meet the industry's demand.
TDSAT refuses the plea by Tata Teleservices Limited (TTSL), which sought additional spectrum from the government to level the playing field with rival GSM operators.
Raja is likely to be questioned on the issue of preponing dates for allocation of spectrum and on the role of his relatives in some of the companies.
Official sources said a team of the investigation agency reached Radia's farm house at Chhattarpur area at about 10 am to question her on several issues
The company has reported a revenue of $5.49 billion for the third quarter of financial year, a growth of 40 per cent from $3.92 billion in the same quarter last year.