12:50 pm - Tuesday November 3, 2015

Airtel services hit in Hyderabad

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Telecom major Bharti Airtel on Thursday announced it has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by U.S. chipmaker Qualcomm. The company had acquired a 49 per cent stake in WBSPL in May 2012 for $165 million. At that price, the additional stake purchase would have cost Airtel an estimated $165 million, or Rs. 1,008.1 crore at Friday’s exchange rate. However, the company did not disclose the financial details of the deal. In a statement, Airtel said that it has “completed the acquisition of 100 per cent equity shares of Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala”. Airtel acquired a majority stake in WBSPL in July by increasing its stake to 51 per cent from 49 per cent. WBSPL has spectrum that can be used for high-speed 4G services in New Delhi, Mumbai, Haryana and Kerala. Airtel has the similar spectrum in Punjab, Maharashtra, Kolkata and Karnataka. Airtel has already launched 4G services in Bangalore, Pune, Kolkata, Chandigarh, Mohali and Panchkula. Shares of Airtel were trading at Rs. 353.80, up by 1.46 per cent, in the afternoon session at BSE.
Telecom major Bharti Airtel on Thursday announced it has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by U.S. chipmaker Qualcomm.The company had acquired a 49 per cent stake in WBSPL in May 2012 for $165 million.At that price, the additional stake purchase would have cost Airtel an estimated $165 million, or Rs. 1,008.1 crore at Friday’s exchange rate.However, the company did not disclose the financial details of the deal.In a statement, Airtel said that it has “completed the acquisition of 100 per cent equity shares of Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala”.Airtel acquired a majority stake in WBSPL in July by increasing its stake to 51 per cent from 49 per cent. WBSPL has spectrum that can be used for high-speed 4G services in New Delhi, Mumbai, Haryana and Kerala. Airtel has the similar spectrum in Punjab, Maharashtra, Kolkata and Karnataka.Airtel has already launched 4G services in Bangalore, Pune, Kolkata, Chandigarh, Mohali and Panchkula.Shares of Airtel were trading at Rs. 353.80, up by 1.46 per cent, in the afternoon session at BSE.

Cell phones of mobile telephony major, Airtel, in Hyderabad went silent since 6 a.m. on Saturday morning with what was termed a systemic failure of its network. Till around noon, the situation was the same and no Airtel mobile could be accessed.

Enquiries revealed that Airtel was doing some system integration and upgrades on the network that includes slightly over 2,500 cell sites in and around Hyderabad. Initially it was said that it was part of its preparatory work prior to the roll-out of their 4G services from Republic Day. However, somewhere in the communication loop, a snag led to what was well-nigh a complete breakdown of its mobile services including voice and data.

No company sources could be reached as all of them only used Airtel numbers and efforts to get their alternate numbers did not yield results. Sources revealed that when system integration of this kind are in process before shifting to a higher communication platform, it was normal for data services only to be affected. However, in this case something went wrong.

Industry experts pointed out that rare such disruptions may be, they would not last a long time and expressed confidence that the communication system would be up and running very soon. But the fact remains that any network disorder puts paid to daily plans of mobile consumers regardless of whichever operator they choose.

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