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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.
AI chipmaker Cerebras files to go public...

AI chipmaker Cerebras files to go public after scrapping IPO plans last yea...

AI chipmaker Cerebras files to go public after scrapping IPO plans last year **Cerebras Systems Pursues Public Offering Amid Strategic Partnership with OpenAI** **[City, State] – [Date]** – Cerebras Systems, a prominent developer of wafer-scale computing solutions, has publicly filed for an... read more »

US judge rules NSA data collection unconstitutional
US judge blocks Justice Department bid t...

US judge blocks Justice Department bid to seize voter data in Rhode Island

US judge blocks Justice Department bid to seize voter data in Rhode Island **Federal Judge Halts Government’s Attempt to Access Rhode Island Voter Information** A federal judge has issued a significant ruling, blocking the Department of Justice’s request to access voter data from Rhode... read more »

OpenAI Executive Kevin Weil Is Leaving t...

OpenAI Executive Kevin Weil Is Leaving the Company

OpenAI Executive Kevin Weil Is Leaving the Company **Leadership Shift at OpenAI: Kevin Weil Departs, AI Science Unit Integrated** **San Francisco, CA** – In a notable leadership transition, Kevin Weil, a key executive at OpenAI, is departing the artificial intelligence research and deployment... read more »

Leeds run riot at Huddersfield to go top

Leeds run riot at Huddersfield to go top

Leeds run riot at Huddersfield to go top **Rhinos Ascend to Super League Summit with Dominant Huddersfield Display** Leeds Rhinos have surged to the pinnacle of the Super League standings following a commanding performance against Huddersfield Giants, securing a resounding victory that saw them... read more »

Spectacular European nights the new normal for Villa under Emery

Spectacular European nights the new normal for Villa under Emery **Aston Villa’s European Renaissance: From Relegation Woes to Continental Contention** Just a decade ago, Aston Villa... read more »

Brit dead in Thailand after being swept out to sea as horrified girlfriend watched

Brit dead in Thailand after being swept out to sea as horrified girlfriend watched **British Tourist Lost to Sea in Tragic Hua Hin Incident** A British national, identified as a 75-year-old... read more »

AI Could Democratize One of Tech's Most Valuable Resources

AI Could Democratize One of Tech's Most Valuable Resources ## Silicon’s New Frontier: AI Poised to Reshape Semiconductor Design and Optimization **San Francisco, CA** – The... read more »

O'Sullivan to play China's He in Crucible opener – see full draw

O'Sullivan to play China's He in Crucible opener – see full draw ## O’Sullivan Faces Crucible Debutant in Quest for Eighth World Title **Sheffield, England** –... read more »

The Allahabad High Court on Wednesday dismissed the petition of seer Shobhan Sarkar, who had sought directions to the Uttar Pradesh government and the district administration of Fatehpur for allowing excavations in a village where, he believed, huge reserves of gold lay buried. A Division Bench comprising Justices Ashok Bhushan and Vipin Sinha dismissed the petition of Sarkar with the remark "no case has been made out to grant any of the reliefs as claimed in the writ petition". Sarkar had claimed that there was a "hidden gold treasure of about 2,500 tonnes at the bank of river Ganga in village Adampur, Tehsil and District Fatehpur". He had also claimed that he was ready to bear the expenses for carrying out excavations at the site for which he had planned to involve experts from Indian School of Mines, Dhanbad and IIT-Kanpur. However, the court rejected the petition observing that Sarkar had "miserably failed to prove any of his right to claim any permission". Significantly, an excavation was carried out at a village in Unnao district recently following a similar claim made by Sarkar. The seer later on blamed the failure of the operation on his not being "invited" to the site by the excavators.

Huge crowds greet Pope Leo in Cameroon 20 years after outreach tr...

Huge crowds greet Pope Leo in Cameroon 20 years after outreach trip **Pontiff’s Return to Cameroon Draws Jubilant Welcome, Echoing Two Decades of Pastoral Connection** Yaoundé, Cameroon –... read more »

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