Tag Archives: Anil Ambani

2G Scam India: More skeletons tumbling out.

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Reliance Communication Limited

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It’s unlikely “Swan” and “Loop Telecom” would ever be “penalized heavily”. Tata and Ambani, even though being summoned by PAC, would be asked to “pay up the damages”; some crores dealt here and there, permanent stock holdings to some prominent members and post retirement lollies as directors.

It transpires that Swan was a front for Reliance and Loop for Essar. Indeed, the idea was to bid for scarce spectrum, their holdings held in off shore accounts and laundered.

It is a dirty world indeed.

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Update on 2G Scam India: Reliance under scanner

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Anil Ambani must be a worried man. After being summoned by CBI (which does not prove that he is guilty), he is fighting fire with fire. It is very unlikely that he would even get a judicial custody (he’s got an army of lawyers and influence in power circles) that would let him get away with any of the inconvenience that he is facing at present. Of course, I remain cynical but then thats what life in India is. The high and might escape these retributions.

Tehelka has a complete coverage on the issue. Look for the intricate details of money laundering; all done to hoodwink the rules and get the spectrum in any manner whatsoever.

P.S. Just added another category on Spectrum (as a reflection on the mess that we have).

Mobile Number Portability: Some numbers

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There is a huge variance in the numbers being reported by different news papers. One of the major fall out of mobile number portability is that you can spite your existing telecom operators face; if you are a high value post paid customer, it would be worth it.

We would never know the true numbers because they would be under reported. DoT would not get in the game and the right from the word go, everyone is claiming that mobile number portability is a no show. I disagree. This is one the huge game changers in the long run and once the hoopla settles down, it’s best to switch providers. I would want something like Google Voice (one number) and get rid of the crap services but I am destined to suffer at their hands.

This also means that I have the full freedom to shift over to rival networks who would provide a better seamless coverage for that occasional data access.

Business Standard has a full page story on this issue It says:

The biggest loser was Reliance Communications (both GSM and CDMA), followed by state-run Bharat Sanchar Nigam and Tata Teleservices (CDMA and GSM). Reliance lost 9,837 users, while 192 chose to join its network..

So, no one likes Reliance Telecom. Anil Ambani, here’s one for you; how not to run a damned network.

Industry experts feel MNP will not be a game-changer. Even operators are not expecting the churn due to MNP to be more than one per cent, as against the current rate of four-five per cent. This is based on their experience in the Haryana circle, where MNP was launched in December. Haryana has seen a churn of about one per cent.

Where the F these experts come out from? They are either some way side idiots or “consulting firms”; would the news paper please stand up to explain who are these experts who have been quoted?