Telecom updates

India Overtakes US, Becomes 2nd Largest Wireless Market. The country has added a total of 10.16 million wireless subscribers in the month of March 2008.

India Becomes World's Second Largest Wireless Network

In its recommendations on 3G services, the regulator Trai has said that
only existing operators should be allowed to participate in 3G spectrum
auctioning. This is in sharp contrast to DoT’s consideration of
allowing foreign as well as new players to participate in the bidding
process.

TRAI wants foreign telcos out of 3G circuit

Indian telecom giant Bharti Airtel today announced its audited
financial results for the fourth quarter and financial year ended March
31, 2008.

Bharti Airtel posts 45% surge in revenues for Q4