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Showing posts from October 21, 2014

Telenor acquires Telewings’ 100-per cent stake in India

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE     Telenor Group has announced that it has completed the acquisition of the 26-per cent ownership stake in Telewings, held by Lakshdeep Investment & Finance. As a result, Telenor now takes full ownership of the company that operates under the brand name Uninor. The process was finalized after Telenor received approval from the Indian Government's Foreign Investment Promotion Board (FIPB) to increase its stake from 74 per cent to 100 per cent. "Telenor Group has a long-term view on India, and we are encouraged by the strong growth of our Indian operation. The company continues to capture market share every month and is leading in new subscriber additions in many of its circles," said Sigve Brekke, EVP of Telenor Group and Chairman of the Board of Telewings. Telewings' revenues in the first half of 2014 compared to the same period last year have increased by more than 40 per cent. Earlier this

Panasonic introduces T40 smartphone in India

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VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Designed to offer advanced features for the youth, Panasonic India has introduced a new member to its “T” series smartphone, the Panasonic T40. This phone is made to fit your pocket in every way. Its dual tone front enhances its workable design of round edges and small form factor. Bestowed with a 4 inch IPS display at a resolution of 800x480, it weighs just 117g. The model is available in three colors which include the Bright Red, Dark Grey and White. Powered by a 1.3GHz Quad core processor with 1GB RAM, the T40 is well equipped to take performance to the next level. Its 8GB internal storage expandable to 32GB using a microSD card provides ample space for downloading plenty of apps and games. Panasonic T40 has a 5MP rear camera with Autofocus and is befriended with an LED flash to churn out stunning photographs so you don’t lose out on those important moments.  The phone runs the latest Android KitKat 4.4.2 and is