TOP PLAYERS IN THE TELECOM INDUSTRY
There’s definite excitement in the telecom industry with a few ruling the industry. Globally China Mobile is regarded as one of the biggest players in the telecom industry with a market value of over $213.8 billion. It is also the only telecom operator to have provided operations at Mount Everest. Not so far behind is America’s very own At&t which has a market value of over $200.1 billion dollars.
Besides At&t, other telecom sectors fighting for ranks include Verizon established in 1983, Vodafone, also considered as among the top 3 companies listed in the London Stock Exchange, America Movil (based in Mexico), Telefonica, Telstra, NTT ...view middle of the document...
Airtel also has joint ventures with companies such as Ericsson.
For most, Vodafone is a company that was applauded for its award winning advertisements that followed a clean and minimalist look. In the year 1992, Hutchinson Whampoa and Max group established Hutchinson Max in India. Several years later, Vodafone bought a 67% stake in the company, renaming the brand as ‘Vodafone Essar’, a legacy it continued till 2011 when Vodafone bought out its partner Essar.
Commonly known as RCOM, Reliance Communications is owned by Anil Dhirubhai Ambani and was established in 2004. The company primarily has five segments : Wireless segment, broadband segment, global segment and wholesale operations of its subsidiaries.
RCOM has a corporate clientele of 2,100 Indian and multinational corporations and over 800 global, regional and domestic carriers. On 31st January 2013, RCOM announced its partnership with Lenovo to bring Reliance- Lenovo cobranded smart phones in the Indian Smartphone market.
Founded in 1995, Idea Cellular was jointly owned by the Birlas, Tatas and At&t Wireless. But following At&t’s merger with Cingular Wireless, they decided to sell their stake in India. The Tata’s who entered the cellular market with its own subsidiary then had to pull out its stake in the company, thereby making the Birla’s the sole owner of Idea. The Brand Trust Report 2013, named Idea as the second most trusted brand in India in the Mobile Telephony category.
Based in Mumbai, Tata Teleservices was established in the year 1996 as a subsidiary of Tata Group. It operates under the brand name Tata Docomo in various telecom circles in India. Tata Teleservices provides Mobile Services under the following brand names
* Tata DoCoMo
* Virgin Mobile
* T24 Mobile
Tata DoCoMo : Tata DoCoMo is a joint venture between Tata Teleservices and NTT DoCoMo which was established in November 2008.
Virgin Mobile : It is the youth segment of the brand and was established as a joint venture between Mr. Branson’s Virgin Group and Tata Teleservices. It has a presence across 45lakh outlets.
T24 Mobile : It is a provider on the GSM platform arising out of a joint venture between Tata Teleservices and Future Group.
Headquartered in Chennai, Aircel was founded in the year 1999 as a joint venture between...