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MATRIX CELLULAR SERVICES
Revenue from international roaming expected to fall due to global travel restrictionsWith both India Inc and personal holiday goers also likely to postpone international travel in the summer due to the pandemic, telcos will ...- TA Associates invests $140 million in Delhi-based ethnic wear firm TCNS ClothingFounded in 2001, TCNS operates about 300 outlets, most of which are ‘W’ stores, in about 100 cities. New Delhi based TCNS, also operates th...
- Matrix Cellular gets Sebi's go-ahead to launch IPOInternational SIM card provider Matrix Cellular has received capital markets regulator Sebi's approval to float an initial public offer (IP...
- Matrix Cellular plans to raise Rs 500 crore through IPO'sMatrix is expected to file the Draft Red Herring Prospectus with the Securities and Exchange Board of India (Sebi) in the next 10 days.
- SIM renting case: DoT to file petition before Supreme CourtThe Department of Telecom is planning to file a special leave petition before the Supreme Court in a SIM renting case in which Vodafone, Ai...
- Vodafone contests Matrix allegations on it in SIM renting caseTelecom operator Vodafone has contested allegation levelled on it by international SIM card provider Matrix Cellular.
- Matrix alleges Vodafone of 'misrepresentation' in SIM renting caseThe DoT's monitoring cell in July 2007 found that 10,145 bulk post paid connections were working in name of Matrix.
- DoT may send notices to Vodafone, Idea, Airtel in Matrix caseThe violations, if proved, could entail cancellation of licences and a maximum fine of Rs 50 cr, as per an internal telecom department docu...
- Promoters, CX Partners in talks to sell 50% stake in Matrix CellularThe promoters of Matrix Cellular and CX Partners have initiated talks to sell a majority stake in the company, three executives confirmed.
- Matrix Cellular slashes tariffs to drive up volumesOver the last few weeks, the company has reduced international roaming rates up to 80% for select markets.
- Matrix cuts call rates from UK to India at Re 1/minInternational telecom services provider Matrix Cellular today said it has slashed call rates from the UK to India to Re 1 per minute, in a ...
- Matrix Cellular eyes 9 lakh international SIM, data pack sales in FY'13International SIM and data card seller Matrix Cellular expects to sell around 9 lakh connections in the 2012-13 financial year.
- TDSAT asks Vodafone to deposit half of Rs 50 crore penalty imposed by DoTThe Telecom Disputes Settlement and Appellate Tribunal asked Vodafone to deposit Rs 25 crore within two weeks.
- Delhi HC issues notice to Vodafone on Matrix Cellular's pleaThe Delhi High Court has issued notices to senior executives at Vodafone, after Matrix Cellular had filed a contempt petition.
- Vodafone moves TDSAT against Rs 50 crore penalty by DoTVodafone approached the TDSAT challenging the Rs 50-crore penalty imposed by the Telecom Department (DoT) for allegedly flouting licence co...
- DoT may file criminal case against Matrix Cellular for allegedly renting out SIM cards procured from Vodafone EssarThe Department of Telecom says Matrix procured SIMs in bulk from Vodafone Essar and rented them out in violation of Indian Telegraph Act.
- ICC World Cup 2011: Everyone looks to pack a punch with Brand CricketWhat Jalna-based Krishidhan couldn’t achieve in its 25 years of existence was done by the mere use of cricket’s most powerful name—Sachin T...
- Tata Tele in talks to buy Matrix CellularTata Teleservices (TTSL) is in talks to pick up a majority stake in Matrix Cellular Services, after negotiations between the privately-held...
- Mobile Store in talks to buy MatrixThe acquisition of Matrix could enable the Mumbai-based TMS to use its 1,300-store network to enter an altogether new business segment.
- Airtel, Vodafone, Idea renting out SIM cards through agentsPrivate mobile operators Bharti Airtel, Vodafone Essar and Idea Cellular have been found to be involved in renting out their domestic SIM c...
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