India now second-largest smartphone market in world

India has overtaken the United States to become the second-largest smartphone market in the world, trailing China, according to independent tech analyst Canalys. Recovering from a slump in the previous financial quarter, India grew its mobile phone shipments by 23% from the previous year. It received just over 40 million smartphone shipments in Q3 2017, with mobile brands Xiaomi and […]

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Bharti Airtel to acquire Tata’s consumer mobile business

Bharti Airtel Ltd. is acquiring Tata’s consumer mobile business that will give the former a major subscriber base boost virtually for free and stem the bleeding for the latter from what is a loss-making venture. The transaction will be done on a “debt-free cash-free” basis, the companies said in a joint statement, although Bharti Airtel will take over a “small […]

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