WatBlog Newsletter Archive: WATBlog Update There are 2 new posts in "WATBlog.com - Web, Advertising and Technology Blog in India"

Thursday, October 30, 2008

WATBlog Update There are 2 new posts in "WATBlog.com - Web, Advertising and Technology Blog in India"

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Telenor Picks Up 60% In Unitech Wireless for 1.07 B $
WATBlog’s Guide for Events In November
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There are 2 new posts in "WATBlog.com - Web, Advertising and Technology Blog in India"

Telenor Picks Up 60% In Unitech Wireless for 1.07 B $

It seems like Unitech wireless has been up for sale for quite sometime now and finally someone seems to have bought into the telecom firm which has a pan india telecom license and spectrum in 13 cities.

Unitech which was earlier rumoured to have sold off 26% to Telenor and then reported to have sold 49% to Telecom Italia has finally sold 60% to Telenor for $1.07 Billion!

The deal would happen in tranches with the first tranche of 20 %, Telenor expects to acquire the entire 60 per cent stake by September 2009. The deal would be funded via a rights issue of about 12 billion Norwegian Kroner (about $1.7 billion).

Unitech Wireless would pump-in $3 billion (about Rs 14,700 crore) investment over the next three years to roll-out operations. More on this here.

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WATBlog’s Guide for Events In November

There are events happening across India this november and here is a list for you to check out:

tie isb 5th-7th November - TIE-ISB Connect, ISB, Hyderabad: Tie-isb connect is an annual networking event for entrepreneurs and investors organized by the TiE, Hyderabad Chapter and the Wadhwani Centre for Entrepreneurship Development (WCED), ISB. The event is a must attend for aspiring entrepreneurs, early-stage ventures, and growth-stage ventures with potential investors, successful entrepreneurs and mentors. The event agenda can be found here and one can register here.

5th-7th November - Nasscom Animation and Gaming Conference, HCC Complex, Hyderabad: The 6th edition of its Animation & Gaming would bring together animators, producers, program directors, broadcasters, production units involved in media & entertainment, art & design schools, IT companies, investors, VC's, government officials from Films Division/ Information and Broadcasting Departments, media etc. This event aims to be an ideal platform for Indian animation, gaming, electronic media, mobile and console players to participate at the event and demonstrate their competencies, strengths and capabilities. One can download the agenda here and register here.

8th November - Startup Saturday, Mumbai S.P.Jain Institute : Startup Saturday is an initiative by Headstart to provide entrepreneurs in each city with a monthly community driven forum that is structured in agenda but open in discussions. A Startup Saturday provides a forum for entrepreneurs to discuss, present, network and learn from peers, prospective customers, adopters, partners and investors. This is a free event and one needs to check the Startup Saturday, Mumbai page for registering.

iamai 11th November - IAMAI Digital Entertainment Conference, ITC Grand Central, Mumbai: Internet & Mobile Association of India (IAMAI) is an industry body which has been organising conferences year round. Check our coverage of past IAMAI events here. The Digital entertainment conference would focus on the entertainment industry and its opportunities to go digital. A must attend for digital and traditional professionals in the entertainment field. One can check out the agenda here and register here.

14th November - Marketing 2.0 Conference, Taj President, Mumbai: The marketing 2.0 conference is being organised by the Media and Marketing Institute which was recently launched 9.9 Mediaworx. The Marketing 2.0 conference is a day long conference which focusses on digital transformation: from niche to mainstream.

21st November - Broadband Tech Conference, The Imperial, New Delhi: The 5th Broadband Tech India 2008 will bring together professionals from the telecom world, including industry leaders, customers, venture capitalists, analysts, government officials. It will provide a detailed insight into the dynamics of the broadband industry. One can register for the event here.

Well thats not all for november.. After the success of the first WATBlog Panel.. WATBlog is working on one more of its own event (which may be different to the earlier one!) the details of which shall be on WATBlog next week. So stay tuned! And have an eventful November!