Neotel added 10 000 customers to its retail consumer subscriber base in first quarter of its 2011/2012 financial year and plans to introduce new data plans later this month to ensure that growth continues. CEO Sunil Joshi says Neotel had 50 000
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India’s Tata Communications has acquired Two Telecoms Consortium’s 12,5% stake in Neotel taking its stake in the local operator to 61.5%. Tata Communications is part of the US$67bn Tata group. Neotel wants to expand its customer base by
Far from giving up on the retail consumer market, Neotel wants to expand its customer base by 50% in its current financial year and will spend money on new wireless base stations to deepen and extend its coverage
Neotel’s been getting a lot of bad press lately. Financial losses are mounting and retrenchments are looming. But it’s too soon to write the company off. If it acts tactically now, it could still be a force to be reckoned with in SA telecommunications
Neotel has been struck by three senior-level resignations just a week after parent company, India’s Tata Communications, announced that Neotel MD and CEO Ajay Pandey was being redeployed and would return to his native India
Neotel has a new CEO. Sunil Joshi, head of enterprise solutions at Tata Communications, will take the reins at the telecommunications operator. Joshi will replace Pandey
Neotel’s ability to continue as a going concern has been questioned by its independent auditors, Deloitte & Touche. But CEO Ajay Pandey says there’s no reason for alarm and insists that the company
Neotel parent, India’s Tata Communications, has a new CEO. The company has announced that Vinod Kumar will replace Srinath Narasimhan on 1 February.
Neotel’s much-vaunted entry into the prepaid consumer market doesn’t appear to be paying dividends for the telecommunications company. More than three months after launching prepaid products, Neotel says
There’s no cheer this Christmas for Neotel employees. The operator has notified staff that retrenchments are looming, blaming the weak global economy for the move. But company insiders say Neotel, which has more