The company didn’t reveal the value of the contract. Vodafone India confirmed the contract, but declined to disclose financial terms.
The company’s core equipment supply business had taken a hit over the past couple of years, because of the cancellation of 122 telecom licenses in 2012.
The company is focused on raising voice realisations; premium data services; increasing subscriber base; cost controls at all levels; and employees.
The weaker payers will soon find the going tough in a fiercely competitive industry and the best way out for them will be selling their assets.
BlackBerry had “spread itself too thin” and was too busy launching its handsets on the BB10 platform to focus on corporate customers.
Department of Telecom said mobile tariffs are unlikely to rise in the near future as a result of the recently concluded spectrum auction because of competition.
"We are still an independent company and we will continue to be an independent company even after the Facebook deal closes," Koum said.
WhatsApp currently has 465 million monthly active users and 330 million daily ones across the globe.
Ericsson views India as a big growth market given the surge in smartphones and impending 4G launches using LTE technology in the years ahead.
The government is set to allow a stressed telecom sector to both share and trade in airwaves before the next round of auctions to be held by March 2015.
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