| Page (1) of 1 - 11/05/09 |
 email article |
 print
page |
|
The Intel logo is advertised on a computer at an electronic store in Phoenix, Arizona November 4, 2009. Intel Corp was sued by New York Attorney General Andrew Cuomo, who accused the world's largest chipmaker of threatening computer makers and paying billions of dollars in kickbacks to maintain its market dominance. REUTERS/Joshua Lott
MUMBAI (Reuters) - Intel <INTC.O>, the world's largest chip maker, is planning to participate in bids invited by Indian state-owned telecom equipment maker ITI Ltd <ITEL.BO> to set up joint ventures, the Business Standard reported on Friday.
ITI intends to be a minority partner in the proposed joint ventures with a 26 percent stake according to the bid proposals, the newspaper said.
It said Intel was interested in making the hardware and consumer premise equipment around WiMAX technology, which provides for wireless transmission of data up to 75 megabytes per second.
Though interested parties have been asked to participate before January 29, 2010, the telecoms ministry is holding a pre-bid conference before selecting them, the paper said.
Other global players that have showed interest include Huawei <HWT.UL>, Alcatel-Lucent <ALUA.PA>, Samsung <005930.KS> and Hitachi <6501.T>, the paper said.
A spokeswoman for Intel in India could not immediately respond to the report.
(Reporting by Janaki Krishnan; Editing by Ranjit Gangadharan)
2009 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies. For additional information on other Reuters media services please visit http://about.reuters.com/media/.
Page: 1
Related Sites: Digital Producer , Media Workstation , Digital Video Editing , Digital CAD , Digital Animators , Animation Artist , Digital Game Developer , Digital Pro Sound , After Effects , Digital Intermediates , DVD Studio Pro , IBN - Storage , IBN - Networking , IBN - ProductivityApps , IBN - Security , IBN - SoftwareDev , USDailyNews , Digital Facility , VideoBasedTutorials
Related Newsletter: DMNForums , Tutorial Finder , Review Seeker , IBN - IT Weekly Newsletter
