The rumors have started again. Reports suggest that the Hong Kong-based Hutchison Whampoa group is believed to be considering a sale of its telecom business. The sale might include Hutchison Essar as well. Hutch has postponed its IPO in India so many times.
Vodafone has shown interest in taking over Hutchison Essar. Its willing to offer upto 13.5 Billion Dollars for the deal. Reliance is reported to have teamed up with Blackstone Ventures and is willing to offer upto 15 Billion Dollars.
Its interesting to note that Vodafone has an 10% stake in Bharti Airtel which is valued at close to 1.4 Billion pounds. But there is a no compete attached to this deal.
We still need to wait and see the turn of events.

Google and Orange might be in the middle of a multi billion dollar deal to bring out a device which might be the Google Phone. Google apps will be mostly preloaded on the phone. Gmail Mobile app is already a big hit. A Gtalk Java client is also under development some folks say. Google has been embracing the Mobile ecosytem recently.Google mobile Maps and Google Mobile Local are also there. Google has always shown some interest in Location based services.









Vertu, Mobiado and Bang & Olufsen seem to be getting competion. A new company named Gresso, based out of Russia has entered the luxury phone market.The Gresso Luxury Phone is made of gold and African Blackwood.