Companies & Sectors
Brothers Ambani to connect companies in data, telecom platforms
Reliance Communications chairman Anil Ambani on Wednesday said his company will partner with elder brother, Mukesh-controlled Reliance Jio to offer each other's subscribers seamless reciprocal access to three generations of data and voice telephony in the country.
 
Addressing the company's shareholders here, Anil Ambani also said talks were at advanced stages for acquiring the India operations of Sistema Shyam TeleServices, besides hiving off the passive infrastructure of telecom towers into a separate company.
 
Welcoming the recent decisions on spectrum sharing and trading, Ambani said it will prove a major enabler in improving telecom coverage, the quality of service and monetisation of investments that have already been made in acquiring this scarce but expensive resource.
 
He said the strategic partnership between his telecom arm and Reliance Jio will be a "game-changer" and extend to the "next level" of co-operation, as talks were in advanced stages for finalising a nationwide trading and sharing arrangements in the 800MHz-850 MHz band.
 
Reciprocal pacts will be reached on roaming, he said, adding: "This strategic cooperation and partnership between R-JIO and RCom is a virtual consolidation in the telecom sector. I'm grateful to my elder brother Mukesh bhai for his unstinted support and guidance." 
 
Reliance Communications, as per a recent Citi Research report, has 9 percent of the cumulative spectrum allotted till date and will create space for Reliance Jio in the 800 MHz band in all major circles and cities.
 
Earlier, in 2013, Reliance Jio had entered into an agreement with RCOM for sharing its extensive inter-city and intra-city infrastructure of nearly 520,000 km of optic fiber pairs, besides 45,000 towers. The aggregate value of the deal was pegged at Rs.12,000 crore (nearly $6 billion).
 
Anil Ambani was also gung ho on the towers business.
 
"There is excellent progress on the strategic process for the creation of India’s first truly independent tower company through stake sale in RCOM’s (Reliance Communication's) tower business. We expect to sign and announce the transaction within the next month or two," he said.
 
As regards Sistema, he said, the deal is proposed through a stock-swap will prove a high value deal for RCOM, as it will, in extend the validity of spectrum in the 850 MHz band in eight key circles by a "significantly long period of 12 years" -- all the way up to 2033.
 
"RCOM will play a frontier role in realising the Digital India vision of Prime Minister (Narendra Modi) with capabilities of high-speed broadband on the back of its nationwide fiber network, high quality spectrum assets, and data centre facilities providing unlimited cloud computing power."
 
He said the prospects for the company were bright on account of world class telecom assets and will translate into a strengthened balance sheet, fast growth with minimal capital expenditure, and help customers leapfrog into the digital era.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Why did NASA not direct Curiosity to look for water?
While the world is going gaga over the presence of flowing brine or salty water on the Red Planet, questions are now being asked why the US space agency did not direct its Curiosity rover to the place where water proofs were recorded for a closer look.
 
The place where Mars Reconnaissance Orbiter (MRO) spotted signs of liquid water is a mere 50 km from where Curiosity is currently exploring the land.
 
According to the website NPR.org, there may be two reasons for not sending Curiosity to click the perfect water picture.
 
“The farthest Curiosity has driven in a day is about 150 metres. So even with no obstacles in the way and no traffic, it would take about a year for the rover to get there,” the NPR report said on Wednesday.
 
The other reason may come as a surprise for you.
 
Since Curiosity may still be carrying some bacterial samples from the Earth, NASA may not want them to get mixed with possible bacteria or some single cell organism that the salty water on the Red Planet may be harbouring.
 
Curiosity, like other Mars rovers, is not a life-detection mission so these are directed to stay away from places where there may be water.
 
“In other words, NASA is not only concerned about us contaminating some other planet - it's also concerned about some other planet contaminating us,” the report added.
 
Curiosity has been working on Mars since early August 2012.
 
Adding to the growing literature on possible life conditions on the Red Planet, Curiosity found in April this year that it is possible that there is liquid water close to the surface of Mars.
 
The explanation was that the substance calcium perchlorate has been found in the soil which lowers the freezing point so the water does not freeze into ice, but is liquid and present in very salty water - brine.
 
Curiosity has also made the first detection of nitrogen on the surface of Mars, released during heating of Martian sediments.
 
The nitrogen was detected in the form of nitric oxide, and could be released from the breakdown by heating of nitrates, or a class of molecules that contain nitrogen in a form that can be used by living organisms.
 
The discovery adds to the evidence that ancient Mars was habitable for life.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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Smartphones can ruin romantic relationships
Researchers have found that use of cellphone can ruin romantic relationships and increase levels of depression
 
Attending to your smartphone while spending time with your partner may come at a far greater cost than you imagine as researchers have found that use of cellphone can ruin romantic relationships and increase levels of depression.
 
"When you think about the results, they are astounding," said one of the researchers James Roberts, professor at Baylor University in Texas, US.
 
"Something as common as cellphone use can undermine the bedrock of our happiness - our relationships with our romantic partners," Roberts noted.
 
For their study, the researchers conducted two separate surveys, accounting for a total of 453 adults in the US, to learn the relational effects of "Pphubbing" - or "partner phone snubbing." 
 
Pphubbing is described in the study as the extent to which people use or are distracted by their cellphones while in the company of their relationship partners.
 
"What we discovered was that when someone perceived that their partner phubbed them, this created conflict and led to lower levels of reported relationship satisfaction," Roberts noted.
 
The first survey of 308 adults helped the researchers develop a "Partner Phubbing Scale", a nine-item scale of common smartphone behaviours that respondents identified as snubbing behaviours.
 
The second survey of 145 adults measured Pphubbing among romantic couples. 
 
Results of the survey showed that 46.3 percent of the respondents reported being phubbed by their partner and 22.6 percent said this phubbing caused conflict in their relationships.
 
More than one third of the participants (36.6) percent reported feeling depressed at least some of the time
 
"In everyday interactions with significant others, people often assume that momentary distractions by their cell phones are not a big deal," Meredith David, assistant professor of marketing at Baylor University's Hankamer School of Business.
 
"However, our findings suggest that the more often a couple's time spent together is interrupted by one individual attending to his/her cellphone, the less likely it is that the other individual is satisfied in the overall relationship,” David noted.
 
The study appeared in the journal Computers in Human Behaviour.
 
Disclaimer: Information, facts or opinions expressed in this news article are presented as sourced from IANS and do not reflect views of Moneylife and hence Moneylife is not responsible or liable for the same. As a source and news provider, IANS is responsible for accuracy, completeness, suitability and validity of any information in this article.

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