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The Jio Effect: Airtel Buys Telenor, Price Undisclosed So Far
Bharti Airtel said on Thursday it will buy Telenor (India) Communications Pvt Ltd, as part of which it will acquire the Norwegian company's operations in six states. It did not disclose financial terms of the deal.
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Idea Cellular Reports First-Ever Loss As Telco Price War Rages
Reliance Jio Infocomm Ltd, controlled by India's richest man, Mukesh Ambani, opened for business in September and has shaken the Indian telecoms market with its free voice and cut-price data plans spurring a flurry of similar offers from incumbents led by Bharti Airtel Ltd.
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Government Raises Rs 65,789 Crore From Telecom Spectrum Auction
Top mobile phone carrier Bharti Airtel Ltd said it bought spectrum worth Rs 14,244 crore, while No.3 Idea Cellular said it had bought spectrum worth Rs 12,798 crore.
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RJio Hits Out At Airtel, Says 10 Crore Calls Failing A Day
With 10 crore calls from its network to users of operators like Airtel failing per day, Mukesh Ambani-led Reliance Jio on Tuesday hit out at incumbent operators for not making operational new interconnections in last 15 days despite repeated reminders.
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Reliance Industries, Mobile Carriers, Post Office Win Payment Bank Permits
Payments banks will be able to take deposits and remittances but will not be allowed to lend.
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Bharti Airtel to Expand 4G Ahead of Reliance Jio Launch
Bharti Airtel Ltd, India's top cellular carrier, is expanding its fourth-generation (4G) mobile phone services to cover nearly 300 towns in the coming weeks, ahead of a launch by a formidable newcomer.
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Government Can Collect Cash From Record Spectrum Auction, Rules Supreme Court
The sale of mobile phone airwaves, which has collected a record $17.6 billion or Rs. 1,09,874 crores in a spectrum auction stretching over 19 days of fierce bidding can be treated as final, the Supreme Court said today, which means the government can collect initial payments from operators, and show the revenue as earned in this financial year, ...
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Sunil Mittal, Ravikant Ruia Not to Face Trial in 2G Case, Says Supreme Court
The Supreme Court today said that Sunil Bharti Mittal, the chairman and managing director of Bharti Cellular Ltd and Ravi Ruia, the promoter of Essar Group, will not face trial in a case of allocation of additional spectrum.
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Supreme Court Verdict on Sunil Mittal, Ravi Ruia's Trial in 2G Spectrum Case Today
The Supreme Court will decide tomorrow whether Sunil Bharti Mittal, the chairman and managing director of Bharti Cellular Ltd and Ravi Ruia, the promoter of Essar Group, will face trial in the additional spectrum case.
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Data Tariffs May Fall 20 Per Cent With Reliance Jio's Entry: Fitch
Reliance Jio Infocomm's entry in the telecom space will intensify competition and may bring data tariffs down by at least 20 per cent, Fitch Ratings said on Tuesday.
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Sensex Gains 310 Points, Ends Near Record High
Telecom stocks rose after Idea Cellular Ltd's April-June profit beat estimates while sector regulator's guidelines for mobile phone spectrum sharing also helped sentiment.
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Idea net profit up 90% to Rs 590 cr as competition tapers off
Top mobile carriers in India last year started gaining market share and were able to raise prices of voice calls, their mainstay, after a gap of almost three years, following a court order on a licensing scandal that forced some smaller companies out of the market.
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Telecom firms' chiefs demand uniform spectrum fee of 1 per cent before auction: report
Top executives of leading GSM companies - Airtel, Vodafone, Idea and Uninor - have in a joint letter asked the Prime Minister's Office, members of the EGoM on telecom and the Department of Telecommunications (DoT) to implement a uniform annual spectrum fee of 1 per cent across industry to ensure success of the auction starting January 23.
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Sensex trades flat, telecom shares hit
Bharti Airtel Ltd's shares fell 2 percent after rival Idea Cellular Ltd on Thursday reported lower voice volumes in the July-September quarter from the previous quarter. Idea shares are also down 3 percent.
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Idea, Bharti Airtel fall on concerns over voice volumes
Bharti Airtel Ltd shares fell as much as 2 percent after rival Idea Cellular Ltd on Thursday reported lower voice volumes in the July-September quarter from the previous quarter.
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The Jio Effect: Airtel Buys Telenor, Price Undisclosed So Far
Bharti Airtel said on Thursday it will buy Telenor (India) Communications Pvt Ltd, as part of which it will acquire the Norwegian company's operations in six states. It did not disclose financial terms of the deal.
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Idea Cellular Reports First-Ever Loss As Telco Price War Rages
Reliance Jio Infocomm Ltd, controlled by India's richest man, Mukesh Ambani, opened for business in September and has shaken the Indian telecoms market with its free voice and cut-price data plans spurring a flurry of similar offers from incumbents led by Bharti Airtel Ltd.
-
Government Raises Rs 65,789 Crore From Telecom Spectrum Auction
Top mobile phone carrier Bharti Airtel Ltd said it bought spectrum worth Rs 14,244 crore, while No.3 Idea Cellular said it had bought spectrum worth Rs 12,798 crore.
-
RJio Hits Out At Airtel, Says 10 Crore Calls Failing A Day
With 10 crore calls from its network to users of operators like Airtel failing per day, Mukesh Ambani-led Reliance Jio on Tuesday hit out at incumbent operators for not making operational new interconnections in last 15 days despite repeated reminders.
-
Reliance Industries, Mobile Carriers, Post Office Win Payment Bank Permits
Payments banks will be able to take deposits and remittances but will not be allowed to lend.
-
Bharti Airtel to Expand 4G Ahead of Reliance Jio Launch
Bharti Airtel Ltd, India's top cellular carrier, is expanding its fourth-generation (4G) mobile phone services to cover nearly 300 towns in the coming weeks, ahead of a launch by a formidable newcomer.
-
Government Can Collect Cash From Record Spectrum Auction, Rules Supreme Court
The sale of mobile phone airwaves, which has collected a record $17.6 billion or Rs. 1,09,874 crores in a spectrum auction stretching over 19 days of fierce bidding can be treated as final, the Supreme Court said today, which means the government can collect initial payments from operators, and show the revenue as earned in this financial year, ...
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Sunil Mittal, Ravikant Ruia Not to Face Trial in 2G Case, Says Supreme Court
The Supreme Court today said that Sunil Bharti Mittal, the chairman and managing director of Bharti Cellular Ltd and Ravi Ruia, the promoter of Essar Group, will not face trial in a case of allocation of additional spectrum.
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Supreme Court Verdict on Sunil Mittal, Ravi Ruia's Trial in 2G Spectrum Case Today
The Supreme Court will decide tomorrow whether Sunil Bharti Mittal, the chairman and managing director of Bharti Cellular Ltd and Ravi Ruia, the promoter of Essar Group, will face trial in the additional spectrum case.
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Data Tariffs May Fall 20 Per Cent With Reliance Jio's Entry: Fitch
Reliance Jio Infocomm's entry in the telecom space will intensify competition and may bring data tariffs down by at least 20 per cent, Fitch Ratings said on Tuesday.
-
Sensex Gains 310 Points, Ends Near Record High
Telecom stocks rose after Idea Cellular Ltd's April-June profit beat estimates while sector regulator's guidelines for mobile phone spectrum sharing also helped sentiment.
-
Idea net profit up 90% to Rs 590 cr as competition tapers off
Top mobile carriers in India last year started gaining market share and were able to raise prices of voice calls, their mainstay, after a gap of almost three years, following a court order on a licensing scandal that forced some smaller companies out of the market.
-
Telecom firms' chiefs demand uniform spectrum fee of 1 per cent before auction: report
Top executives of leading GSM companies - Airtel, Vodafone, Idea and Uninor - have in a joint letter asked the Prime Minister's Office, members of the EGoM on telecom and the Department of Telecommunications (DoT) to implement a uniform annual spectrum fee of 1 per cent across industry to ensure success of the auction starting January 23.
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Sensex trades flat, telecom shares hit
Bharti Airtel Ltd's shares fell 2 percent after rival Idea Cellular Ltd on Thursday reported lower voice volumes in the July-September quarter from the previous quarter. Idea shares are also down 3 percent.
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Idea, Bharti Airtel fall on concerns over voice volumes
Bharti Airtel Ltd shares fell as much as 2 percent after rival Idea Cellular Ltd on Thursday reported lower voice volumes in the July-September quarter from the previous quarter.
