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Telcos deposit Rs 14,653 cr for largest ever spectrum auction

Sep 20, 2016

Telcos deposit Rs 14,653 cr for largest ever spectrum auction

This is the first time that government will auction the 700 Mhz band, considered to be the most premium as the estimated cost of providing service through it is about one-third of 3G under the 2100 Mhz band. #Bharti Airtel #Mukesh Ambani #Anil Ambani #Reliance Communications #Idea Cellular #spectrum #Airtel #Vodafone India #telcos #Reliance Jio #Earnest Deposit Money
RCom, Aircel may raise $1 bn from overseas investors for expansion, spectrum payment

Sep 16, 2016

RCom, Aircel may raise $1 bn from overseas investors for expansion, spectrum payment

Reliance Communications executives also said the merged carrier might have to pay additional fees to the government for certain mobile spectrum held by Reliance Communications in 14 of India's 22 telecoms zones #Debt #Aircel #Reliance Communications #RCom #spectrum #Maxis Communications #fund raising #airwaves #Expansion
RCom, Aircel merger is good news; will it signal consolidation in the crowded telecom market?

Sep 15, 2016

RCom, Aircel merger is good news; will it signal consolidation in the crowded telecom market?

The merger will help the two companies get economies of scale to deal with increasing competition in the market, something the two standalone entities were finding tough #Bharti Airtel #Debt #Vodafone #Aircel #RCom #Idea #spectrum #MTS #Maxis Communications #Merger #Wireless #Market Share #Reliance Jio #cellular #BoAML report
Spectrum auction: Rs 5.6 lakh cr revenue a tall call as pricing, glut may spoil the party

Aug 09, 2016

Spectrum auction: Rs 5.6 lakh cr revenue a tall call as pricing, glut may spoil the party

A telecom industry expert pointed out that the 700 mhz band is unlikely to see much bidding and it is possible that the reserve price is revised downwards #Bharti Airtel #Reliance Industries #GDP #telecom #Vodafone #3G #Idea Cellular #Department of Telecom #DoT #spectrum #4G #Reliance Jio #RJio
Reliance Communications expects merger with Aircel to happen sooner

Jun 23, 2016

Reliance Communications expects merger with Aircel to happen sooner

Earlier last month, the company and Aircel had decided to extend by 30 days the discussion period for their possible merger #Aircel #Reliance Communications #RCom #spectrum #Merger #R #maxis communications berhad
Why there are more hits than misses in the two years of Modi government

May 23, 2016

Why there are more hits than misses in the two years of Modi government

This government has been known to be a keen performer in terms of introducing policies and ensuring that they are implemented #coal #FDI #spectrum #Reforms #Modi government #Digital India #Jan Dhan #Make In India #UDAY bonds
Telenor hints at India exit, runs up huge operating loss

Apr 27, 2016

Telenor hints at India exit, runs up huge operating loss

Posting a huge operating loss of 3,100 million Norwegian Krone (around Rs 2,530 crore) for its Indian telecom business, Telenor today hinted at exiting India if it fails to procure spectrum at reasonable rates. #Telenor #TRAI #spectrum #Operating loss #India Business #Global CEO Sigve Brekke
Bharti Airtel to acquire Aircel's 4G spectrum in 8 circles for Rs 3,500 cr; debt may rise by Rs 10k cr

Apr 09, 2016

Bharti Airtel to acquire Aircel's 4G spectrum in 8 circles for Rs 3,500 cr; debt may rise by Rs 10k cr

The country’s telecom operators have a combined debt of more than Rs 3.5 lakh crore on annual revenues of more than Rs 2 lakh crore #Bharti Airtel #Mukesh Ambani #Debt #Aircel #spectrum #Videocon #airwaves #Reliance Jio