Telco

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Telco - Total results - 31
Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr in secondary market; more of debt relief exercise, feel analysts
Business

Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr in secondary market; more of debt relief exercise, feel analysts

Promoter firm Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore, the company said on Tuesday

Bharti Airtel promoter firm to raise $1 bn through equity to become debt-free; may sell nearly 15 cr shares: Report
Business

Bharti Airtel promoter firm to raise $1 bn through equity to become debt-free; may sell nearly 15 cr shares: Report

Bharti Telecom holds around 41 percent stake in Bharti Airtel, while foreign promoter entities own 21.46 percent stake in the telecom firm. Public shareholders have around 37 percent stake in the company.

Delay hits Airtel, Tata Teleservices merger; unlikely to get govt nod this year as deal caught in AGR dues controversy
Business

Delay hits Airtel, Tata Teleservices merger; unlikely to get govt nod this year as deal caught in AGR dues controversy

Bharti Airtel on 1 July announced that the consumer mobile business of Tata Teleservices Ltd (TTSL) has now become a part of the company

In a first, RCom AGM to be chaired by resolution professional today; firms in diversified group to hold their AGMs
Business

In a first, RCom AGM to be chaired by resolution professional today; firms in diversified group to hold their AGMs

RCom itself sought bankruptcy early February after its efforts to sell spectrum to Reliance Jio failed due to regulatory delays

Vodafone Idea posts Rs 5,005 cr loss for third quarter; telco targets higher share of new 4G customers
Business

Vodafone Idea posts Rs 5,005 cr loss for third quarter; telco targets higher share of new 4G customers

The books of Vodafone Idea recorded comprehensive loss of Rs 1,284.5 crore in the same quarter a year ago.

Reliance Jio takes $1 billion term loan to pay Korean vendors Samsung and Ace
Business

Reliance Jio takes $1 billion term loan to pay Korean vendors Samsung and Ace

The term loan is covered by the Korea Trade Insurance Corporation (K-Sure).

Ahead of merger with Airtel, Tata Teleservices adds more new subscribers than others in August: TRAI
News & Analysis

Ahead of merger with Airtel, Tata Teleservices adds more new subscribers than others in August: TRAI

Though their was a dip in overall telecom subscriber base, the broadband segment recorded increase in customer base to 31.64 crore at the end of August from 31 crore at the end of July with a monthly growth rate of 1.81 percent.

Number of telephone subscribers see a slight decline in July-August: TRAI
News & Analysis

Number of telephone subscribers see a slight decline in July-August: TRAI

The wireless tele-density in India declined from 92.03 at the end of July to 91.87 at the end of August. The net decline in the wireline subscriber base was 0.15 million with a monthly decline rate of 0.63 percent.

BSNL takes on Jio's 'Dhan Dhana Dhan offer' with Rs 333 'Triple Ace' plan offering 3 GB of data per day
News & Analysis

BSNL takes on Jio's 'Dhan Dhana Dhan offer' with Rs 333 'Triple Ace' plan offering 3 GB of data per day

Telecom provider BSNL introduces three, new, data-heavy plans to compete in the rate-war now shaking up the telecom market

SoftBank is working on reprogrammable eSIM technology for IoT; SIM to be carrier independent
News & Analysis

SoftBank is working on reprogrammable eSIM technology for IoT; SIM to be carrier independent

Japanese telecom giant SoftBank appears to be dipping its toes in the Internet of Things (IoT) space with the announcement of an eSIM project for IoT devices.

Telcos unhappy with Trai's recommendation of independent body for consumer complaints
News & Analysis

Telcos unhappy with Trai's recommendation of independent body for consumer complaints

The Telecom Regulatory Authority of India (Trai) has issued recommendations for complaints/grievance redressal in the telecom sector. These recommendations are based on a consultation paper that was issued on the same.

BSNL offers new data packs with double the data in celebration of Holi; 28GB data for Rs 291
News & Analysis

BSNL offers new data packs with double the data in celebration of Holi; 28GB data for Rs 291

The existing Rs 156, Rs 198, Rs 291 and Rs 549 plans from BSNL are being upgraded to offer lots more data and in some cases, increased validity

It’s official; Vodafone Group and Idea Cellular are in talks for a merger
News & Analysis

It’s official; Vodafone Group and Idea Cellular are in talks for a merger

Ending months of speculation, Vodafone on Monday confirmed it is in talks with the Aditya Vikram Birla group for the merger of its Indian entity and Idea Cellular in what will be the largest such deal in the country's telecom space once it materialises.

Retired judge seeks Rs 9,900 crore penalty for Airtel, Vodafone and Idea for anti-competitive behaviour
News & Analysis

Retired judge seeks Rs 9,900 crore penalty for Airtel, Vodafone and Idea for anti-competitive behaviour

Justice B.C. Patel, a retired Chief Justice of the Delhi and the Jammu and Kashmir High Courts, has sought a penalty of Rs 9,900 crore to be imposed on Airtel, Vodafone and Idea collectively for their "gross violation" of licensing terms and conditions.

BSNL and Vodafone sign 2G intra-circle agreement allowing use of each other's assets and network
News & Analysis

BSNL and Vodafone sign 2G intra-circle agreement allowing use of each other's assets and network

BSNL and Vodafone have announced the signing of a 2G intra-circle agreement that allows them to use each other’s assets and network across the country.

Indus OS expects data traffic to increase five-fold by year end
News & Analysis

Indus OS expects data traffic to increase five-fold by year end

RelianceJio's entry and rapid expansion of 4G services by other telecom operators are expected to drive data traffic five-fold on its devices by the end of this year, Indian tech firm Indus OS has said.

'It is an unfortunate misunderstanding,' COAI director on tiff with Trai on telco meeting
News & Analysis

'It is an unfortunate misunderstanding,' COAI director on tiff with Trai on telco meeting

Terming its recent confrontation with regulator TRAI in the wake of Rel Jio controversy as "unfortunate misunderstanding", the cellular operators body has said it has no intention to disparage anyone and is keen to move forward and resolve issues.

Walk in with an Aadhar card, walk out with an activated Vodafone mobile connection
News & Analysis

Walk in with an Aadhar card, walk out with an activated Vodafone mobile connection

Vodafone has announced that prospective Vodafone customers will soon be able to walk into a Vodafone store with their Aadhar number and walk out with an activated prepaid or postpaid SIM.