Telecom
Telecom News
Vodafone-Idea AGR dues settlement: Govt may hold 35.8% stake as firm moves to convert dues liability into equity
If the plan goes through, then the government will become one of the biggest shareholders in the company, which is reeling under a debt burden of about Rs 1.95 lakh crore.
Reliance Jio prepaid plans to be hiked by up to 20% from 1 Dec, check details here
These plans will provide the best value in the industry. Upholding the Jio promise of providing the best-quality service at the lowest price globally, Jio customers will continue to be the biggest beneficiaries, Jio said
Bharti Airtel collects over Rs 5,200 crore from first tranche of payment in rights issue
Bharti Airtel's about Rs 21,000 crore rights issue had opened on 5 October and closed on 21 October and was oversubscribed
Teleform sector reforms to ensure fearless investment, support India's digital ambitions, says Sunil Mittal
Bharti Airtel said the reform package heralds a new dawn for the Indian telecom industry and will catalyse explosive growth of this vital sector
Delhi HC asks TRAI to ensure strict implementation of regulation to curb unsolicited commercial calls
The HC also directed telcos to ensure they strictly comply with the Telecom Commercial Communications Customer Preferences Regulations (TCCCPR) 2018 issued by Trai.
Airtel revises Rs 199 plan, now offers 1.5 GB daily data, 100 SMS per day with 24 days validity
The new Rs 199 plan is applicable at present only for users with telecom connections in the states of Andhra Pradesh, Telangana and Karnataka.
Zero IUC regime: What is IUC, how it will impact Airtel, Reliance Jio and Vodafone Idea
The zero IUC regime was previously slated to come into effect from January 2020, but then the telecom regulator deferred its implementation till 1 January 2021.
All landline to mobile calls to be dialled with prefix ‘0’ starting 15 January: Department of Telecom
The Department of Telecom says that all landline users will be provided with a ‘0’ dialling facility.
Vodafone Idea issues clarification: No proposal from Google on investment, says telecom major; evaluating various opportunities
Vodafone Idea said currently there is no proposal as reported by the media that is being considered at the Board
FII ownership in Nifty-500 hits five-year low during Q4; promoter holdings up post-COVID-19 outbreak: Motilal Oswal
Both FIIs and domestic institutional investors (DIIs) increased stake in telecom on a quarter-on-quarter basis by 190 and 220 basis points respectively.
Moderate participation expected in spectrum auctions; telecom industry's debt to elevate at Rs 4.6 lakh cr in FY21: ICRA
Rating agency ICRA expects moderate participation for the upcoming spectrum auctions at Rs 55,000-Rs 60,000 crore due to the limited financial flexibility of the industry
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
DPIIT asks telecom dept, BSNL to hold Rs 9,000 cr worth tender following allegations of anomalies
The Department for Promotion of Industry and Internal Trade (DPIIT) has asked the telecom department and state-owned BSNL to put on hold the tender for setting up 4G network, valued at Rs 9,000 crore, after allegations emerged that the tender favoured foreign companies
Vodafone Idea will bounce back despite AGR stress, says Bharti Infratel chairman Akhil Gupta
Telecom infrastructure company Bharti Infratel on Friday said it believes that Vodafone Idea will bounce back, and the entity "will be around" despite the stress faced by the operator on account of statutory dues
Bharti Infratel Q4 net profit at Rs 650 cr; company extends Indus Towers merger deadline by 2 months
Telecom infrastructure firm Bharti Infratel on Thursday reported a 7 percent increase in consolidated net profit for the March quarter at Rs 650 crore
Vodafone Idea's long term viability remains under cloud, despite near-term liquidity support: Report
The $200 million fund infusion by British telecom giant Vodafone offers near-term liquidity support to Vodafone Idea, but longer-term viability remains under cloud, Credit Suisse has said
Vodafone Idea shares jump 9% as Vodafone Group makes about Rs 1,530 cr accelerated payment
Shares of Vodafone Idea Ltd ended over 9 percent higher on Thursday after British telecom giant Vodafone Plc said it has advanced infusion of $200 million (about Rs 1,530 crore) in its Indian joint venture with Aditya Birla Group, that is facing a humongous liability of past statutory dues
Vodafone Group makes Rs 1,530 cr payment to Vodafone Idea under 'contingent liability mechanism'
Vodafone Group on Wednesday said it has accelerated a payment of $200 million (about Rs 1,530 crore) to Vodafone Idea, due in September 2020, under the terms of the "contingent liability mechanism"
Coronavirus Outbreak: Airtel to pay April salaries of nearly 25,000 staff employed by distributors, retail franchisees
Airtel has decided to pay the basic income for April to nearly 25,000 employees of its distribution partners and retail franchisee network to help them tide over the unprecedented situation arising out of the ongoing lockdown to contain the spread of Covid-19
Former Vodafone Idea executive Rahul Vatts joins Bharti Airtel as chief regulatory officer
Telecom operator Bharti Airtel has appointed Rahul Vatts as the chief regulatory officer of the company