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Reliance Jio, Tata Teleservices, others understate revenue by Rs 14,000 crore, says CAG
Wed, Dec 20, 2017
Tata Teleservices, Telenor, Videocon and Reliance Jio are among five telecom firms which have understated revenues by over Rs 14,800 crore, resulting in a short fall of nearly Rs 2,578 crore to the exchequer, government auditor CAG said today.
Telecom subscriber base drops marginally to 121 crore
Thu, Sep 14, 2017
Only three operators -- Reliance Jio, Bharti Airtel and state-run BSNL -- reported subscriber additions in the month, while eight other operators including Idea Cellular and Vodafone, saw a decline.
Airtel acquires Tikona 4G LTE spectrum in four circles
Wed, Aug 30, 2017
Airtel said it has completed the acquisition of shares of Tikona the broadband internet service provider in India.
Reliance Jio is now officially the fourth largest telecom company in India, grabs 10% share
Fri, May 19, 2017
Newcomer Reliance Jio has garnered 9.29% of the telecom market share, as per TRAI data. Its new subscriber additions in March were over 58 lakh and it took its total subscriber base to 10.86 crore.
Reliance Jio's free services hit Idea Cellular's Q4 margins; posts net loss of Rs 328 crore
Sat, May 13, 2017
India's telecom operator Idea Cellular on Saturday posted its second straight quarterly loss after Reliance Jio's free services hit sales and eroded its margins.
Call drop rates worsen in April
Fri, Apr 28, 2017
Even though network utilisation has been improving over the past few months the rate of call drops has been declining. Call drop rate in April was 0.75% while in April it was 0.66%, as per the Quality of Service Analysis by Telecom Regulatory Authority of India (TRAI).
Subscriber base of 6 telcos rises 2.27 million in February
Fri, Mar 24, 2017
"...The number of mobile phone subscribers showed an increase to 817.42 million in February 2017. The net increase in subscriber base is 2.27 million in the month of February," the Cellular Operators Association of India said in a statement.
Markets continue to dislike Idea-Vodafone merger as shares fall for second consecutive day
Tue, Mar 21, 2017
Motilal Oswal, however, is confident that Idea will perform better. It said, "We upgrade Idea to Buy with a target price of Rs 120, implying 9x EV/EBITDA on FY19E for the combined entity. In our view, rich valuation is justified, as the expected recovery from FY19 could drive EBITDA CAGR (compound annual growth rate) of 18% over FY18-22."
EU open to compromise on some parts of mobile industry agenda
Wed, Mar 01, 2017
At a closed-door meeting on Monday with senior mobile industry executives, commissioner Andrus Ansip said he supported compromise on an issue the industry considers critical, longer-term licences for airwave spectrums, according to a senior source present at the meeting.
5 major telcos optimum for Indian market: Telecom Secretary
Sun, Feb 26, 2017
Telecom Secretary's comments assume significance as India -- the world's second largest mobile services market after China -- is in the midst of massive consolidation with incumbent operators joining forces to take on aggressive newcomer Reliance Jio.
Spectrum or subscribers? The real reason why Airtel bought Telenor
Fri, Feb 24, 2017
Sudden intense competition in the already saturated telecom market in India has led to Bharti Airtel’s acquisition of Telenor’s India operations.
Bharti Airtel revenue market share to rise 2% with Telenor acquistion: Report
Thu, Feb 23, 2017
It said for Bharti, benefits from additional spectrum assets will offset the spectrum liabilities taken over.
Airtel's five year long acquisition spree continues with Telenor India
Thu, Feb 23, 2017
Bharti Airtel has entered into an agreement with Norwegian multinational telecommunications company Telenor South Asia to buy its India operations housed under Telenor India.
Sensex, Nifty open in green; Bharti Airtel up 10% on Telenor merger plan
Thu, Feb 23, 2017
At 0918 hours Sensex was trading at 28,962.76, up 98.05 points or 0.34%
Bharti Airtel acquires Telenor India amid Vodafone-Idea merger plan
Thu, Feb 23, 2017
Telenor India’s operations and services will continue as normal until the completion of the transaction, the press release said.
Reliance Jio's 4G speeds fastest among telcos in December, Trai data show
Wed, Jan 11, 2017
After offering the slowest 4G download speeds in October according to Trai's speed test, it has now jumped to highest 4G speeds among telecom operators.
Over 50% kids share their passwords with friends: Survey
Mon, Dec 26, 2016
The WebWise survey was conducted across schools in 13 cities of India covering a sample size of 2727 students.
RJio rates not predatory, discriminatory says Ministry of Communications
Wed, Nov 16, 2016
At the winter session of parliament which began on Wednesday, the Ministry of Communications put an end to speculations over Reliance Jio (RJIO)’s questionable offers and said they were well within the guidelines to offer them.
Telecom operators submit their application for mega spectrum auction
Wed, Sep 14, 2016
It will be largest ever spectrum auction in which the Government of India plans to sell a record of 2,354 MHz of mobile airwaves across seven bands at the upcoming auctions.
Call Drops: Telecoms lose face in Hyderabad
Wed, Jun 08, 2016
TRAI’s call drop test in Hyderabad showed that customers on Anil Ambani-led Reliance Communications network faced maximum call drops.