Srikapardhi

Passionately following the Indian #Telecom Industry for over a decade from Business, Consumer and a Technical perspective. My primary focus area is Consumer & Digital Experience.

Srikapardhi

Airtel inks pact to divest 950 towers in Congo

Airtel inks pact to divest 950 towers in Congo

Bharti Airtel Thursday said that it will divest about 950 towers in Democratic Republic of Congo to Helios Towers Africa (HTA). The divestment also includes towers currently under construction in the DRC. The move is aimed deleveraging by reducing debt and ongoing capital expenditure, and turn profitable in the region. Further, … Read More

Srikapardhi

Ericsson bags deal for Easypaisa in Pakistan

Ericsson bags deal for Easypaisa in Pakistan

Swedish telecom gear maker Ericsson said that Easypaisa, Pakistan’s first and largest branchless banking solution, is deploying Ericsson Wallet Platform to replace its existing platform. The platform will allow consumers to conduct secure mobile banking transactions with ease and helps Easypaisa bring mobile money to unbanked citizens in Pakistan, which has … Read More

Srikapardhi

Telecom Commission gives nod to VRS for MTNL employees

Telecom Commission gives nod to VRS for MTNL employees

Telecom Commission on Saturday has given its nod to a proposal to provide voluntary retirement scheme (VRS) to employees at state-run telecom telco, MTNL. The move is aimed at reviving the loss making telco which has been losing revenue of up to Rs 2000 crore per year. MTNL has 40,000 employees, … Read More

Srikapardhi

Idea Cellular net profit down 39%, revenue up 13%

Idea Cellular net profit down 39%, revenue up 13%

Idea Cellular, the country’s third largest telco, reported 39% decline in the net profit for the consolidated third-quarter at Rs 575.6 crore, compared to Rs 941.8 crore a year earlier. The company’s net profit for hurt by a sharp increase in depreciation & amortisation besides interest costs to service debt taken … Read More

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