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Srikapardhi December 1st, 2016 2:30 PM 0 COMMENTS

Malaysia-based Axiata plans to sell 20% stake in Idea Cellular: Report

Malaysia-based Axiata, the owner of 20% stake in Idea Cellular, is reportedly planning to sell its share in the country’s third largest telecom operator, following concerns over the telco’s “subdued” valuation. According to a report in ET, Axiata believes Idea Cellular’s valuation will remain subdued for at least the next three years due to the pricing onslaught stem from the entry of Mukesh Ambani’s Reliance Jio Infocomm. Axiata has informally... Read More

Rudradeep Biswas December 1st, 2016 2:19 AM 1 COMMENTS

FDI in telecom sector reached $10 billion in first eight months of 2016-17: Telecom Secretary J S Deepak

Telecom Secretary J S Deepak said that foreign direct investment (FDI) in the telecom sector has jumped to $10 billion during the first eight months of 2016-17, from $1.3 billion in 2015-16, driven by policy reforms brought by the Indian government. FDI in telecom sector stood at $1.3 billion in 2013-14, which increased to $2.9 billion in 2014-15, and $1.3 billion in 2015-16. “FDI has jumped to USD 10 billion,... Read More

Srikapardhi December 1st, 2016 2:12 AM 0 COMMENTS

RCom’s ‘non-core’ assets like GCX may become key focus area after restructuring: Moody’s

Reliance Communications’ 'non-core' assets originally identified for disposal like GCX will become the telco’s key business focus following the planned de-merger and tower sale, ratings agency Moody’s said on Wednesday. The agency has also downgraded RCom’s corporate family rating and senior secured bond rating to B1 from Ba3, due to the telco’s weak operating performance in the first half of the fiscal year, as evidenced by the continued contraction in... Read More

Srikapardhi November 30th, 2016 6:18 PM 25 COMMENTS

Demonetization: Idea Cellular is the most vulnerable telecom operator

Idea Cellular is the most vulnerable telecom operator to demonetization due to its greater exposure to rural markets where the impact of the ban on old Rs 500 and Rs 1,000 currency notes is higher, according to a report published in the Economic Times. The report, citing Bank of America-Merrill Lynch analysis, said that around 54% of the Aditya Birla group company’s revenues flow in from ‘Category B & C’... Read More

Ria Lakshman November 30th, 2016 1:01 PM 7 COMMENTS

Worldwide 4G smartphone shipment surpasses 1 billion mark in 2016: IDC

The year 2016 is coming to a close and many research firms have started releasing the performance data of smartphone market for the year. The latest firm to release the stats is the International Data Corporation (IDC) that says that the 4G smartphone shipment will surpass one billion mark this year. According to IDC, the worldwide smartphone shipments will reach 1.45 billion in 2016, among which 1.17 billion will be... Read More

Ria Lakshman November 29th, 2016 2:29 PM 4 COMMENTS

Indus Towers launches nationwide “Aesthetic Sites” initiative deploying green towers

India’s largest telecom tower company Indus Towers has announced an initiative of launching “Aesthetic Sites”. As the name indicates, this caters to the requirements of smart cities with beautiful landscapes. The company also promises environmental considerations while deploying sites. Commenting on the nationwide initiative, Mr. Bimal Dayal, CEO, Indus Towers, said, “With our focus on innovation that enables transformation and belief in Design Thinking approach, where we develop a solution... Read More

Srikapardhi November 29th, 2016 7:52 AM 106 COMMENTS

Is Jio’s entry urging its rivals to focus more on combo plans?

With the advent of Reliance Jio, things in the Indian telecom sector have quickly changed. To much fanfare in the country, Jio is offering free services to everyone signing up till December 3. When Mukesh Ambani took center stage and announced that Jio would be the first network in India to provide free lifetime voice calls, everyone was taken by surprise. However, there’s a catch with these voice calls as... Read More

Srikapardhi November 28th, 2016 9:23 PM 51 COMMENTS

Reliance Jio now has over 50 million users in India, says report

Reliance Jio Infocomm, the 4G entrant, has reportedly crossed 50 million subscriber mark, and is continuously growing its base to quickly touch the 100 million user bark before the fiscal year end. According to the Economic Times, the Mukesh Ambani-led telecom operator has crossed 50 million mark on November 26, 2016, and has been adding an average 6 lakh customers per day, having launched commercial operations on September 5. The... Read More

Rudradeep Biswas November 28th, 2016 5:22 PM 66 COMMENTS

Update: Jio approaches CCI to file complaint against Airtel, Vodafone India and Idea Cellular: Report

Reliance Jio, the 4G telecom operator has approached the Competition Commission of India (CCI) to file a complaint against incumbent telecom operators Bharti Airtel, Vodafone India and Idea Cellular for abusing their dominance and cartelization. A report by Bloomberg Quint on Monday said that Jio filed the complaint on the basis of a letter written by the regulator, the Telecom Regulatory Authority of India (TRAI) to the Department of Telecom... Read More

Ria Lakshman November 28th, 2016 3:00 PM 6 COMMENTS

Huawei Defeats Samsung To Become The Most Profitable Android Smartphone Brand

Huawei has reportedly overthrown Samsung in the smartphone sales this year, according to a new report. With this, it becomes the world’s most profitable smartphone brand. Samsung, which owned this position earlier, had a considerable loss after the company’s latest flagship Galaxy Note 7 failed in the market (It recalled the model entirely from the market after the explosion fiasco). Huawei shipped an impressive 100 million smartphones by October 2016.... Read More

Rudradeep Biswas November 28th, 2016 7:01 AM 16 COMMENTS

BSNL Goes Digital, Hard Copies of Documents No Longer Required for New Connections : Report

BSNL (Mysuru), in favour of the digital authentication process, has ditched the conventional way of getting a new mobile connection. Instead of verifying the hard copies of documents (address proofs or ID proofs), the telco will now make use of biometric data (computer image processing or digital fingerprint analysis) and Aadhaar number to do the same to provide its potential customers with new connections. KL Jairam, District General Manager, BSNL... Read More

Srikapardhi November 27th, 2016 6:52 AM 111 COMMENTS

Here’s How Reliance Jio is Going to Change the Tv Viewing Experience for Users in India

After creating a major stir in the Indian telecom sector, Reliance Jio is now aiming to launch DTH service in India. The highlight of using a Jio 4G SIM card is that every user can enjoy free services including unlimited 4G data, calls, and message till December 31. Reliance Jio Infocomm, who has Pan-India license and spectrum for 4G wireless services is eyeing to launch and Android-powered STB (Set Top... Read More