Vodafone India, in what might be considered as a huge move has given a whopping Rs. 3,650 crores deal to Finnish company, Nokia to deploy 4G network is some circles of India. According to an Economic Times report, a person familiar with the matter said that Nokia would deploy the … Read More
Reliance Communication’s sale telecom tower assets and the merger of its core wireless operations with Aircel Limited (unrated) in a new joint venture are expected to take another 6-9 months to close, according to ratings agency Moody’s. Moody’s Investors Service has also downgraded Reliance Communications Limited’s (RCOM) corporate family rating … Read More
Idea Cellular is all set to foray into the digital services space by launching a slew of application across segment such as movies, TV, music, games and others on December 30. With this move, the company is transforming itself into a full-fledged digital solutions company, which will be called, “Digital … Read More
Indian handset makers for the very first time have been pushed out of the top five smartphone player rankings in the fourth quarter, mainly due to demonetization, according research agencies like IDC, Counterpoint and Canalys. Indian vendors like Micromax, Lava and Karbonn were hit the most due to demonetisation, with … Read More
Bharti Airtel, in an investor call post the announcement of quarterly results, said that free offers by telcos would hit all stakeholders, including lenders, and government revenue in the short to medium term with debt exposure of over Rs 400,000 crore to the industry. The country’s leading telecom operator also … Read More
India’s leading telecom operator, Bharti Airtel, said that it will launch voice over LTE (VoLTE) technology in key markets in the next 12-18 months. The move will be aimed at countering Reliance Jio, which is currently the only telco that is offering VoLTE-based calling service in India to its over … Read More
Idea Cellular, the country’s third largest telecom operator, has now approached the Delhi High Court against the Telecom Regulatory Authority of India’s recommendation to impose Rs 950 crore penalty on it for not providing adequate interconnection to 4G entrant Reliance Jio. Idea Cellular, in its plea, claimed that it has … Read More
India has been one of the central markets for smartphone makers, but according to a report by International Data Corporation (IDC), the growth is falling short. To be specific, the smartphone sales in the 50 major cities of India dropped by 30.5 percent from October 2016 to November 2016 (month … Read More
Idea Cellular on Tuesday informed the stock exchanges that it is planning to raise Rs 2,000 crore from the market by selling corporate bonds or issuance of unsecured Redeemable Non-Convertible Debentures (“NCDs”). The telco had earlier raised a total of Rs 3,000 crore through the same route. Earlier this month, … Read More
Bharat Sanchar Nigam Limited (BSNL) may reportedly get the coveted 700 MHz band spectrum from government through equity route, allowing the state-run telecom operators to offer 4G services in a market where high-speed services are already being offered at nationwide level. BSNL is planning to launch its 4G services by … Read More
With every passing day, Indian telecom sector is undergoing some massive changes. These days, we are witnessing some new offer coming out every day to attract customers. Now, we are about to see another change from two of the India’s top telecom operators. As per sources this is done just … Read More
India’s largest telecom network, Airtel with over 263 million subscribers under their belt has posted a massive 65 percent downturn in their December profits standing at Rs. 504 crores when compared to Rs. 1117 crores at the same time last year. The telecom network also reportedly faced notable loss in … Read More
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