Anil Ambani-led Reliance Communications (RCom) reported a net loss of Rs 531 crore in the third quarter, while its revenue declined 4.3% at Rs 4,922 crore in the quarter, against Rs 5,142 crore in Q2. The telco said that it posted net loss on account of an unprecedented competitive intensity, … Read More
The proposed merger of Vodafone and Idea Cellular will create a telco with 35% network capacity share in the country, surpassing Reliance Jio, which would have 31% network capacity share, according to Credit Suisse. It however added that the Mukesh Ambani-led telco would continue to lead in capacity share of … Read More
Dual technology telecom service provider Tata Teleservices is in discussions to sell its entire stake in Viom Networks, a telecom tower company, to American Tower Corporation (ATC) for about Rs 4,000 crore, according to a PTI report. The latest development follows a divestment of majority of Tata Teleservices’ stake in … Read More
The PoI war continues to gain pace as the operators, Bharti Airtel and Reliance Jio, blaming each other for call failures.Yesterday, Bharti Airtel reinforced its claim that it has provided enough number of points-of-interconnect (PoIs) to Reliance Jio, reports Times of India. According to Airtel, it has given PoIs to … Read More
Ever since the rumors came out regarding Jio’s Set Top Box to be launched in India with FTTH service, other telecom operators started to work on something different. And today, we have an exclusive information regarding an upcoming service from India’s leading telecom network, Airtel. According to our sources, Airtel … Read More
In the latest development, the Chairman of Telecom Regulatory Authority of India (TRAI) R. S. Sharma said that the points-of-interconnect (PoI) issue, surfacing between Reliance Jio and incumbent operators, is a “consumer issue” and the regulator will continue to monitor it. “We have been deliberating on this issue…It is not … Read More
Idea Cellular, India’s third largest telecom operator informed the stock exchanges that it plans to raise Rs 1,000 crore through issuance of non-convertible debentures on private placement basis. In a BSE filing, Idea Cellular said, “It plans to raise Rs 1,000 crore through issuance of non-convertible debentures on private placement … Read More
The Telecom Commission, the highest decision-making body of the telecom department, has reportedly questioned the The Telecom Regulatory Authority of India’s methodology and basis for recommending penalties of Rs 3,050 crore on Bharti Airtel, Idea Cellular and Vodafone. The Commission has also asked the telecom department to seek further clarifications … Read More
Bharti Airtel on Tuesday said that it had provided a total of over 35,000 Points of Interconnect (PoIs) to Reliance Jio in “record time of just five months.” It claimed that 79% of the total PoIs or 27, 719 PoIs – have been dedicated to incoming calls from Jio customers, … Read More
Bharti Airtel, India’s leading telecom network today lodged a complaint against a person in Gurgaon police station saying as the person is allegedly claiming that the telecom network is running a ‘malicious’ campaign, which in return is benefitting another incumbent operator in the country. In the same complaint, Airtel said … Read More
Bharti Airtel, India’s leading telco by users has reportedly complaint the Competition Commission of India (CCI) against Reliance Jio. According to various media reports Airtel, in its counter complaint, accused the Mukesh Ambani-led telecom operator of “creating a monopoly for itself” through predatory pricing with intention to kill competition. Airtel, … Read More
As a token of gratitude to mark the two million home broadband subscriber milestone, Bharti Airtel has introduced ‘Airtel Surprises’ for its home broadband users. The surprises comprise of free additional data and free access to Airtel Movies. “We are happy to cross this milestone of two million customers, further … Read More
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