Mukesh Ambani-led Reliance Jio emerged as the leading telco in the wireless broadband space with maximum subscribers in the month of November 2016, pipping market leaders Bharti Airtel, Vodafone and Idea Cellular that already offers 4G services in India, the Telecom Regulatory Authority of India’s data revealed. The 4G entrant … Read More
Vodafone Group chief executive officer Vittorio Colao clarified that the planned merger with Idea Cellular would not result in an exit from India for the UK-based telecom major. The top executive, during an call after the third quarter results, said the proposed merger is about “creating a stronger asset, create … Read More
Vodafone India’s revenue went down 4.7% at Rs 10,556 crore during October-December 2016 period from Rs 11,077.63 crore in the same period a year ago, mainly impacted by Reliance Jio’s free services and demonetisation, which led to shortage of currency in India. The telco’s voice revenue also declined 3% in … Read More
Mukesh Ambani-led Reliance Jio has managed to acquire 94% mobile data traffic share in India, driven by its free data services since its commercial launch in September last year, and it also has the maximum network coverage in 80% of cities, a Credit Suisse note said. Jio’s 4G speed trails … Read More
HMD Global, as you may already know, is all set to pull the wraps off of a bunch of phones under the Nokia brand at MWC 2017 event held in Barcelona later this month. Among the lot, Nokia P1 is believed to be the flagship phone with “game-changing” specs. While, … Read More
The Indian government has cut revenue expectation from the telecom sector by 55% to Rs 44,342.2 crore for 2017-18. The revenue estimates however doesn’t include any estimated proceeds from sale of any bandwidth, indicating no sale of spectrum next fiscal. The current revenue expectation of revenue from communications at Rs … Read More
The combined entity of Vodafone India and Idea Cellular will have a more balanced subscriber mix, as the current second largest telco is strong in urban areas whereas the Aditya Birla Group telco focuses more on the rural mass market, ratings agency Fitch said in a note on Wednesday. The … Read More
The Telecom Regulatory Authority of India (Trai) has reportedly taken a decision on top telcos like Bharti Airtel, Vodafone India and Idea Cellular’s representations against the free offers of Reliance Jio. The regulator on Wednesday informed the Delhi High Court that it will communicate its decision to these telcos on … Read More
Aditya Birla Group-owned Grasim Industries, which owns 4.75 per cent share in Idea Cellular, has denied the rumor that it would be making a large investment into the telecom operator as part of the latter’s planned merger with Vodafone Group’s India unit. In a statement to BSE, the company said, … Read More
The Indian government will allocate Rs 10,000 crore for the expansion of BharatNet project in fiscal year 2017-18 to provide high speed broadband connectivity in more than 1,50,000 gram panchayats through wifi hot spots and access to digital services at low tariffs, Finance Minister Arun Jaitley on Wednesday said while … Read More
Oppo, the Chinese smartphone vendor, has been focusing on selfie-centric smartphones for quite some time. As yet another addition to the lineup – Oppo has launched the Oppo A57 smartphone. The main feature of the Oppo A57 that is highly touted by the company is its 16MP front-facing camera. To … Read More
India’s top telco Bharti Airtel’s managing director and CEO Gopal Vittal welcomed the proposed alliance between Vodafone India and Idea Cellular, which are the country’s second and third largest telcos. “We welcome the news of the proposed alliance between Vodafone and Idea Cellular. Consolidation is always good, especially for any … Read More
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