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Ria Lakshman October 16th, 2016 12:35 PM 97 COMMENTS

Airtel is the fastest, Jio has the widest coverage: Twin Prime Report

A leading player in mobile app acceleration Twin Prime has released the “State of Mobile Performance report”, providing a detailed analysis on the current state of mobile performance in the U.S., Europe, and India. According to the report, Airtel is found to be the fastest carrier in India. Reliance Jio, on the other hand, is ranked high for its consistency. The report has looked into various parameters to rank the... Read More

Srikapardhi October 14th, 2016 3:34 PM 20 COMMENTS

RCom inks deal with Brookfield to sell nationwide tower assets

Reliance Communications (RCOM) Friday inked a non-binding Term Sheet with Brookfield Infrastructure Group to sell its nationwide tower assets and related infrastructure. As per the agreement, the telco will receive an upfront cash payment of Rs 11,000 crore from the proposed transaction, involving 45,000 mobile towers. RCom said that it intends to utilize the proceeds of the proposed transaction solely to reduce its debt. RCom will also enjoy 49% future... Read More

Ria Lakshman October 13th, 2016 4:36 PM 38 COMMENTS

Airtel introduces India’s first ‘V-Fiber’ technology for fixed broadband to offer speeds up to 100 Mbps

Bharti Airtel has introduced ‘V-Fiber’ for its fixed broadband, a technology capable of delivering speeds of up to 100 Mbps. Airtel is the first operator in India to deploy Vectorization. “‘V-Fiber’ will transform the home broadband for Airtel customers with consistently super fast data speeds and enable HD video streaming, heavy file downloads, and uploads in a multi-device environment (over Wi-Fi),” said a release from the company. To experience the... Read More

Srikapardhi October 13th, 2016 6:03 AM 8 COMMENTS

Airtel’s debt levels to go up by $2 billion due to spectrum spends

India’s leading telco Bharti Airtel will see its debt levels increasing by around $2 billion due to its spectrum wins in the recently concluded auctions, ratings firm Moody's said. The telco has acquired 173.8 Mhz spectrum across three spectrum bands that include 1800 MHz, 2100 MHz and 2300 MHz for a total of Rs 14, 244 crore, in the spectrum sale by the government. It has spent Rs 35.8 billion ($500... Read More

Rudradeep Biswas October 12th, 2016 10:54 PM 17 COMMENTS

BSNL to invest Rs 2500-cr to install new sites, WiFi hotspots & fiber by March

In a bid to keep up with the competition, Government-owned telecom operator Bharat Sanchar Nigam Limited (BSNL) will invest Rs 2,500 crore between October and March to expand mobile network, install Wi-Fi hotspots besides bolstering core network. The ailing telecom operator has already invested Rs 1,500 crore during the first half of the fiscal in these projects in the country. Besides this Rs 4,000 crore investment for the full fiscal-year, the... Read More

Rudradeep Biswas October 12th, 2016 6:27 PM 5 COMMENTS

Vodafone India may sell its Rs 1200-cr worth data center to reduce debts

Vodafone India may sell its data center, built at a cost of Rs 1,200 crore, in Navi Mumbai, to further reduce its debt, even as the British parent of the company converted already converted debt worth Rs 47,700 crore to lighten the balance sheet, Economic Times reported. Vodafone Group has decided that its Indian subsidiary would divest all non-core assets, including the data centre, the report said, adding that “two... Read More

Imon October 12th, 2016 10:11 AM 1 COMMENTS

BSNL lost the most wireline subscribers in July 2016- TRAI

According to data released by TRAI about telecom subscriber base in India at the end of July 2016, Wireline subscriber base declined from 24.74 million at the end of June 16 to 24.62 million at the end of July 16. Net reduction in the wireline subscriber base was 0.13 million at the monthly decline rate of 0.51%. The share of urban and rural subscribers in total wireline subscribers were 83.74%... Read More

Rudradeep Biswas October 10th, 2016 9:30 AM 19 COMMENTS

BSNL goes bullish on data play, plans to ramp up mobile broadband capacity by 600 terabyte

State-run telecom operator Bharat Sanchar Nigam Limited (BSNL) will increase its mobile broadband capacity by up to two-fold to 600 terabytes in a month in a bid to stay relevant in the country and to better compete with private players that are already offering 4G services. The telecom operator said that it sees enormous increase in usage of mobile data on its network. The surge in demand for mobile data... Read More

Rudradeep Biswas October 9th, 2016 7:21 PM 50 COMMENTS

Idea Cellular to begin 4G deployment in new circles soon

Idea Cellular, the country’s third largest telecom operator by users, said that it will spend Rs 1000 crore more on network capital expenditure to maximize the spectrum and to capatalise on 4G opportunity in the market. “Our priority is to maximize the spectrum we have just bought and what we bought in 2015…this year we had said we will spend Rs 7,000 crore but we will now be increasing it... Read More

Srikapardhi October 9th, 2016 12:08 AM 1 COMMENTS

Airtel, Vodafone, Idea to invest 25% more in network capex over 2 years

Bharti Airtel, Vodafone India and Idea Cellular, which are already facing pressure due to the entry of Reliance Jio, may spend around Rs 80,000 crore in network capital expenditure (Capex) over the next 2 years, which is 25% higher than the aggregate network capex in the previous two fiscals, CRISIL Research said. “This has come at a time when profitability and operational cash flows are expected to come under pressure... Read More

Tarun P K October 8th, 2016 4:03 PM 23 COMMENTS

Fresh auction with reduced price for 700 MHz cannot be ruled out: ICRA

Credit ratings agency ICRA expects a fresh auction with reduced price for 700 MHz, following the industry feedback in form of non-participation in the 700 MHz band and the quantum of spectrum remaining unsold. Although 700 MHz band has higher efficiency for data services, it was expensively priced and the ecosystem around the band is not fully developed, which resulted in no participation in this band, the agency said. The agency... Read More

Rudradeep Biswas October 8th, 2016 11:56 AM 25 COMMENTS

RCom gets another nod for MTS acquisition, may close deal in November

Reliance Communications (RCom) said that it has received a nod from the Bombay High Court for the acquisition of Russian conglomerate Sistema's Indian telecom unit, Sistema Shyam Teleservices Ltd (SSTL). Following this nod, RCom will now approach the telecom department for the final approval for the acquisition. Media reports said that the acquisition is expected to be closed by November 2016. “We wish to inform you that Hon’ble High Court... Read More