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, … Read More
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 … Read More
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, … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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 … Read More
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