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
In the recently concluded auction Vodafone India has managed to acquire a total of 365.2 MHz of spectrum including of 2 x 82.6 MHz FDD and 200 MHz TDD spectrum across 1800/2100/2500 MHz bands. The new spectrum significantly enhances the coverage, capacity and speed of Vodafone India’s 4G data services in its … Read More
In an interesting turn of events, the Reserve Bank of India has approached the Delhi High Court on Wednesday seeking to be heard independently in Tata Sons vs NTT Docomo case, where the latter has sought implementation of a $1.2-billion arbitral award that it had won against the Tata Group. … Read More
To give a push to the “Make in India” initiative by the Indian government; One of the largest chipset makers – MediaTek is working on a new program. It has collaborated with the Ministry of Electronics and Information Technology (MeitY), India, Indian Cellular Association (ICA) and the Ministry of Economic … Read More
Reliance Jio the new entrant in the telecom space has announced its acquisition of a fresh 269.2 MHz of airwaves across the 850/1800/2300 MHz bands and has perhaps emerged to be the only operator which managed to bag some spectrum in either of the bands in all 22 circles in … Read More
Bharti Airtel the largest operator by subscriber base has managed to add a total of 173.8 MHz to its overall spectrum holding at a cost of Rs. 14,244 crore. With this purchase, Airtel now becomes the first operator to possess Pan India 2G/3G/4G spectrum. Through strategic buying, in the latest … Read More
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