Vodafone India, which is in talks with Idea Cellular for a potential merger, has reportedly given a big 4G deployment contract worth Rs 2,040 crore to Ericsson as the telco looks to speed up the network expansion to counter bigger rival Bharti Airtel and Reliance Jio. According to an ET … Read More
In the calendar year, 2016 (CY 2016), Lenovo Mobile Group (comprising of Lenovo and Moto smartphones) has emerged as the #2 smartphone brand concerning volume and value, according to International Data Corporation (IDC) India Q4 2016 Smartphone Market Report. While Lenovo captured 8.9% market share in terms of volume, it … Read More
Airtel Payments Bank has helped 200 villages in India to go digital, according to a release by Airtel. These 200 villages now get access to basic banking services and options to do digital transactions, making them less reliant on cash. Airtel will continue to expand its Payment Bank services to … Read More
Vodafone has launched Vodafone Sakhi, a product to empower the women in rural areas. Using Vodafone Sakhi, women can do private recharge using an OTP code, without sharing the mobile number. The OTP can be used for all recharges done over a 24-hour period. Also, it comes with emergency calling … Read More
Reliance Communication’s (RCom) merger with smaller GSM telco Aircel, and tower deal with Brookfield are likely to be completed by the middle of 2017, while the merger with Sistema Shyam Teleservices, which operates under MTS India, will be completed by March end this year, the telco said in analyst call … Read More
Idea Cellular, India’s third largest telecom operator deployed just over 9000 4G cell sites in the quarter, taking the overall 4G site count to 33,954 in the country. The telco’s 3G cell site count went up from the 60,467 in the second quarter to 66,661 in the third quarter, which … Read More
Nokia’s comeback is no more a speculation as the company has finally launched its first device – the Nokia 6 in China. The Finnish brand had been up on rumor charts for quite some time. Recently, reports sprung up talking about how Nokia is planning to launch six phones this … Read More
Idea Cellular, India’s third largest telecom operator by users has reported its first ever consolidated net loss since its listing in the December 2016 quarter. In the quarter, the telco posted a consolidated net loss of Rs 383.87 crore for the December 2016 quarter, against a net profit of Rs … Read More
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
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