Technology News

Tanay Singh Thakur

MTNL Defaults on Rs 422 Crore Loan Towards Banks

MTNL Defaults on Rs 422 Crore Loan Towards Banks

Mahanagar Telephone Nigam Limited (MTNL), a state-run telecom company, has defaulted on the payment of a Rs 422 crore loan towards several banks. The company announced this in a regulatory filing on Monday. The Rs 422 crore contains Rs 328.75 crore as instalment on a principal amount and the remaining … Read More

Tanay Singh Thakur

Vodafone Idea Postpaid Plan for 2 Users

Vodafone Idea Postpaid Plan for 2 Users

Vodafone Idea Limited (VIL) has a postpaid plan that is meant for 2 users. It is a family plan, of course, and comes under the branding ‘Vi Max Family’. This plan costs 701. It is a decent family postpaid plan in our opinion because it bundles plenty of data and … Read More

Srikapardhi

Liberty Latin America and Millicom to Merge Costa Rican Operations

Liberty Latin America and Millicom to Merge Costa Rican Operations

Liberty Latin America and Millicom International Cellular will merge their Costa Rican operations. Liberty Latin America announced on Thursday that Liberty Costa Rica will merge with Millicom International Cellular’s Tigo Costa Rica via an all-stock deal focused on boosting investment in fiber networks to deliver enhanced services in the country. … Read More

Srikapardhi

Millicom and Telefonica Explore Merger in Colombia

Millicom and Telefonica Explore Merger in Colombia

Millicom (Tigo) and Telefonica have announced a non-binding memorandum of understanding to potentially merge Telefonica Colombia (Coltel) with TigoUne, reducing the number of telecom operators in the country from four to three. Millicom plans to acquire Telefonica’s stake in Coltel for approximately USD 400 million in cash and is also looking … Read More

Srikapardhi

Digi Communications to Acquire Nowo for EUR 150 Million

Digi Communications to Acquire Nowo for EUR 150 Million

Romanian telecom operator Digi has reached an agreement to purchase Portuguese operator Nowo for EUR 150 million. Digi Communications’ Portugal subsidiary, Digi Portugal, has entered into a share purchase agreement with Lorca Jvco Limited to acquire 100 percent of Cabonitel, which owns Nowo Communications. This acquisition follows Vodafone Portugal’s bid … Read More

Tanay Singh Thakur

Bharti Hexacom Net Profit Jumps 101.9% YoY in Q1 FY25

Bharti Hexacom Net Profit Jumps 101.9% YoY in Q1 FY25

Bharti Hexacom, an Airtel-owned company posted a net profit of 101.9% YoY in Q1 FY25 (April – June 2024). The company registered quarterly revenues of Rs 1,911 crore, up 13.6% YoY and 2.3% QoQ. The EBITDA (earnings before interest, taxes, depreciation and amortisation) stood at Rs 912 crore. The net … Read More

Tanay Singh Thakur

Indian Telecom Operators Not Happy with New Stringent QoS Norms

Indian Telecom Operators Not Happy with New Stringent QoS Norms

The Indian telecom operators, including Bharti Airtel, Vodafone Idea, and Reliance Jio are represented by an industry body namely the Cellular Operators Association of India (COAI). The body has expressed its concerns over the new stringent QoS (Quality of Services) norms introduced by the Telecom Regulatory Authority of India (TRAI). … Read More

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