October 31st, 2017 9:13 PM 0 COMMENTS

Bharti Infratel Net Profit Down 17%, Revenue Up 11% in Q2

Telecom towers firm Bharti Infratel reported 17% year-on-year decline in its net profit at Rs. 638 crores in the fiscal second quarter, even as its revenue grew 11% to Rs 3,648 crore during the same period. The company's net finance income declined to Rs 10.9 crore, from Rs 247.2 crore a year earlier. The company's consolidated EBITDA improved to Rs. 1,634 crore, up 12% on a yearly basis, representing an... Read More

October 31st, 2017 7:35 PM 10 COMMENTS

Here’s a Glimpse at The World’s First 5G Smartphone from Qualcomm

The upcoming standard of mobile communication, 5G, is the next generation in revolutionizing how we interact with technology and Qualcomm is one of the many companies to have been actively working on developing the 5G technology. Now, seems like the company has gained major leeway in this department as an image of the world’s first 5G phone surfaces on the internet. A user named Sherif Hanna, who incidentally is also... Read More

October 31st, 2017 7:02 PM 0 COMMENTS

Oppo F5 With 18:9 Display Will Be Exclusively Available on Flipkart

With the launch of the Oppo F5 just around the corner, the phone has been teased by Flipkart today, confirming that the F5 will be Flipkart exclusive. The company has already sent out media invites for a curtain-raiser event scheduled to take place in Mumbai on November 2. Oppo India has been constantly dishing out tiny tidbits of features one at a time in the past few days via its... Read More

October 31st, 2017 6:27 PM 54 COMMENTS

RCom Completes MTS India Merger Transaction, to Acquire 30Mhz Spectrum in 800 850 MHz Band

Anil Ambani-led Reliance Communications on Tuesday said that it has completed the Sistema Shyam Teleservices (SSTL) merger, having received all important approvals, including the final approval from the telecom department. RCom said that its Board of directors on Tuesday took on record the demerger of Sistema Shyam Teleservices Ltd’s telecom business in India, run under the brand name MTS, with the company. The Board also approved the issuance of shares... Read More

October 31st, 2017 5:18 PM 9 COMMENTS

Bharti Airtel Q2 ARPU Declines 23%, Data Usage per User Up 308% at 4GB

Bharti Airtel's average revenue per unit (ARPU) declined 23% to reach Rs 145 in the second quarter from Rs 188 in a year-earlier quarter. The company, however, revealed that its mobile broadband customer base increased 33.6% year-on-year to reach 55.21 million in the quarter. Airtel's overall data customer base increased 5% year-on-year to reach 65.7 million. Its overall subscriber base in India marginally increased by 0.5% in the second quarter... Read More

October 31st, 2017 5:05 PM 3 COMMENTS

First Real Life Images of Xiaomi Redmi 5 Plus Leaked; To Launch Before November 11

November 11, known as the Double 11 (11.11) in China is a big day for e-commerce and several smartphone manufacturers have been quietly working on their new devices to introduce ahead of the deal day. Xiaomi seems to be leading this race by paving the way for three of its brand new models scheduled for 11.11, believing that a timely launch would see it reach the 100 million milestone in... Read More

October 31st, 2017 3:44 PM 3 COMMENTS

Bharti Telecom to Acquire 4.62% Stake in Airtel

Bharti Telecom Limited, the holding company of Bharti Airtel Limited, is set to acquire as much as 4.62% in India’s largest telecom operator, the company told the National Stock Exchange on Monday. Bharti Telecom said that the price of the acquisition will not be higher by more than 25% of the price computed in point 6 (which is Rs. 417.35 a unit). Bharti Telecom will acquire 184,710,183 equity shares of... Read More

October 31st, 2017 1:02 PM 12 COMMENTS

HMD Global Announces Nokia 2 With Snapdragon 212 SoC, 5-inch HD Display at €99

HMD Global, the new home of Nokia mobiles today held a global launch in New Delhi, India. At the event, the company has announced the entry-level Nokia 2 smartphone which comes in three colour options- Copper Black, Period Black, and Period White. Like the flagship smartphone Nokia 8, the Nokia 2 is also built out of single block of 6000 Series Aluminium, which makes the device look gorgeous. As spotted... Read More

October 31st, 2017 12:37 PM 16 COMMENTS

Xiaomi Sold 10 Million Smartphones Globally for The Second Consecutive Month

Xiaomi, the Chinese electronics manufacturer, has crossed another milestone. The company has claimed that it sold over 10 million units of smartphones in the month of October. Interestingly, this is not the first time Xiaomi got to celebrate the milestone. The company had shipped 10 million units in the month of September as well. Vice President and Managing Director at Xiaomi India, Mr. Manu Kumar Jain, has taken to Twitter... Read More

October 31st, 2017 11:20 AM 3 COMMENTS

OnePlus 5T New Render Reveals Top-Half of the Phone; Expected to Launch on November 16 as Amazon Exclusive

When OnePlus 5 was announced with a price tag of over Rs. 30,000, everyone expected that it won't replicate the success of its predecessors- the OnePlus 3 and 3T. Turns out to be, the OnePlus 5 is now the best phone in the Indian market-beating several other flagship phones hands down. And now, the Chinese company is rumoured the launch a successor to it (feels like already), but it has... Read More

October 31st, 2017 8:18 AM 33 COMMENTS

An Overview of BSNL Data-Centric Plans Available to Customers as of Date on a Pan-India Basis

Apart from the Micromax-BSNL partnership some days ago, we haven't seen a big announcement from BSNL this month. While there have been some big announcements in the BSNL broadband segment, there isn't a single major announcement for its mobile broadband users. The reason behind BSNL not launching a single tariff plan this month is that the operator already has competitive plans in the market. Here's an overview of BSNL data-centric... Read More

October 31st, 2017 7:15 AM 1 COMMENTS

Bharti Infratel Says to Explore Stake Acquisition in Indus Towers

Bharti Infratel Limited on Monday said that its board of directors on Monday has decided to explore and evaluate acquisition of the stake in one or more tranches in Indus Towers Limited. The company said it aims to make Indus a subsidiary or wholly owned subsidiary of Bharti Infratel Limited, which already owns 42% in Indus Towers. Vodafone India owns 42% stake in Indus, while Idea Cellular and Providence Equity... Read More

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