The British Columbia Investment (BCI) has acquired an additional 4.8 per cent stake in Brookfield’s tower infrastructure investment trust (InvIT) – Data Infrastructure Trust. The investment was made through a block...
Read MoreFranklin Templeton mutual fund (MF) has received Rs 13.98 billion from Vodafone Idea Limited (Vi) in repayment for its investment in debt instruments, which will be distributed among investors in the segregated portfolios. This...
Read MoreMahanagar Telephone Nagar Limited (MTNL) and Bharat Sanchar Nigam Limited (BSNL) have signed a memorandum of understanding (MoU) on August 31, 2023, paving the path for operational synergies between the two companies. The...
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Vodafone Idea Limited (Vi) has paid around 10 per cent of its statutory dues to the Department of...
Read MoreReliance Jio is raising up to $2 billion in offshore loans to fund the purchase of 5G network equipment from Ericsson. BNP Paribas is the lead arranger of the loan and will provide $1.9-2 billion over a nine-month period. The...
Read MoreAccording to a report by JM Financial, capital expenditure (capex) for Bharti Airtel and Reliance Jio is expected to decline, improving the two telcos’ free cash flows (FCF). Due to capex normalisation and regular pricing...
Read MoreThe Internet and Mobile Association of India (IAMAI) has said in a submission to the Telecom Regulatory Authority of India (TRAI) that any collaborative framework which may result in establishing a revenue-sharing mechanism...
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The Appointments Committee of the Cabinet (ACC) has approved the appointment of Neeraj Mittal as...
Read MoreRailTel has ported a consolidated income of 20.02 billion in the fiscal year (FY) 2022-23, a growth of 27 per cent year-on-year (YoY) from Rs 15.78 billion in FY22. During the fiscal year, RailTel’s operating revenue witnessed a...
Read MoreThe Department of Telecommunications (DoT) has tightened rules around verification requirements for customers seeking mobile numbers, and for point of sale (PoS) entities appointed by the telecom operators, in an effort to curb...
Read MoreThe government of Karnataka is planning to provide public Wi-Fi hotspots in at least 5,000 locations across the city. The city will have the highest penetration of public Wi-Fi hotspots in the country, once the plan comes to...
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