Vodafone Idea Limited (Vi) has announced its financial results for the quarter ended (QE) March 31, 2023. The operator has posted a revenue of Rs 105.3 billion during the quarter. On a year-on-year (YoY) basis, revenue grew by...
Read MoreThe board of Sterlite Technologies Limited (STL) has approved raising funds of up to Rs 10 billion. As per a regulatory filing, the board has approved the fundraising by the issue of equity shares, any financial instruments...
Read MoreSTL has announced its financial results for the year ended March 31, 2023. The company reported record revenues of Rs 69.25 billion, growing 27 per cent over the previous year along with 29 per cent and 51 per cent growth in...
Read MoreBharti Airtel has announced its audited consolidated financial results for the fourth quarter ended March 31, 2023. The consolidated revenues for the reported quarter stood at Rs 360.09 billion – up 14.3 per cent year-on-year...
Read MorePolycab India Limited has announced its consolidated financial results for the fourth quarter (Q4) and year ended March 31, 2023. The company reported a 31.68 per cent growth in consolidated profit after tax (PAT) during the...
Read MoreAmdocs has announced that it has entered into a definitive agreement to acquire the service assurance business of TEOCO. The acquisition will enable Amdocs to provide service providers with a unique end-to-end service...
Read MoreAirtel Africa has released its financial results for the quarter ended (QE) March 2023. Revenue in constant currency grew by 17.6 per cent, with revenues growing by 11.5 per cent to $5.255 billion in reported currency. While...
Read MoreThe UK’s Competition & Markets Authority (CMA) has granted unconditional approval to the proposed acquisition of Inmarsat by Viasat. CMA announced the conclusion of its Phase II review, which confirmed its provisional...
Read MoreAviat Networks has announced that it has entered into a definitive agreement with NEC Corporation for the sale of its wireless transport business to Aviat in an asset purchase transaction valued at $70 million in cash and...
Read MoreHFCL Limited has announced its audited financial results for the fourth quarter and full year ended March 31, 2023. The consolidated revenue for the reported year stood at Rs 47.43 billion, up 0.34 per cent from Rs 47.27 billion...
Read MoreAccording to industry sources, the Indian telecom industry’s revenues have surpassed a record Rs 3 trillion in the fiscal year 2023 (FY23). Gross revenues during the year stood at Rs 3.1 trillion, significantly higher than Rs...
Read MoreThe Competition Commission of India (CCI) has approved the acquisition of 100 per cent shareholding of Tower Vision India Private Limited by Ascend Telecom Infrastructure Private Limited and GIP EM Ascend 2 Pte. Limited. Ascend...
Read MoreAt its earnings call for the quarter ended March 2023, Indus Towers Limited has stated that Vodafone Idea Limited (Vi) has started clearing 90-100 per cent of its current dues owed to the towerco. Further, Indus Towers is...
Read MoreThe Department of Telecommunications (DoT) has requested Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) to identify core and non-core assets with value up to Rs 100 million for monetisation. The...
Read MoreIndus Towers Limited has announced its audited consolidated results for the quarter and full year ended March 31, 2023. The consolidated revenue for the quarter declined by five per cent on a year-on-year (Y-o-Y) basis from Rs...
Read MoreTejas Networks has reported its financial results for the fourth quarter ended March 31, 2023. For Q4-FY23, consolidated net revenue was Rs 2.99 billion, which was a year-on-year (YoY) increase of 136.6 per cent, resulting in a...
Read MoreReliance Jio Infocomm Limited has released its unaudited standalone and consolidated financial results for the quarter ended (QE) and year ended March 31, 2023. The company reported a net profit of Rs 47.16 billion during the...
Read MoreNokia Corporation has released its financial results for the first quarter (Q1) of 2023. The company’s net sales grew by 9 per cent year-on-year (YoY) in constant currency, while enterprise net sales grew 62 per cent YoY. ...
Read MoreTata Communications has announced its financial results for the quarter and full year ended March 31, 2023. The consolidated revenue for FY23 stood at Rs 178.38 billion ($2.22 billion) and at Rs 45.69 billion ($555.2 million)...
Read MoreEricsson has announced financial results for the first quarter of 2023. The group organic sales for the company were unchanged year-on-year (YoY). Segment networks organic sales declined by 2 per cent, driven by lower operator...
Read MoreThe Competition Commission of India (CCI) has cleared the stake acquisition in VVDN Technologies by India Business Excellence Fund IV (IBEF-IV). The deal has been cleared under the green channel route. According to CCI, the...
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