According to a recent report by ICICI Securities, Bharti Airtel and Vodafone Idea are expected to lose 2 million and 10 million subscribers, respectively, in the first quarter of 2021. This loss in subscriber is being caused by...
Read MoreAccording to the Department of Economic Affairs (DEA), Bharat Sanchar Nigam Limited (BSNL) and Mahanagar Telephone Nigam Limited (MTNL) will be receiving a combined sovereign guarantee worth Rs 150 billion, following the revival...
Read MoreTelecom operators have requested Telecom Regulatory Authority of India (TRAI) to apply the incremental spectrum usage charge (SUC) of 0.5 per cent only to the shared portion of the airwave for now rather than the entire spectrum...
Read MoreThe Department of Investment and Public Asset Management (DIPAM) has appointed four consultants including CBRE, JLL and Knight Frank, to gauge the market appetite and arrive at a process that could be adopted for BSNL’s and...
Read MoreBharat Sanchar Nigam Limited (BSNL) has issued a request for proposal (RfP) for implementing grid-connected rooftop solar projects at its buildings in different parts of Maharashtra under the renewable energy service company...
Read MoreReliance Industries’ video conferencing app JioMeet has added additional security features to prevent hacking attacks. The new safety feature will give the conference host to disallow guests from joining a meeting without...
Read MoreThe Bombay High Court has directed the Income Tax (IT) department to refund over Rs 8.33 billion to Vodafone Idea Limited (VIL) for assessment year 2014-15 within two weeks. The telco had sought Rs 10.09 billion as per a tax...
Read MoreBharti Airtel is reportedly planning to launch its own unified video conferencing service. The telco will initially offer the product to startups and enterprises and will roll out the platform for regular customers after...
Read MoreReliance Industries Limited (RIL) and Jio Platforms has announced that Intel Capital will invest Rs 18.94 billion in Jio Platforms at an equity value of Rs 4.91 trillion and an enterprise value of Rs 5.16 trillion. Intel...
Read MoreReliance Jio has officially launched its JioMeet video conferencing service. The HD video conferencing app is now available as a free mobile application on Android and iOS, and as a standalone desktop website accessible on both...
Read MoreThe South Delhi district administration has requested Reliance Jio to augment data connectivity at the 10,000-bed Sardar Patel COVID care centre in Radha Soami Satsang Beas campus in Chattarpur, New Delhi. The centre is being...
Read MoreThe Department of Telecommunications (DoT) has cancelled BSNL’s 4G upgradation tender and will soon issue fresh specifications for the upgradation process. This development has come in the backdrop of the recent controversy...
Read MoreVodafone Idea net loss widened from Rs 48,819 million in the quarter ended (QE) March 2019 to Rs 116,435 million in QE March 2020. Further, the operator’s revenue declined from Rs 117,750 million during QE March 2019 to Rs...
Read MoreUS-based Carlyle Group has entered into an agreement to buy a 25 per cent stake in Bharti Airtel’s data center arm Nxtra Data Limited for $235 million. The acquisition, by an affiliate of Carlyle, will give Airtel’s Nxtra an...
Read MoreThe National Company Law Tribunal (NCLT) has reserved its order on the plea filed by the State Bank of India (SBI) against Anil Ambani to recover over Rs 12 billion under the personal guarantee clause of the bankruptcy law. A...
Read MoreThe National Company Law Tribunal (NCLT) has directed Bharti Airtel shareholders to hold a meeting to consider and approve the scheme of arrangement between Airtel, Bharti Airtel Services, Hughes Communications and HCIL Comtel....
Read MoreAs per industry sources, a Bharti Enterprises group company has submitted a bid for Softbank-backed OneWeb with backing from the UK government. The UK government plans to commit around $500 million to OneWeb alongside other...
Read MoreAs per the recent telecom subscription data released by TRAI, Reliance Jio and Airtel added 6.2 million and 900,000 subscribers, respectively, in February 2020. At the end of February, Reliance Jio had over 382.8 million...
Read MoreAirtel Payments Bank has announced that its revenues have increased by 87 per cent to Rs 4.74 billion during FY20. This has been primarily driven by a surge in digital payments, money transfer and offtake of new services. As far...
Read MoreThe Telecom Regulatory Authority of India (TRAI) has released a list of registered telemarketers and their short message service (SMS) codes used for unsolicited commercial communication (UCC) to subscribers. With the help of...
Read MoreThe Competition Commission of India (CCI) has approved Facebook’s deal to buy a 9.99 per cent stake in Jio Platforms through its subsidiary Jaadhu Holdings LLC. Earlier, Facebook had floated a new entity named Jaadhu Holdings...
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