telecom
The Mukesh Ambani-led telecom operator added that its new plan are offering up to 25 per cent more value than that of rivals.
Average customer unlikely to pay for outgoing calls, says Reliance Jio
08 Dec 2019 4:41 PM

Reliance Jio is offering 1,000 minutes per month (28-day cycle) of free calling every month across all plans.

Anil Ambani along with four directors -- Ryna Karani, Chhaya Virani, Manjari Kacker and Suresh Rangachar -- had resigned from Reliance Communications (RCom) earlier this month. (Photo: File)
RCom lenders reject resignation of Anil Ambani, 4 other directors
24 Nov 2019 5:04 PM

Reliance Communications had posted a consolidated loss of Rs 30,142 crore for the September 2019 quarter.

A DoT official privy to the development said instructions have gone to the licencing wing to carefully examine the implication of the Supreme Court's recent ruling for all such companies. (Photo: Representational)
Telecom dept examines impact of SC order on adjusted gross revenue beyond telcos
07 Nov 2019 6:37 PM

Airtel, Vodafone Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore in three months.

With total liabilities estimated at Rs 1.4 lakh crore, Airtel and Vodafone-Idea, through the telecom sector association COAI, are seeking waiver of at least the penalty and interest on delayed payments, which constitute about half of the total dues, if a complete waiver of past liabilities is not possible.
Telco bailout will be contempt of SC; will set bad precedent: Jio to Prasad
03 Nov 2019 1:22 PM

Supreme Court in its October 24 order has clearly settled the base on which statutory levies have to be paid, said Reliance Jio.

The company stock rose 23.07 per cent to Rs 4.80 on the NSE.
Vodafone stock surges 23 pc as company denies exiting Indian market
01 Nov 2019 12:08 PM

BSE, NSE had sought clarification from Vodafone Idea over the rumours of the telecom operator exiting the Indian market.

Similarly, the stock declined 9.2 per cent to Rs 3.45 on the NSE.
Vodafone Idea plummets over 9 per cent to hit 52-week low
31 Oct 2019 11:27 AM

Shares of Vodafone Idea slumped 8.66 per cent to Rs 3.48 apiece - its 52-week low - on the BSE.

While older TSPs such as Bharti Airtel and Vodafone-Idea have been talking of financial stress ever since they faced intense competition from free voice and dirt-cheap data from newcomer Reliance Jio, the matter has assumed greater importance after the October 24 judgment of the Supreme Court.
Amid financial bailout buzz, Vodafone Idea, Airtel shares jump by 8.5 pc
30 Oct 2019 12:26 PM

Indian government has created a panel to work out a financial bailout package that may include lowering of spectrum charges.

Led by the sharp fall in its shares, Vodafone Idea witnessed an erosion of Rs 3,792.58 crore from its market valuation which is now at Rs 12,442.42 crore.
Vodafone Idea shares crumble over 27 pc in intra-day trade after SC order
24 Oct 2019 5:02 PM

Vodafone Idea plummeted 23.36 pc to close at Rs 4.33 on the BSE. In intra-day, it tanked 27.43 pc to Rs 4.10 -- its 52-week low.

As a market regulator, it would give us insights into what we need to be watchful of, and what we need to do. This, would also enable the Commission to craft a competition advocacy strategy and recommendations tailored to the needs of the telecom sector, said CCI Chairman Ashok Kumar Gupta.
CCI to conduct study on telecom sector amid changing market dynamics
13 Oct 2019 4:57 PM

India's telecom sector has witnessed a churn with stiff competition, especially after the entry of Reliance Jio.

Huawei, the world’s biggest maker of such gear, is at the centre of a geopolitical tug-of-war between China and the United States. (Photo: File | AP)
China warns India of 'reverse sanctions' if Huawei is blocked: sources
07 Aug 2019 12:36 PM

Minister Ravi Shankar Prasad told parliament that six proposals have been received for 5G trials, including from Huawei.


1 of 2