Vodafone Idea seeks removal of bank guarantee requirements for 2022 spectrum acquisition: Report
Mumbai: Vodafone Idea (Vi) has said it is currently in discussions with the Department of Telecommunications (DoT) to remove the bank guarantee requirements for spectrum acquired before 2022, as reported by The Economic Times.
Bharti Airtel acquires 97 MHz of spectrum across 3 frequency bands worth Rs 6,857 cr for 20 yrs
New Delhi: Telecom giant Bharti Airtel has acquired 97 MHz of spectrum in the 900 MHz, 1800 MHz, and 2100 MHz frequency bands at an auction on Wednesday, costing Rs 6,857 crore.
Spectrum auction postponed by 2 weeks; to start on June 6 now
New Delhi: The Department of Telecom (DoT) has postponed the spectrum auction by two weeks in view of the Lok Sabha election schedule.
Next set of spectrum auction to start on May 20, DoT notifies
New Delhi: The Department of Telecommunications (DoT) announced the schedule for the auction of eight mobile internet spectrums in which all leading telecom firms will compete.
Bharti Airtel pays Rs 8,325 cr towards 2015 spectrum auction liabilities
Mumbai: Telecom company Bharti Airtel on Tuesday said it has made a substantial financial move by making an advance payment of Rs 8,325 crores to the Department of Telecom (Government of India).
Next spectrum auction in Feb 2024 at same reserve prices
New Delhi: The next spectrum auction, scheduled for late February 2024, will maintain the same reserve prices for most bands as in the 2022 auction, Business Standard reported citing the Department of Telecommunications (DoT) officials.
Reliance Jio prepays Rs. 30 crore clearing all deferred spectrum liabilities
Mumbai/IBNS: Reliance Jio Infocomm Ltd (RJIL) has announced it has paid Rs. 30,791 crore (including accrued interest) to the Telecom Department towards prepayment of the entire deferred liabilities pertaining to spectrum acquired in auctions from 2014 to 2016 and the one acquired in 2021 through trading of right to use with Bharti Airtel Limited.
Indian Cabinet clears relief package for telcos, lifeline for crisis-hit Vodafone Idea
New Delhi/UNI: Offering a lifeline to crisis-ridden Vodafone Idea and also respite to other private telecom operators, the Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday cleared the much-awaited relief package for the sector which includes moratorium on payment of spectrum dues.
Airtel, Jio complete Rs 1,008 cr spectrum trading deal
Mumbai/IBNS: Telecommunications major Bharti Airtel has completed the trading deal to sell 800 Mhz airwaves in three circles to Reliance Jio Infocomm (Jio), according to media reports.
Indian Cabinet approves auction of spectrum
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a proposal of the Department of Telecommunications to conduct spectrum auction through which spectrum will be assigned to the successful bidders for providing commercial mobile services.