Nearly 97% of Indian villages covered with mobile connectivity: Govt
Dec 12, 2024, at 11:36 pm
New Delhi: Out of the 6,44,131 villages in India, as recorded by the Registrar General of India, approximately 6,22,840 villages now have mobile network coverage, with 6,14,564 of them equipped with 4G connectivity as of September 30, 2024.
TRAI implements message traceability norms to boost transparency, beat spammers
Dec 11, 2024, at 10:52 pm
New Delhi: The Telecom Regulatory Authority of India (TRAI) will implement its new message traceability norms starting Wednesday, media reports said.
Vodafone Idea to consider Rs 2,000 crore equity raise on December 9, eyes tariff adjustments
Dec 06, 2024, at 10:08 pm
Mumbai: Vodafone Idea announced it will consider raising up to Rs 2,000 crore through a preferential equity issuance to a promoter entity during a board meeting scheduled for Monday, December 9, media reports said.
Bharti Airtel extends 4G and 5G contracts with Ericsson in multi-billion-dollar deal
Dec 05, 2024, at 04:29 am
Mumbai: Bharti Airtel, India’s second-largest telecom operator, has entered a multi-year, multi-billion-dollar agreement with Swedish telecom equipment maker Ericsson to extend its 4G and 5G contracts, according to a press statement issued on Wednesday.
Vodafone Idea shares soar 19%, other telecom stocks surge as cabinet approves bank guarantee waiver
Nov 26, 2024, at 09:04 pm
Mumbai/IBNS: Telecom stocks surged on Tuesday (Nov. 26) following reports that the Union Cabinet approved waiving bank guarantees (BGs) for spectrum purchased before 2022.
Nov 16, 2024, at 05:49 am
New Delhi: Billionaire Mukesh Ambani's Reliance has urged India’s telecom regulator TRAI to reassess the potential impact of Elon Musk's Starlink and Amazon's Kuiper before allocating satellite spectrum, citing concerns over local players being disadvantaged, Reuters reported.
Bharti Telecom raises stake in Airtel to 40.33%
Nov 07, 2024, at 07:04 am
Bharti Telecom Ltd (BTL), the primary promoter of Bharti Airtel, has raised its stake in the telecom giant to 40.33% by acquiring an additional 1.2% from fellow promoter entity, Indian Continent Investment Ltd (ICIL), through an off-market transaction.
Vodafone Idea seeks removal of bank guarantee requirements for 2022 spectrum acquisition: Report
Oct 08, 2024, at 10:37 pm
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 launches AI-based solution to detect spam calls and messages
Sep 26, 2024, at 01:59 am
Mumbai: Bharti Airtel announced on Wednesday a new AI-powered network solution designed to detect spam calls and messages for its customers.
Vodafone Idea calls investor meet on Monday after AGR ruling by Supreme Court
Sep 21, 2024, at 03:36 am
Mumbai: Financially troubled telecom operator Vodafone Idea (Vi) has scheduled an unexpected meeting with investors and analysts on September 23. In a stock exchange filing, Vi stated that the 30-minute call will focus on "recent events."
Bharti Airtel to close Wynk Music app; to absorb all employees
Aug 28, 2024, at 05:48 am
Mumbai: Telecom company Bharti Airtel will leave the music segment and close its Wynk Music app, media reports said.
Telecom companies witness weak ARPU growth in 2024
Aug 16, 2024, at 06:54 am
New Delhi: The telecom companies in India have witnessed a significantly smaller rise in Average Revenue Per User (Arpu) at 7.5 percent in FY24, against nearly 20 percent in FY23, media reports said, citing the latest government data.
DoT disconnects 73 lakh mobile connections bought using fake documents
Aug 08, 2024, at 04:35 am
New Delhi: Telecom operators have disconnected 73 lakh mobile connections obtained using fake proof of identity or address, the Department of Telecommunications (DoT) informed Parliament on Wednesday.
Govt to cover MTNL's bond payments amid liquidity crisis: Report
Jul 26, 2024, at 02:39 am
New Delhi: The government will handle all future bond payments for Mahanagar Telephone Nigam Ltd. (MTNL) as the state-owned company deals with a liquidity crisis, according to a Bloomberg report.
60% of MSMEs plan to digitize their business by 2025: Vi report
Jun 28, 2024, at 10:15 pm
Kolkata: Almost 60% of MSMEs plan to digitize their business processes by 2025, according to Vi Business ReadyforNext MSME growth insights study.
Reliance Industries crosses Rs 21 lakh cr market cap after Jio tariff hikes
Jun 28, 2024, at 10:12 pm
Mumbai: Reliance Industries Ltd has surpassed a market capitalisation of Rs 21 lakh crore after a stock surge of more than 20 percent this year, becoming the first Indian company to achieve this milestone, media reported.
Reliance Jio hikes tariff, highlights its 5G network and AI-enabled services
Jun 28, 2024, at 04:36 am
Mumbai: Reliance Jio Infocomm Ltd, India's largest telecom provider, announced a series of new unlimited plans set to take effect on July 3.
Govt receives Rs 11,300 cr as 5G spectrum auction ends, Airtel emerges top bidder
Jun 27, 2024, at 06:25 am
New Delhi: The auction for 5G spectrum for mobile radio services concluded with telecom firms bidding around Rs 11,300 crore, reported The Economic Times on Wednesday.
Vodafone Idea buys spectrum worth Rs 3,510 cr to enhance overall network
Jun 27, 2024, at 06:00 am
New Delhi: Cash-strapped telecom operator Vodafone Idea has acquired spectrum worth Rs 3,510 crore to enhance its 4G network coverage and launch 5G services, the company announced on Wednesday.
Vodafone Idea in talks with Samsung for new 4G, 5G tech solutions
Jun 27, 2024, at 05:28 am
Mumbai: Vodafone Idea is in active discussions with Samsung about new technologies, including virtualized Radio Access Network (vRAN) solutions for their 4G and 5G networks, according to a company statement.
Bharti Airtel acquires 97 MHz of spectrum across 3 frequency bands worth Rs 6,857 cr for 20 yrs
Jun 27, 2024, at 04:10 am
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.
Vodafone sells 18% stake in Indus Towers for 1.7 billion euros
Jun 20, 2024, at 04:10 am
Mumbai: British telecom company Vodafone announced on Wednesday that it has sold an 18 percent stake in Indus Towers for 1.7 billion euros (approximately Rs 15,300 crore), reported media.
Vodafone Group to sell entire $2.3 bn stake in Indus Towers
Jun 14, 2024, at 10:15 pm
Mumbai: Vodafone Group is planning to sell its entire $2.3 billion stake in India's Indus Towers through block deals on the stock market next week, Reuters reported citing two sources with direct knowledge of the matter.
May 31, 2024, at 01:00 am
Mumbai: Sunil Bharti Mittal, who leads Bharti Airtel, has revealed that a meeting with Prime Minister Narendra Modi in September 2018 turned out to be a turning point for him at a time when his telecom company was in the midst of a severe crisis.
Vodafone Idea net loss widens in Q4FY24; ARPU up 7.6 pc at Rs 146
May 17, 2024, at 05:14 am
New Delhi: Vodafone Idea, a leading private sector telecom company with a government stake of 32.2%, recorded a loss of Rs 76,746 million (Rs 7,674.6 crore) in the fourth quarter of the financial year 2023-24, compared to Rs 64,189 million (Rs 6,418.9 crore) in the same period of 2022-23.
Reliance Jio surpasses China Mobile as world's largest mobile operator
Apr 25, 2024, at 06:47 am
Mumbai: Reliance Jio, India's leading telecom operator, has surpassed China Mobile to become the world's largest mobile operator in data traffic consumption, media reports said.
Vodafone Idea raises Rs 5,400 cr from over 70 anchor investors
Apr 18, 2024, at 04:50 am
Mumbai: Vodafone Idea has garnered Rs 5,400 crore from 74 anchor investors, according to a statement released on Wednesday.
Vodafone Idea FPO worth Rs 18,000 cr to open on Apr 18
Apr 15, 2024, at 12:14 am
Mumbai: Vodafone Idea has announced its follow-on public offer (FPO) worth Rs 18,000 crore which will be open for subscription starting April 18.
Spectrum auction postponed by 2 weeks; to start on June 6 now
Apr 04, 2024, at 01:59 am
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
Mar 09, 2024, at 03:11 am
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.