In April 2013, CBI had first told the Court there were "some difficulties" in the probe after it went abroad.
India's third largest telecom operator Idea Cellular joined the data tariff war by slashing 2G mobile internet rates by 90 per cent and 3G tariffs by 30 per cent for six months from November 15.
Market leader Bharti Airtel added the maximum 17.22 lakh (1.72 million) new users during the month to take its base to 19.65 crore (196.5 million) at the end of November.
GSM based mobile service providers jointly added over 44 lakh new customers, taking their cumulative customer base to 67.88 crore in September, according to data released by industry body COAI on Wednesday.
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
Adjusted gross revenue of the industry has grown just 5.3 per cent during the financial year ended March 31
Telecom Minister Ravi Shankar Prasad said that there were 31 complaints of call drops against the company in 2015
Analysts expect structural risks such as risk to voice revenues, steep correction in data realisations, capex spend and rise in churn and subsequent increase in costs to continue in the medium term
The Department of Telecom may bar operators holding 3G airwaves from sharing the high-speed spectrum.
The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.
DoT had raised the demand on December 22 and asked RCom to pay within a month.
Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain
BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher
Bharti Airtel made part payment of Rs 4,725 crore.
Given the escalating cost of doing business, the revenue opportunity is decreasing and consolidation is an inevitable part of the industry.
Sources say companies will have to keep the market share of merged entities below 50% in all circles
Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said.
Telcos may hike mobile rates to recover spectrum cost: Moody's
Government's resolution on the contentious issue of spectrum usage fee seems to have found favour with telecom operators with none of them withdrawing their application from airways auction on the last day on Monday.
'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'
A consummate deal-maker, the former Aircel boss raked in the moolah in many, but lost a packet in several others.
Says, Jio unlikely to gain 2% revenue market share in 2017
Idea may have to shell out Rs 4,500 crore in cash
The CAG report, tabled in Parliament, states the interest on the short payment stood at Rs 1,052.13 crore for the period up to March 2016.
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
Telecom companies have put in bids worth Rs 58,332 crore (Rs 583.32 billion) in spectrum auction at the end of 49 rounds on the 7th day of bidding on Monday.
The auction started off with the 36th round this morning. At the end of 35 rounds on Friday, bids worth around Rs 54,600 crore had been received by the government.
After initial success, data use is stagnating and getting consumers to spend additional money for high-speed internet is proving to be difficult for telcos.
Typically these are high-beta stocks and earnings are volatile
Telecom subscriber base crossed the 95-crore mark in August, after a gap of more than two years, on the back of higher mobile users whose number touched 92.43 crore.
The Telecom Regulatory Authority of India (Trai) has given its recommendations on the much-awaited issue of spectrum sharing.
The company has reportedly been in the process of shutting its CDMA business and shifting its subscribers to 2G, 3G and 4G networks.
India's largest-ever spectrum auction kicked off on Saturday with major telecom operators placing bids worth Rs 53,531 crore across bands, even as the premium 700 Mhz and 900 Mhz frequencies did not find any buyer.
The freebies are now over, but Jio will need to notch up subscriber numbers and margins to prove its sceptics wrong.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
While it was technically not possible to block the deal, the tax department could resort to arm-twisting.
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
The interconnection charge has been reduced.
The DoT estimates that it will receive Rs 29,524 cr in revenue from the telecom industry in FY18, which is 38% less than the Budget revenue target of Rs 47,300 cr for FY18
TRAI may recommend the DoT to levy one-time non-refundable fee of Rs 50,000 per operator for each service area in which they opt for spectrum sharing.
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