News for 'Bharti Airtel and Vodafone'

Telcos up in arms over free spectrum to Railways

Telcos up in arms over free spectrum to Railways

Rediff.com30 Jul 2019

Bharti Airtel, Reliance Jio, Vodafone Idea said the Railways should not be permitted to offer commercial services like Wi-fi and voice and video communication.

Telecom service providers log in to AI filter to stop pesky calls: Trai

Telecom service providers log in to AI filter to stop pesky calls: Trai

Rediff.com3 May 2023

Telecom service providers (TSPs) have begun to monitor and prevent spam calls since May 1, with the help of an artificial intelligence and machine language-based system acting on the Telecom Regulatory Authority of India's (Trai) latest directive on the matter, its officials told Business Standard. Touted as the first big technological measure against the growing menace of unsolicited commercial communications, all TSPs have confirmed to Trai that they have rolled out the AI/ML tool. The filter system works on the distributed ledger technology (DLT) platform used by TSPs, and is set to go for incremental updates, rules for which will soon be released, they added.

India just shy of top-weight China in MSCI EM after rejig

India just shy of top-weight China in MSCI EM after rejig

Rediff.com14 Aug 2024

The Indian equity markets will soon account for over a fifth of a key emerging market (EM) benchmark tracked by funds with assets exceeding $500 billion. This development is expected to funnel as much as $3 billion into the domestic markets. Following the latest review undertaken by global index provider MSCI, India's weighting in the MSCI EM index will surpass 20 per cent for the first time, narrowing its gap with the current top-weighted China to fewer than 400 basis points.

Promoters Sold Rs 87,000 Crore Of Shares

Promoters Sold Rs 87,000 Crore Of Shares

Rediff.com2 Jul 2024

Prominent exits by promoters included a Rs 15,300 crore share sale in Indus Tower by Vodafone Plc, a Rs 9,300 crore share sale by the Tata group in Tata Consultancy Services.

AGR woes hit telecom, financial stocks; Sensex Nifty end in red

AGR woes hit telecom, financial stocks; Sensex Nifty end in red

Rediff.com18 Feb 2020

On the Sensex chart, Bharti Airtel was the biggest loser with nearly 3 per cent drop in its share price. It was followed by IndusInd Bank, Maruti Suzuki, HeroMoto Corp and Tata Steel.

Reliance Jio opposes proposal to change spectrum usage rate

Reliance Jio opposes proposal to change spectrum usage rate

Rediff.com30 Dec 2013

The uniform SUC, if implemented as per recommendations made by Telecom Regulatory Authority of India, will provide relief for mobile operators such as Airtel, Vodafone and Idea, but will increase rates for broadband wireless access spectrum holders like RJIL.

AI to light the path at India Mobile Congress

AI to light the path at India Mobile Congress

Rediff.com15 Oct 2024

The government is expected to outline a policy framework for artificial intelligence (AI) at the annual India Mobile Congress (IMC) 2024, beginning Tuesday, officials said. Apart from industry participation, the four-day event will feature booths from over 15 ministries showcasing how AI is being integrated into their departments.

Recipe to rescue India's telecom sector, specially Vodafone Idea

Recipe to rescue India's telecom sector, specially Vodafone Idea

Rediff.com13 Sep 2021

Measures reportedly being mulled by the government to ease telecom industry's stress and fundraising may give Vodafone Idea the much-needed breather, but structural issue undermining the sector can be fixed only with "sizable" tariff hike for 4G prepaid customers, according to a note by Edelweiss. It further observed that as Voda Idea's large liabilities are falling due, and given the impending launch of JioPhone Next (whose rollout timeline has now been pushed to before Diwali), "the sooner the government measures as well as tariff hikes are rolled out, the better it is". It is pertinent to mention here that the telecom sector has been keenly watching out for the relief package, which could include redefinition of Adjusted Gross Revenue (AGR) to exclude non-telecom items, cut in levies such as Spectrum Usage Charges and easier terms and conditions for surrendering radiowaves to the government.

New BlackBerry Pearl 8110 at Rs 24,990

New BlackBerry Pearl 8110 at Rs 24,990

Rediff.com15 Feb 2008

Bharti Airtel and Vodafone, India's leading cellular service providers, in collaboration with Research In Motion, on Friday launched the new BlackBerry Pearl 8110 smartphone with built-in global positioning system in the Indian market.

Nifty ends below 8,800; US Fed, BoJ meets eyed

Nifty ends below 8,800; US Fed, BoJ meets eyed

Rediff.com20 Sep 2016

Investors have turned cautious ahead of the policy meetings of central banks in Japan and the US

Telcos shy away from new spectrum holding norms

Telcos shy away from new spectrum holding norms

Rediff.com28 Aug 2014

Under the UASL norms, spectrum is linked to licences, and a particular band of radio wave is restricted to be used in a particular technology

Vodafone's ownership in Indian arm may be probed

Vodafone's ownership in Indian arm may be probed

Rediff.com10 Mar 2014

The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).

Vodafone-Idea tech integration may take 4 years

Vodafone-Idea tech integration may take 4 years

Rediff.com13 Aug 2018

A large team led by Kumar Mangalam Birla has taken charge of the integration process.

COAI slams Trai's new draft rules on pesky calls and messages

COAI slams Trai's new draft rules on pesky calls and messages

Rediff.com18 Jul 2018

The new proposals will lead to complex processes and huge costs for telecom service providers, without any substantial benefits: COAI

Jio fails to dent market share of top 3 telcos

Jio fails to dent market share of top 3 telcos

Rediff.com7 May 2018

Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain

Telecom woes unlikely to ease with TDSAT verdict

Telecom woes unlikely to ease with TDSAT verdict

Rediff.com4 Jul 2012

After falling 11 per cent over the past six months, shares of Bharti Airtel gained over three per cent on news that the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) had given a split verdict on inter-circle 3G roaming arrangements between Bharti, Idea and Vodafone.

How Trai Plans To Scuttle Scams

How Trai Plans To Scuttle Scams

Rediff.com15 Jun 2024

Numbers could be classified further into (140) marketing and (160 or 161) for service calls to easily identify the purpose of the call in the future.

Foreign money floods big telecom operators

Foreign money floods big telecom operators

Rediff.com26 Dec 2013

Doha-based Qatar Foundation Endowment has bought five per cent stake for $1.18 billion in Bharti Airtel.

Bigger firms scoop up more market share during Covid-19 pandemic

Bigger firms scoop up more market share during Covid-19 pandemic

Rediff.com28 Jul 2021

Top companies have grabbed a bigger pie of their sectors in the pandemic period, leading to a further rise in market concentration in many industries as measured by the Herfindahl-Hirschman Index (HHI). The HHI score, which indicates competitive intensity in an industry (or a lack of it), reached a new high in FY21 as bigger firms raised their revenue market shares either organically or through mergers and acquisitions. A higher HHI score indicates a rise in market concentration in favour of a few firms while a lower score means that the industry's revenue is more evenly divided among many companies

Telco chiefs meet ministers, bemoan Trai's 'killer' moves

Telco chiefs meet ministers, bemoan Trai's 'killer' moves

Rediff.com3 May 2012

Bharti Airtel Chairman and Managing Director Sunil Bharti Mittal, Vodafone Plc CEO Vittorio Colao, Telenor CEO Jon Fredrik Baksaas and Idea Cellular Chairman Kumar Mangalam Birla on Wednesday met ministers and senior government officials to present the industry's concerns over telecom regulator Trai's proposals on the auction of spectrum.

Jio, incumbents call truce on interconnect

Jio, incumbents call truce on interconnect

Rediff.com10 Sep 2016

Big three telecom companies term Jio's free voice calls predatory pricing

Telecom industry wants govt to junk USOF, slash duties

Telecom industry wants govt to junk USOF, slash duties

Rediff.com27 Jan 2024

Telecom services providers have urged the Ministry of Finance to suspend the universal service obligation (USOF) till the existing corpus is exhausted. In their Budget recommendations, they have also pressed for an exemption from the service tax on "assignment of right to use natural resources" and the slashing of Customs duty on telecom equipment to zero. The Cellular Operators Association of India (Coai), which represents private sector telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea, called for abolishment of USOF levy.

Sensex snaps 6-day losing streak, rallies 835 points

Sensex snaps 6-day losing streak, rallies 835 points

Rediff.com25 Sep 2020

All Sensex components ended in green, with Bajaj Finserv, HCL Tech, Bharti Airtel, IndusInd Bank, L&T, TCS, ONGC and ICICI Bank, Bajaj Finance and SBI gaining up to 6.64 per cent.

Voda Idea will shut down without govt relief: Birla

Voda Idea will shut down without govt relief: Birla

Rediff.com6 Dec 2019

"If we are not getting anything then I think it is end of story for Vodafone Idea," Kumar Mangalam Birla said at the HT Leadership Summit when asked about the future of Vodafone Idea in absence of a government relief on payment of Rs 53,038 crore dues.

Telecom stocks pay for politics over 'under-reporting'

Telecom stocks pay for politics over 'under-reporting'

Rediff.com9 Jul 2016

Typically these are high-beta stocks and earnings are volatile

Tax bills pile up on Vodafone's account

Tax bills pile up on Vodafone's account

Rediff.com22 Oct 2013

The dispute over the tax payable for its purchase in 2007 of the 67 per cent stake in Hutch is on an amount of Rs 11,200 crore (Rs 112 billion).

Telecom CEOs seek PM intervention on 3G roaming issue

Telecom CEOs seek PM intervention on 3G roaming issue

Rediff.com22 Nov 2011

The letter was jointly written by Bharti Enterprises Chairman and Group CEO Sunil Bharti Mittal, Aditya Birla Group Chairman Kumar Mangalam Birla and Vodafone Group Plc CEO Vittorio Colao.

Crossholding in same telecom circle may go

Crossholding in same telecom circle may go

Rediff.com17 May 2013

DoT's proposal to impact many, including Vodafone

Citing National Security, India Bans Chinese Cos

Citing National Security, India Bans Chinese Cos

Rediff.com8 Jun 2023

The government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services.

What consolidation of telcos mean for the customers

What consolidation of telcos mean for the customers

Rediff.com20 Feb 2020

The Indian market is more in sync with mobile markets of advanced countries like the UK, Japan, and South Korea, where there are fewer players - three to four.

SC rejects plea of telecom companies for licence extension

SC rejects plea of telecom companies for licence extension

Rediff.com14 May 2015

The SC had reserved its verdict on a bunch of similar petitions.

Bad news! Mobile tariffs hiked by 20%

Bad news! Mobile tariffs hiked by 20%

Rediff.com29 Jul 2011

Two leading mobile operators, Vodafone Essar and Idea Cellular, are understood to have increased pre-paid tariffs by up to 20 per cent, in line with the recent Bharti Airtel move. According to industry sources, the tariffs were increased few days ago.

5G auction receives bids worth Rs 1.49 lakh cr on Day 2

5G auction receives bids worth Rs 1.49 lakh cr on Day 2

Rediff.com27 Jul 2022

With better than expected Rs 1.45 lakh crore bids coming in on the first day, the auction of 5G spectrum entered the second day on Wednesday with the opening of the fifth round. Firms run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani as well as Vodafone Idea are participating in the e-auction to buy fifth-generation (5G) airwaves. The government received confirmed spectrum bids worth Rs 1.45 lakh crore after the completion of four rounds of spectrum bidding on the opening day on Tuesday.

SC deals Rs 92,641 crore blow to telecom cos

SC deals Rs 92,641 crore blow to telecom cos

Rediff.com24 Oct 2019

In a setback to telecom service providers, the Supreme Court on Thursday allowed the Centre's plea to recover adjusted gross revenue (AGR) of about Rs 92,000 crore from them.

Vi plans to get back in the game but fundraising a challenge

Vi plans to get back in the game but fundraising a challenge

Rediff.com7 Feb 2023

Vodafone-Idea is working on a multi-pronged strategy to begin its long journey to get back in the game but much hinges on how much money it can raise following the government's decision to go for equity conversion last week. Based on discussions with sources aware of the company developments and with vendors, VIL's immediate plan is to invest in increasing 4G coverage to the level of its competitors. Currently, it covers a 1 billion population with 4G while its competitors cover 1.2 billion people.

Next spectrum auction likely in February

Next spectrum auction likely in February

Rediff.com7 Dec 2023

The next spectrum auction will be held in late February 2024 and the reserve price for most bands will remain the same as the 2022 auction, department of telecommunications (DoT) officials have said. The government expects operators to go for low bands beginning in 600 megahertz (MHz), licences for many of which are lapsing soon. Back in September 2021, the government had decided that spectrum auctions should be held annually.

Is more consolidation likely in telecom sector?

Is more consolidation likely in telecom sector?

Rediff.com16 Sep 2016

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

Huawei seeks reboot after losing out on 5G spectrum trials

Huawei seeks reboot after losing out on 5G spectrum trials

Rediff.com18 May 2021

Based on industry estimates, telecom companies, including Bharti Airtel, Reliance Jio, Vodafone Idea and BSNL, are expected to invest over $10 billion on buying 5G telecom equipment in the next five years as they transition from non-standalone networks to standalone 5G networks.

Feb sees 9.1 mn new mobile users

Feb sees 9.1 mn new mobile users

Rediff.com10 Mar 2009

Bharti Airtel Ltd led the signings, adding 2.73 million subscribers in February to take its mobile customer base to 91 million. Vodafone Essar Ltd, controlled by Britain's Vodafone, added 2.5 million users in the month, to take its subscriber base to 65 million, data from the Cellular Operators Association of India showed.

Telecom tower biz to see high frequency battle

Telecom tower biz to see high frequency battle

Rediff.com30 Mar 2009

The telecom tower-transmission business is going to see a shake-up with cash-rich and independent companies moving in with aggressive plans.