Officials of Reliance Jio Infocomm claimed to have achieved broadband speeds on their networks that are 10-12 times faster than 3G services.
American Tower bulks up in India with $1.2 billion Viom stake buy
Globally, the focus has moved back to India, especially in terms of telecom assets. Vodafone Idea, with some 300 million customers, continues to be attractive with shares available at a low price.
The brand integration not only marks the completion of the largest telecom merger in the world, but will also set the company on its future journey to offer strong digital experiences to 1 billion Indians on its 4G network.
Global private equity major KKR has ranked India second among the emerging markets on external risks, citing the high fiscal and current account deficits.
A billion dollars in renewable energy is huge.
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
They are cheaper to build, costing around Rs 10 lakh each as against Rs 20-25 lakh for a traditional ground-based tower and even less than the Rs 12-15 lakh needed for a tower mounted on a roof top.
Cut-throat competition, high spectrum costs, and frequent flip-flops in government policies have made it difficult for Vodafone to make money in the country.
The reason is believed to be a 19% increase in interest cost.
Telecom tower companies likely to invest around Rs 500 crore (Rs 50 billion) to enhance network.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The progress of the GST Bill in Parliament is also likely to remain in focus
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
'I'm an unbalanced human,' the founding partner of AZB, India's top law firm, tells Pavan Lall.
But the road map of telecom will be decided by one thing: Whether Jio sticks to its ambitious plan and whether incumbents have enough financial muscle or ability to raise money every year to ensure that Jio does not reach its target, says Surajeet Das Gupta.
Viom Networks is planning to raise arouns Rs 1500 crore (Rs 15 billion) and is likely to list its shares on the London Stock Exchange (LSE), say sources.
The big advantage that Jio is able to garner currently is its low cost of operations.
Investor sentiment got a boost following remarks from the Russian President Putin that allayed fears of an imminent military conflict in Ukraine
InterGlobe has raised Rs 3,008.5 crore.
The policy statement by the RBI governor is also expected to be upbeat.
Several brokerages lifted their outlooks for the BSE Sensex and companies were queuing to ride the wave of political euphoria
Despite low tariffs, voice usage is not growing.