According to BSE, Bharti Airtel's revenue (on a standalone basis, excluding that from foreign operations and their subsidiaries) stood at Rs 49,919 crore (Rs 499.19 billion).
The figure is based on the base price of spectrum for the upcoming auction fixed by the TRAI and on the assumption that there will be no bidding war.
Mobile phone service providers alone jointly reported gross revenue of Rs 55,164.18 crore (RS 551.64 billion).
Sensex climbs higher at close, bluechip stocks in focus.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Banking and telecom will see the highest impact of this transition.
According to rating agency Fitch, India can in the long run support five-six profitable telecom operators.
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.
In April 2013, CBI had first told the Court there were "some difficulties" in the probe after it went abroad.
The launch of services by Jio in September 2016 had disrupted the whole telecom sector, with operators matching low rates to maintain competitive edge
Of the two big players, while Bharti Airtel can leverage its existing subscriber base, newcomer Reliance Jio will have to wean away subscribers from the incumbents
It has suggested OTTs be subject to the same security requirements that a traditional TSP has to adhere to.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Reports by CAG earlier on the 2008 telecom licence scam had resulted in the cancellation of 122 licences.
It is learnt that the defence ministry is refusing to let go of its 100 MHz spectrum, which was allotted earlier. In that case, the department of telecommunications (DoT) will be left with only 175 MW of 5G spectrum of the total 300 MHz.
Telcos may hike mobile rates to recover spectrum cost: Moody's
Bharti Airtel, Vodafone, Reliance Jio Infocomm and five other telecom firms will battle it out at the spectrum auction tomorrow, from which the government expects to garner at least Rs 11,300 crore (Rs 113 billion).
Indian telecom seems to be getting back on its feet.
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SBI will hold 30 per cent in RIL joint venture
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.
Telecom companies put in bids worth a total of about Rs 45,000 crore (Rs 450 billion) on the second day of the auction on Tuesday, with premium 900 Mhz band in Delhi, Mumbai and Kolkata witnessing continuing demand.
The long-overdue consolidation makes indebted RCom an even more attractive partner for a soon-to-launch upstart led by older brother Mukesh.
The telecom spectrum auction entered the 33rd round of bidding today after starting off from the Rs 52,689 crore (Rs 526. 89 billion) mark this morning.
The board is likely to take up the matter this month.
ONGC was the top performer while private banking major ICICI Bank extended gains
Revenues of Airtel and Idea have been hit by falling realisation and analysts said margins would be affected by higher costs.
The Supreme Court on Friday directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them for non-compliance of its order to pay adjusted gross revenue (AGR) of Rs 1.47 lakh crore to the department of telecommunications.
The latest deal would give Facebook deeper access to India, the second largest internet market after China.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The market could see a fresh round of tariff war, similar to what happened in the voice market a few years ago.
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Reliance, Birla Group, Airtel eye small finance banks.
Says, Jio unlikely to gain 2% revenue market share in 2017
At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
SSTL is the second operator after Vodafone that has approached FIPB for raising FDI limit.
Nearly $120 bn will come from private sector
COAI sid the huge volume of traffic from RJio will pull down the weighted average voice realisation for other operators from 30-40 paise to 22-25 paise per minute or lower
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