Bharti Airtel has paid Rs 11,374.7 cr while upfront amount due from it was Rs 7,832.20 cr
New Delhi is also set to top its target of raising at least $13 billion.
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
Telecom complaints against other players were below 500 in the first half of 2016.
When it comes to the number of phone bill disputes, Vodafone, Idea Cellular, BSNL and Aircel were high on the list in several service areas during the quarter ended June.
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
Telco sector has been been cutting back on freebies and discounted minutes to maintain profitability.
Spectrum auction ends, brings Rs 1.09 tln to govt kitty.
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.
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
The minister said the companies have given representation which is being examined by the DoT before taking a final decision.
The fall in metal and mining stocks comes on the back of weak Chinese trade data
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
Idea may have to shell out Rs 4,500 crore in cash
Revenue decline has left the operators with little money to service their mostly 3G and partly 4G infrastructure leading to poor data and voice quality.
The telecom industry is moving towards a five-plus one model.
The total outstanding dues against Bharti Airtel is Rs 11,235.50 crore.
Telecom Minister Ravi Shankar Prasad said that there were 31 complaints of call drops against the company in 2015
BSE Midcap and BSE Smallcap indices settled the day 0.7% and 0.9% higher
Telecom major Bharti Airtel led the growth in segment with net addition of 1.31 million subscribers.
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.
Ambani said Jio will offer the world's lowest data tariff
Trai had asked the Attorney General for views on Jio's free voice and data offering till March 2017, that rivals have termed predatory.
The company has increased the cost of 1 GB of 3G internet usage to Rs 156 from Rs 123 it charged earlier.
Evolving a common work ethic and culture will be critical so that the merged entity does not lose focus on the common enemy outside -- and instead becomes more obsessed with internal turf wars.
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.
Reliance Communications could become a much more formidable opponent.
With the new entity coming in force, Bharti Airtel will lose the tag of India's biggest telecom service provider to the new entity.
The total number of telephone connections in the country crossed the record one billion mark in May, bolstered by growth in number of mobile users.
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At the close of trade, telecom stocks ended with as much as 4.3 per cent loss.
Reports by CAG earlier on the 2008 telecom licence scam had resulted in the cancellation of 122 licences.
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.
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.
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.
Successful bidders will have to pay 25 per cent of the amount upfront for sub 1 GHz, and 50 per cent upfront for higher frequency bands.
The Telecom Regulatory Authority of India (Trai) has given its recommendations on the much-awaited issue of spectrum sharing.
Typically these are high-beta stocks and earnings are volatile
Mobile phone service providers alone jointly reported gross revenue of Rs 55,164.18 crore (RS 551.64 billion).
The amount generated so far is about 86 per cent of what the 3G auction fetched in 2010.
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