The company has won the award under the 'Operator Leadership' category for having demonstrated leadership in the wireless community through the expansion of 3G CDMA system deployments and the unique implementation of 3G CDMA technologies in a specific market, a release issued by the company stated.
Says, Jio unlikely to gain 2% revenue market share in 2017
The company recently received permission to launch GSM services within its existing license and is awaiting allocation of spectrum, the radio frequency that enables wireless communications, from the government. CDMA and GSM services cannot be operated on the same spectrum.
Tata Teleservices and Reliance Communications have said that they had been denied extra spectrum even as the old GSM operators like Bharti, Vodafone and Idea were been allocated excess spectrum in many circles.
Google is believed to be in talks to take on a lease of 500 GB bandwidth; this, according to industry sources, puts the deal size at around $80-100 million (Rs 320-400 crore).
Under this initiative, ICICI Bank's customers can transfer money anytime and anywhere in the country to people having an account in the bank using their Reliance mobile phones, it said.
The bidding companies have the choice of either bidding individually or as a group.
The bidding companies have the choice of either bidding individually or as a group.
Telecom service provider Reliance Communications is to tap the retail international long distance calling space in the UK
Reliance Communications will slash the homebound international call tariffs - calls made by Indians visiting abroad - by around 50 per cent to cash in on the growing Rs 800-crore inbound market.
According to sources, with this deal and some others in the anvil Reliance would be able to double its network capacity(GSM and CDMA) from 35 million lines currently.
Mumbai-based Reliance Communications increased voice call prices by about a fifth late last month and also increased the base tariff for voice calls.
Anil Ambani-led Reliance Communications on Tuesday announced a strategic alliance with US-based GetJar, the world's second-largest app store to avail over 65,000 free mobile applications for R-Com's over 100-million subscribers.
In what is in effect a deposit to be paid into court pending a full trial in the case, Judge David Waksman has set a six-week timeline for Anil to pay $100 million to three Chinese banks as he concluded that he did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove".
Reliance Communications' tower business Reliance Infratel is likely to enter into an end-to-end telecom infrastructure agreement with Aircel for towers, voice carriage and bulk bandwidth worth about $300 million.
Right after it returned to the telecom sector by acquiring Infotel Broadband, Mukesh Ambani's Reliance Industries (RIL) began discussions with brother Anil Ambani's mobile service provider, Reliance Communications (RCom), for a possible sharing of infrastructure.
Reliance also plans to convert the book into an adult audio mobile book.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The auction for Broadband Wireless Access started on Monday with 11 players, including Bharti, Vodafone, RCom and Tatas, in the race to acquire the two slots on offer.
BSNL will allow free local and STD calls to other BSNL mobile phone users as well as 100 MB data for seven days for its prepaid users.
However, fresh buying at lower levels helped the index recover all its losses by mid noon trades. A fresh round of buying in late trades saw the index surge to a high of 14,249 - up 518 points from the days low. The Sensex finally settled with a gain of 113 points at 14,220. The NSE Nifty ended with a gain of 60 points at 4,251.
Telecom complaints against other players were below 500 in the first half of 2016.
The company had posted net profit of Rs 156 crore a year ago.
The Sensex opened with a positive gap of 61 points at 16,782. It finally ended with a gain of 405 points at 17,126. Bharti Airtel zoomed 9.6% to Rs 925 and RCom soared 8.3% to Rs 577. ICICI Bank surged 4.5%, HDFC and SBI rallied 4% each, Satyam, NTPC and Larsen & Toubro were up over 1% each and ITC, ONGC, R-Energy, Wipro, Tata Steel, BHEL and M&M were other gainers. ACC dropped nearly 2% to Rs 783 while Maruti and DLF were down around 1%.
The Supreme Court on Wednesday reserved its judgement on a petition filed by Tata Teleservices challenging the telecom tribunal's order, which classified the company's fixed wireless phone service 'Walky' as limited mobile. TDSAT had ruled that Walky service offered by Tatas was a mobile service, thus the private company was liable to pay a levy called Access Deficit Charge (ADC) to state-owned BSNL as per the interconnect order of telecom regulator Trai.
This would be company's second acquisition in the WiMax space. In February, the company had acquired a significant stake in a French WiMax chip manufacturer Sequans Communications. The financial details of the acquisition were not disclosed. Further, RCom will expand its reach across countries in the Saarc region, Mediterranean and other South African nations. RCom intends to provide high-speed broadband services, voice, video and data suite and 4G services.
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.
The three undersea cable station owners were asked by Trai to submit the Cable Landing Station - Reference Interconnect Offer,' containing the terms and conditions, charges and time limit for providing access. Now, Trai has approved the RIO of four cable landing stations of VSNL in the country and one each of Bharti and Anil Ambani's Reliance.
The company had a net profit of Rs 1,636.61 crore (Rs 16.36 billion) in the same quarter previous year, Reliance Communications said in a filing to the Bombay Stock Exchange.
Finance ministry advises banks to invoke personal guarantees of all promoters whose companies have gone to NCLT for debt resolution.
Telkom Kenya has a monopoly on landline services in the country. If an Indian company wins the bid, it will enable the company to enter the country's telecom market, according to news reports in international press.
The telecom major has paid over $ 103 million to get the rights for eight years, which include two World Cups, the 20-20 World Cup and the Championship Trophy.
The company has also entered into alliances with laptop manufacturers to bundle Reliance NetConnect Data Cards, its President (Personal Business) S P Shukla told a press conference in Bangalore.
A day before the deadline of exclusive takeover talks between Anil Ambani's Reliance Communications and South African company MTN expires, Reliance Industries has invoked the dispute resolution clause of the non-competition agreement against RCom. However, RCom plans to go ahead with its proposed merger with MTN without taking RIL's claim into account.
The plan, first initiative by the company to roll out its 3G services, will allow customers access to social networking sites, instant messaging applications, chat services and email accounts like yahoo, gmail and hotmail.
Tata Teleservices spokesperson confirmed the development, and said: "We have written to theDoT seeking clarity on the issue."
Telecom service provider Reliance Communications on Monday introduced two new Classic colour phones with FM radio, aiming to tap a higher market share in this segment.
The Anil Dhirubhai Ambani Group company Reliance Communications, which is in the process of bidding for Hutch-Essar, is planning to list its undersea cable business unit Flag Telecom in London to raise over $500 million.
As the time draws closer to the expiry of exclusivity agreement between Rcom and MTN for negotiations, one newspaper after another in Britain and the US is commenting on the eruption of a battle between the two richest brothers in the world. The controversy over the possible deal started with Mukesh Ambani-led Reliance Industries asserting its Right of First Refusal over the younger brother's company with legal notices to Rcom and MTN.
BSNL had disconnected the point of interconnection of Reliance Communications on May 23 and May 31 in Haryana and on May 4 in Punjab claiming non-payment of pending dues by the private telco.
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