DoT decides not to scrap dual-technology telecom licences
The big beneficiaries of this move will be the big three -- Bharti, Vodafone and Idea.
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.
Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain
The revival of feature phones in India is driven by low-cost access to the internet, but the 'dumb phones' are learning to get smart and create a niche, says Veer Arjun Singh.
The third round of spectrum auction continued to witness aggressive bidding even after completion of seventeen rounds on Wednesday with demands for both bands of airwaves on offer continuing to pour in.
The intra-city cable leasing deal will give RCom Rs 1,200 crore, which will be used to clear some of its debt.
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.
Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
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.
Mukesh Ambani's Jio, high debt and some bad decisions drove RCom to its grave.
Its says reconsider lower reserve price, uniform usage charges; GSM players to bear the brunt.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
The amount generated so far is about 86 per cent of what the 3G auction fetched in 2010.
Telecom subscriber base crossed the 95-crore mark in August, after a gap of more than two years, on the back of higher mobile users whose number touched 92.43 crore.
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.
A year after Bharti Airtel launched 4G services, there are only 6.5 mn users in the country
Also, the combination of a new entrant and new technology is not necessarily good.
Famous and long believed to be trusted Indian brands have wilted against foreign brands, says Mohan Guruswamy.
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).
Govt is set to garner Rs 1 lakh crore from sale of radiowaves.
Spectrum auction took off on Wednesday from Rs 58,980.29 crore (Rs 589.80 billion) mark with demand for the premium 900 Mhz band seemingly tapering off at the end of 56 rounds.
Extending its new device plus data plan to more smartphones, the operator is keen to capture the youth's attention.
RCom is expected to have a 50% stake, Aircel 40% and MTS 10%
Need for much more investment; sector would like govt help
Income will be higher as spectrum in 2,100-MHz band will also be auctioned
Sunil Bharti Mittal, bottom, left, says he is fond of Bill Gates' famous quote: "Success is a lousy teacher." Back from a long foreign business trip, the founder-chairman of Bharti Enterprises talks to Malini Bhupta and Kiran Rathee about the challenges posed by Reliance Jio and how he is determined to come out on top once again. Mittal says , today, Airtel is as ready as Jio in pure-play 4G operations.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances