Telecom Minister Kapil Sibal tried to put up a brave front over the allegations levelled against him of causing loss to the government by favouring an Anil Ambani-led company.
The charge against Sibal is that, in February 2011, he reduced the penalty on RCom for violation of the United Access Service Licences agreement from Rs 50 crore to Rs 5 crore (Rs 50 million) per telecom circle.
Spectrum trading will happen in 9 circles.
Shares of CDMA technology pioneer Qualcomm have come under tremendous pressure over the past one month, losing a market cap of $11.7 billion on the back of Reliance Communication, one of its major customers, mulling the option of switching to GSM.
The Sensex opened with a negative gap of 85 points at 13,823.
Emirates Telecommunications of the United Arab Emirates, better known as Etisalat, is in discussion with Reliance Communications for a possible merger or acquisition.
The Sensex opened with a positive gap backed by fresh buying in technology stocks
TTSL is now behind only Bharti Airtel, Reliance Communications and Vodafone, the company said in a statement.
In June this year, Reliance agreed to merge its 50,000 telecom tower portfolio with GTL Infra in a cash-and-stock deal. Post merger, this would have been arguably the largest independent tower platform with an enterprise value of around $11billion.
Downloading music and streaming videos on the Internet and mobile handsets may soon be pass. With the government allocating 3G spectrum, content providers are ready with new services.
Idea Cellular has gone off the beaten track in its 3G growth strategy.
Nine million subscribers opt for mobile number portability in first three months of its launch.
A Bench headed by Justice Altamas Kabir sought an reply from 11 repondents Telecom Regulatory Authority of India, Association of Unified Telecom Service Providers of India, Reliance Communications, Tata Teleservices, Vodafone Essar Mobile Services, Cellular Operators Association of India, Bharti Airtel, Idea Cellular, BPL Mobile Communications, HFCL Infotel, and Spice Communications -- as to why they should not pay ADC to BSNL.
Etisalat DB Telecom chief executive officer Atul Jham was also questioned by the panel headed by senior BJP leader Murli Manohar Joshi.
Offers 40% cheaper calls to India, AT&T also drops rates.
Initially, RCom users will be able to create their own caller tunes and ringtones by uploading the content through RCom's web interface.
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.
The government has raised over Rs 38,300 crore (Rs 383 billion) from the 16-day long auction for Broadband Wireless Access spectrum, which closed on Friday.
ADAG, however, issued a statement saying that he visited the CBI as part of his weekly visit to Delhi.
RCom will use Motricity's m-Core platform to deliver advanced services and applications on its 3G, GSM and CDMA mobile platforms.
Bharti Airtel, which acquired the African operations of Zain Telecommunications last year, had a net debt of $13.4 billion at the end of the first quarter of the current financial year.
Reliance Communications (RCom) has launched a new scheme that enables its subscribers to make STD calls at Re 1 and local calls at 50 paise per minute.
Service providers, handset vendors add millions of consumers every month, but don't tackle consumer complaints at the same pace.
Private telecom company Reliance Infocomm has launched international roaming facility through tie-ups with global operators including China Unicon and Sprint PCS of the US.
Recently, companies like Bharti airtel, Idea Cellular, Vodafone and Reliance Communications raised tariffs for their services by about 20 per cent in most operating circles.
Reliance Communications has launched a seven-inch tablet at Rs 13,000 per piece and Bharti Airtel's Beetel at Rs 8,000 a piece.
Apex auditor CAG on Friday lamented that private telecom operators are not providing their account books to it, despite a request from the government.
Vodafone Essar on Thursday said it has crossed the 100-million subscriber mark in India, becoming the third mobile operator in the country to do so after rivals Bharti Airtel and Reliance communications.
Anil Ambani led Reliance Communications (RCom) on Monday launched its 3G services in four circles making it the second private operator after Tata Teleservices to start the service this year.
Bharti Airtel on Thursday submitted its bid for 3G spectrum, auction for which starts from April 9.
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.
The Telecom Dispute Settlement Appellate Tribunal (TDSAT) upholds government's decision on dual technology for RCom.
The company's debt is around four times its earnings before interest, taxes, depreciation and amortisation, raising concerns among investors as well as stock analysts.
The government will start allotting third generation (3G) spectrum from Wednesday to successful bidders, including Bharti Airtel, Reliance Communications and Vodafone Essar, among others. A senior DoT official, said the allotment of 3G spectrum will start on Wednesday.
Senior official from the department of telecommunication said the deck has been cleared and the department will handover the spectrum to the operators on Wednesday.
Airtel, Vodafone-Essar favour delinking; Reliance, Tata oppose.
RCom had won 3G spectrum in 13 circles, including Delhi and Mumbai.
Users can use the 'Search' option for searching videos across various categories and download it to their GSM mobile phones, while the 'Upload' option makes uploading videos from mobile phones easier.
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