The empowered group of ministers (EGoM) on telecom headed by Finance Minister P Chidambaram on Monday decided to impose a one-time fee on incumbent operators prospectively for spectrum beyond 4.4 MHz in GSM and 2.5 MHz in CDMA.
Telecom services provider Reliance Communications (RCom), in a consortium led by IT firm HCL Infosystems, is believed to have bagged the Rs 300 crore (Rs 3 billion) contract for government's national identity card programme, Aadhaar.
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 Supreme Court on Monday refrained from passing any order on a PIL filed against Telecom Minister Kapil Sibal accusing him of reducing a penalty amount favouring Anil Ambani-headed Reliance Communications, saying persons aggrieved can avail remedy under the law.
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.
The Sensex opened with a negative gap of 85 points at 13,823.
The Sensex opened with a positive gap backed by fresh buying in technology stocks
Emirates Telecommunications of the United Arab Emirates, better known as Etisalat, is in discussion with Reliance Communications for a possible merger or acquisition.
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.
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.
Amazon Prime Video has announced 69 assorted Web series and movies, and the slate sure looks interesting.
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.
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.
Reliance Jio has suggested an alternative plan to the The Telecom Regulatory Authority of India (Trai) under which spectrum required by non-geostationary orbit satellite (NGSO) operators to run their gateway terminals should be auctioned geographically, based on districts, rather than circles as done for mobile services. For spectrum which would be required to connect user terminals (like individual homes), Jio has suggested it should be auctioned frequency-wise and exclusively to an operator at a pan-India level. The move is significant as the auctioning of satellite space spectrum has been vehemently opposed by low earth orbit satellite operators (satellites which circle at low altitudes of 200-2000 km).
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.
'We are calling companies to set up assembly plants for mobile phones while all the components are imported.' 'Only the last turn of the screwdriver is done here. And you call it self-reliance, Atmanirbharta, etc.' 'Unless you invest in research, you will not climb up the ladder. But this government is happy getting sub-contract work.'
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.
Leading stock exchange BSE on Tuesday postponed the removal of Jio Financial Services Ltd, the demerged non-banking financial services unit of Mukesh Ambani-led Reliance group, from all the S&P BSE Indices to August 29. Earlier, the stock was scheduled to be removed from the indices on August 24. Jio Financial Services Ltd (JFSL) got listed on the bourses on Monday and hit the lower circuit for the second day in a row on Tuesday.
The Telecom Dispute Settlement Appellate Tribunal (TDSAT) upholds government's decision on dual technology for RCom.
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