The Telecom Commission is considering imposing fines of Rs 400 crore (Rs 4 billion) on seven telecom service providers for delay in commissioning of services. A note for this purpose was put up for consideration last month.
Private telecom company Reliance Infocomm on Wednesday launched an 'incoming only' recharge voucher for subscribers, who do not have much outgoing call needs.
Mobile subscriber base touched 5.29 crore (52.9 million) in April with the addition of 396,000 CDMA based mobile users during the period.
The CPI(M) on Friday renewed its demand for sacking of TRAI chief Pradeep Baijal and a full-scale probe into the entire 'scam.'\n
US based telecom software company Sotas Inc said on Wednesday that it would invest $3 million in its research and development unit at Gurgaon besides doubling its headcount to 100 from the current 50.
Tata Indicom, which is to launch its Code Division Multiple Access-based wireless in local loop services in Mumbai on Wednesday, has priced it below that of its competitor, Reliance Infocomm.
CAG said that Reliance Infocomm and Tata Tele Services Ltd have caused a loss of Rs 184 crore to 3 state-run insurance firms between 2002-05 on risk cover for mobile handsets and default payments.
The Reliance Infocomm launch, an aggressive advertisement and the thrust into varied areas spell out the AmbanisÂ’ big dream. But the absence of Anil Ambani at the launch has puzzled many, says Sucheta Dalal.
In the third infrastructure sharing agreement between firms run by brothers Mukesh and Anil Ambani, Reliance Industries' telecom arm has agreed to use Reliance Communication Ltd's intra-city fibre network to roll out 4G services.
Interrupting a two-month streak of decline, outward foreign direct investment (FDI) rose sequentially to $1.85 billion in July over $1.07 billion in June, an increase of 73 per cent. However, it was lower than the $2.18 billion in July last year, according to the Reserve Bank of India data. Outbound FDI, expressed as financial commitment, has three components - equity, loans, and guarantees.
MAMI will showcase over 250 films spread across 10 days from October 27 to November 5.
With the latest spectrum acquisition, the telecom venture would be the holder of the largest quantum of liberalised spectrum.
The company has similar pact with Bharti Infratel.
On Monday, Ambani had said the Reliance group was open to join hands with Bharti Airtel for improving telecom network for 4G services in Punjab.
The optic fibre cable infra was with Jio Digital Fibre and the tower infra with Reliance Jio Infratel
Reliance Jio Infocomm, expected to start commercial operations in the Indian telecom space in the next few months, had a net worth of Rs 5,026.16 crore, the company said in a statement submitted to the Department of Telecommunications (DoT) on Monday.
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