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.
Vodafone-Idea (Vi) has said the key hurdle it faces in raising fresh funding, despite interest from investors, is the 'pricing situation' which is also the reason why it has asked the Department of Telecommunica-tions (DoT) for another extension of the moratorium on payment of spectrum instalment by one more year. Responding to a question during an analysts' call on Friday after its quarterly results on the reason for the delay in fund-raising nine months after it was announced, CEO & MD Ravinder Takkar said: "We are in discussions with investors. There is continued interest in investing in the telecom sector in the country. "The biggest hurdle is that the overall industry is under stress because of the pricing situation." He said that once tariffs go up, it will create a significant amount of confidence.
Mukesh Ambani's Reliance Industries Ltd is preparing to apply for permission to set up a nation-wide broadband telecom network for internal (non-commercial) use.
The DoT has issued long-awaited migration guidelines which pave way for Internet service providers (ISP) like Reliance Jio Infocomm and Tikona, that have BWA spectrum, to offer mobile telephony service by paying an extra fee of Rs 1,658.57 crore (Rs 16.58 billion).
Mamata launched the 'Jionet' brand Wi-Fi service.
Reliance announced energy asset sales worth around $ 16 billion; end of the investment cycle in telecom; bringing net-debt to zero in 18 months; value-unlocking options for real estate and financial assets; listing of telecom and retail in five years; and focus on dividends.
The sharing agreement will provide more bandwidth for RJIL to provide its high-speed 4G services.
Says spending $3 billion every year on networks alone
Nokia and Reliance Communications have joined hands to market the Nokia 1255 mobile handset that costs just Rs 1,999. \n
Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said.
RJio will further add bottomline pressures on the already struggling telcos that will ultimately be forced to consolidate
India Inc's quarterly net profit reached a record high of Rs 1.64 trillion in the third quarter ended December 31, 2020, mainly due to gains from higher commodity prices and a big swing in banks' earnings. The combined net profit of 3,323 listed companies that have declared results so far was up 68.6 per cent year-on-year (YoY). In comparison, earnings were up six times (534 per cent) in the second quarter and 6.5 per cent in the corresponding period last year.
The highest number of requests are in Karnataka (39.18 million) and Tamil Nadu (35.56 million).
Companies are ranked by total revenues.
Sunil Bharti Mittal's Bharti Airtel retained the top rank with a market share of 33.21 per cent and a total user base of 77.48 million. Vodafone-Essar added 1.87 million and maintained a market share of 23.41 per cent. COAI, which does not include Reliance Telecom, estimates RT added at least 370,000 subscribers in the month,
The national budget 2019-20 had an outlay of Rs 10,000 crore for Phase-II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles scheme to boost electric mobility and increase the number of EVs in commercial fleets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Mobile service provider Reliance Infocomm on Saturday said it has launched a special service, through which subscribers of Reliance IndiaMobile can light a candle at Velankani Church in Tamil Nadu
When Sheena got down from his car on the evening of April 24, 2012, Rahul says she told him, "Bye. Love you. See you later."
Reliance Infocomm, in association with Indian Railway Catering and Tourism Corporation Ltd (IRCTC), has launched the railway ticket booking service through Reliance India Mobile in 120 Indian cities.
India now has 402 million internet users - second only to China.
R World tariff structure has been devised keeping in mind customer convenience, affordability and flexibility of use.
Reliance Communications, India's second-biggest mobile operator, has decided to demerge its telecom tower business -- Reliance Infratel (Rel Infra). The company's board has approved a proposal to restructure the ownership of the tower firm to help create an independent tower company.
Pricing is a vital part of strategy to take high speed broadband to 265 million homes
The total number of telephone connections in the country crossed the record one billion mark in May, bolstered by growth in number of mobile users.
Jio is planning to win over 350 million 2G feature phone users by launching a smartphone at a fraction of the current cost.
TTSL is now behind only Bharti Airtel, Reliance Communications and Vodafone, the company said in a statement.
The mobile games will be available globally and the price points will vary from market to market. For instance, in India Jump Games will operate in two models pay-per-play and perpetual download.
While it was not directly suggested that the COVID-19 pandemic was related to biological warfare, it is significant that the government is exhorting military laboratories to work concertedly on biological defence.
American Tower bulks up in India with $1.2 billion Viom stake buy
We must seize the opportunity provided by the COVID-19 crisis to kick-start indigenous research efforts, recommends Colonel Anil A Athale (retd).
The firm earned $11.6 on turning every barrel of crude oil into fuel in the quarter.
'2.0 ends up looking like a downgraded version of a promising idea,' notes Sukanya Verma.
Initially, RCom users will be able to create their own caller tunes and ringtones by uploading the content through RCom's web interface.
Reliance Communication has launched 'Classic 732' at a price of Rs 999, the lowest in Indian market. Earlier in May, the company had launched the Classic monochrome phones at a price of Rs 777.
India's third largest network service provider, Reliance Communications (RCom), is close to signing an agreement with US-based GetJar to launch its own application store (app store, software modules to run specific tasks on own mobiles), sources said.
Most of the markets it is now looking at in hopes of gaining the next billion internet users have demographics similar to that of India.
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