Its says reconsider lower reserve price, uniform usage charges; GSM players to bear the brunt.
India's largest-ever spectrum auction kicked off on Saturday with major telecom operators placing bids worth Rs 53,531 crore across bands, even as the premium 700 Mhz and 900 Mhz frequencies did not find any buyer.
TRAI may recommend the DoT to levy one-time non-refundable fee of Rs 50,000 per operator for each service area in which they opt for spectrum sharing.
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
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.
The Supreme Court on Friday directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them for non-compliance of its order to pay adjusted gross revenue (AGR) of Rs 1.47 lakh crore to the department of telecommunications.
Given the escalating cost of doing business, the revenue opportunity is decreasing and consolidation is an inevitable part of the industry.
Govt is set to garner Rs 1 lakh crore from sale of radiowaves.
Some investment bankers expect the Indian currency to touch 60-65 by the end of the year
The companies will jointly launch the Windows 8.1 powered 10.1 inch Hewlett-Packard Omni10 tablet with embedded content from Pearson and Microsoft Office in the higher education space.
The amount generated so far is about 86 per cent of what the 3G auction fetched in 2010.
The country's wireless subscriber base fell to 87.05 crore at the end of September, registering the first drop in five months, after Reliance Communications deactivated services of over 1 crore "unprofitable" users.
Following the October 24 Supreme Court order, the department of telecom estimated that the total liability of 15 telecom companies, including penalties and interest, would be Rs 1.47 lakh crore.
Upfront payment of Rs 32,000 cr just half of Budget estimate; no takers for 700 & 900 megahertz bands
China Development Bank takes Reliance Communications to NCLT over loan default
Decision to build or buy a platform is a function of price but buyouts are helping large investors create a medium and influence outcomes.
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.
Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain
Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
A crown of thorns awaits the next telecom minister at Sanchar Bhawan as the new incumbent will have to address a host of tricky issues like industry infighting, tariffs and improving financial health of the Rs 2.3 lakh crore industry.
Inflation is down, growth is headed for recovery. RIL and subsidiary Jio are on an upswing. However, stressed loans and impending job losses are the dark clouds, says Devangshu Datta.
Spectrum was sold at about 68 per cent premium.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Market breadth was weak with 1,260 advances and 1,597 losers on the BSE.
Ambani's $15 bn bet will upend Indian telecom
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.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
The company will wait for sizeable user base for better valuation.
The freebies are now over, but Jio will need to notch up subscriber numbers and margins to prove its sceptics wrong.
Sebi also ordered freezing the voting rights and corporate benefits of promoters of these companies.
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.
A look at the life and times of maverick businessman Chinnakannan Sivasankaran
Lt Governor says discoms must cooperate or face cancellation of licences. Ficci cries interference.
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt.
Chinese telcos hold 60-100 MHz of spectrum, while Indian companies hold 13-15 MHz of spectrum.
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
T N Ninan lists a few David-Goliath encounters in the Indian markets, all of which make life interesting, though difficult if you are an investor looking for the next multi-bagger.
Srei Infrastructure's vice-chairman -- and former Assocham president -- Sunil Kanoria discusses the Kanoria businesses and his impression of the Modi government with Ishita Ayan Dutt and Namrata Acharya.
Of the two big players, while Bharti Airtel can leverage its existing subscriber base, newcomer Reliance Jio will have to wean away subscribers from the incumbents
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