While Indians are increasingly using mobile platforms and technology for various financial transactions and purchases like bill payments, ticket bookings, entertainment, travel and banking transactions, cross border mobile remittance is yet to see the light of the day.
Leading telecom players like RCom, Tatas, Vodafone and Idea Cellular failed to bag a single circle for Broadband services, saying the BWA spectrum price was too high to make a viable business case.
Operators Bharat Sanchar Nigam Ltd, Bharti Airtel, Vodafone-Essar, Aircel, Mahanagar Telephone Nigam Ltd and Idea Cellular might have to fork out over Rs 11,200 crore for having spectrum beyond 6.2 MHz, if the government accepts the Telecom Regulatory Authority of India (Trai) recommendations.
Performance is considered a major reason why Ravi Shankar Prasad might have had to leave telecom.
The 3G spectrum auction evoked an excellent response from mobile operators on day one on Friday, with the reserve price of Rs 3,500 crore (Rs 35 billion) for pan-India operations escalating nearly 12 per cent to Rs 3,913.81 crore (Rs 39.138 billion).
India's third largest telecom operator Idea Cellular joined the data tariff war by slashing 2G mobile internet rates by 90 per cent and 3G tariffs by 30 per cent for six months from November 15.
The freebies are now over, but Jio will need to notch up subscriber numbers and margins to prove its sceptics wrong.
Service was launched in Mumbai in July and it will be expanded across the country in a phased manner
The Comptroller and Auditor General of India, the apex audit body, has decided to audit the accounts of five telcos-- Bharti Airtel, Reliance, Tata, Vodafone and the state-run BSNL-- for 2009-10.
New telecom operators who have been given licences to operate pan-India GSM mobile services are all set to fight a bitter battle with the established GSM players like Bharti Airtel, Vodafone and Idea Cellular.
After 3G auctions, analysts worried over the likely rise in debt and pressure on margins
The Telecom Regulatory Authority of India (Trai) chairman J S Sarma said his recommendation to tweak the existing norms for mergers and acquisitions aims to prevent the union of two big companies or a big and a medium-sized operator, but it provides enough scope for mergers between others.
The bid price for 3G spectrum continues to rise as it touched Rs 10,749 crore (Rs 107.49 billion) for pan-India operations on the 21st day of auction, assuring the government of Rs 43,372 crore (Rs 433.72 billion) in terms of revenue.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The bids for pan-India 3G telephony spectrum touched Rs 8,382 crore (Rs 83.82 billion), up 140 per cent from the base price, on the 14th day of auction on Monday.
Jio is targeting to differentiate its services via superior data and an associated ecosystem of content.
The books of these companies had come under a cloud after it was alleged that many of them had not been paying the goverment's share of revenue by showing the revenue earned under other categories. Under a suggestion of the Telecom Regulatory Authority of India, a special audit of all the integrated telecom companies will be undertaken once in 3-5 years.
3G technology is the latest in mobile communications. 3G stands for 'third generation'. It is the next big revolution in the Indian telecom arena, with all big mobile firms -- Airtel, Vodafone, Idea, Reliance Communications -- in the fray to get a portion of the lucrative pie.
Top three mobile operators spend $13.6 bln in auction
Cellular operators' body COAI had, last year, alleged that the new entrant Reliance Jio was attempting to acquire customers by offering connection loaded with freebies, in the guise of a trial launch.
The launch of services by Jio in September 2016 had disrupted the whole telecom sector, with operators matching low rates to maintain competitive edge
A Parliamentary Committee will discuss the controversial issue of net neutrality on Thursday at a meeting where officials of telecom companies like Airtel, Vodafone and Idea are expected to present their views.
Off-spinner R Ashwin is matching Indian batsmen at their game
A week after Apple began selling iPhone in India, experts believe that the iconic phone is ready to become cheaper by more than 15 per cent to boost sales in the world's fastest-growing mobile phone market.
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.
Spectrum auction ends, brings Rs 1.09 tln to govt kitty.
Half a dozen names are doing the rounds as replacement for Cyrus Mistry as the chairman of the Tata Group.
Telecom operators in India appear to be gung-ho over the prospects of value-added services which help them to differentiate, add substantially to their margins while simultaneously be a precusor to third generation or 3G regime. The recent creative campaigns of majors like Vodafone (ZooZoos), Airtel (R Madhavan and Vidya Balan), Virgin Mobile (music download) and Aircel's (Internet applications) are a case in point.
Solicitor General of India Goolam Vahanvati has said no further allotment of spectrum beyond 6.2 MHz should be made to telecom operators till the report of the committee on its pricing and allocation is received.If the opinion is acted upon, it would affect companies like Bharti Airtel, Vodafone, Reliance Communications, Idea Cellular and Aircel, which have applied for extra spectrum in other circles.
The telecom sector's adjusted gross revenues have grown 13.2% year-on-year in the June quarter.
Investing in special situations can help you tap opportunities that arise during adverse conditions, advises Joydeep Sen.
More companies with unconventional business models to get into messy legal hassles in India.
The FIPB referred the matter to the law ministry today.
The former Australia captain declined to name the players involved but reiterated that he had told them, "I don't want to know about it", and then walked away.
GSM operators added 8.89 million subscribers in June, taking the total number of subscribers using the technology to 315.8 million.
Traditional heavy spenders on cricket properties Vodafone, car maker Hyundai Motors, Reliance Communications and soft drink major Coca-Cola have decided to stay out of the bidding for the sponsorship of the Indian cricket team with the Board of Control for Cricket in India setting a steep base price to Rs 510 crore for a four-year deal for one of cricket's most coveted sponsorships.
Mumbai has fastest 4G speed, Ahmedabad most consistent, says wireless coverage mapping firm OpenSignal
The actual number of people using mobile phones is 2.5 billion, as about a quarter of users are thought to have 2 or 3 mobile-phone connections.
Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and automobiles, reports Krishna Kant.
The operators are willing to accept auction of second generation spectrum beyond what has been contracted. According to them, they are allowed to have spectrum up to 10 Mhz.
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