News for 'Vodafone and Airtel'

Jio likely to grab 51% revenue market share in 3 years

Jio likely to grab 51% revenue market share in 3 years

Rediff.com7 Jan 2019

Airtel and Vodafone Idea are also trying to expand the penetration of 4G users in their subscriber base as they take this network to the hinterland

'5G is a long haul'

'5G is a long haul'

Rediff.com16 Jun 2022

'We showcased about 20 use cases in 5G trials in Pune and Gandhinagar and some of them were interesting and innovative.' 'However, which ones will take off and which ones would not be relevant, we don't know yet.'

RIL denies any intent to bid for UK telecom group BT

RIL denies any intent to bid for UK telecom group BT

Rediff.com29 Nov 2021

Reliance Industries on Monday categorically denied any intent to bid for the UK telecom group, BT. RIL dismissed a report titled `Reliance mulling bid for UK's telco BT Group' as "completely speculative and baseless". "We categorically deny any intent to bid for the UK telecom group, BT, formerly British Telecom, as reported in the article...," Reliance Industries Ltd (RIL) said in a communication to BSE.

No fresh equity to be infused in cash-strapped Voda Idea

No fresh equity to be infused in cash-strapped Voda Idea

Rediff.com29 Sep 2021

Vodafone plc has made it clear that it will not make any fresh equity infusion in its Indian telecom business--Vodafone Idea Ltd (VIL). Responding to a query, a spokesperson at the UK-headquartered telco said: "Just to confirm our position, there will be no new equity infusion from Vodafone Group." This is the first time that Vodafone has spoken about its stand after the government announced a telecom package.

Outstanding dues: Jio pays about Rs 10,700 cr to DoT

Outstanding dues: Jio pays about Rs 10,700 cr to DoT

Rediff.com28 Oct 2021

Reliance Jio has paid about Rs 10,700 crore to the telecom department towards outstanding amount for spectrum acquired in 2016 auction, sources said. The payment was made by Jio last week, sources added. With this, the company has made full payment with regard to spectrum bought in 2016 auction, and the outstandings now pertain to 2014, 2015 and 2021 auction.

Now, Jio plans to hike mobile tariffs

Now, Jio plans to hike mobile tariffs

Rediff.com19 Nov 2019

The statement came a day after Bharti Airtel and Vodafone Idea Ltd announced a hike in call and data charges from next month.

1st in 7 months: Number of mobile subscribers falls

1st in 7 months: Number of mobile subscribers falls

Rediff.com23 Nov 2022

The number of mobile phone subscribers in India decreased by 3.66 million in September to 1.17 billion, representing the first fall in seven months, according to the latest data released by the Telecom Regulatory Authority of India (Trai). The number of subscribers had last fallen by 3.7 million back in February. In recent months, it rose by 1.08 million in August, 0.64 million in July, and 1.89 million in June.

Nokia to scale up mfg in India by 1.5x to support its 5G service rollout

Nokia to scale up mfg in India by 1.5x to support its 5G service rollout

Rediff.com5 Oct 2022

Telecom gearmaker Nokia will boost its manufacturing capacity in India by 1.5x over the next few years to support the 5G services roll-out, said Tarun Chhabra, the company's country head of mobile networks business. Nokia is supplying network equipment to Bharti Airtel and Reliance Jio for their 5G networks from its plant in Chennai. Vodafone Idea is yet to finalise its contract as it awaits fresh funding.

Spectrum auction enters 33rd round of bidding on fifth day

Spectrum auction enters 33rd round of bidding on fifth day

Rediff.com7 Feb 2014

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.

India's rural mobile phone base slips further

India's rural mobile phone base slips further

Rediff.com26 Jun 2019

According to telcos and analysts, this is due to SIM consolidation happening after the minimum recharge plans were implemented by incumbents.

Why DGCA Wants Airline Altimeter Upgrades

Why DGCA Wants Airline Altimeter Upgrades

Rediff.com6 Jan 2024

'We have informed the government multiple times that the situation in the US and India are different.' 'Here, there will be a 500 MHz gap in the frequencies which will safely allow aviation without interference.'

5G auction receives bids worth Rs 1.49 lakh cr on Day 2

5G auction receives bids worth Rs 1.49 lakh cr on Day 2

Rediff.com27 Jul 2022

With better than expected Rs 1.45 lakh crore bids coming in on the first day, the auction of 5G spectrum entered the second day on Wednesday with the opening of the fifth round. Firms run by tycoons Mukesh Ambani, Sunil Bharti Mittal and Gautam Adani as well as Vodafone Idea are participating in the e-auction to buy fifth-generation (5G) airwaves. The government received confirmed spectrum bids worth Rs 1.45 lakh crore after the completion of four rounds of spectrum bidding on the opening day on Tuesday.

Satellite spectrum: Reliance Jio sends second legal opinion to Trai

Satellite spectrum: Reliance Jio sends second legal opinion to Trai

Rediff.com4 Sep 2023

Reliance Jio has sent a second legal opinion to the Telecom Regulatory Authority of India (Trai) on the subject of the potential allocation of satellite spectrum. The letter is written by retired Supreme Court Justice L Nageshwara Rao and argues in favour of auctions, stating that any other method for allocating spectrum apart from auctions could be constitutionally unsound. Business Standard has reviewed the letter.

Can Reliance Jio change the rules of the 5G game?

Can Reliance Jio change the rules of the 5G game?

Rediff.com15 Aug 2022

It came as a surprise to all stakeholders - competing telecom companies (telcos), most analysts and even the government's internal projections on revenues from the 5G auctions. Reliance Jio disrupted all calculations by paying a stiff Rs 40,000 crore to buy 10 MHz of spectrum in the 700-MHz band, globally considered a key band for efficient 5G service coverage, along with the default 3.5 GHz band and the ultra-high speed and low-latency millimetre band of 26 GHz band. So what made Jio pay almost 45 per cent of its total spend in this auction for the 700 MHz band - much more than what it rustled up even for the 3.5 GHz band?

Only Adani Permitted To Set Up Private 5G Network

Only Adani Permitted To Set Up Private 5G Network

Rediff.com15 Dec 2022

Adani Data Networks said it plans to create a private 5G network for its operations. However, it acquired the spectrum in the last 5G auction alongside three telecom companies. Subsequently, it was granted a unified licence for access services, which enables it to provide telecom services in the country.

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Govt takes Rs 12,489 cr hit as telcos understate revenue: CAG

Rediff.com11 Mar 2016

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.

Green signal for 5G trials but Chinese vendors kept out

Green signal for 5G trials but Chinese vendors kept out

Rediff.com5 May 2021

The Department of Telecom on Tuesday approved applications of telecom companies -- Reliance Jio, Bharti Airtel, Vodafone Idea and MTNL -- for conducting 5G trials but none of them will be using technologies of Chinese entities. The list of telecom gear makers approved for trials include Ericsson, Nokia, Samsung, C-DOT and Reliance Jio's indigenously developed technologies.

Jio's new offer dampens tariff hike talk, adds to Vi's worries

Jio's new offer dampens tariff hike talk, adds to Vi's worries

Rediff.com2 Mar 2021

The new offer is part of its strategy to turn India to an exclusively 4G market.

Benchmark indices end mixed; RIL saves the day

Benchmark indices end mixed; RIL saves the day

Rediff.com17 Jan 2020

In percentage terms, IndusInd Bank, SBI, HDFC, ICICI Bank and L&T were among the top losers. On the contrary, Bharti Airtel, Reliance, Sun Pharma, HCL Tech and Maruti Suzuki emerged as major gainers.

Jio, Bharti may see 5-7% sequential revenue rise

Jio, Bharti may see 5-7% sequential revenue rise

Rediff.com6 Oct 2021

Telcos Reliance Jio and Bharti may post a 5-7 per cent sequential rise in revenue with a steady margin for the second quarter of FY22, according to Jefferies. Bharti's growth will be led by segmented tariff hikes taken in the second quarter ended September, while Jio's growth will be driven by continued subscriber growth, it further said. Jefferies expects the outlook on tariff hikes for Bharti, further details on JioPhone Next for Jio, and tenancy outlook for Indus Towers to be the key things to watch for in the September quarter.

TDSAT upholds telcos' 3G roaming agreement, quashes fines

TDSAT upholds telcos' 3G roaming agreement, quashes fines

Rediff.com29 Apr 2014

In July 2012, TDSAT gave split verdict where one of the bench member ruled in favour and other member ordered against it.

Bharti, Vodafone to extend 3G services

Bharti, Vodafone to extend 3G services

Rediff.com14 Mar 2011

Bigger telecom companies are likely to get a bigger share of the 3G subscribers as they own high average revenue per user customers, who are more likely to sample premium services like 3G.

Telcos up in arms over free spectrum to Railways

Telcos up in arms over free spectrum to Railways

Rediff.com30 Jul 2019

Bharti Airtel, Reliance Jio, Vodafone Idea said the Railways should not be permitted to offer commercial services like Wi-fi and voice and video communication.

Adani's Rs 20,000 Crore FPO Is Not A Record

Adani's Rs 20,000 Crore FPO Is Not A Record

Rediff.com5 Dec 2022

Adani Enterprises' proposed Rs 20,000 crore (Rs 200 billion) fundraising via fresh issue of equity shares through a public offer would be the fourth biggest by Indian companies, excluding banks and non-banking financial companies.

How Voda Idea readies to fight rivals

How Voda Idea readies to fight rivals

Rediff.com23 Nov 2018

The management plans to invest Rs 27,000 crore in 2019-20, supported by savings of around Rs 14,000 crore that it expects to come from synergising operations of merged entities.

Vi plans to get back in the game but fundraising a challenge

Vi plans to get back in the game but fundraising a challenge

Rediff.com7 Feb 2023

Vodafone-Idea is working on a multi-pronged strategy to begin its long journey to get back in the game but much hinges on how much money it can raise following the government's decision to go for equity conversion last week. Based on discussions with sources aware of the company developments and with vendors, VIL's immediate plan is to invest in increasing 4G coverage to the level of its competitors. Currently, it covers a 1 billion population with 4G while its competitors cover 1.2 billion people.

Mobile user base suffers biggest fall since April 2018

Mobile user base suffers biggest fall since April 2018

Rediff.com22 May 2019

Mukesh Ambani's Reliance Jio, however, continued to add wireless subscribers

Sensex rises 186 points; RIL rallies 4% to all-time high

Sensex rises 186 points; RIL rallies 4% to all-time high

Rediff.com19 Nov 2019

RIL became the first Indian company to hit the Rs 9.5 lakh-crore market capitalisation level. Shares of Bharti Airtel soared 7.36 per cent and Vodafone Idea rallied 34.68 per cent after both the companies announced a hike in mobile phone call and data charges from December.

All telcos, except Jio, fail Trai's call drop test

All telcos, except Jio, fail Trai's call drop test

Rediff.com16 Nov 2018

According to the quality of service rules, not more than 2 per cent of total calls in a telecom circle on a network should automatically get disconnected.

VIL to opt for 4-year moratorium on spectrum payments

VIL to opt for 4-year moratorium on spectrum payments

Rediff.com20 Oct 2021

Vodafone Idea on Wednesday said its board has approved availing the four-year spectrum payment moratorium being offered by the government as part of its relief package for the telecom sector. The other options offered in the Telecom Department's notification will be considered by the board of directors within the stipulated timeframe, it said in a regulatory filing. "...we wish to inform you that the Board of Directors of the company has approved the exercise of the option of deferment of the company's spectrum auction instalments for a period of 4 years (October 2021 to September 2025) in accordance with ...the notification dated 14 October 2021 issued by the Department of Telecommunications (DoT) to the company," it said.

Jio's cashback offer to escalate competition

Jio's cashback offer to escalate competition

Rediff.com7 Oct 2021

Mukesh Ambani-led Reliance Jio has introduced a 20-per cent cashback offer on select prepaid plans, intensifying competition in the Indian telecommunications (telecom) market. Jio is the largest telecom service provider in India, with 443 million subscribers as of July. Jio's cashback offer will drive cross-selling across Reliance's various retail businesses, but the move is also being seen by some analysts as a signal that tariff hikes may not be around the corner just yet.

Why Voda Idea's options for survival are narrowing

Why Voda Idea's options for survival are narrowing

Rediff.com14 Jul 2021

Vodafone Idea Ltd (VIL) CEO Ravinder Takkar did some plain speaking. In an analyst call after its quarterly results recently, Takkar said that the main stumbling block to raising fresh capital from investors is "pricing" - telecom tariffs, in other words. Nine months ago, the telecom company's board had cleared a proposal for raising Rs 25,000 crore from investors, after the promoters made it clear that they were not ready to pump in more money. But potential investors are concerned that without clarity on tariff hikes (there have been none for more than 18 months) they might just lose their money. The lack of visibility on raising tariffs has also impelled VIL to request the Department of Telecom (DoT) for a fresh reprieve by extending the two-year moratorium on paying its spectrum instalment of Rs 8,200 crore for another year till FY23.

Voda-Idea need to tackle challenges within to face Jio's threat

Voda-Idea need to tackle challenges within to face Jio's threat

Rediff.com18 Apr 2018

Evolving a common work ethic and culture will be critical so that the merged entity does not lose focus on the common enemy outside -- and instead becomes more obsessed with internal turf wars.

Telecom service providers log in to AI filter to stop pesky calls: Trai

Telecom service providers log in to AI filter to stop pesky calls: Trai

Rediff.com3 May 2023

Telecom service providers (TSPs) have begun to monitor and prevent spam calls since May 1, with the help of an artificial intelligence and machine language-based system acting on the Telecom Regulatory Authority of India's (Trai) latest directive on the matter, its officials told Business Standard. Touted as the first big technological measure against the growing menace of unsolicited commercial communications, all TSPs have confirmed to Trai that they have rolled out the AI/ML tool. The filter system works on the distributed ledger technology (DLT) platform used by TSPs, and is set to go for incremental updates, rules for which will soon be released, they added.

Should you buy JioPhone Next? Here's what experts say

Should you buy JioPhone Next? Here's what experts say

Rediff.com9 Nov 2021

Reliance-Google's new smartphone has got mixed reviews from analysts and brokerages. The phone pricing is seen unattractive for low-end customers and bundled offers are being viewed as non-disruptive. While this could slow the pace of adoption, it could set the stage for tariff hikes in the industry, feel analysts.

Jio overtakes BSNL, is India's largest landline service provider

Jio overtakes BSNL, is India's largest landline service provider

Rediff.com19 Oct 2022

The development marks a watershed moment in India's telecom history since fixed-line or landline connections formed the final segment where a State-owned operator was in the top spot.

Reliance Jio's purchase of 700 MHz likely to give it edge over rivals

Reliance Jio's purchase of 700 MHz likely to give it edge over rivals

Rediff.com10 Aug 2022

Reliance Jio's decision to acquire 700 MHz in combination with the possible use of an advanced standalone (SA) 5G network could give it an edge over its rivals, according to most analysts. The dissenters argue that the stiff price tag touching Rs 40,000 crore to grab 10 MHz of spectrum in 700 to provide coverage for its SA 5G network which offers ultra-low latency (unlike non-standalone or NSA), has a long way to go in India in terms of finding use cases that can be monetised. Globally, 700 MHz is a pivotal band which provides huge coverage, indoor penetration (especially useful in India where walls are thick) and is already considered by the European Union to be the 'pioneer band' for 5G, with 3.5 GHz and 26 GHz, both of which were auctioned in India recently.

One week, Rs 1.47 lakh cr dues: What will telcos do?

One week, Rs 1.47 lakh cr dues: What will telcos do?

Rediff.com17 Jan 2020

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.

Will India succeed to ring in 5G in 2022?

Will India succeed to ring in 5G in 2022?

Rediff.com23 Dec 2021

A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.