Reliance Jio test launched its services last December, but dates for commercial launch has not been announced.
Bharti Airtel Ltd led the signings, adding 2.73 million subscribers in February to take its mobile customer base to 91 million. Vodafone Essar Ltd, controlled by Britain's Vodafone, added 2.5 million users in the month, to take its subscriber base to 65 million, data from the Cellular Operators Association of India showed.
Airtel, Vodafone, Idea, RCom, Reliance Jiosubmitted applications.
The merger will result in substantial cost and capex synergies with an estimated net present value of around USD 10 billion after integration costs and spectrum liberalisation payments, with estimated savings of USD 2.1 billion annually from the fourth year of the merger.
While Vodafone will hold 45.1% of the shares in the new entity, to be renamed at a later stage, Kumar Mangalam Birla and other promoters of Idea group will hold 26%. Vodafone India will also transfer 4.9% of its shareholding to Idea's promoters for a cash consideration of Rs 38.74 lakh crores.
The company has increased the cost of 1 GB of 3G internet usage to Rs 156 from Rs 123 it charged earlier.
But the road map of telecom will be decided by one thing: Whether Jio sticks to its ambitious plan and whether incumbents have enough financial muscle or ability to raise money every year to ensure that Jio does not reach its target, says Surajeet Das Gupta.
Despite the uncertainty surrounding the future of the Unique Identity (UID) project, or Aadhaar, the Reserve Bank of India (RBI) is testing a mobile-based payments system linked to this platform.
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.
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
Taking the pole position among other operators, Reliance Jio logged download speed of 19.12 mbps during April, even bettering its own performance of 18.48 mbps demonstrated in the previous month
It has suggested OTTs be subject to the same security requirements that a traditional TSP has to adhere to.
Analysts believe making mobile data more affordable will fuel mass market adoption of data services
'We are targeting the 5G tender around January-March 2023.'
Reliance Jio Infocomm has announced that it would launch commercial 4G services in 6 to 8 weeks.
Listed companies' net profit as a percentage of gross domestic product (GDP) has hit a decadal high and is expected to edge even higher over the next two financial years. According to an analysis by ICICI Securities, India's Inc net profit stood at Rs 8.4 trillion, or 4 per cent of GDP of Rs 210 trillion for the trailing 12-month period ending September. This is the highest since financial year 2011-12 (FY12), when it was at 4.6 per cent.
With India rolling out 5G services, can telcos get the sizeable 350-400 million 2G customers to upgrade to 4G, or even better -- but very improbably -- straight to 5G?
The highest number of requests are in Karnataka (39.18 million) and Tamil Nadu (35.56 million).
Telecom industry body COAI has approached the information technology ministry for removal of fake and misleading messages from social media platforms like Facebook, Whatsapp and Twitter linking spread of COVID-19 to 5G technology. The Cellular Operators Association of India (COAI), whose members include Reliance Jio, Bharti Airtel and Vodafone Idea, said the claims linking 5G with coronavirus are baseless as 5G networks have not yet been installed in the country and even 5G trials are yet to be started by the telecom operators. In a letter dated May 15 to MeitY additional secretary Rajendra Kumar, COAI director general S P Kochhar said: "To safeguard the national interest, we request your good office to kindly instruct all the social media platforms such as Facebook, Watsapp, Twitter, etc, to remove all such posts and misleading campaigns from their platforms on an urgent basis." People have been sharing audio and video messages on social media platforms in which 5G towers are being blamed for rise in casualties across the country even though none of the companies have installed 5G technology anywhere in India.
43 rounds of bidding has taken place.
The Department of Telecommunication and mobile service providers, including Bharti Airtel, Vodafone and Reliance Communications failed to reach a consensus on the spectrum issue during a meeting held on Wednesday. According to sources, Reliance Communications Chairman Anil Ambani raised the issue of extra spectrum being held by GSM operators. He asked how over 6.2 MHz of radio waves have been given to GSM players beyond their contractual agreement.
The government is engaged in talks with telecom firms for a launch of commercial 5G services in some cities by Independence Day and has assured them that spectrum auction will take place in April-May, providing them a three to four-month window for the rollout. A top executive of a leading telecom gear company said the deadline was feasible in some cases. "It can be achieved in some cities as it will take us 4-6 weeks to deploy a network, once the equipment or components have reached India.
The move will help telcos, including Reliance Jio, Vodafone, and Idea Cellular
RCom and Tata Teleservices are the top net losers of subscribers under mobile number portability (MNP) services.
Indian consumers, who have waited for months to own the iconic 3G-enabled Apple iPhone, will have to pay Rs 31,000 for the entry-level 8GB memory mobile phone and Rs 36,100 for a model with double the memory.
Operators play a wait-and-watch game, as users take well-informed decisions while moving between networks.
Two leading mobile operators, Vodafone Essar and Idea Cellular, are understood to have increased pre-paid tariffs by up to 20 per cent, in line with the recent Bharti Airtel move. According to industry sources, the tariffs were increased few days ago.
Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.
Telecom companies have been desperately waiting for a bailout package from the government after a Supreme Court order put their statutory liabilities at Rs 1.47 lakh crore.
The Indian market is more in sync with mobile markets of advanced countries like the UK, Japan, and South Korea, where there are fewer players - three to four.
Market share of Airtel, Vodafone & Idea rises to 70% from 60% in 2010 and 50% in 2008.
The announcement quells fears among some telcos that Chinese players might be banned from participating in 5G trials and roll outs.
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
We could not find out anybody's name, CBI lawyer said to the judge.
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
Bharti Airtel Chairman and Managing Director Sunil Bharti Mittal, Vodafone Plc CEO Vittorio Colao, Telenor CEO Jon Fredrik Baksaas and Idea Cellular Chairman Kumar Mangalam Birla on Wednesday met ministers and senior government officials to present the industry's concerns over telecom regulator Trai's proposals on the auction of spectrum.
The stake, which is valued at Rs 8,200 crore at the company's current market capitalisation, will be sold by one of the group companies of Bharti Enterprises.
A day after mobile charges were hiked by leading operators, Telecom Minister Kapil Sibal on Thursday said consumers should be offered the lowest call rates. "We want consumers to be offered calls at lowest rates," Sibal told PTI.
The company wants to woo post-paid customers and rent out its assets to cut debt.
Hazare campaign has some valuable pointers for marketers.
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