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The Singapore Technologies Telemedia (STT) and Telekom Malaysia (TMI) consortium has pulled out of the transaction for acquiring 47.7 per cent stake in Idea Cellular for a consideration of $390 million.
Government's resolution on the contentious issue of spectrum usage fee seems to have found favour with telecom operators with none of them withdrawing their application from airways auction on the last day on Monday.
Spectrum auction ends, brings Rs 1.09 tln to govt kitty.
IT majors weakened ahead of the September US jobs data and telecom stocks ended lower
Upfront payment of Rs 32,000 cr just half of Budget estimate; no takers for 700 & 900 megahertz bands
The Indian cueist proved too good for former World champion C Praput of Thailand in the final.
Pankaj Advani also made the grade in the fourth Asian Billiards Championship.
Telecom regulator TRAI has asked Hutch and Idea Cellular to stop charging higher rates for calls made to the mobile networks of state-owned BSNL and MTNL as compared to the same made to private GSM operators.\n
Demand for 1,800-MHz weak but govt secures a combined Rs 42k cr on Day-1
Aditya Birla group on Tuesday announced it had concluded acquisition of Tata group's 49 per cent stake in Idea Cellular Ltd for Rs 4,406 crore
Telecom Regulatory Authority of India has issued show cause notices to Bharti Tele, Reliance Infocomm, and Idea Cellular for not adhering to prescribed format for advertising tariffs to consumers.
The Indian national champion will meet C. Praput of Thailand in the title round of the Asian Billiards Championship.
Encouraged by the licence fee cut in the long distance segment, Idea Cellular on Friday said it was looking at the possibility of entering that market but only if it made business sense.
With cellular telephony fast expanding, Samsung on Friday said it has tied up with India's largest cellular operator AirTel for bundling of handsets in all circles.
Nokia has signed a $24 million deal with Idea Cellular for supplying GSM and GPRS network equipment and multimedia services in India.
HDFC Bank on Tuesday ruled out merger with its parent HDFC or acquiring smaller banks in the near future, but said it has embarked on an aggressive organic growth path in India and abroad.\n\n
Jio says it has completed mobile number portability testing and is certified MNP-compliant
Currently, MNP is only available within a state/circle.
Given the escalating cost of doing business, the revenue opportunity is decreasing and consolidation is an inevitable part of the industry.
BSNL, Tata Teleservices and Reliance Communications, who also provide GSM technology-based services, are not part of the report.
IDEA Cellular Limited has come up with a new scheme whereby cell phone users can send forth music messages by dedicating their favourite song to their loved ones with a personalised message in their own voice.
A consortium led by Singapore Technologies Telemedia Pte and Telekom Malaysia Bhd has bid for the one-third stake of AT&T Wireless Services Inc in Indian telecom major Idea Cellular Ltd.
Ashok Shandilya of India suffered a shock defeat against Aung San Oo of Myanmar in a thrilling tie.
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
The minister said the companies have given representation which is being examined by the DoT before taking a final decision.
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