The two companies were earlier expecting to complete the merger formalities and regulatory approvals by June 30 and to start operating as one entity from July 1.
Bharti Airtel is rolling out last-mile connectivity with a target of reaching over 20 mn addressable households in 90-100 cities in the next 3 years
Aircel executives said the company could offer value to big boys like Airtel or Jio as a low-end mobile services brand
Analysts say that Jio's substantial slowing down in net additions is possibly because the company has dramatically reduced its bundled 4G feature phone offering, which contributed an average 30-40 per cent of its net additions.
The long-overdue consolidation makes indebted RCom an even more attractive partner for a soon-to-launch upstart led by older brother Mukesh.
Idea Cellular will have to furnish an undertaking that it will entertain all the liabilities whenever a final decision is taken by the courts
The famous Nokia 8110 comes back to life in a new avatar after 22 years!
India has around 355 million Internet users, second only to China, says a report
How Bajaj, Colgate, Raymonds, Zee lost out.. Strategic errors have hurt many companies, says adguru Sandeep Goyal.
In a dig at Jio's Rs 1,500 4G-enabled feature phone, the Sunil Bharti Mittal-led company said its smartphone would be made available for the price of a feature phone
Ambani has unveiled an over Rs 1.8 trillion capex plan for the next three years.
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.
Nokia has managed to enter the top-five list in the feature phone market within six months of its comeback
Reliance announced a rights issue of Rs 53,125 crore, which it said was the biggest in India.
In a meeting on Thursday evening, the RCom management, led by CEO Punit Garg, requested the bank representatives to release Rs 260 crore it received as I-T refund so that it could repay the dues to Ericsson.
Trai's move is seen as a relief for the debt ridden sector and the industry body COAI expects that continuing with six paise mobile call termination charge will not have any impact on consumers as operators have already absorbed this charge in their recently increased mobile call and data rates.
'We are in the middle of an unprecedented SIP revolution.' 'Monthly inflow through SIPs will be Rs 15,000 crore to Rs 20,000 crore soon.' 'Traditional avenues of Indian savings like bank fixed deposits, gold or real estate are no longer attractive to invest.'
Nearly $120 bn will come from private sector
Total income from operations, however, dipped 27 per cent to Rs 68,261 crore.
Bharti Airtel's total revenue for the December 2018 quarter stood at Rs 20,519 crore, just one per cent higher than the Rs 20,319 crore in the corresponding period of the previous year.
The Note 7 features 5.7-inch display, 12MP rear and 5MP front camera, 64GB onboard memory and 3,500 mAh battery
Analysts cautious on outlook, expect earnings to remain under pressure over medium term.
With their net debt estimated at Rs 1.15 trillion, the merged entity will not be in much of a position to dole out freebies, says Romita Majumdar.
The Mukesh Ambani-owned company had complained to Trai about incumbents offering segmented offers to different customers
Gains were led by index heavyweights with Reliance Industries contributing the most.
'Spectrum payment to push up telcos' debt to Rs 3.5 lakh cr'
Reliance Communications could become a much more formidable opponent.
The number of telephone subscribers in India increased from 1,183.15 million at the end of May to 1,186.63 million at the end of June.
He alone gets the credit for reviving consumer interest in Ayurveda, says Bhupesh Bhandari.
India's huge digital prowess and potential will play a huge role in enabling digital lending, says Romita Majumdar.
The RBI governor's assurance should give investors enough confidence to start believing in the NBFC sector again, say bankers.
7 rounds have been completed with bidding in all 4 bands
In the not too distant future, you could see 5G technology being used for functions such as remotely-performed robotic surgeries, mine equipment operated remotely or cars driven by someone sitting hundreds of miles away. While these ideas will certainly find application globally, the urgent need for them in India could spur swifter adoption here than elsewhere.
The sharing agreement will provide more bandwidth for RJIL to provide its high-speed 4G services.
Tamil Nadu Election Candidates, TN 2016, Deepika Election Live, Thanjavur Election are some of the apps keeping people hooked to their handsets.
Customers may lose freebies or have to pay a little more for mobile services in the days ahead as operators try to make up for Rs 61,100 crore they have committed to government in the latest spectrum auction.
'What amazes me the most is that today users communicate with voice-activated speakers like as if they were talking to another human being, using words like "please," and "thank you," and even "sorry"!', says advertising guru Sandeep Goyal.
Consolidated revenue rose to a record Rs 163,854 crore.
Events to keep an eye out for...
Bharti Airtel is the largest mobile phone operator in the country.
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