The auction will continue on Tuesday as there is still some spectrum left.
The auction will continue on Monday.
The spectrum auction has already generated record amount.
The acquisition will make Airtel the largest mobile operator in the Republic of Congo with around 2.6 million customers, the company said in a statement.
Premiumisation, improving demand aid realisation growth at most large firms
The company is targeting 100 million subscribers in shortest possible time, RIL Chairman Mukesh Ambani said
'You have to hand it to Mukesh for sheer daring.' 'Who else in India would have sunk a stupendous $30 billion in a business that was yet to get a single customer?' 'With that, the older of the Ambani siblings has shown that he is in a class of his own,' says T N Ninan.
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
Operators continued aggressive bidding in 900 MHz band
Jio is targeting to differentiate its services via superior data and an associated ecosystem of content.
Spectrum auction kitty dips to Rs 1.05 lakh crore.
Revenue was also boosted by robust growth in retail business which recorded a 73.6 per cent increase to Rs 11,571 crore
Revenues of Airtel and Idea have been hit by falling realisation and analysts said margins would be affected by higher costs.
There are 29 licences in 18 service areas which will expire in 2015-16.
43 rounds of bidding has taken place.
For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.
Telecom operators continued to place bids for 800 MHz and 1800 MHz bands.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
If the Modi government is going to set new benchmarks of performance, don't expect the majority of his dozen-odd ministers-who-matter with economic portfolios to be making the difference, says T N Ninan.
RJio's aggressive plans will lead to significant impact on listed companies in this space
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
Gains were led by index heavyweights with Reliance Industries contributing the most.
'If you look at voice and data realisations in India, they are the lowest in the world.'
Heavy rains pummelled Mumbai and its suburbs in which two persons died of electrocution and bringing normal life to a grinding halt on Friday with several areas waterlogged.
For Uninor, it is more important to serve customers better in existing circles rather than going for pan-India operations.
Vinod Kumar, Tata Communication CEO has amazing business strategies to enhance topline.
Transcript of Nikhil Pahwa's chat with Rediff readers.