Tag Archives: Indian Telecom Industry

The government has welcomed telecom giant Bharti Airtel’s plan to acquire Kuwait-based Zain’s African operations, saying it was a deal that would be “attractive and mutually beneficial” for both the partners. Continue reading →

Telecom tariffs have come down significnatly and so does the profitability of the country’s top telecom firms. Telecom companies are demanding a cut in licence fees and spectrum charges promising to pass on that benefit to subscribers. Continue reading →

India’s largest mobile operator Bharti Airtel Limited has revived its african safari once again. The deal may leave out high Average Revenue Per User (ARPU) markets of ZAIN like Morocco and West Asia. Zain is also fighting legal disputes in Nigeria. Continue reading →

Bharti Airtel on Monday announced that it has entered into exclusive talks with Zain Telecom for acquiring its African mobile operations for $10.7 billion. Continue reading →

Tata Teleservices wants the government to look seriously at 4G mobile technology. The demand for 4G comes from operators even as the government has been unable to get the 3G auction off the ground. Continue reading →

Telecom tower companies are quite the flavour of the season. Quippo-Tata Tele has its sight set high and may actually consider an Initial Public Offering (IPO) to get there. Continue reading →

The telcom sector is losing shine. Bharti, India’s largest private telecom player, saw only a small increase in profit, as lower tariffs and high competition squeezes margins. Continue reading →

The Registrar of Companies (RoC) has finally submitted its report on the investigation of Anil Ambani-owned Reliance Communications (RCom) to the ministry of corporate affairs. Continue reading →

The government has postponed the 3G auctions by about 10 days. The auctions are likely to be held around February 20-22. Continue reading →

The per second billing introduced by telecom companies has come as a boon to millions of mobile users in the country but it is proving to be a bane for cellular service providers as it is affecting their revenues, feel industry experts. Continue reading →

Reliance Communications is learnt to have begun talks with strategic and financial investors for selling five per cent stake in its tower unit prior to the planned initial public offering. Continue reading →

Diversified Group GTL on Thursday said it will acquire 17,500 telecom towers of mobile service provider Aircel Ltd for a total consideration of Rs 8,400 crore. Continue reading →

GTL Infrastructure, which on Thursday agreed to buy the tower business of Aircel, plans to have a footprint of 50,000 towers over the next three years, chairman Manoj Tirodkar said here on Thursday. Continue reading →

Diversified Group GTL on Thursday said it will acquire 17,500 telecom towers of mobile service provider Aircel Ltd for a total consideration of Rs 8,400 crore. Continue reading →

Sunil Mittal-owned Bharti Airtel on Tuesday said it will acquire 70 per cent stake in Warid Telecom of Bangladesh for $300 mn (about Rs 1,363 crore). Continue reading →

The government today said it will introduce mobile number portability across the country by March 31, 2010, a three-month delay from the scheduled date of launch. Continue reading →

The heat is on for India’s mobile phone companies who are under the scanner for an alleged fudging of their books and under-reporting of revenues. Continue reading →

Bharti Airtel today said it is looking at acquisitions in the SAARC region, especially in Bangladesh. Continue reading →

In a surprise move that could deprive it of over Rs 5,000 crore in revenue, the government has said the 3G telephony spectrum available with it for sale currently could accommodate only three operators. Continue reading →

The Reserve Bank on Wednesday tightened the guidelines for external commercial borrowings by withdrawing relaxations provided to companies to raise money from overseas debt markets, a move that will contain surge of capital flows. Continue reading →

The government on Monday said in the Lok Sabha that a special audit has observed that Reliance Communication and its other subsidiaries under reported revenues during 2006-07 and 2007-08. Continue reading →

Telecom companies are in a ‘do or die’ price war, but not all of them are unhappy. In fact, this war is proving to be a boon for new entrants, giving them a chance to gain customers. Continue reading →

Telecom major BSNL on Wednesday said its proposed acquisition of Kuwait’s Zain Telecom is on hold, as the state-run firm has not got the required information from domestic company Vavasi, which was trying to rope in the PSU as a consortium partner for the deal. Continue reading →

The government on Tuesday cleared 17 FDI proposals worth Rs 4,551 crore, including a proposal by Analjit Singh and Asim Ghosh to part-sell their stakes in the second largest GSM operator Vodafone. Continue reading →

Tata DoCoMo, the GSM brand of Tata Teleservices Ltd, on Sunday extended its per-second-billing scheme to roaming calls, intensifying the tariff war in India’s fast growing wireless telecom market. Continue reading →