Industry experts also feel that acceptance of Trai’s weighted average formula will increase the SUC value of already expensive 4G spectrum in the coveted 700 MHz band.
A person aware of the development told ET that Jose Luis Serrato has moved to India as vice president and head of network services.
RCom, the country’s fourth-largest telco, has been seeking to pare its mammoth debt, pegged at Rs 42,000 crore.
Hase will be based in Mumbai reporting to Group Managing Director, Amitabh Jhunjhunwala, Reliance Group said in an official statement Thursday.
Snail Mobile is looking to shortly enter India, Xu Chongxian, the company's global executive director (mobile markets) told ET.
TAP is developing a mega 2.5 billion oil pipeline spanning 878 km that will extend from the Turkish border to southern Italy, passing through Greece, Albania and the Adriatic sea.
Jaipuria is learnt to have put in his papers last week on personal grounds and may move out of the telecom industry, a person aware of the matter told ET.
Brokerage HSBC expects a lot of the spectrum to remain unsold since 70% of the planned auction receipts are proposed to be driven by take-up in 700 MHz band.
A data service package that promises 8 Mbps will typically max out at 5 Mbps (megabits per second). Wireless connections are even more patchy.
The brokerage said Jio faces a daunting task ahead in generating a 10 per cent pre-tax return on capital employed (RoCE) by the fifth year.
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