Telcos penalised Rs 3.2 crore for call drop in 12 months; maximum on Voda Idea
According to the data shared, highest financial disincentive of Rs 1.76 crore has been imposed on Vodafone Idea, which includes Rs 1.11 crore on account of call drop in Vodafone network and Rs 65 lakh on Idea, while minimum penalty of Rs 6.5 lakh was levied on Reliance Jio.
Looking at telecom industry demand to fix floor price: Trai
Trai had, in past, vehemently opposed any intervention by the regulator in settin...
Airtel, Jio roll out higher incentives for retailers
The fresh bout of competitiveness comes soon after Vodafone Idea and Bharti Airtel — bat...
Average customer unlikely to pay for outgoing calls, says Jio
The Mukesh Ambani-led telecom operator added that its new plan are offering up to 25 per cent more value than that of rivals.
Fund-raising to boost Bharti Airtel's books: Analysts
Bharti Airtel’s application for permission to increase its foreign shareholding limit to 100 per cent is still pending with the government.
Reliance Jio increases tariffs by up to 40%
The Mukesh Ambani-led Jio, which had started a tariff battle in the sector with its entry in 2016, has increased its headline price plans for the first time since its launch. Its two older rivals had raised their prices earlier this week, also by about 40%.
Telcos shares rise on proposal to fix floor price for data tariffs
Vodafone Idea shares spurted 11.21 per cent to trade at Rs 7.84 apiece in early deals on the BSE.
Telecom tariff hike won’t hurt: Government
The government believes data and voice calls will be the cheapest in the world and lower than four years ago.
COAI promises better tech, network with extra revenue
The industry’s move to raise tariffs will ultimately benefit the customer and the government, COAI said, adding that revenue generated from higher plans will be ploughed back into improving customer experience.
Vodafone Idea tumbles 9% as Birla warns of shutting shop in absence of govt relief
The stock was trading 8.89 per cent lower at Rs 6.66 apiece on the BSE.
Floor price no longer on agenda as telcos set to increase tariffs
A 10% increase in realisations from subscribers may yield about Rs 35,000 crore in revenue over three years.
Jio consolidates RMS leadership in July-September
Jio recently said it would raise tariffs, if directed by Trai, in a manner that does not hurt data consumption or growth in digital adoption. This was a day after Voda Idea and Airtel said they would raise tariffs next month. It has already started charging customers for outbound calls to other networks.
Bharti Airtel and Vodafone Idea move SC, seek review of certain directions on AGR
The telcos have sought a limited review of the October 24 ruling, and haven’t challenged the entire SC order.
Deferment of spectrum payment to provide headroom to telecom sector: India Inc
The government doled out a Rs 42,000 crore relief to debt-laden teleos after it agreed not to take any payments for spectrum they use for the next two years. The Union Cabinet headed by PM Modi approved giving Airtel, Voda-Idea and Reliance Jio an option to avail a two-year moratorium on payments they were supposed to make in yearly installments.
Vodafone Idea, Airtel lose over 49 lakh users in Sep; Jio and BSNL gain: TRAI
As per the data, Bharti Airtel lost 23.8 lakh users in September to take its total user base to 32.55 crore. Similarly, Vodafone Idea lost 25.7 lakh users in the month to take its total user base to 37.24 crore. However, Reliance Jio added 69.83 lakh users in September, taking its total user base to 35.52 crore.
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