Jio beats Airtel, Voda Idea to be top telecom revenue earner at Rs 10,900 cr in June quarter
This assumes significance as Reliance Jio stormed into the highly-competitive telecom sector in September 2016 with its disruptive voice and data offerings, while Bharti Airtel had launched its services way back in 1995.
Jio, Airtel to compete for RCom assets
Private equity firms, AMCs, tower operators among 10-12 firms have submitted EoIs.
Vodafone Idea seeks debt revamp as losses mount, users bolt
The distress at the phone operator deepened last week after the SC ordered it to ...
KK Maheshwari to become UltraTech's first ever vice chairman after stepping down as MD
Kailash Chandra Jhanwar, currently the deputy managing director and chief manufacturing officer at UltraTech will be assuming the role of the company's MD after Maheshwari steps down.
Vodafone Idea denies reports of exiting 6 telecom circles
The highest revenue market share (RMS) loss for VIL was observed in the Metro and A circles, specifically Delhi, Maharashtra, Tamil Nadu, Andhra Pradesh and Mumbai.
Mukesh Ambani advises fellow telecom billionaires how to raise money
Airtel can easily raise Rs 40,000 crore by selling assets, while Voda Idea has no dearth of funds, he said.
Jio becomes India's biggest telecom company; Voda Idea user base dips to 320 million
Jio had pipped Bharti Airtel in May to become the second largest mobile operator with 322.9 million users.
All for fair competition, won’t encourage monopoly: Ravi Shankar Prasad
Ravi Shankar Prasad said the government wants to promote information highways and is keen to have a $5 trillion economy, including $1-trillion digital economy.
FPIs up contrarian bets in Q1, buy into auto, telecom stocks
FPIs invested about Rs 32,000 crore in Indian equities in the June quarter.
Voda Idea, Airtel get longer payment terms from vendors
Nokia, Ericsson, Huawei and ZTE have agreed to payment terms of up to three years besides lowering margins on deals with telcos.
Voda Idea drops 6% on subscriber losses, CEO exit
CEO Balesh Sharma resigned from his post with immediate effect, less than a year into his job.
Released salary payment for July: BSNL Chief
A BSNL employee union had last week claimed that the salaries of employees for July had not been paid on the due date and they had not been informed by the management about when the payments would be cleared.
Will explore all options to protect interest: Vodafone Idea on penalty issue
The penalty on Airtel and Vodafone works out to be about Rs 1,050 crore each; while in case of Idea, it comes to about Rs 950 crore.
Top DoT panel clears Rs 3,050 crore penalties on Airtel, Voda-Idea in PoI issue
The DCC, or the highest decision making body in the Department of Telecommunications (DoT), took the decision at its meeting on Wednesday.
Vodafone Idea CEO Balesh Sharma steps down; Ravinder Takkar to take over
Vodafone Idea's Balesh Sharma has stepped down from the position of chief executive officer, the company said. Ravinder Takkar, currently Vo...
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