Mar 29, 2017 at 20:35 | Source: PTI
Accruals from licence fee payments in the telecom sector have fallen from Rs 3,975.6 crore in the first quarter to Rs 3,450 crore in the third quarter of the current fiscal, the Parliament was informed today.
Mar 23, 2017 at 19:51
With this acquisition, Airtel will be second company, after Reliance Jio, in the country to have pan-India presence in 2300 Mhz band - which has second largest ecosystem of 4G devices.
Mar 03, 2017 at 13:08 | Source: Moneycontrol.com
CLSA feels with recent sharp correction in stock, risks related to tenancy impact due to likely Vodafone-Idea merger are overdone now. These M&A deals in telecom space would be a positive catalyst for Infratel's growth and strengthen its position in the tower space in India, it believes.
Feb 27, 2017 at 16:26 | Source: Moneycontrol.com
From April 1, Airtel will offer free incoming calls and SMSes while roaming across India, and there will be no extra charges on on outgoing calls and data while outstation.
Feb 27, 2017 at 14:30 | Source: PTI
S&P Global Ratings' rating on Bharti Airtel (BBB-/stable/--) is unaffected by the company's plans to acquire the India operations of Telenor ASA, it said in a statement.
Feb 26, 2017 at 12:52 | Source: PTI
The fresh round of consolidation unfolding in the Indian telecom market is likely to yield five major players ensuring "enough competition but not fragmentation of spectrum", Telecom Secretary J S Deepak said.
Feb 24, 2017 at 16:24 | Source: Moneycontrol.com
Analysts feel that the deal could help Bharti stand up to intense competition that will unleash in the telecom space, but the sector overall could see pressure as well.
Feb 24, 2017 at 16:10 | Source: PTI
Yesterday, telecom operator Bharti Airtel announced its decision to acquire Norwegian Telenor's India unit, signalling a fresh round of industry consolidation that has intensified in the wake of disruptive entry of newcomer Reliance Jio.
Feb 24, 2017 at 14:38 | Source: Moneycontrol.com
The Airtel-Telenor buyout coupled with talks of potential Vodafone-Idea merger and Tata Teleservices with RCom-Airtel-MTS combine raise questions whether a consolidation is the best way for telecom companies in view of Reliance Jio's entry.
Feb 24, 2017 at 14:15 | Source: Moneycontrol.com
According to a GSMA report, Indias telecom sector directly employs 2.2 million people and 1.8 million indirectly. Consolidation in the sector could cause nearly a third of these jobs to be shed.