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Spectrum auction bids cross Rs 1 lakh crore mark

Mar 12, 2015 at 21:39 | Source: FirstPost

New Delhi: Government's proceeds from the spectrum auction on Friday crossed Rs 1 lakh crore mark as aggressive bidding took place across all bands on the eighth day of the biggest sale of 2G and 3G airwaves.The amount is expected to rise further as ...

Bonanza! Coal auction revenue beats CAG loss figure, spectrum sale nets Rs 1 lakh cr

Mar 10, 2015 at 09:20 | Source: FirstPost

New Delhi - The auction kitty from sale of coal mines and telecom spectrum today swelled to over Rs 3 lakh crore - exceeding all estimates including by CAG for value ofsuch resources, which have been at the centre of two major scams in the recent yea...

Bonanza for all: Govt gets Rs 3 lakh cr from coal, spectrum auctions; power tariff may fall

Mar 10, 2015 at 08:44 | Source: FirstPost

New Delhi - The auction kitty from sale of coal mines and telecom spectrum today swelled to over Rs 3 lakh crore - exceeding all estimates including by CAG for value ofsuch resources, which have been at the centre of two major scams in the recent yea...

Nifty dips below 8,900-mark as strong US jobs data raises odds of Fed rate rise

Mar 09, 2015 at 11:10 | Source: FirstPost

The benchmark BSE Sensex plunged over 340 points to 29,108.26 and the NSE Nifty dipped below the8,900-mark in early trade today on heavy selling by funds and investors amid weak Asian cues.The 30-share barometer plunged by 340.69 points, or 1.16 perc...

Spectrum auction biggest ever, govt kitty may rake in Rs 1 lakh crore

Mar 09, 2015 at 07:45 | Source: FirstPost

New Delhi: Government has got commitments ofRs 86,000 crore from telecom players at the end of fourth dayof spectrum auction -- crossing the targetted minimum amountof Rs 82,000 crore from the ongoing sale of 2G and 3Gairwaves.The auction will resume...

Spectrum auction: Govt's kitty swells to Rs 86,000 crore on day 4

Mar 08, 2015 at 10:19 | Source: FirstPost

New Delhi: Government has got commitments ofRs 86,000 crore from telecom players at the end of fourth dayof spectrum auction -- crossing the targetted minimum amountof Rs 82,000 crore from the ongoing sale of 2G and 3Gairwaves.The auction will resume...

Second day of spectrum auction ends; bids grow to Rs 65,000 cr

Mar 05, 2015 at 22:36 | Source: FirstPost

New Delhi: The second day of the biggest ever telecom spectrum auction ended today with total bids growing to about Rs 65,000 crore, as the telecom operators bid aggressively across all bands including those for 2G and 3G. The auction will continue t...

Airwaves auction off to strong start, bids near $10 billion

Mar 04, 2015 at 23:30 | Source: FirstPost

MUMBAI (Reuters) - India's latest auction of radio wave frequencies for telecoms networks got off to strong start on Wednesday, with the government receiving bids worth about 617 billion rupees ($9.9 billion), according to bidding data. bit.ly/1B6SA...

2G, 3G spectrum auctions get bids worth Rs 60,000 cr on day one

Mar 04, 2015 at 22:26 | Source: FirstPost

New Delhi: The biggest ever auction of 2G and 3G airwaves on Wednesday began on a high note with operators making bids worth an estimated Rs 60,000 crore after six rounds of bidding in all four bands.The bidding will resume on Thursday morning in the...

2G, 3G spectrum auction begins: Idea, Bharti, Voda and Reliance Jio are players to watch

Mar 04, 2015 at 18:13 | Source: FirstPost

The government today (4 March) began its auction of 2G and 3G telecom spectrum and is hoping to garner anywhere between Rs 80,000-1,00,000 crore. Sunil Mittal, Chairman of Indias No 1 mobile services company, Bharti Airtel, and one of the key bidders...

2G, 3G spectrum: Idea, Bharti, Voda and Reliance Jio are players to watch

Mar 04, 2015 at 15:51 | Source: FirstPost

The government today (4 March) began its auction of 2G and 3G telecom spectrum and is hoping to garner anywhere between Rs 80,000-1,00,000 crore. Sunil Mittal, Chairman of Indias No 1 mobile services company, Bharti Airtel, and one of the key bidders...

Bharti Airtel, China Mobile to collaborate on 4G

Mar 04, 2015 at 02:45 | Source: FirstPost

NEW DELHI (Reuters) - Top telecommunications carrier Bharti Airtel Ltd said it would collaborate with China Mobile Ltd on growing fourth-generation (4G) mobile data services.The two companies will also work on a joint strategy for procurement of 4G d...

Airtel extends managed services partnership with Ericsson

Mar 02, 2015 at 14:37 | Source: FirstPost

Bharti Airtel has signed a two-year extension of its existing multi-vendor, multi-technology managed services deal with Ericsson. Under the terms of the new agreement, Ericsson will manage 2G, 3G, 4G/LTE, Intelligent Network, LAN/WAN and Wi-Fi techno...

Govt's payday from 2G spectrum auction could be delayed. Here's why

Feb 27, 2015 at 10:54 | Source: FirstPost

India's latest effort to auction its telecom airwaves is likely to face delays to its latter stages, after the Supreme Court said on Thursday that no decision would be final until a round of legal complaints on the sale mechanisms was completed.This ...

Bharti Airtel says raised $310 mln through share sale in tower unit

Feb 26, 2015 at 23:45 | Source: FirstPost

MUMBAI (Reuters) - Bharti Airtel, India's biggest mobile phone operator by users, said on Thursday it had raised $310 million through a secondary share sale in its mobile tower unit Bharti Infratel Ltd.Bharti Airtel will use the funds primarily to re...

Government's payday from telecoms auction could be delayed

Feb 26, 2015 at 22:45 | Source: FirstPost

MUMBAI (Reuters) - India's latest effort to auction its telecoms airwaves is likely to face delays to its latter stages, after the Supreme Court said on Thursday that no decision would be final until a round of legal complaints on the sale mechanisms...

Bharti Airtel selling shares in tower unit - sources

Feb 25, 2015 at 23:45 | Source: FirstPost

MUMBAI (Reuters) - Bharti Airtel(BRTI.NS), India's biggest mobile phone operator by users, is raising as much as $415 million through the sale of shares in its mobile tower unit Bharti Infratel(BHRI.NS), two sources directly involved in the process t...

Good news: Your phone bills set to fall as Trai slashes call inter-connection charges

Feb 24, 2015 at 09:35 | Source: FirstPost

New Delhi: In a bid to boost fixed line phone connections in the country, telecom regulator Trai on Monday removed charges that a landline service provider has to pay to the other service providers for transmitting its customers' phone calls - a move...

Good news: Your phone bills to fall as Trai slashes call connecting charges

Feb 24, 2015 at 08:48 | Source: FirstPost

New Delhi: In a bid to boost fixed line phone connections in the country, telecom regulator Trai on Monday removed charges that a landline service provider has to pay to the other service providers for transmitting its customers' phone calls - a move...

Your landline bill to get cheaper as TRAI cuts connection charges

Feb 23, 2015 at 18:48 | Source: FirstPost

New Delhi: In a bid to boost fixed line phone connections in the country, telecom regulator Trai on Monday removed charges that a landline service provider has to pay to the other service providers for transmitting its customers' phone calls - a move...

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