Full MNP will empower people, improve services, says Prasad
Jul 03, 2015 at 22:54 | Source:
New Delhi: The full mobile number portability (MNP), which kicked off today, will "empower people", increase competition among telecom operators and improve services, Telecom Minister Ravi Shankar Prasad said.Full MNP will enable subscriber...
Telcos must ensure quality service to customers, says Prasad
Jul 03, 2015 at 22:46 | Source:
New Delhi: Telecom Minister Ravi Shankar Prasad today said the industry needs to walk the "extra mile" to ensure that quality service is delivered to people and that consumers do not face issues like call drops.Speaking at the Ficci CEOs Ro...
Vodafone retrospective tax case: Alas, if only SC had been less rigid
Jun 24, 2015 at 19:11 | Source:
The Indian judiciary especially the apex court carries greater credibility both in India and outside than the Indian Parliament. So much so, had the tax department engaged the best counsel in business when Vodafone appealed against the Bombay High Co...
RCom-Sistema M&A is easier said than done; and ultimately one has to exit
Jun 16, 2015 at 12:50 | Source:
The talks between Anil Ambani's Reliance Communications (RCom) and Russia's Sistema Shyam Teleservices on a possible merger are being touted as a win-win move (assuming valuations are agreed) for both parties. While the merger is supposed to give Sis...
Idea hikes mobile data rates by up to 100% in Delhi
Jun 04, 2015 at 18:43 | Source:
New Delhi: Idea Cellular has hiked mobile data rates by up to 100 percent for pre-paid customers in the NCR region, becoming the first telecom operator to raise the tariff after Rs 1.1 lakh crore spectrum auction in March.The country's third largest ...
Vodafone exits Bharti Airtel, sells its 4.2 % stake for $ 200 mn
May 29, 2015 at 07:59 | Source:
New Delhi: British telecom company Vodafonetoday said it has exited from Bharti Airtel by selling its 4.2per cent stake in the Indian telecom major to an arm of BhartiGroup."Vodafone confirms that it has sold, through a wholly-owned subsidiary, ...
Vodafone plans India's largest IPO yet, likely to raise $4 bn next year
May 26, 2015 at 07:42 | Source:
The British telecom major Vodafone is reportedly planning to launch IPO of its Indian arm to raise about $4 billion next fiscal.The company has appointed NM Rothschild as its consultant to work on roadmap and the paperwork for the public offering wil...
Zero marks to Modi govt on job creation, economy a worry: Chidambaram
May 25, 2015 at 18:33 | Source:
New Delhi: Former Finance Minister P Chidambaram today gave zero marks to the Modi government on the issue of job creation, faulted it for not carrying out major reforms despite adequate numbers in the Lok Sabha and spoke of worrying signs in the eco...
Vodafone India's revenue up 12.6% to Rs 42,526 cr in FY15
May 19, 2015 at 22:19 | Source:
New Delhi: Vodafone India today reported a 12.6 percent jump in its total revenue at Rs 42,526 crore for the fiscal ended 31 March, driven by strong customer additions and growth in data revenues.The company had reported a total revenue of Rs 37,777 ...
Sistema held talks with RCom over India JV, no sale planned | Reuters
May 15, 2015 at 23:15 | Source:
MOSCOW/MUMBAI Russian billionaire Vladimir Yevtushenkov, owner of conglomerate Sistema, said on Friday he has held talks with tycoon Anil Ambani's Reliance Communications about a possible joint venture in India.Yevtushenkov said he had no plans to se...
Global MNCs are demanding more from telcos, finds Ovum
May 15, 2015 at 09:50 | Source:
A recent survey by global analyst firm Ovum of more than 500 multinational corporations (MNCs) has found that ICT services buyers want much more from their global telecoms service providers when it comes to network performance and customer support.Da...
Phone and web companies race to reconnect quake-hit Nepal
May 13, 2015 at 12:22 | Source:
Buildings wrecked by the earthquake in Nepal which killed over 8,000, will take years to rebuild. But another type of infrastructure will bounce back much sooner: communication networks.Enabling aid workers and civilians to access the internet, make ...
Dial 199 for Vodafone helpline, 111 to stop from 31 July
May 08, 2015 at 16:46 | Source:
New Delhi: Vodafone has started offering its customer care service on a new number, 199, as its current one, 111, will stop working by 31 July.The Telecom Regulatory Authority of India (Trai) had asked the company on March 2 to stop use of 111 number...