In a letter to the Department of Telecom, Vodafone said the financial burden on the industry has reached a level where it is unviable for operators to provide services.
Self-care application of leading telecom operators like Airtel, Vodafone India and Idea Cellular, have registered over 10 million downloads on Google Play store
Pre-bookings for Reliance JioPhone will start from August 24
Even after a positive opening, shares of the company failed to hold on to the gains and later dipped 1.39 per cent to Rs 421.65 on BSE.
IUC is important not only from the perspective of operators as it gives them a revenue stream, but it is also a key component of voice tariffs and, therefore, also has a bearing on consumers’ monthly bills.
Telecom as well as cable operators fell sharply after Jio offers. Bharti Airtel, Idea Cellular (though recovery sharply towards the close), Dish TV, Hathway Cable and GTPL Hathway were down 2-6 percent.
JioPhone has many quality features that further blur the line between smartphones and powerful feature phones
A round-up of the most re-tweetable tweets.
RIL's 40th AGM could all be about the extension of Reliance Jio's services — from mobile to connecting life inside homes.
Reliance Jio, the latest entrant in the telecom sector, will raise Rs 20,000 crore through a rights issue to meet funding requirements.
Any change in IUC has a direct impact on mobile call rates as the charge is taken into account while setting telecom tariffs.
Upcoming Reliance Industries AGM on July 21 is the next key event to watch out for as it may provide more clarity on new legs to Jio's growth, i.e., Broadband and 4G feature phones, CLSA said.
The phone is expected to be launched at the Reliance Industries' annual general meeting scheduled for July 21. A new tariff plan is also likely as the current Dhana Dhan offer will end by this month.
Jio network is "future ready" and can be upgraded as technologies advance to 5G, 6G and beyond, the company's report said.
The company had a gross debt of Rs 1,96,601 crore as on March 31, most of which was taken to fund its fourth- generation telecom venture, Reliance Jio.
The company is awaiting approval from the Competition Commission of India (CCI) for agreements entered into with Reliance Communications (RCom) and its subsidiary Reliance Telecom Ltd (RTL).
Vodafone, on the other hand, said that call connect charge - currently at 14 Paise - is already "below cost" and any further cut in these inter-operator charges could hurt rural coverage.
"The number of telephone subscribers in India increased from 1,194.58 million at the end of March 2017 to 1,198.89 million at the end of April 2017, thereby showing a monthly growth rate of 0.36 per cent," Trai said in its monthly subscriber report.
The average 4G speed in India is one-third of the world average and just one Mbps more than the average global speed for 3G networks.
The Telecom Regulatory Authority of India (Trai) collects and computes data download speed with the help of its MySpeed application on a real-time basis. Theoretically, a user can download one Bollywood movie in about five minutes at 16 mbps speed.
Meeker pointed that Indians spend 28 hours on an average per week browsing the web on their mobile phones out of which around 12.5 hours is spent accessing entertainment content
Revenues of large telecom companies have largely bottomed out, Bank of America Merrill Lynch (BoAML) said in a report.