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  • 2G service quality of 3 telcos below Trai norms in Dec quarter Apr 05, 2017 07:05 PM IST

    2G service quality of 3 telcos below Trai norms in Dec quarter

    Telecom operators Aircel, Reliance Communications and Airtel did not meet regulator TRAI's various quality norms for 2G services in multiple licence areas for the quarter ended December 2016.

  • Subscriber base of 6 telcos rises 2.27 million in February Mar 23, 2017 09:31 PM IST

    Subscriber base of 6 telcos rises 2.27 million in February

    Bharti Airtel led the subscriber growth by adding 1.25 million new mobile customers, followed by Idea Cellular (1.21 million), Vodafone (0.79 million) and Aircel (10,000 new customers).

  • After IT, fear of layoffs hits telecom space; 10,000 jobs at risk Mar 23, 2017 12:52 PM IST

    After IT, fear of layoffs hits telecom space; 10,000 jobs at risk

    Dark clouds of job cuts loom over the telecom sector. The risk running with mergers is that as many as 10,000 employees may lose their jobs over the next year.

  • Reliance Communications-Aircel deal gets CCI nod Mar 20, 2017 12:27 PM IST

    Reliance Communications-Aircel deal gets CCI nod

    Reliance Communications today said it has received approval of the Competition Commission of India (CCI) for the demerger of its wireless division into Aircel Ltd and Dishnet Wireless Ltd.

  • Reliance Communication gets SEBI nod for merger with Aircel Mar 15, 2017 12:44 PM IST

    Reliance Communication gets SEBI nod for merger with Aircel

    "Reliance Communications has received approval of the Securities and Exchange Board of India (SEBI), BSE and NSE for the proposed scheme of arrangement for demerger of the wireless division of the company into Aircel Ltd and Dishnet Wireless Ltd," the company said in a regulatory filing.

  • Reliance Communications rises 5% on wireless biz demerger approval Mar 15, 2017 11:19 AM IST

    Reliance Communications rises 5% on wireless biz demerger approval

    The company has filed an application with National Company Law Tribunal (NCLT), Mumbai Bench, for approval of the said scheme

  • TRAI to review procedural bottlenecks in telecom business Mar 14, 2017 05:43 PM IST

    TRAI to review procedural bottlenecks in telecom business

    Regulator TRAI today stressed the need to identify bottlenecks that make the functioning of telecom business difficult in India and listed out processes such as licence acquisition, spectrum allotment and mergers that can be reviewed.

  • Foreign interest in stressed assets but framework needed: Moelis Mar 08, 2017 03:53 PM IST

    Foreign interest in stressed assets but framework needed: Moelis

    Speaking to CNBC-TV18, Manisha Girotra of Moelis India said that India urgently needs capital and restructuring of stressed assets should be undertaken through any means possible.

  • Revenues of telcos to decline; like Aurobindo: Kotak's Prasad Mar 01, 2017 11:01 AM IST

    Revenues of telcos to decline; like Aurobindo: Kotak's Prasad

    Ample liquidity in the market could help it go up further but one needs be cautious of the risk-reward balance from a fundamental perspective, says Sanjeev Prasad, Senior Executive Director & Co-Head, Kotak Institutional Equities.

  • RCom, Tata Teleservices evaluating viability of merger: Sources Feb 28, 2017 03:00 PM IST

    RCom, Tata Teleservices evaluating viability of merger: Sources

    The deal is likely to be speeded up by the truce that was announced on Tuesday between Tata Sons and Japanese telecom giant NTT Docomo in the long-standing USD 1.17-billion dispute over their failed joint venture.

  • Consolidation in telecom sector may lead to 1 mn job losses Feb 24, 2017 02:15 PM IST

    Consolidation in telecom sector may lead to 1 mn job losses

    According to a GSMA report, India‘s 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.

  • Could consolidation in telecom space trigger job cuts? Feb 24, 2017 11:24 AM IST

    Could consolidation in telecom space trigger job cuts?

    On one hand, these mergers could help bigger incumbents increase their subscriber base, and provide competitive pricing but on the other hand, this is also likely to wipe off 10-15 percent of jobs in the telecom space, reports an article in Business Standard.

  • Airtel buys Telenor: Norwegian co's foray was jinxed from get-go Feb 23, 2017 12:00 PM IST

    Airtel buys Telenor: Norwegian co's foray was jinxed from get-go

    A late entry into India's crowded telcom sector, Telenor (formerly Uninor) from the start of its India operations, was never able to find its footing in the cut-throat industry.

  • Jio Prime offer to hasten telecom sector consolidation: Analyst Feb 21, 2017 03:40 PM IST

    Jio Prime offer to hasten telecom sector consolidation: Analyst

    Mukesh Ambani continues to maintain a large amount of pressure on other telcom players, said Mahesh Uppal of Com First India. He expects further consolidation in market.

  • Aircel case in SC not going to impact merger: RCom Feb 13, 2017 09:32 PM IST

    Aircel case in SC not going to impact merger: RCom

    Telecom operator Reliance Communications today hoped that the ongoing case against Maxis top officials will not impact the merger of its wireless business with that of Aircel.

  • Idea stock may slip, more pain for telcos this year: Analysts Feb 11, 2017 06:47 PM IST

    Idea stock may slip, more pain for telcos this year: Analysts

    Idea cellular, which is Aditya Birla group‘s flagship telecom venture has posted one of the worst quarterly results since its listing. It has clocked in losses of Rs 385.5 crores in the third quarter. Prakash Diwan of Altamount Capital says that the stock will slip when the market opens on Monday morning.

  • Trai imposed Rs 11 cr penalty on telcos for poor service: Govt Feb 03, 2017 06:22 PM IST

    Trai imposed Rs 11 cr penalty on telcos for poor service: Govt

    Telecom regulator Trai has imposed over Rs 11 crore penalty on service providers, highest on Aircel, for poor service quality including call drops, Telecom Minister Manoj Sinha informed the Rajya Sabha today.

  • Sun TV zooms 25% on Maran acquittal in Aircel-Maxis case Feb 03, 2017 10:42 AM IST

    Sun TV zooms 25% on Maran acquittal in Aircel-Maxis case

    This price spike came on the back of news that ex-telecom minister Dayanidhi Maran, his brother Kalanithi Maran and the latter's wife Kaveri Kalanithi, were discharged by a special court on Thursday on charges of bribery and money laundering in the Aircel-Maxis deal.

  • Aircel-Maxis case: Court to pass order on charge on February 2 Jan 24, 2017 12:46 PM IST

    Aircel-Maxis case: Court to pass order on charge on February 2

    Special Judge O P Saini, who was scheduled to pass the order today on framing of charges as well as on bail applications of the Maran brothers and other accused persons, deferred it to the next date, saying the order was not ready.

  • Supreme Court agrees to hear banks in Aircel-Maxis case Jan 24, 2017 11:18 AM IST

    Supreme Court agrees to hear banks in Aircel-Maxis case

    A bench headed by Chief Justice J S Khehar said that it would hear the plea on the date fixed in the case when Attorney General Mukul Rohatgi, appearing for banks, sought urgent hearing on the ground that the PSU financial institutions had lent money to Aircel.

  • Govt asks Aircel to port 2G customers if SC order adverse Jan 20, 2017 05:48 PM IST

    Govt asks Aircel to port 2G customers if SC order adverse

    The government has asked Aircel to help its 2G mobile customers port their numbers to other telephony operators in case the Supreme Court was to pass an adverse order

  • Aircel writes to DoT on 2G spectrum case Jan 12, 2017 02:55 PM IST

    Aircel writes to DoT on 2G spectrum case

    The Supreme Court (SC) last week had proposed that they could cancel the 2G licence and the spectrum granted to Aircel if the Maxis promoters do not present themselves before the court.

  • Jio network average download speed at 18 mbps in Dec: Trai Jan 10, 2017 09:40 PM IST

    Jio network average download speed at 18 mbps in Dec: Trai

    Average download speed on Jio network reached 18.16 megabit per second in December 2016 which was its highest since launch of its commercial 4G services in September, as per the Trai data.

  • Maximum call drop recorded on Aircel network in Jul-Sep 2016 Jan 03, 2017 03:00 PM IST

    Maximum call drop recorded on Aircel network in Jul-Sep 2016

    Call drops on Aircel network during non-peak hours breached set benchmark in Assam, Bihar, Jammu and Kashmir, North East telecom circles, as per Performance Indicator report of the Telecom Regulatory Authority of India (Trai).

  • Airtel, Aircel to appear before Parliament panel on call drops Dec 22, 2016 09:34 PM IST

    Airtel, Aircel to appear before Parliament panel on call drops

    The Parliamentary Standing Committee on Information Technology has called telecom operators Airtel and Aircel to appear before it to brief on the issue of call drops on January 5.

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