Apr 05, 2017 07:05 PM IST
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.
- Mar 23, 2017 09:31 PM IST
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).
- Mar 23, 2017 12:52 PM IST
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.
- Mar 20, 2017 12:27 PM IST
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.
- Mar 15, 2017 12:44 PM IST
"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.
- Mar 15, 2017 11:19 AM IST
The company has filed an application with National Company Law Tribunal (NCLT), Mumbai Bench, for approval of the said scheme
- Mar 14, 2017 05:43 PM IST
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.
- Mar 08, 2017 03:53 PM IST
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.
- Mar 01, 2017 11:01 AM IST
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.
- Feb 28, 2017 03:00 PM IST
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.
- Feb 24, 2017 02:15 PM IST
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.
- Feb 24, 2017 11:24 AM IST
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.
- Feb 23, 2017 12:00 PM IST
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.
- Feb 21, 2017 03:40 PM IST
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.
- Feb 13, 2017 09:32 PM IST
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.
- Feb 11, 2017 06:47 PM IST
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.
- Feb 03, 2017 06:22 PM IST
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.
- Feb 03, 2017 10:42 AM IST
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.
- Jan 24, 2017 12:46 PM IST
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.
- Jan 24, 2017 11:18 AM IST
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.
- Jan 20, 2017 05:48 PM IST
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
- Jan 12, 2017 02:55 PM IST
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.
- Jan 10, 2017 09:40 PM IST
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.
- Jan 03, 2017 03:00 PM IST
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).
- Dec 22, 2016 09:34 PM IST
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.