Apollo, one of the world’s largest alternative asset managers, is among other investors looking to buy pieces of Silicon Valley Bank, according to people familiar with the matter.
In an interview with CNBC-TV18‘s Anuj Singhal and Ekta Batra, Idea Cellular MD Himanshu Kapania spoke about the recent spectrum auctions, the financial shape of telecom companies, especially idea and what the spectrum acquisition means for the company.
After the 2G auction turned out to be a failure, the government has decided to cut spectrum reserve price by 30% in four circles. The Empowered group of Ministers (EGoM) met today as Telecom Minister Kapil Sibal laid out the auction roadmap, reports CNBC-TV18's Siddarth Zarabi.
Bharti has raised prices of on-net calls across four circles. GV Giri, telecom analyst at IIFL joins CNBC-TV18 to talk about what it means for the company and the sector.