Brokerages says since the fundraise is not substantial enough, it will have a limited impact on Vodafone Idea's competitors
The government has lowered its revenue estimate from the telecom segment to Rs 52,806 crore for the next financial year, according to the budget document.
To help with network digitisation and preparing for 5G, telcos are targeting companies such as Microsoft, Google, TCS, HCL Technologies, Ericsson and Nokia for recruitment
State-owned BSNL on Tuesday asked the government to allot it the prized 700 MHz spectrum via equity route and sought moratorium on payment of licence fee for revenue earned from government projects.
"The rating agency expects the launch of Reliance Jio to intensify competition in the telecom space, which will squeeze the market share, EBITDA margins and credit metrics of incumbents," Ind-Ra said in a statement.
FinQuest Securities has come out with its report on Indian telecom sector.
FinQuest Securities has come out with its report on Indian telecom sector. The research firm has recommended to buy Bharti Airtel and Idea Cellular with a target price of Rs 495 and Rs 133 respectively, in its March 23, 2012 research report.
Telecom minister Kapil Sibal unveiled the draft New Telecom Policy today. In an interview with CNBC-TV18, Ashish Basil, Partner - Telecom Practice at E&Y discusses the new telecom regime and its impact on the sector as a whole.
Indian telecom sector will provide employment to around one crore people by 2012, a study by PwC has said.
The Indian telecom sector is widely acknowledged as a poster child of the Indian reform story that started 20 years back and has led to some spectacular gains. But the success story has unraveled. Today the sector is in the midst of an unprecedented crisis like never before. Joining me today to discuss this is a panel of experts and lawyers.