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.
On the news of a possible merger between Vodafone and Idea Cellular, Sanjay Kapoor, former CEO of Bharti Airtel says, consolidation is good for the industry's sustainability.
TRAI has suggested Rs 50 crore per licence service area to be levied for failure to provide incremental point of interconnect to Reliance Jio.
With this deal, Airtel becomes the first telecom operator to have a pan-India 4G spectrum.
This time, its long list of demands boils down to two things — clearer policies and help in reducing debt
Airtel m-Commerce Services (AMSL), a wholly-owned subsidiary of Bharti Airtel, is converting its existing prepaid payment instrument licence into a payments bank licence to be issued by the Reserve Bank of India.
The 2G auction is a big hit. After 10 days and 68 rounds the auctions drew to a close today. The centre has exceeded its target from the sale of spectrum. Total bids have crossed Rs 61,000 crore. This will fetch the government over Rs 18,000 crore this fiscal alone.
In an interview to CNBC-TV18, telecom analyst Mahesh Uppal and Bharat Bhargava, partner - telecom, E&Y say the reserve price is still very high. According to them, the auction is going to be very weak.
Telecom analyst Kunal Bajaj is of the opinion that a reduction of 30 percent is not enough. He clarifies that the notion of a reserve price seems to be very fictitious as it is not the price that the auction is believed to close at. Rather, the reserve price is supposed to be an offer price where the auction is supposed to start.
CNBC-TV18's Karan Thapar talks to experts to decode the new draft telecom policy unvelied by Kapial Sibal on Monday.
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.
Experts in an exclusive interview with CNBC-TV18 analyze the implication of the verdict in to the corporate world and the market.