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"...the company is proposing to issue Secured Redeemable Non Convertible Debentures amounting to Rs 1,000 crore on private placement basis," Idea Cellular said in a BSE filing.
Britain's media regulator on Wednesday said it had fined telecoms giant Vodafone USD 4.6 million for breaching rules designed to protect customers.
Telecom major Bharti Airtel's debt will increase by USD 2 billion (over Rs 13,300 crore) due to the recent spectrum purchase but cash flows from operations and monetisation activities are likely to reduce this level in next 6-12 months, Moody's Investors Service said today.
On a daily basis, over 50,000 subscribers, including those in rural India, are activating their Airtel mobile SIMs using Aadhaar-based digital verification or Aadhaar eKYC, the company said in a statement.
Vodafone has renewed its system intergration deal with IBM. The system integration deal is valued at around USD 900 million. The system integration is likely to be outsourced further with small vendors also being outsourced.
At present, the company's overall footprint includes 700 large stores, 3,300 mini stores in bigger towns and cities, and 5,800 rural mini stores, its national head for retail and digital Kavita Nair told reporters here.
Facebook's project to spread Internet access to the developing world isn't just getting older - it's also targeting new telecommunications partners in hopes of connecting more people to the Web.
In a blog post released to mark the first year of the initiative, Facebook said it will open a portal allowing any mobile operator to offer the service under its Internet.org platform. Facebook currently partners with specific operators to launch the service in different countries.
Vodacom will have sole control over Neotel, while the latter will operate as a wholly-owned subsidiary of Vodacom. But the antitrust authority also set some stringent conditions for the deal worth R7 billion (USD 575.95 million).
Quoting latest data published by World Cellular Information Service (WCIS), Airtel has over 303 million mobile subscribers across its operations and has moved up one position in the global rankings.
Telecom regulator Independent Communications Authority of South Africa (ICASA) said that they are unperturbed about criticism over its approval of the sale of Neotel to mobile operator Vodacom.
Contradicting the circumstances, the service providers on the other hand, claim that the call drop rate is below the 2 percent benchmark given by TRAI (Telecom Regulatory Authority of India).
Idea Cellular Ltd, India's third-biggest mobile operator after Vodafone India and market leader Bharti Airtel Ltd together spent about USD 9.5 billion in the recently concluded government auction for airwaves, betting on the country's significant mobile data potential.
In a bid to create a global network that will cost the same to use for calls, texts, and data, irrespective of where the user is located, the search giant is mulling a wholesale access agreement that could help it debut in the US mobile market with its own network.
Valimo, a leading solution provider for mobile user authentication and digital signature software, announces that Tele2 Norway, a major European mobile operator, has selected its Mobile ID authentication service platform.
Vodafone lowered a medium-term target for revenue growth on Tuesday as consumers in southern Europe slashed spending and regulators upped the pressure on the world's largest mobile operator.
Bharti Airtel, India's biggest mobile operator, said on Wednesday mobile software maker Comviva will manage its value-added services across 16 African operations under a five-year deal.
JPMorgan has slashed its target price on mobile operator Reliance Communications by 49% to Rs 82, citing lower estimates for wireless and broadband segments and issues related to spectrum regulations.
