Reliance Telecom

Reliance Comm up 6% on ICRA upgrade, to sign Aircel deal soon

"RCom and Maxis Communications Berhad (MCB) and Sindya Securities and Investments Private Limited, the shareholders of Aircel, expect to sign binding definitive documentation and announce the proposed transaction for the combination of the Indian wireless business of RCOM and Aircel very shortly," the telecom company said in its filing.

Telcos owe govt Rs 54,828 cr in licence, spectrum fee: Prasad

"Out of the total outstanding of Rs 54,828.25 crore, the amount under litigation is Rs 44,380.91 crore pertaining to major telecom service providers," Telecom Minister Ravi Shankar Prasad said in a written reply to the Lok Sabha.

High spectrum prices to put pressure on telcos: GSMA

The biggest telecom spectrum auction ended on Wednesday after 19 days of fierce bidding and fetched about Rs 1.10 lakh crore to the government.

'Telecom tariffs set to rise as spectrum price hikes'

The spectrum auction, which came to a close after 19 days of aggressive bidding on Wednesday, helped the government garner commitment of Rs 1,09,874 crore from operators.

Spectrum auction kitty rises to Rs 1.09 lakh crore

Government's kitty from the telecom spectrum auction on Tuesday rose to Rs 1.09 lakh crore with the provisional allocation of 89 percent radiowaves made at the end of the 18th day.

Spectrum auction day 7: Bids reach Rs 96,000cr

There is still spectrum which is yet to be sold in all the bands, including 900 Mhz which is the spectrum currently held by operators whose licences are expiring in 2015-16.

Telecom auction gets Rs 60,000cr bids on first day

The bidding will resume tomorrow morning in the auction through which the government was expecting to raise over Rs 82,000 crore. The final amount may go much higher if bids continue at such an aggressive pace.

Spectrum auction begins; govt eyeing over Rs 80K cr revenue

The auction is the biggest ever sale of 2G and 3G airwaves which may fetch the government over Rs 82,000 crore.

Spectrum auction for 4 bands to start tomorrow

The government plans to sell 380.75 MHz of spectrum in three bands - the premium 900 MHz band, 1800 MHz and 800 MHz, besides 5 Mhz in the 2100 Mhz band across 17 out of 22 telecom areas in the country.

'Trai imposed Rs 50 lakh fine on 9 telcos for poor service'

The regulator has imposed maximum penalty of Rs 14.5 lakh on state-run telecom company BSNL for failing to meet 13 quality of service parameters. Rs 3 lakh penalty has beeb imposed on Idea Cellular, Rs 2 lakh each Bharti Airtel and Vodafone, Rs 1.5 lakh each on Uninor and Vodafone

Rel Comm and subsidiaries under service tax scanner

The Service Tax department has sent show cause demand notices and has even passed Rs 200 crore order on Reliance Communication and its subsidiaries.

Govt unveils new telecom licence norms

The new licence regime will also allow companies to offer intra and inter-circle roaming but bars operations from acquiring subscribers in areas where they don't own licence.

2G scam: SC issues notice to CBI of Reliance Telecom plea

The Supreme Court issued a notice to the CBI on petitions filed by Reliance Telecom and other accused in the 2G spectrum allocation scam.

Stocks in news: Jet Airways, Zuari Agro, Sesa Goa, Prestige

Special 2G bench to hear plea on summons to Anil Ambani: SC

The Supreme Court on Tuesday said its special bench seized with the 2G spectrum matter will hear the plea of Reliance Telecom Ltd (RTL) challenging a special court's order making its boss Anil Ambani and his wife Tina Ambani as witnesses in the case.

SC to hear plea against order summoning Anil Ambani

Reliance ADAG chairman Anil Ambani was directed a trial court to appear on July 26 inthe 2G spectrum case, hours after the SC decided to hear Reliance Telecom's plea on Tuesday.

2G case: Reliance appeals court order to call new witnesses

Reliance Telecom challenged a lower court's order to summon new witnesses in the 2G spectrum allocation case to the Supreme Court on Monday.

RTL moves SC against summoning Anil, Tina Ambani as witness

Reliance Telecom Ltd (RTL) today moved the Supreme Court challenging trial court's order summoning Reliance ADAG Chairman Anil Ambani and his wife Tina Ambani as prosecution witnesses in 2G spectrum allocation scam case.

2G: CBI wants Ambani and wife Tina to depose as witnesses

The Central Bureau of Investigation has sought Anil Dhirubhai Ambani Group (ADAG) chairman Anil Ambani and his wife Tina to depose as witnesses in the ongoing 2G scam trial. A Times of India report says the CBI wants the Ambanis in the ongoing trial in a special court in Delhi.

RADAG transferred Rs 1902cr to Swan Telecom, says witness

Reliance Telecom (RTL), a Reliance ADA Group company and accused in the 2G case, had transferred more than Rs 1,900 crore to Swan Telecom Pvt Ltd (STPL) between January and June 2007, an official of HDFC bank today testified in a Delhi court.

Reliance officials feel the heat on day 1 of 2G trial

The trial in the biggest corruption case in the country got off to a noisy start in the court of Special Central Bureau of Investigation Judge OP Saini in New Delhi on Friday. As soon as the trial in the 2G spectrum allocation scam began the defence counsel objected to the trial being conducted in a cramped space.