Experts believe much will depend on whether the court buys RBI's argument that public policy will be hurt by allowing Docomo an exception to its current policy.
The RBI opined that the put clause agreement in the settlement is illegal and may lead to extra short-term gains for the Japanese partner.
The average peak download speed on Reliance Jio network more than doubled to 17.42 megabit per second at the end of January, according to data by telecom regulator Trai.
In 2009, the Japanese telecom giant invested around USD 2.6 billion in order to buy a 26.5 percent stake in Tata Teleservices (TTSL). It later deemed the venture as its “worst†overseas investment, and sought USD 1.17 billion in compensation for its 2014 exit from India.
NDMC had partnered with Tata Teleservices in 2014 to provide the service in inner and outer circles of Connaught Place, one of the significant business and leisure centres in the city.
Tata Sons Board will be meeting today to discuss way forward for the group. The Board will most likely be focussing on business and operations, reports CNBC-TV18‘s Kritika Saxena.
The offer is valid for one week period during which customers will get double amount of data on a recharge of Rs 255.
NTT DoCoMo in 2008 acquired 26.5 percent stake in Tata Teleservices for about Rs 12,740 crore (at Rs 117 per share). This was as per understanding that in case it exits the venture, it will be paid a minimum 50 percent of the acquisition price.
On the other hand, DoCoMo -- citing the Indian company's filing in Delhi court on September 2 to block enforcement of the arbitral award -- charged the Tatas of attempting to "re-litigate arguments" that were already fully considered and rejected by the panel of London arbitrators appointed by the two companies.
Japan's largest mobile phone firm NTT DoCoMo had in November 2009 acquired 26.5 percent stake in Tata Teleservices for about Rs 12,740 crore (at Rs 117 per share).
On the Tata Docomo, Do Big Symposium series, we have travelled across the country to meet with industry leaders to discuss the impact of digital disruption in India.
Noting that wi-fi services are crucial to connect India, Prasad said that state-owned telecom firm BSNL plans to install 2,500 wi-fi hotspots at 256 places by the next fiscal.
As a part of 3G enhancement, the company is scaling up its network with additional 300+ New 3G towers across Kerala.
"Mobile companies have been asked by the High Court to provide details about mobile towers installed in UT Chandigarh within seven days," advocate Shekhar Verma, counsel for UT Chandigarh Administration, said.
Telecom operator Tata Docomo on Friday said it has reduced roaming rates for calls and SMSes by up to 75 percent.
Murali will be responsible for developing, monitoring and evaluating overall corporate strategy of HCL Infosystems' diverse business units with emphasis on bottom line performance and enhancing shareholder value, it said in a statement.
The Reserve Bank of India has changed its mind on the call and put option pricing in foreign investment agreements. After opposing fixed returns for years, the regulator now seems open to downside protection for foreign investors.
"Due to the steep growth in mobile broadband traffic, the operator has modernised its 3G network based on Nokia Networks' single RAN (radio access network) product and services," Nokia said in a statement.
NTT Group has appointed bankers to mull options to initiate arbitration against Tata Sons for not exercising the put option agreed between the two players at the time of the deal closure.
Mr Praveen Gupta, Head - Digital Business, Tata DOCOMO talks about the company's initiatives in the social space and how they are trying to create experiences money can't buy
Telecom services company Tata Docomo plans to expand its high-speed mobile broadband service in all metros and mini-metros by the end of this fiscal.
Tata DOCOMO, the unified telecom brand of Tata Teleservices Limited, today launched an exciting post pay plan with unlimited benefits for its new CDMA customers.
The reduction announced by Tata Docomo will be applicable across 19 service area where it provides GSM technology-based services.
When 35 years old Praveen Rajpal launched Handygo Technologies from his home, back in 2000 with a Rs 70,000 loan from his father he didn‘t quite imagine that the mobile value added services (VAS) business in India would be a Rs 21000 crore opportunity a decade on.
While Aircel has confirmed, Vodafone has said it will make an announcement only after the global launch.
