Jio to splash most cash in 5G auction with Airtel following behind, say analysts
R Chandrasekhar, former telecom secretary, told CNBC TV18 that the bidding amount could reach around "Rs 2 lakh crore against the total spectrum available".
Vodafone Idea board appoints Akshaya Moondra as next CEO
Akshay Moondra's tenure as the chief executive officer will start from August 19, 2022, for a three-year period. He will be replacing the incumbent CEO, Ravinder Takkar, who was appointed to the post in 2019.
Reliance Jio deposits highest earnest money as 5G spectrum auction race heats up
The four companies that plan to bid for 5G spectrum together deposited Rs 21,800 crore as earnest money for the auction scheduled to start on July 26
Adani Data Networks, Jio, Airtel, Vodafone Idea to bid for 5G spectrum
Adani Data Networks Ltd — in which AEL’s equity holding is 100 per cent — got initial approval for grant of unified licence with authorisation of ILD, NLD and ISP-B for Gujarat circle, just days before the July 8 deadline for applying for participation in the 5G auction.
DoT's revised licence agreement mandates telecom firms to procure equipment from 'trusted sources'
The amendments to the licence agreement effectively bar Chinese telecom equipment makers, CNBC TV18 reported.
Adani Group's spectrum bidding plans to fuel competition in auctions, enterprise 5G: Analysts
Billionaire Gautam Adani's group on Saturday confirmed it is in the race to acquire spectrum, which it said will be used to create a private network to support its businesses from airports to power as well as data centres.
Bharti Airtel International enhances buy back tender offer to $450 million
The second-largest telecom operator in the nation, Bharti Airtel International (Netherlands) BV, which oversees Airtel's African operations, announced on Wednesday that it has increased its tender offer to buy back senior notes worth up to USD 450 million (about Rs 3,550 crore).
Mukesh Ambani steps down as Reliance Jio director, Akash Ambani appointed as chairman
Akash Ambani, the son of RIL chief Mukesh Ambani, had joined Jio in 2014.
Vodafone Idea delays payment of AGR dues worth Rs 8,837 crore by four years
After the delay, Vodafone Idea will pay the amount in six equal instalments starting 31 March 2026.
Vodafone Idea board approves Rs 436 crore fund raise plan
The company has called an extraordinary general meeting on July 15 to seek "approval of shareholders" on the proposal to raise the funds through preferential issue.
Broadband India Forum terms telcos' argument on captive private 5G networks as absurd, impractical
Broadband India Forum, an industry association, called telecoms' claims for an equal playing field between public and captive private 5G networks "absurd and unworkable," asserting that the two are separate sets of services that are not competing with each other.
5G test bed to be set up at military institute in Mhow
An Indian 5G test bed will be established at a military engineering college in Mhow to assist the Army in deploying the technology.
Telcos, Wi-Fi providers must collaborate on innovative biz models to spur digital infra: Trai chief
P D Vaghela, chairman of the Telecommunications Regulatory Authority of India (Trai), urged telecom operators and Wi-Fi providers to collaborate on building novel business models that would harness the combined power of mobile and Wi-Fi technology to boost digital infrastructure
Vodafone Idea plans to raise up to Rs 500 crore from promoter
“A board meeting is scheduled to be held on Wednesday to consider among other things a proposal for raising of funds aggregating up to Rs 500 crore by way of issuance of shares and/or convertible warrants on a preferential basis to one or more entities belonging to Vodafone Group (one of the promoters of the company),” the telecom operator said in a filing on June 19.
Jio adds 16.8 lakh mobile subscribers in April; Airtel gains 8.1 lakh users
Vodafone Idea lost about 15.7 lakh mobile subscribers during April 2022, the monthly subscriber data released by the Telecom Regulatory Authority of India (TRAI) on Thursday showed.
Expect telcos to buy spectrum worth Rs 1-1.1 lakh crore in 5G auction: Icra
Despite telcos' complaints about high spectrum pricing, the telecom industry is estimated to spend roughly Rs 1-1.1 lakh crore on the 5G auction, according to ICRA, which also warned that the sector's debt level is likely to climb with subsequent auctions.
5G spectrum auction gets Cabinet greenlight as services to roll out soon
A total of 72 GHz of spectrum with a validity period of 20 years will be auctioned by the end of July
DoT warns telcos of action for not appointing nodal officer for trusted portal
The Department of Telecom has warned telcom companies that legal action will be taken against them if they do not establish a nodal officer under the National Security Directive on Telecommunication.
Airtel Africa, Others Receive Notice to Pay About $180 Million to Congo
According to persons familiar with the situation, the Democratic Republic of Congo has ordered mobile phone firms operating in the African country to pay a charge of almost $180 million every year.
Private telcos to hike tariffs in H2; FY23 revenues to jump by a fourth: Report
According to a report released on Tuesday, the country's top three private telecom operators would resort to another wave of rate hikes in the second half of the current fiscal year, ending FY23
Rs 61-crore telecom package for Lakshadweep gets Centre nod
The Lakshadweep administration on May 27 said the Union government has approved the Kochi-Lakshadweep submarine optical fibre connectivity project which is scheduled to be completed by October 2023.
Singtel a 'strategic investor' in Airtel, stake sale talk 'market speculation'
Singtel has reaffirmed commitment to its investment in Bharti Airtel, calling it a 'core bet in its international portfolio.' It called talk of stake sale as 'market speculation', and said it had been a 'strategic investor' in Airtel for decades.
BSNL to migrate 30,000 wifi hotspots to PM-WANI framework by June: DoT official
Speaking at Broadband India Forum (BIF) event, Vivek Narayan, DDG (data services) in the Department of Telecom (DoT) mentioned the potential and impact of the PM-WANI wifi hotspots scheme across areas, such as tourism, smart cities and last-mile connectivity in villages.
India's own 5G stack to be ready by Sept-Oct: Ashwini Vaishnaw
India's own 5G stack will be ready around September-October, Communications Minister Ashwini Vaishnaw said on Wednesday.
