Telcos could explore equity tie-ups with tech majors
Consolidated revenue of the company increased 0.7 per cent YoY to Rs 3,624 crore during the quarter under review
With this investment, Facebook will own 9.9 per cent stake in Jio Platforms. This would be Facebook's biggest minority shareholding ever
Bharti Airtel's move remained resilient during the downtrend which the market witnessed in the current calendar year
Thus far in the calendar year 2020, Bharti Airtel has outperformed the market by surging 17 per cent as compared to a 33 per cent decline in the HDFC stock price & 24 per cent fall in the S&P Sensex.
Bleak demand outlook in the domestic as well as global market is another reason Tata Steel may be looking to have additional liquidity as margins are expected to take a hit in the coming quarters
Top line gets boost in March qtr as more people work from home
This period will serve as a reckoning for remote work and may help to spur on digital transformation
Axis Bank pocketed the highest fee, at nearly $19 million
Airtel CEO Gopal Vittal said efforts are on during this "incredibly difficult time" and that the company has advanced investments
The telecom company has announced special measures to assist low-income group customers impacted by the COVID-19 crisis
In a bid to do this at the available capacity, Bharti Airtel and Vodafone Idea have said they are doing everything to keep the situation under control
Data demand sees a 10% surge as people step up work from home over Covid-19, Here's how telecoms are responding to the demand and encouraging more people to work from home
Calls for joining hands and paving the way for intra-circle roaming pacts as country goes under lock down in war against coronavirus
A hike in tariffs is guaranteed. But it would not necessarily lead to higher ARPU
There has been a steady rise in market concentration in several sectors across manufacturing
According to the latest report, Jio pipped its nearest rivals Bharti Airtel and Vodafone who recorded an average download speed of 8 mbps in February
Bharti Airtel has already paid Rs 18,000 crore of its AGR dues
A bench of Justices Arun Mishra, S A Nazeer and M R Shah refused to take up the Centre's plea for allowing telecom companies to pay AGR dues in 20 years
The government had approached the apex court seeking approval to a formula allowing telcos to pay their remaining AGR dues in annual installments over the next 20 years or so