The company earlier held 44.39 per cent stake in Vodafone Idea Limited (VIL)
Vodafone Idea (VIL) had placed special resolution of issue of equity shares worth Rs 4,500 crore to the group firms of promoters Vodafone and Aditya Birla Group for transaction at the EGM
The stock traded close to its 52-week low of Rs 194.25 touched on August 5, 2021.
Study will help Trai prepare policy on deploying small cells
The Telecom Regulatory Authority of India (TRAI) is likely to submit its recommendations on 5G spectrum by this month-end or early April, TRAI chairman P D Vaghela said on Wednesday.
The DoT has mandated all machine-to-machine (M2M) players to register for providing service.
"We have come to the conclusion that there is no merit in the appeals. The appeals are accordingly dismissed," the court said
Nelco has tied up with Canadian-based satellite operator Telesat and will offer broadband services in 2024
This CoE will help CSPs (communication service providers) modernise their network infrastructure, transform service delivery and simplify operations
The Supreme Court has held that an individual facing any deficiency in telecom services can approach consumer forums directly with his complaint against the company. The fact that the remedy of arbitration under the Indian Telegraph Act of 1885 is of a statutory nature would not oust the jurisdiction of the consumer forum in such matters, a bench of Justices DY Chandrachud, Surya Kant and Vikram Nath said. "It would be open to a consumer to opt for the remedy of arbitration, but there is no compulsion in law to do so and it would be open to a consumer to seek recourse to the remedies which are provided under the (Consumer Protection) Act of 1986, now replaced by the Act of 2019, the bench said. The top court passed the verdict on an appeal of Vodafone by which the company had challenged an order of National Consumer Disputes Redressal Commission (NCDRC) by which it had affirmed the view of SCDRC that Section 7B of the Act of 1885 would not be applicable to a private service provider
The Department of Telecom has mandated all machine-to-machine service providers to register with the department to address issues around security, interface with telecom companies and others.
Reliance Jio's telecom services have been affected since Saturday morning in the financial capital, with many users complaining of inability to connect calls. The problem was first reported at 12 noon across the city with users complaining of getting a message saying a subscriber is not registered on the network. A company official admitted to a technical glitch and added that efforts are on to restore the same. The exact reason for the issues was not immediately known. As a result, many users had to depend on alternatives like the calling feature in the popular messaging app, Whatsapp, to speak with others.
In November, leading telecom players Bharti Airtel, Reliance Jio and Vodafone Idea increased prepaid tariff rates by up to 25 per cent
India is yet to use the 5G technology and the wait only got longer with Finance Minister Nirmala Sitharaman announcing on Tuesday that mobile services for the masses will be available in 2023.
The telecom sector reforms are poised to boost 4G proliferation, infuse liquidity and create an enabling environment for investment into 5G networks, according to Economic Survey 2021-22.
Telecom operator Bharti Airtel on Monday announced an agreement to acquire about 25 per cent equity stake in Bengaluru-based technology startup Lavelle Networks.
Communications and IT Minister Ashwani Vaishnaw on Monday said the telecom department will not interfere in matters related to mobile phone manufacturing.
The airline industry is raising the stakes in a showdown with AT&T and Verizon over plans to launch new 5G wireless service this week, warning that thousands of flights could be grounded or delayed if the rollout takes place near major airports. CEOs of the nation's largest airlines say that interference from the wireless service on a key instrument on planes is worse than they originally thought. "To be blunt, the nation's commerce will grind to a halt" unless the service is blocked near major airports, the CEOs said in a letter Monday to federal officials including Transportation Secretary Pete Buttigieg, who has previously taken the airlines' side in the matter. AT&T and Verizon plan to activate their new 5G wireless service Wednesday after two previous delays from the original plan for an early December rollout. The new high-speed 5G service uses a segment of the radio spectrum that is close to that used by altimeters, which are devices that measure the height of aircraft .
Revenue declined 4.86 per cent during the quarter
The telecom sector wants the government to suspend universal service obligation fund (USOF), which financially supports rollout of telecom services in the rural area