New Vi Max postpaid plan offers users more data and SMSes per month, apart from travel discounts, airport lounge access, and priority customer service; comes into effect on Wednesday
Development comes on the heels of Indus Towers warning the financially stressed telecom company of disconnection of services over non-payment of dues
American Tower Corp. is weighing entering the race for a stake in Vodafone Group Plc's €13 billion ($12.6 billion) wireless towers unit, people familiar with the matter said.
Merger would create new leader in British mobile market; Vodafone in talks about creating a 51%-49% joint venture; deal structured using debt, with no cash consideration
As India and other countries take firm steps to adopt 5G, the number of job postings by telcos related to 5G increased by 65 per cent last month, from 5,265 job postings in January to 8,667 in July
Whether Reliance Jio can change the rules of the 5G game, just as it did with 4G services, therefore, remains the key question still
The 5G auctions will be a financial boost for Prime Minister Narendra Modi's government, which is trying to tame inflation and rein in the fiscal deficit
Debt-ridden telecom operator Vodafone Idea's shareholders have approved equity allocation worth Rs 436.21 crore to its promoter entity, the Vodafone Group
Airtel and Vodafone Idea down by 3.1 mn and 3.8 mn users respectively; Jio's base remains flat
The government will auction a total of 72097.85 MHz of spectrum with a validity of 20 years by July-end, said an official statement
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From Sun Pharma posting loss in Q4 to Vodafone-Idea engaging in talks to raise funds, here are the top headlines on Tuesday morning
The move comes days after e& said it was looking to expand into new markets in Africa, Europe and Asia and in areas outside telecoms such as financial technology as its seeks to drive growth
Exiting from India is mostly part of the global strategy of the marquee firms to put their energies into more lucrative projects and deal with easier markets
Vodafone Idea on Wednesday announced its partnership with Apna, Enguru and Pariksha to enhance engagement with users, specially the job aspirants, and reduce customer churn on the network
CLOSING BELL: Hindalco tumbled 5 per cent, followed by Divis Labs, Apollo Hospitals, RIL, Wipro, Eicher Motors, Dr Reddy's Labs, and Cipla
Mobile companies took a 20% tariff hike in prepaid plans towards November-end, which has resulted in consolidation of SIM cards
Bharti Airtel along with its wholly-owned subsidiary has acquired about 4.7 per cent stake in Indus Towers from Euro Pacific Securities, an affiliate of Vodafone Group, a stock exchange filing said on Tuesday. The shares were acquired at Rs 187.88 a piece, it said. "...We wish to submit that the company, along with its wholly-owned subsidiary, Nettle Infrastructure Investments Limited, has acquired 127,105,179 equity shares (about 4.7 per cent) of Indus Towers at Rs 187.88 per share from Euro Pacific Securities Ltd., an affiliate of Vodafone Group Plc," Airtel said in a BSE filing. Last week, Bharti Airtel had said it will acquire 4.7 per cent stake in Indus Towers from Vodafone Group for about Rs 2,388 crore. Indus Towers, formerly Bharti Infratel, provides passive telecom infrastructure. It owns, deploys and manages telecom towers and communication structures for various mobile phone service operators. The company's portfolio of over 1,84,748 telecom towers makes it one of the .
Besides Vodafone, Aditya Birla Group plans to pump in up to Rs 1,125 crore, according to a regulatory filing on Friday
CLOSING BELL: Sectorally, only the Nifty IT index eked out gain on the NSE, rising 0.14 per cent