TELECOM SECTOR

  • Yashwant writes to PM, warns of another scam in telecom sector November 12, 2013

    New Delhi: The Bharatiya Janata party (BJP) has raised the issue of a possibility of another scam which might be taking place in the telecom sector. Senior BJP leader Yashwant Sinha in a letter to Prime Minister Manmohan Singh has raised questions on the new reserve price of spectrum as...
  • ITSB crossed 90 cr mark in May, informs TRAI August 16, 2013

    Registering a marginal growth, Indian telecom subscriber base (ITSB) crossed 90 croremark in May this year after almost two years. The base grew by 0.34 per cent to reach 90.005 crore, according to Trai data. This is the second time the subscriber base is breaching the 90 croremark. Earlier in June 2012,...
  • Reliance Communications halves 3G data price July 18, 2013

    New Delhi: Reliance Communications, India's thirdbiggest mobile phone carrier by customers, has cut the price of thirdgeneration data services by half, Gurdeep Singh, head of the company's mobile business, said on Thursday. Only about 5 per cent of India's 850 million mobile users have subscribed to 3G services, which are estimated...
  • Govt issues fresh spectrum to Vodafone in 14 circles June 20, 2013

    New Delhi: Government has allocated spectrum to Vodafone in all 14 service areas, where the telecom major won in November 2012 auction for Rs 1,127.94 crore. "The spectrum has been allocated to Vodafone on June 18. After this, Wireless Operating Licence will be issued to Vodafone," official sources told reporters. Vodafone...
  • 2G spectrum allocation case: Mittal, Ruia appear in court April 11, 2013

    New Delhi: Bharti CMD Sunil Mittal and Essar group promoter Ravi Ruia, who have been summoned as accused in the additional 2G spectrum allocation case, on Thursday appeared in a Delhi court which posted the matter for further proceedings on April 16. Mittal's counsel placed before special CBI judge OP...
  • Telecom sector is undergoing transition: Sam Pitroda April 8, 2013

    New Delhi: Terming the present state of the Indian telecom sector as a transition phase, National Innovation Council Chairman Sam Pitroda on Monday said the next revolution is expected to be much bigger than the earlier one. "We are just going through a transition, everybody goes...
  • Morgan Stanley upgrdaes RComm to 'equalweight' March 26, 2013

    Mumbai: Morgan Stanley upgrades Reliance Communications Ltd to "equalweight" from "underweight," citing improving outlook for the telecoms sector due to higher tariffs, falling capex, and "more attractive" valuations. However, Morgan Stanley warns a key risk remains in Reliance Communications' debt levels, estimating its net debt to EBITDA at around five times...
  • 2G spectrum auction ends, govt gets onethird of target November 14, 2012

    New Delhi: The much talked about 2G mobile phone spectrum auction ended in a damp squib on Wednesday with half of the airwaves on offer remaining unsold and government getting just about onethird of the targeted revenue. According to preliminary estimates, the government received bids worth "muchless" than Rs 10,000 crore...
  • Reallocation of all 900 MHz spectrum recommended October 17, 2012

    New Delhi: The Telecom Commission has recommended that mobile phone carriers give up all their airwave holding in the superior 900 mega hertz band at the time of their permit renewals, a widely opposed move by the industry that says it will cost about $24 billion more in capital outlay....
  • Huawei to open global R&D centre in India June 25, 2012

    Shanghai: Despite uncertainties in the telecom sector, Chinese equipment maker Huawei will invest $2 billion over the next four years in India as it looks to aggressively market consumer devices and set up global R&D centre in the country. The company, which clocked $1.5 billion in revenues from India in 201112,...
  • TRAI sticks to controversial 2G auction plans May 14, 2012

    New Delhi: India's telecoms regulator on Sunday reaffirmed most of its proposed rules for an auction of mobile airwaves, including a steep base price for bids, despite howls of protests by carriers in the world's secondbiggest mobile phone market. The Telecom Regulatory Authority of India (TRAI) had last month suggested an...
  • Rahul Khullar to be the new TRAI Chairman May 13, 2012

    New Delhi: The government is understood to have approved the appointment of Rahul Khullar, at present the Commerce Secretary, as Chairman of the Telecom Regulatory Authority of India (TRAI). Khullar, a 1975 batch IAS officer of Delhi cadre, would succeed JS Sarma, sources said. Sarma's tenure ended on Sunday. Khullar will head...
  • New spectrum regime to augur well for telecom sector: TRAI February 15, 2012

    Telecom Minister Kapil Sibal unveiled new norms for the telecom sector. India will allow mergers and acquisitions in the telecoms sector that create combined market share of up to 35%, under a quick and simple process. In an interview to CNBCTV18, JS Sarma, chairman of the Telecom Regulatory Authority of India...
  • 2G: Reliance ADA Group officials quizzed by CBI February 12, 2011

    New Delhi: The CBI on Friday questioned some of the top officials of Reliance Anil Dhirubhai Ambani Group (ADAG) in relation with the 2G scam, the group confirmed in a statement. The statement said: As part of its ongoing probe pursuant to the SC's (Supreme Court) orders, the CBI has...
  • BPO, telecom may be hit as undersea cables break down December 22, 2008

    New Delhi: The IT, BPO and telecom services in the country will be hit on Monday when they resume operations after weekend holidays as three undersea cables have broken down. "The undersea cables in the Mediterranean Sea, which link Europe to West Asia, broke down on Friday evening. Its impact was...
  • Watch: 3G services in India, what does it mean December 11, 2008

    Prime Minister has inaugurated the MTNL 3G service, putting India on global 3G map From boring land lines that rarely worked, to being the first Indian company to offer 3G telephony MTNL sure has come a long way. But what exactly does 3G mean? Rati Chaudhary reports. ...
  • Vodafone loses India tax case, to appeal December 3, 2008

    Mumbai: The Bombay High Court on Wednesday dismissed a petition against a $2 bn tax bill relating to Vodafone Plc's purchase of a mobile phone operation in India in 2007, but the British firm said it plans to appeal. "Vodafone, based on advice received, continues to believe that the transaction...