New Delhi: Amendments to licence agreements of existing operators of Airtel, Vodafone and Idea Cellular have been approved by the Telecom Ministry to harmonise them with spectrum auction rules of November 2012, sources said.
"Telecom Minister Kapil Sibal has approved amendments to the licences of Airtel, Vodafone and Idea Cellular on June 6," a DoT source said. "NIA (Notice Inviting Application) provides for amendment to the existing licence agreement of the successful bidders. Accordingly licence agreement of the existing licencees (Airtel, Vodafone and Idea Cellular) who have won spectrum in 2012 auction need to be amended to incorporate terms and conditions," the source said.
The condition for using spectrum won in November auction are viewed as more liberal compared to spectrum allocated to telecom operators under previous permits. As per current norms, the spectrum won by telecom operators can be shared with other telecom operator holding permit to provide services in the same area. ...
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11:10 PM, Jun 11, 2013
New Delhi: The Delhi High Court on Monday sought response from Idea Cellular Ltd (ICL) and its chairman Kumar Mangalam Birla on a contempt petition against the telecom major for allegedly disobeying its earlier order by providing 3G services to new customers in circles where it lacks the requisite licences. Justice Rajiv Shakdhar asked the telecom company and five others including Birla to file their response within four weeks and...
06:32 PM, May 27, 2013
New Delhi: The Delhi High Court on Monday issued contempt notices against telecom company Idea Cellular and its chairman Kumar Mangalam Birla for allegedly disobeying its earlier order by providing 3G services to new customers in areas for which it did not have a licence. Hearing a contempt of court plea filed by the Department of Telecommunications (DoT), Justice Rajiv Shakdher also issued notice to Himanshu Kapania, managing director of...
05:44 PM, May 27, 2013
New Delhi: The Delhi High Court on Monday issued contempt notices against telecom major Idea Cellular Ltd (ICL) and its chairman Kumar Mangalam Birla for allegedly disobeying its earlier order by providing 3G services to new customers in circles where it lacks the requisite licences. Justice Rajiv Shakdhar asked the telecom company and five others including Birla to file their responses within four weeks and posted the matter for further...
03:15 PM, May 27, 2013
New York: US Cellular, the only major US wireless carrier to resist the iPhone, says it's going to start selling it this year. CEO Mary Dillon announced the reversal Friday on a call with investors and analysts. She didn't specify exactly when the company would start selling Apple's phone, or what models it would carry. A year and a half ago, Dillon said US Cellular Corp. had the opportunity to...
04:49 PM, May 05, 2013
Mumbai: Buoyed by strong growth in voice usage and data consumption, telecom operator Idea Cellular on Thursday posted 29 per cent jump in consolidated net profit at Rs 308.18 crore for the fourth quarter ended March 31, 2013. Given the strong performance, the company has announced a dividend for the first time in 16 years. The company's net profit stood at Rs 238.98 crore in the same period last fiscal....
09:56 AM, Apr 26, 2013
New Delhi: A Delhi court on Monday fixed April 29 for hearing the matter in additional 2G spectrum allocation case in which Bharti Cellular CMD Sunil Mittal, Essar Group promoter Ravi Ruia and others have been summoned as accused. Mittal, Ruia and former Telecom Secretary Shyamal Ghosh appeared before Special CBI Judge OP Saini and the court adjourned the matter in pursuance of the order passed by the Supreme Court...
11:30 AM, Apr 22, 2013
New Delhi: Bharti Cellular CMD Sunil Mittal and Essar Group promoter Ravi Ruia on Tuesday appeared in a Delhi court in connection with the additional 2G spectrum allocation case and furnished personal bonds in pursuance of the Supreme Court's direction. Both the accused placed on record the apex court's order and submitted separate personal bonds. Special CBI Judge OP Saini accepted their bonds till the next date of hearing and...
11:30 AM, Apr 16, 2013
New Delhi: In a breather for Vodafone and Idea Cellular, the Delhi High Court on Friday restrained the Centre from taking any "coercive steps" against the telecom majors which have been asked to pay penalty of Rs 550 crore and Rs 300 crore respectively for providing 3G services outside their circles without requisite licences. Justice Rajiv Shakdher, referring to a Supreme Court order on a plea of Bharti Cellular Ltd...
12:42 PM, Apr 12, 2013
New Delhi: Bharti Airtel cannot add new 3G customers in seven zones where it does not own the airwaves and offers the services through pacts with other carriers, the Supreme Court said on Thursday, pending a final ruling in the dispute. Bharti can, however, continue 3G services in the zones for its existing customers, the court said, after hearing an appeal by India's top telecommunications carrier challenging a government ban...
12:52 PM, Apr 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 Saini the order passed by the Supreme Court postponing till April 16 the proceedings in the case. Besides Mittal and...
12:33 PM, Apr 11, 2013
New Delhi: The Supreme Court on Wednesday postponed the proceedings in the Special CBI court against Essar Group promoter Ravi Ruia till April 16, who has been summoned as an accused in a corruption case related to allocation of additional 2G spectrum in 2002. A bench headed by Chief Justice Altamas Kabir issued notice to CBI seeking its response on the petition filed by Ruia challenging the Special CBI Court's...
08:30 AM, Apr 11, 2013
New Delhi: The Supreme Court on Monday offered partial relief to Bharti Airtel chief Sunil Mittal and six others by directing the 2G case trial court not to withhold hearing till April 16, 2013 but also said it was free to proceed against any person not named in a charge sheet if there were material evidences against them. Hearing Mittal's plea, the court said it would examine April 15, 2013...
05:13 AM, Apr 09, 2013
Bharti Cellular Limited CMD Sunil Bharti Mittal on Monday approached the Supreme Court challenging the March 19 order of the special 2G court summoning him as an accused in a corruption case related to allocation of additional spectrum during the NDA regime in 2002. Mittal, whose name was not mentioned in the CBI's charge sheet as an accused, was, however, summoned by the special CBI court saying there was "enough...
09:14 PM, Apr 01, 2013
Morgan Stanley raised its rating on Bharti Airtel Ltd to "overweight" from "equalweight," citing positive factors for the sector such as rising tariffs and data volumes, falling capital spending and eased competitive intensity. ...
11:12 AM, Feb 27, 2013
The Supreme Court on Thursday dismissed curative petitions of several telecom firms for re-examination of its verdict cancelling 122 2G spectrum licences allocated during tenure of former telecom minister A Raja. ...
07:34 PM, Feb 14, 2013
Bharti Airtel, India's top mobile phone carrier, said it has raised voice call prices to account for rising costs, sending shares of telecommunication companies higher as investors bet that rivals will follow the market leader. Idea Cellular, country's No 3 carrier by revenue and No 4 by customers, also said on Wednesday it had effectively raised voice call prices in some parts of the country after withdrawing promotional offers. It...
07:03 PM, Jan 23, 2013
Idea Cellular, India's no. 3 mobile phone carrier by revenue and fourth-biggest by customers, has increased voice call prices in some telecommunications zones by withdrawing promotional offers, a company spokeswoman said. ...
01:38 PM, Jan 23, 2013
Former Department of Telecom Secretary Shyamal Ghosh and three companies - Bharti Airtel Ltd, Vodafone India Ltd and Hutchison Max & Sterling Cellular - have been charged by the Central Bureau of Investigation (CBI) in the allocation of additional spectrum case during the National Democratic Alliance (NDA) regime. ...
03:30 PM, Dec 21, 2012
The Cabinet on Thursday approved a 30 per cent cut in the reserve price for sale of mobile phone spectrum in four zones that went unsold in the recent damp-squib auction. Airwaves in Delhi, Mumbai, Karnataka and Rajasthan found no takers in the previous auction as bidders found the prices too high. Subsequently, a ministerial panel recommended a 30 per cent cut in the base or reserve price for spectrum...
09:07 PM, Dec 13, 2012
