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Telcos may default on spectrum auction dues over AGR payment

Telcos may default on spectrum auction dues over AGR payment

🕔12:38, 18.Feb 2020

New Delhi, Feb 18  The new stress that could now emerge for government and banks despite winning the AGR battle against the telcos in the Supreme Court is the strong possibility of telecom companies defaulting on last spectrum auction dues

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Fani: Vodafone Idea revives 90% network in 10 Odisha districts

Fani: Vodafone Idea revives 90% network in 10 Odisha districts

🕔06:48, 16.May 2019

New Delhi/Bhubaneswar, May 16  Telecom major Vodafone Idea on Wednesday said that it has revived nearly 90 per cent of its network in 10 districts of Odisha which were impacted by cyclone Fani. According to the company, over 2,600 sites

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Vodafone Idea’s Q3 consolidated net loss over Rs 5,000 cr

Vodafone Idea’s Q3 consolidated net loss over Rs 5,000 cr

🕔10:42, 7.Feb 2019

Mumbai, Feb 7  Telecom major Vodafone Idea on Wednesday reported a consolidated net loss of Rs 5,004.6 crore for the quarter ended December 31, 2018. This was the first full quarter results for Vodafone Idea after the merger of Vodafone

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Airtel to provide digital experience to Kumbh Mela visitors

Airtel to provide digital experience to Kumbh Mela visitors

🕔09:59, 15.Jan 2019

New Delhi, Jan 15  Telecom major Bharti Airtel on Monday announced that it would roll out digital features for Kumbh Mela visitors such as virtual reality, online streaming of events and better internet connectivity. The annual event at Prayagraj (previously

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Bharti Airtel’s Q2 consolidated net profit falls 65%

Bharti Airtel’s Q2 consolidated net profit falls 65%

🕔10:52, 26.Oct 2018

New Delhi, Oct 26  Telecom major Bharti Airtel on Thursday reported a 65.4 per cent year-on-year fall in its consolidated net profit for the quarter ended September. The company’s net profit stood at Rs 119 crore, down from Rs 343

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Airtel ties up with Telecom Egypt for global submarine cable systems

Airtel ties up with Telecom Egypt for global submarine cable systems

🕔14:53, 6.Aug 2018

New Delhi, Aug 6  Telecom major Bharti Airtel on Monday announced a strategic partnership with Egyptian operator Telecom Egypt (TE), which would allow Airtel to use the Middle East North Africa (MENA) Submarine Cable and TE North cable systems. The

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Idea Cellular’s Q1 net profit at Rs 257 cr

Idea Cellular’s Q1 net profit at Rs 257 cr

🕔10:08, 31.Jul 2018

Mumbai, July 31  Telecom major Idea Cellular on Monday reported a consolidated net profit of Rs 256.5 crore during the quarter ended June, against a net loss of Rs 814.9 crore during the corresponding period of financial year 2017-18. The

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IBM eyeing BFSI, telecom sector for growth in India

IBM eyeing BFSI, telecom sector for growth in India

🕔13:10, 14.Feb 2018

Mumbai, Feb 14 When it comes to digital transformation, sectors like the Banking, Financial Services and Insurance (BFSI), and telecom, will become the growth engines for India and IBM is ready to meet the technology requirements, a top company executive has

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Idea raises Rs 3,250 cr through share allotment

Idea raises Rs 3,250 cr through share allotment

🕔10:05, 13.Feb 2018

Mumbai, Feb 13  Telecom major Idea Cellular on Monday raised Rs 3,250 crore through allotment of 32.66 crore equity shares to the Aditya Birla Group entities. According to a statement from Idea Cellular, equity shares were allotted at an issue

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Five telecom companies understated Rs 14,814 cr revenue : CAG

Five telecom companies understated Rs 14,814 cr revenue : CAG

🕔22:20, 19.Dec 2017

New Delhi, Dec 19 (IANS) Five private telecom service providers, including Tata Teleservices, Quadrant Televentures, Videocon Telecommunication, Telenor and Reliance Jio, have understated revenues of Rs 14,813.97 crore, a Comptroller and Auditor General (CAG) report said here on Tuesday. The shortfall

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Telecom, IT industry hopes for better taxation in Budget 2014-15

Telecom, IT industry hopes for better taxation in Budget 2014-15

🕔15:20, 8.Jul 2014

New Delhi, July 8  Stakeholders of the telecom and information technology (IT) sectors are expecting the budget for 2014-15 to be presented in parliament by Finance Minister Arun Jaitley will settle various taxation issues and invite fresh investments. “Time and

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