Reliance Jio has become the largest telecom player with 36.9 crore mobile subscribers in November 2019, according to the data published by telecom regulator Trai on Thursday. Vodafone Idea reported a total mobile subscriber base of 33.62 crore and Bharti Airtel at 32.73 crore customers for November 2019.
The Department of Telecom will meet industry players and various associations on January 6 to discuss the Budget wishlist and outstanding issues of the sector which is confronted with thousands of crores in unpaid statutory dues and burgeoning debt, according to sources.
TRAI, in a statement, said it has decided that in case of multi-TV homes where more than one TV connection is working in the name of one person, it will charge a maximum of 40 per cent of declared Network Capacity Fee (NCF) for the second and additional TV connections.
DoT to soon begin testing 5G networks in India with support from telecom operators and vendors.
Airtel reduced validity to 56 days on its popular Rs. 558 prepaid recharge plan: Here's everything you need to know
From being the world's cheapest and fastest growing market, India's telecom sector is sputtering as it faces life-threatening liability running into billions of dollars, a crisis that may alter the character of an industry that has already seen a painful price war destroying profits and push several operators out of the market.
Airtel rolls out WiFi calling support in more places such as Mumbai, Kolkata, among others. Read on to know more.
The revenue from the telecom sector to the government has seen a seven per cent drop in fiscal 2019, Rajya Sabha was told on Thursday
Researchers have discovered that telecommunication lines, which carry internet and phone service, can pick up the rumble of thunder underground, an advance that can offer scientists a new way to detect environmental hazards, and image deep inside the Earth.
The industry's debt to operating profit ratio will come down to 4.6 times from the present 7.5 times, if the operating profit improvements indeed happen as expected
Vodafone-Idea may shut down soon. It is not a speculation. Vodafone Idea Limited Chairman Kumar Mangalam Birla has himself admitted to the plunging fortunes of the company. Birla on Friday said Vodafone Idea Ltd would shut down if the government does not provide relief on the liability it faces in past statutory dues following a Supreme Court order.
The revised rates of telecom operators will add to the inflation rate in the country. Reserve Bank Governor Shaktikanta Das said on Thursday.
On the NSE, the stock soared 9.93 per cent to Rs 7.75 per unit. It zoomed 12.05 per cent to Rs 7.90 during the day. Bharti Airtel also saw its shares rising though marginally at 0.41 per cent to end at Rs 460.85 a unit on the BSE. Intra-day, its stock touched a high of Rs 464.75 apiece, up 1.26 per cent.
Potential payment of past due fees weighs on the credit profile of Bharti Airtel Ltd despite spectrum moratorium and price hikes, it said.
After hitting 52-week high in previous session, shares of Bharti Airtel on Tuesday fell over 1 per cent after Moody's said AGR dues are credit negative for the telecom operator. The stock was trading 1.32 per cent down to Rs 452.50 on the BSE. On the NSE, the stock declined 1.46 per cent to Rs 451.90.
Airtel, Jio, Vodafone plans revised: Here's how you can manage your FUP limits and save 4G data
Shares of Vodafone Idea were trading at Rs 8.38, up 22.69 per cent, on the BSE. The stock rose 22.63 per cent to Rs 8.40 on the NSE.
Are you fed up with frequent call drops and no network? Airtel and Jio bring VoWi-Fi calling to India. Here's how you can make calls without a mobile network on your Android, iOS smartphones.
Along with Bharti Airtel, VFSI Holdings Pte Ltd and UV Asset Reconstruction Company Limited have submitted their bids. "Bharti Airtel seems to be the highest bidder with bids of around Rs 9,500 crore. However, the final result will be known on Friday after the committee of creditors (CoC) opens all the bids," the source said.
The consultation paper from Trai has been issued when telecom operators have announced their plan to raise tariffs. The regulator has floated a proposal to ask telecom operators to retain details of old plans, while they publish information around new plans.
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