While Digital Communications Commission (DCC) approved imposing penalty on the companies, it disagreed with a proposal of one of the secretaries to fine Reliance Jio as it "too failed to deliver quality service to customers".
Mobile subscriber base of Vodafone Idea and Bharti Airtel declined by nearly 14.5 million and 15.1 million respectively, totalling nearly 30 million subscribers as of March over the previous month, while Reliance Jio added 9.4 million users, according to the TRAI data.
According to the company, over 2,600 sites are now operational and connecting people in these areas.
The promoter shareholders -- Vodafone Group and Aditya Birla Group -- had earlier reiterated to the board that they intend to contribute up to Rs 11,000 crore and up to Rs 7,250 crore respectively, amounting to total of Rs 18,250 crore, as part of the rights issue.
The company expects that the money raised from the stake sale in Indus Tower and the Rs 25,000 crore rights issue, which is opening on Wednesday, will give it long term war chest to compete in the market.
Following is a list of the best-prepaid plans available on Vodafone, Airtel and Reliance Jio that offer 2GB daily 4G data.
The issue price of Rs 12.50 per equity share (including a premium of Rs 2.50 per equity share) is at a massive 61 per cent discount to the previous closing of Rs 32 per share.
The CCEA has also approved to take on record the proposed changes in the indirect foreign investment in the subsidiaries of VIL that will take place on account of non-residents subscribing to the equity shares in the fund raise, an official statement said.
Talking of speed, Airtel turned out to be the fastest mobile operator in India during the review period regardless of the customer in LTE or not.
The promoter shareholders have also said that in case the rights issue is under-subscribed, each of the promoter shareholders reserves the right to subscribe to part or whole of the unsubscribed portion.
Vodafone Idea, along with Bharti Airtel, has requested the government to defer spectrum payment instalments with a two-year moratorium given the losses that these players are facing.
A letter to this effect has been written by Vodafone Idea Ltd to the Department of Telecom (DoT), said the source who did not wish to be named.
Babul Supriyo took his pet pub Eddie on Rajdhani Express and shared a cute picture of him on the social media.
The company plans to reduce the number of its distributors from around 43,000 to 27,000 by December.
Jio's subscriber base was 23.9 crore in August this year, the Telecom Regulatory Authority of India's (Trai) data for the month showed.
The IPRS moved the high court claiming copyright over the songs and prayed for restraining the telecom firm from using those for its value-added services such as caller ringback tones and mobile apps like Vodafone Play, Idea Music and Idea Movies & TV.
Reliance Jio, the new entrant, exceeded Vodafone and Idea Cellular's AGR, individually, in the January-March quarter.
The combination will have all India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
The move comes just days after Idea Cellular and Vodafone India made a joint payment of Rs 7,268.78 crore 'under protest' to the Department of Telecom (DoT) for merging their mobile business.
The merger is set to create the country’s largest mobile services operator. The combined debt of both the companies is estimated to be around Rs 1.15 lakh crore.
