Quoting a top official close to the development, the report said that both Vodafone and Idea do not want the new operations to start under pressure of excess manpower.
For India broadcast bid, Sony's singular bid was Rs 11,050 to Star's Rs 6196 crore.
A statement by Shardul Amarchand Mangaldas, Vodafone's advisors for the deal, said the regulator carried out a comprehensive review of the transaction and concluded that there was no appreciable adverse effect on competition from the proposed merger
CAG calculated that Airtel owes to the government Rs 2,602.24 crore in licence fee and spectrum usage charge (SUC) for 2010-11 to 2014-15. It owes another Rs 1,245.91 crore in interest.
Hit hard by the entry of Mukesh Ambani’s Reliance Jio, major telecom operators in India - Bharti Airtel, Idea Cellular and Reliance Communications – are likely to see their balance sheets under pressure in the fourth quarter of the current fiscal as
Mukesh Ambani’s Reliance Jio, the telecom offering that has declared an all-out war against the incumbents with its low cost offerings, today did a Munna bhai act wishing its rivals Airtel, Vodafone and Idea a ‘Happy Valentine’s Day’.
Vodafone and Idea have recently confirmed that they are in talks of merging the two entities to create a behemoth of around Rs 80,000 crore.
Buoyed over the talks of a possible merger with Vodafone, Idea cellular's shares continued to shine with a spike of over 56 per cent registered in the last eight trading sessions. In intraday trade, the
In the latest in the bitter battle between incumbent telecom operators and Reliance Jio, Idea Cellular, India’s third largest wireless operator, has filed a petition in the appellate telecom tribunal against TRAI for allowing the
Facing heat from Jio's unlimited free calls offer, the incumbent players are coming up with new plans to keep their user base intact. The latest in the string is India’s second largest telco Vodafone, which
In a move aimed at giving tough competition to the Reliance Jio tariff rates, the Idea Cellular today announced free calls and limited mobile internet use priced at Rs 148 and Rs 348. "Priced around
Escalating the fight against rival telcos, Reliance Jio Infocomm has filed a complaint against Bharti Airtel, Vodafone India and Idea Cellular for not providing points of interconnect (PoIs) required for calls to go through. The
In a major setback to the leading telecom companies, the Indian telecom regulator today slapped heavy penalties on three telecom players -- Bharti Airtel, Vodafone India and Idea Cellular -- for not providing sufficient points
New entrant in the 4G market, Reliance Jio, is providing internet speeds slower than that offered by Airtel, Idea Cellular, Vodafone and Anil Ambani-owned Reliance Communications, data published on TRAI’s website said.
Reliance Jio has again asked Vodafone and Idea Cellular to release interconnection ports.
Former Chief Justice of Delhi High Court, Justice BC Patel has said that incumbent operators - Airtel, Vodafone and Idea should be asked to pay a penalty of Rs 9,900 crore combined for alleged breach
Contradicting Idea Cellular's claim on Friday that it has augmented interconnect capacity for Jio by 230 per cent, Reliance Jio said that its subscribers are still 75 per cent call failures while trying to connect with the network of Idea.
Leading telecom operators have deposited Rs. 14,653 crores as earnest money for the country's largest ever spectrum auction from October 1, with Reliance Jio alone submitting Rs. 6,500 crores. As per the information released by
In an attempt to counter threat from new entrant Reliance Jio, Indian telecom major Idea Cellular will unveil its own digital services including Idea TV, Idea Videos, Idea Chat and storage starting current fiscal.
Bharti Airtel today agreed to provide Reliance Jio additional points of interconnection (POIs) for checking massive call drops Jio users have been facing. The decision was taken at a bilateral discussion with Reliance Mukesh Ambani-owned.
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