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Latest Articles in Telecom Services

Vodafone To Explore Ways To Sell Stake In Indus Towers

Bharti Airtel's mobile tower arm Bharti Infratel and Vodafone hold 42 per cent each in India's largest mobile tower firm Indus Towers and the rest is held by Idea Cellular

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Idea Cellular Posts Q2 Net Loss Of Rs 1,106.8 Crore

Its revenue from operations dropped 19.72 per cent to Rs 7,465.5 crore in the quarter under review, from Rs 9,300.23 crore in the year-ago period

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Vodafone, Idea To Sell Off Tower Businesses To ATC Rs 7,850 Crore

The standalone tower businesses of Vodafone and Idea comprise a combined portfolio of nearly 20,000 towers. The tower deal will not affect the merger terms of the two companies

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Qatari Investor Selling $1.5 Billion Stake In Bharti Airtel

A Qatari investor sold its entire 5 percent stake in top Indian telecoms carrier Bharti Airtel on Wednesday for 96 billion rupees ($1.48 billion), adding to the sanctions-hit Gulf nation's recent stake sales in foreign companies.

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RComm Says In Talks With Parties Over Sale Of Tower Business

The deal with Brookfield Infrastructure Group for tower transaction was condition precedent based on the demerger of wireless division of the company with Aircel, which was called off by the company and Aircel on mutual consent on October 1, 2017

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Tata Communication Betting Big On IoT, To Spend $100 Million In 2-3 Years

IoT is a serious business and will become a significant revenue line for the firm going forward, Tata Communications Senior Vice President and Head, Internet of Things

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Airtel Q2 net profit tanks 76.5% to Rs 343 cr on tariff wars

Airtel's total revenue fell 11.7 per cent to Rs 21,777 crore during the second quarter of 2017-18, from Rs 24,651.50 crore in the year-ago period

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Reliance Communications Shares Jump After New Debt Repayment Plan

The company, with $6.8 billion of net debt as of last March, said it will look to repay Rs 170 billion ($2.62 billion) of loans by selling assets such as mobile towers

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Bharti Infra To Acquire Indus Towers, Create Largest Mobile Tower Company

Bharti Infratel and Vodafone India hold 42 per cent stake in Indus Towers and rest is held by Idea Cellular

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Government Aims To Double Telecom Footprint In India By 2020

The government is working on telecom projects worth of Rs 1 lakh crore, which will be completed in the next two years, including phase 1 of Bharat Net

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RCom To Focus On 4G Broadband Service - Shutdown Of Wireless Business On Cards?

Earlier this month, RCom said it would evaluate an alternative plan for the mobile business after a deal fell through to merge the unit with rival Aircel

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India Mobile Carriers Rally On Hopes For Easier Competition After Jio Price Rise

Top-ranked Bharti Airtel Ltd rose to a more than eight-year high and Reliance hit a record on the first day of trading since Jio's announcement last week of new high-end data tariffs that effectively raise prices by as much as 20 percent

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T-Mobile, Sprint Aim To Announce Merger Without Asset Divestitures

T-Mobile U.S. Inc and Sprint Corp plan to announce a merger agreement without any immediate asset sales, as they seek to preserve as much of their spectrum holdings and cost synergies as they can before regulators ask for concessions, according to people familiar with the matter.

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