Bharti Infratel, the telecom tower company from the Bharti group, reported a modest 4% growth in sales and 2% improvement in net profit due to a loss of tenancies as well as increasing fuel costs. The company’s revenue rose 4.2% on year…
India’s state-owned telecom utility Bharat Sanchar Nigam Ltd is likely to report a decline of around 1.66 mln landline phone users in the year-ended March 2018, the highest in its history. During the first ten months of the just-concluded financial year, the…
Financial services firm Credit Suisse said sales of Jiophone, which had begun to lose steam after an initial surge, are now back on track due to the affordable Rs 49 plan launched by Reliance Jio. Jiophone, priced at Rs 1,500, is estimated…
Newly launched telecom operator Reliance Jio has overtaken market leader Bharti Airtel as the company with the largest telecom network in India. As of March 1, Reliance Jio had 4.48 lakh telecom base stations (towers) in India, compared to 4.31 lakh base…
The Telecom Commission, the top bureaucratic decision making body within the communications ministry, has approved a Rs 7,330 cr project to set up an additional 4,072 mobile towers in left-wing extremism affected areas, telecom minister Manoj Sinha said today. The project will…
The pain for Bharti Airtel, Vodafone India and Idea Cellular may be far from over as Reliance Jio is seen preparing a massive rollout of its low-cost smartphone that could deal yet another heavy blow to the incumbent telecom operators’ revenue. Speaking…
After advising restraint in the fight with new operator Reliance Jio, it seems to be the turn of Idea Cellular and its partner Vodafone to slash prices. Both operators have cut the price of the cheapest unlimited voice and data pack to…
Telecom minister Manoj Sinha today said that the government has ‘no plans’ to merge state-owned telecom service providers Bharat Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd. Sinha also said that BSNL is going ahead with the outsourcing of operations and maintenance…
UK’s Vodafone is looking to combine its stake in Indus Towers, India’s largest tower company, with Bharti Infratel, the tower arm of market leader Bharti Airtel, on the basis of $5 bln valuation for its asset, the Economic Times reported, quoting unnamed sources….
International credit rating agency Fitch said it revised its outlook on the Indian telecom sector to ‘stable’ from ‘negative’ and sees the sector returning to revenue growth in 2018. “We expect gradual price discipline in India’s telecoms sector to drive a mid-single-digit…
Bharat Sanchar Nigam Ltd or BSNL, the state-owned telecom operator, said it has cancelled its order to stop unlimited free calls on its landlines on all Sundays. The order was issued two weeks ago and had said that the facility of unlimited…
Telecom companies in India have been caught by surprise by the increase in voice calls made by their subscribers in recent months, telecom secretary Aruna Sundararajan said on Tuesday after attending a meeting with industry officials. “They have been surprised by the…
Kotak Institutional Equities has withdrawn its rating on Bharti Airtel, expressing concern about what exactly new entrant Reliance Jio is trying to achieve in the market with its relentless price cuts. “What does Jio want,” asked analyst Rohit Chordia in his note…
An analysis of search data from Google has reveals that Bharti Airtel’s 4G service has overtaken Reliance Jio in terms of creating online buzz, as reflected by the number of searches on Google. Bharti’s LTE service, called Airtel 4G, had been totally…
Idea Cellular and Vodafone India will gear their network heavily towards 4G after merger and will also shut down over 60,000 cell sites as part of network optimization, going by the presentation being made by Idea in front of investors. The companies…
In a sign that it is willing to go all the way in taking on Reliance Jio, Bharti Airtel has slashed its 4G price to an all-time low of Rs 2.14 per GB. With its new tariff line-up, Bharti Airtel is now…
Bharti Airtel CEO Gopal Vittal said he believes the worst is over as far as the company’s revenue decline is concerned. During the last three months of 2017, Airtel saw the highest ever decline in both its India mobile revenue as well…
Bharti Airtel CEO Gopal Vittal today said that the current levels of pricing in the Indian telecom market was ‘clearly unsustainable’ and will have to be raised. “These levels of pricing are clearly unsustainable, therefore pricing will have to be lifted,” he…
The Telecom Regulator’s subscriber addition numbers for November showed that new operator Reliance Jio continued to lead the charts in terms of net subscriber addition, but rivals like Idea Cellular and Vodafone too have come back on the growth path. Part of…
After disrupting the market with its 1GB per day plans, Reliance Jio has unveiled new packs targeted at heavy users. Two new plans have been unveiled today that were not present on the company’s website earlier — a 3GB per day plan…
