Govt has just announced the much needed relief for the telecom sector. Click here for the key announcements Telecom industry in general has been very appreciative of the announced measures. Sunil Bharti Mittal of Airtel in his usual style has been more expressive than the competition and has taken the opportunity to call for truce … Read more
Cash strapped Indian telecom sector was looking at the govt for long and govt abides… The much anticipated reforms are announced. Broadly they provide deferment of the immediate regulatory payments and a cleaner future process to operate. Key points – 4 year moratorium on all spectrum and Adjusted Gross Revenue (AGR) dues. However, interest would … Read more
Tejas will supply, install and support it’s optical transmission products for extending Airtel’s optical networks towards the edge, supporting 5G, business-to-business (B2B) services and broadband applications. Key points to note – Tatas (through a subsidiary of Tata Sons) recently (July 2021) acquired a controlling 43.55% stake in Tejas for Rs 1,884 crore at Rs 258/ … Read more
The government’s four-year breather to telecom companies from paying spectrum and adjusted gross revenue (AGR) has fired up the telecom stocks at the bourses in the past two trading sessions. While most brokerages have given a thumbs up to the development and suggest the provisions give some breathing space to Vodafone Idea (VI) – at … Read more
Jio partnered with Google last year to develop an ultra-affordable Android-based smartphone to address the mass Indian market that couldn’t shift to smartphone ecosystem due to unaffordability. (It’s also important to mention here that Google had simultaneously invested $ 4.5 bn into Jio for a deeper commitment to the overall Indian digital story) The phone … Read more
As per rumours, Reliance Industries Ltd (RIL) is set to make a $5.7 billion offer to acquire a controlling stake in T-Mobile Netherlands BV (TMN), the country’s largest telecom operator with 5.7 million users. RIL is expected to make the offer within a month and has begun shortlisting lenders to fund the transaction. TMN is … Read more