Uae-based Emirates Telecom Buys 9.8% Stake In Vodafone For $4.4 Bn

Emirates Telecommunications Group Company PJSC “e&” (Etisalat Group) on Saturday announced the acquisition of approximately 2,766 million shares in Vodafone Group Plc aggregating to $4.4 billion. The shares represent 9.8% of Vodafone’s issued share capital. The transaction is in line with e&’s ambition to be a global player in telecom and technology and to increase … Read more

Vodafone in talks to sell 5% stake in Indus Towers to Bharti Airtel: Report

British telecom giant Vodafone is in discussions to sell around five per cent stake in Indus Towers to Bharti Airtel, according to industry sources. When contacted, Vodafone refused to comment on the matter. Vodafone currently holds about 28 per cent in Indus Towers. The industry sources said that Vodafone is in talks to sell its … Read more

Jio seems to have decided for peace

All indications seem to be suggesting this. Jio recently decided to follow Airtel and Vodafone-Idea in raising the tariffs. Industry was not sure whether this would happen, as Jio may want to continue going aggressive in attracting customers from the competitors. Whereas Sunil Mittal (Airtel) has been calling for peace, for the first time Mukesh … Read more

Airtel starts 5G testing with selective enterprises

Airtel takes a step ahead in 5G and rolls out #5GforBusiness for selective enterprise customers to demonstrate 5G use cases using high speed and low latency networks. In tie-up with consulting and technology companies such as Accenture, AWS, CISCO, Ericsson, Google Cloud, Nokia, TCS, Airtel is testing 5G solutions with enterprises such as Apollo Hospitals, … Read more

DoT tells Airtel, Voda Idea, Jio to decide on AGR moratorium in 10 days

The Department of Telecommunications (DoT) has asked Bharti Airtel, Vodafone Idea and Reliance Jio to inform the government by October 29 whether they would opt for the four-year moratorium on adjusted gross revenue- (AGR-) related dues, which is part of the relief package approved last month. Further, three months have been given to service providers … Read more