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Telecom panel seeks clarity from TRAI

Telecom panel seeks clarity from TRAI

The Telecom Commission has directed the Department of Telecom to seek clarity from the Telecom Regulatory Authority of India (TRAI) on whether the regulator can impose penalty on the operators for violation for interconnect norms

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Mood coloured by near-term uncertainty

Mood coloured by near-term uncertainty

Hemant Maganlal Joshi, Technology, Media and Telecom Leader, Deloitte Haskins & Sells, feels that despite the near-term sluggish outlook for the telecom industry, innovation will help it come out of the woods.

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Spectrum auction nets Rs 14,000 crore as deposits

Spectrum auction nets Rs 14,000 crore as deposits

Seven telecom operators have deposited Rs 14,653 crore as earnest money for the largest spectrum auction from October 1. The Department of Telecommunications (DoT) has said that Reliance Jio, Bharti Airtel, Idea Cellular and Vodafone can bid in any spectrum band in any of the telecom circles in the country.

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Airtel completes Rs.4,428 cr deal with Videocon Telecom

Airtel completes Rs.4,428 cr deal with Videocon Telecom

Bharti Airtel has said that it has completed the Rs.4,428 crore deal with Videocon Telecommunications Ltd (VTL) to acquire the latter´s spectrum in six circles. In March, Bharti Airtel and VTL had entered into a definitive agreement, wherein, Airtel proposed to acquire the rights to use 2X5 MHz spectrum in the 1800 MHz band allotted to VTL for an aggregate consideration of Rs.4,428 crore.

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Bharti Airtel to sell 950 towers in Congo

Bharti Airtel to sell 950 towers in Congo

Bharti Airtel has entered into an agreement with Helios Towers Africa (HTA) for divestment of about 950 towers in the Democratic Republic of Congo (DRC). The deal will help Airtel deleverage through debt reduction and reduced capital expenditure, though the size was not disclosed.

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Top three telcos corner 91% revenue in Q1

Top three telcos corner 91% revenue in Q1

Once Reliance Jio starts operations later this year, the telecom sector is expected to see some serious disruption. For now, the three big boys of the sector - Bharti Airtel, Vodafone and Idea - are growing at a blistering pace, and at the expense of smaller rivals. In the first quarter, the three accounted for 91 per cent of the sector´s incremental revenue.

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