European regulators have adopted strict rules, limiting how telecom firms like Vodafone and Orange can prioritise some types of Internet traffic, dealing a blow to an industry hoping to boost revenues.
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
NLC establishes green energy joint venture with Assam Discom
GMDC bags 2 coal blocks in Odisha
2,000 MW renewable energy projects to be developed by Onix Group in UP
RBI grants IREDA the status of Infrastructure Finance Corporation
EU adopts strict net neutrality rules
Flipkart appointed former Unilever executive Sriram Venkataraman as the Chief Financial Officer for its commerce platform and Pramod Jain of Indus Towers Ltd as Vice President and Head of Taxation.
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 sectorÂ´s incremental revenue.
Vodafone expands its wing
Telecom operator Vodafone announced expansion of mobile network in two more districts in Arunachal Pradesh, taking its coverage to 11 out of 18 districts.
A call on telecom
IndiaÂ´s telecommunication network is the third largest in the world and the second largest among the emerging economies of Asia. It has witnessed phenomenal growth over the last decade as substantiated by the following facts and figures
GSM operators add 82.1 lakh subscribers in November
GSM mobile operators added 82.1 lakh users in November taking their overall subscriber base to 67.02 crore at the month-end.
Bharti Infratel plans to acquire Idea, Vodafone towers
Bharti Infratel is looking at the option of taking over the telecom towers of Vodafone and Idea Cellular in India at a valuation of Rs 5,000 crore.
Big gains for top telecos
Top telecom players like Bharti Airtel, Vodafone India and Idea Cellular are set to make major financial gains from the third-generation intra-circle roaming services that they have resumed offering
Vodafone plans to invest $3 billion in the next two years that will be deployed for network expansion in rural areas. The proposed $ 3 billion investment excludes spectrum fee the company has to pay. The British telecom major is planning for new investments at a time when it is facing a tax liability of over Rs 11,200 crore, along with interest, on its 2007 acquisition of Honk Kong-based Hutchison WhampoaÂ´s stake in IndiaÂ´s telecom major, Hutchison Essar.
Mobile tower roll-out slow
The pace of roll-out of cellular towers has declined significantly to just 8,000 a year compared with 14,000 in the previous financial year. According to data available with the Department of Telecom, over 40,000 new towers were added in 2009-10. While there were 3.47 lakh towers on March 2011, this is expected to move up to 3.55 lakh by the end of the current year, a growth of only 2.3 percent.In comparison, the year-on-year growth rate in 2008 was over 60 percent.