Indian telecom sector

RCom, Aircel announce merger to create India's 4th largest telcom operator

RCom, Aircel announce merger to create India's 4th largest telcom operator

In the biggest consolidation deal in India's telecom sector, Reliance Communications and Aircel on Wednesday announced the merger of their wireless operations to create a combined entity with assets worth Rs 65,000 crore.

Sep 14, 2016, 19:10 PM IST

RCom-Sistema deal signals more telco M&As: Fitch

On the RCom-SSTL deal, Fitch said it is unlikely to help RCom in meaningfully reducing its USD 6 billion in net debt.

Nov 10, 2015, 20:48 PM IST

Economic Survey 2013-14: Investments in telecom surged 4 times to $1.3 bn

The telecom sector attracted over 4-fold growth in foreign investments at USD 1.3 billion during the financial year 2013-14.

Jul 09, 2014, 15:27 PM IST

Small towns to see more hiring in telecom sector: Experts

It also helps the company in managing lower recurring cost in increments and physical infrastructure are also available at much lesser cost as compared to the metros, he said.

Apr 13, 2014, 16:03 PM IST

Fitch upgrades outlook of Indian telecom sector to 'stable'

Global credit rating agency Fitch Wednesday upgraded outlook for the Indian telecom sector from 'negative' to 'stable'.

Dec 11, 2013, 22:30 PM IST

Telcos likely to post higher margins in Q4: Barclays

Buoyed by increased revenue per minute and subscriber churn from smaller operators, telecom majors are expected to post higher revenues and margins in the fourth quarter of the last fiscal, says a Barclays report.

Apr 05, 2013, 21:12 PM IST

Telenor's failure will have political implications: Norway

Maintaining its interests have been "innocently harmed" due to adverse developments in the Indian telecom sector, Norway on Saturday said any failure of Telenor's USD 3 billion investment in India will have political implications.

May 12, 2012, 20:59 PM IST

Consolidation no panacea for Indian mobile returns

Revocation of 2G licences and now a change in M&A rules are expected to force a long-awaited deal frenzy in this challenging sector. But more concentration won't necessarily boost Indian mobile's famously poor margins.

Feb 18, 2012, 12:15 PM IST

Consolidation no panacea for Indian mobile returns

Revocation of 2G licences and now a change in M&A rules are expected to force a long-awaited deal frenzy in this challenging sector. But more concentration won't necessarily boost Indian mobile's famously poor margins.

Feb 18, 2012, 12:15 PM IST

Telcos can have more spectrum, to pay uniform fee; M&A liberal

The government Wednesday announced the new telecom policy (NTP) allowing operators to hold higher spectrum, pay uniform license fee across services besides permitting liberal merger and acquisition, with a view to provide quality services at affordable prices.

Feb 15, 2012, 16:32 PM IST

TRAI liberalises M&A norms; up to 35% mkt share a safe harbour

TRAI on Thursday recommended a liberal norm of up to 35 percent market share as "safe harbour" for the mergers and acquisition in the Indian telecom sector which has 12-13 service providers in a circle.

Nov 03, 2011, 20:18 PM IST

Anil Ambani eyes bank licence; mulls strategic sale in grp cos

On a marathon AGM day, industrialist Anil Ambani on Tuesday announced that the group will explore its banking foray with 'the Reliance Bank', sell stake in mutual fund, general insurance and telecom tower businesses, and strive to keep a conservative debt profile.

Sep 27, 2011, 15:04 PM IST

India JV initiates $1.65 bn rights issue: Telenor

Telenor said on Monday its Indian mobile phone joint venture Unitech Wireless has initiated a rights issue of 82 billion rupees (USD 1.65 billion) to secure long-term funding, a move the Norwegian firm's Indian partner has opposed.

Sep 26, 2011, 22:40 PM IST

Telecom sector to provide 1 crore jobs by 2012: Study

Indian telecom sector will provide employment to around one crore people by 2012, a study by PwC has said.

Aug 11, 2011, 22:02 PM IST

Indian telecom sector' revenue at Rs 283,000 cr in FY'11

The total revenue of the Indian telecom sector grew by 7 percent to Rs 2,83,207 crore for 2010-11 financial year, estimates telecom journal Voice&Data.

Jul 24, 2011, 17:41 PM IST

Vodafone for 100% FDI in Indian telecom sector

Vodafone, which had a rough patch with its Indian partner Essar, on Tuesday pitched for India allowing 100 percent FDI in telecom.

Jul 19, 2011, 21:40 PM IST

8.58 million GSM users added in June: COAI

The Indian telecom sector may be heading for tough times with Indian GSM telecom operators adding less than 10 million subscribers for the second month in a row, bringing in just 8.58 million new subscribers in June.

Jul 17, 2011, 20:58 PM IST