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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.

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.

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.

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'.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.