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Idea net plunges 88% to a trickle on Reliance Jio, spectrum impacts

Investments in network expansion, coupled with competition putting a pressure on pricing led the third largest telco Idea Cellular to report a huge decline in the September quarter net profit at Rs 90 crore.

Spectrum auction: Vodafone, Tatas pay Rs 12,499 crore to DoT for purchase

Telecom operators Vodafone and Tata Teleservices Wednesday made payments of Rs 10,100 crore and Rs 2,300 crore, respectively, to the government for spectrum they bought in the recently-concluded auction.

High cost of spectrum is credit negative for telecom players: Moody's

High cost of spectrum is credit negative for telecom players: Moody's

High cost of spectrum following the recent auction is credit negative for telecom operators, as the debt levels will rise further, Moody's Investors Service said on Friday.

Spectrum buy to increase Bharti Airtel's debt by over Rs 13,300 crore: Moody's

Spectrum buy to increase Bharti Airtel's debt by over Rs 13,300 crore: Moody's

Bharti Airtel, India's largest mobile operator with over 257 million subscribers, won 173.8 Mhz of airwaves for Rs 14,244 crore in the just-concluded spectrum auction.

Govt issues demand notes to 7 telcos for spectrum purchase

Govt issues demand notes to 7 telcos for spectrum purchase

Government on Monday issued demand notes to seven telecom operators to make payment in 10 days for the spectrum they bought in the just-concluded auction.

Tax from IDS to cushion spectrum auction shortfall: Arun Jaitley

Tax from IDS to cushion spectrum auction shortfall: Arun Jaitley

Tax collected under the country's biggest black money disclosure will help cushion revenue shortfall from the sale of telecom spectrum and help manage the fiscal situation, Finance Minister Arun Jaitley said on Monday.

"Unsold airwaves to be re-auctioned when telcos' fortunes improve"

"Unsold airwaves to be re-auctioned when telcos' fortunes improve"

 India said on Friday it will consider re-auctioning mobile phone spectrum that remained unsold in a sale this week when the financial situation of its telecoms companies improves.

 

 

Spectrum auction flop not to impact fiscal math: Nomura

Spectrum auction flop not to impact fiscal math: Nomura

Japanese brokerage Nomura on Friday said there will be a Rs 32,000-crore shortfall in revenue accretion because of the disappointing spectrum auctions, but it woould not affect the overall fiscal math of the government.

Vodafone to fork out Rs 20,280 crore for spectrum buy

Vodafone to fork out Rs 20,280 crore for spectrum buy

Vodafone's investment totals Rs 20,280 crore, of which Rs 10,140 crore is payable upfront.

Reliance Jio acquires 269.2 Mhz spectrum for Rs 13,672 crore

Reliance Jio acquires 269.2 Mhz spectrum for Rs 13,672 crore

Mukesh Ambani-led Reliance Jio has made committment of Rs 13,672 crore for 269.2 Mhz of airwaves in the spectrum auction that ended Thursday.

Idea to shell out Rs 12,798 crore to buy spectrum

Idea to shell out Rs 12,798 crore to buy spectrum

Telecom operator Idea Cellular will shell out Rs 12,798 crore for buying 349.20 MHz of spectrum in the just concluded auctions.

Airtel secures 173.8 Mhz spectrum for Rs 14,244 crore

Airtel secures 173.8 Mhz spectrum for Rs 14,244 crore

In the spectrum auction that concluded on Thursday, Bharti Airtel secured secured 173.8 Mhz of airwaves for Rs 14,244 crore.

Spectrum auction ends with bids worth Rs 65,789 crore, 60% of airwaves unsold

Spectrum auction ends with bids worth Rs 65,789 crore, 60% of airwaves unsold

There were no takers for the expensive 700Mhz and 900 Mhz bands during the course of the five days. The 700MHz band alone was expected to fetch Rs 4 lakh crore for the government.

Day 5 of spectrum auction: Govt gets bids worth Rs 63,325 crore so far

Day 5 of spectrum auction: Govt gets bids worth Rs 63,325 crore so far

Spectrum auction has received bids worth Rs 63,325 crore so far on the fifth day Thursday for around 40 percent of mobile radiowaves put up for sale.

 

Day 4: Spectrum auction gets bids worth Rs 63,500 crore

Day 4: Spectrum auction gets bids worth Rs 63,500 crore

Spectrum auction on Day 4 ended with a meagre addition of Rs 2,531 crore, taking total bids to over Rs 63,500 crore as almost 60 percent of airwaves, including the premium 4G bands of 700 Mhz and 900 Mhz, remained unsold.

Third day of spectrum auction: Govt gets bids worth Rs 59,981 cr so far

Third day of spectrum auction: Govt gets bids worth Rs 59,981 cr so far

Spectrum auction received additional bids worth Rs 3,100 crore on the third day Tuesday to take total commitments to Rs 59,981 crore, leaving two-thirds of total quantum of on-offer airwaves unsold as bidders stayed away from high-cost 700 Mhz and 900 Mhz bands.

Spectrum auction: Day 2 closes with bids worth Rs 56,872 crore

Spectrum auction: Day 2 closes with bids worth Rs 56,872 crore

Spectrum auction appeared to slow down on Day 2 with total bids advancing to Rs 56,872 crore mainly due to demand for widely-used 1800 Mhz band but premium 700 Mhz and 900 Mhz bands found no takers even on Monday.

Country's biggest-ever spectrum auction receives bids worth Rs 53,531 crore on Day 1

Country's biggest-ever spectrum auction receives bids worth Rs 53,531 crore on Day 1

Coming off to a flying start, the country's biggest-ever spectrum aution witnessed bids worth Rs 53,531 crore on Saturday.

India's biggest auction of telecom spectrum worth Rs 5.63 lakh crore starts

India's biggest auction of telecom spectrum worth Rs 5.63 lakh crore starts

Leading operators, including Reliance Jio, Vodafone, Idea Cellular and Bharti Airtel, are in the fray for frequencies that are crucial for next-generation telecom services.

India's biggest auction of telecom spectrum to start tomorrow

India's biggest auction of telecom spectrum to start tomorrow

India`s biggest auction of telecom spectrum kicks off on Saturday with seven operators in fray for a total of 2,354.55 MHz across seven bands, towards which a reserve price of Rs 5.66 lakh crore ($85 billion) has been fixed by the government.