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 Seven companies qualify to bid in upcoming telecom spectrum auction

Seven companies qualify to bid in upcoming telecom spectrum auction

Seven telecom service providers have qualified to bid for the upcoming biggest-ever airwaves auction starting from October 1, according to official data released here by the Department of Telecommunications.

Seven telcos submit Rs 15,000 crore earnest money for auction

Seven telcos submit Rs 15,000 crore earnest money for auction

In a seemingly tepid build-up to the upcoming spectrum sale, due on October 1, seven mobile operators are said to have deposited earnest money of about Rs 15,000 crore, lower than the previous year's Rs 20,435 crore.

Tata-DoCoMo deal: Finance Ministry rejects RBI plea for FEMA exemption

Tata-DoCoMo deal: Finance Ministry rejects RBI plea for FEMA exemption

Rejecting RBI plea for exempting Tata-DoCoMo deal from foreign exchange Act, the Finance Ministry has said the two firms had entered into a share buyback contract in contravention of prevalent law and the case will now have to be legally settled.

DoT to issue demand notices this week to 6 telcos for 2006-07

DoT to issue demand notices this week to 6 telcos for 2006-07

The Department of Telecom will issue this week the next lot of demand notices to six telecom operators for under-reporting of revenues in around 10 circles in 2006-07 year.

 

Tata Communications Q4 net loss widens to Rs 205 crore

Tata Communications Q4 net loss widens to Rs 205 crore

Tata Communications Ltd on Saturday reported a widening of its consolidated net loss to Rs.205 crore for the quarter ended March, mainly on account of an impairment of equity in its sister concern Tata Teleservices.

Good news for women employees! Tata Teleservices increases maternity leave to 6 months

Good news for women employees! Tata Teleservices increases maternity leave to 6 months

Tata Teleservices will give six months paid leave and an additional six months of half day halfpay option to its women workforce.

Call drops to 4G: Full spectrum of bad, good for telecom

Call drops to 4G: Full spectrum of bad, good for telecom

The telecom service providers that participated in the marathon auctioning were: Idea Cellular, Bharti Airtel, Vodafone India, Reliance Communications, Reliance Jio, Tata Teleservices, Telenor and Aircel.

Govt issues guidelines to liberalise 2G spectrum

The development is likely to benefit almost all incumbent telecom operators like Reliance Communications, Aircel, Tata Teleservices, Airtel, Vodafone and Idea Cellular.

Indian households with mobile phones 62% better off than those without

Indian households with mobile phones 62% better off than those without

 Indian households that own at least one mobile phone enjoy 62 per cent higher level of economic prosperity compared to non mobile-owning ones, says a study by Tata Teleservices and the Tata Institute of Social Sciences.

TTML appoints Harish Abhichandani as CFO

Tata Teleservices (Maharashtra) Ltd (TTML) on Friday said it has appointed Harish Abhichandani as Chief Financial Officer with effect from September 1.

Tata Teleservices shares surge 20%; hit upper circuit

Tata Teleservices (Maharashtra) shares Monday surged 20 percent amid reports that the Tata Group has offered to buy out Japanese telecom major NTT Docomo's 26.5 percent stake in unlisted Tata Teleservices for Rs 23.34 a share.

Tata Teleservices appoints Anuraag Srivastava as CFO

Prior to taking up the new role, Srivastava served Indus Towers as Senior Vice-President of Internal Audit and Assurance, a company statement said.

Telecom Ministry seeks legal opinion on CAG's observations

The Telecom Ministry has sought legal opinion on a CAG report that stated undue benefits were extended to companies including Reliance Jio, Bharti Airtel, RCom and Tata Teleservices on a number of issues.

Sanjiva Jha new head of Tata Docomo's AP and Telangana ops

Jha would be responsible for overseeing the company's operations and business in the Andhra Pradesh and Telangana markets.

Telecom operators slash call rates to quake-hit Nepal

Telecom operators MTS India and Tata Teleservices Sunday said they have slashed charges for calls made to earthquake-hit Nepal to support disaster relief efforts.

Spectrum auction: Govt receives all upfront amount of Rs 28,872 cr

Telecom companies have paid the entire upfront money of about Rs 28,872 crore to the government for the airwaves they acquired during the last month's auction.

RBI says no to our proposal to buy back Docomo stake: Tata

Tata Sons has said the RBI has turned down a request to allow it to buy back the Japanese Group NTT Docomo's 26 percent stake in their telecom joint venture.

Maximum billing disputes against Voda, Idea, Tata, BSNL: TRAI

Customers of Vodafone, Idea Cellular, Tata Teleservices and BSNL in some circles have reported maximum discrepancies in their phone bills, according to a latest report by telecom regulator TRAI.

TTML to raise Rs 2,500 cr by issuing non-convertible debentures

Tata Teleservices (Maharashtra) Ltd (TTML) on Thursday said it will raise Rs 2,500 crore through non-convertible debentures in one or more tranches.

GSM players add 41.5 lakh rural subscribers in December: COAI

GSM mobile operators added 41.5 lakh net subscribers in rural areas last month, taking the overall base to 31.97 crore, industry body COAI said Tuesday.