Telecom Sector

Bharti Airtel Now Serving Over 300 Million Consumers

Bharti Airtel Now Serving Over 300 Million Consumers

The largest telecom operator in India, Bharti Airtel, has crossed 300 million customers landmark for all services including fixed line, mobile, DTH and DSL in the country. Bharti Airtel also operates in some select markets in Africa.

After humble start in 1995, Bharti Airtel reached 100 million consumers mark in 2009. The next 100 million came pretty quick in 2012. Bharti has become the fourth largest telecom services companies in the world in terms of consumer base.

Reliance Jio signs tower-leasing agreement with Viom

Reliance Jio signs tower-leasing agreement with Viom

Reliance Jio Infocomm Ltd, the telecommunications arm of Mukesh Ambani-owned Reliance Industries Ltd (RIL), has signed a tower-sharing agreement with Viom Networks for rolling out 4G services.

Viom Networks, which is a joint venture between India's SREI Infrastructure and Tata Teleservices, has 42,000 mobile phone towers across the country.

RIL purchased 4G airwaves in a government sale in 2010, and added some more airwaves it can use to deliver 4G services from an auction this year, but it has yet to launch services.

Vodafone and Verizon accused of secretly sharing data with British spy agency

Vodafone and Verizon accused of secretly sharing data with British spy agency

Telecommunications services providers Vodafone and Verizon have secretly shared subscriber data with a British intelligence agency, the Internal Security Division of the Indian Home Ministry has alleged.

As per the Home Ministry's Internal Security Division, the UK-based Vodafone and Verizon have provided British intelligence agency Government Communication Headquarters (GCHQ) with unlimited access to their network, enabling them to tap their subscribers' phone calls, messages, emails etc.

Airtel-Loop Mobile deal to push Vodafone to 2nd spot in Mumbai

Airtel-Loop Mobile deal to push Vodafone to 2nd spot in Mumbai

Loop Mobile's potential merger with telecom operator Bharti Airtel will push Vodafone to the second spot in the Mumbai circle.

After the completion of the deal, Airtel will surpass its biggest rival Vodafone to grab the top spot in Mumbai, with a combined subscriber base of 7.3 million. Vodafone will slip to the second spot with nearly 7 million subscribers in the circle.

However, many analysts say that the race for having bigger subscriber base doesn't make sense in the modern days as spectrum is now not given on subscriber-linked criteria.

Bharti Airtel to acquire Loop Mobile for Rs 700 crore: reports

Bharti Airtel to acquire Loop Mobile for Rs 700 crore: reports

India's leading mobile phone carrier Bharti Airtel Ltd is going to acquire Loop Mobile in a deal worth Rs 700 crore, and the deal may officially be announced as soon as this week, emerging reports suggest.

Several local newspapers have reported that Airtel will acquire Loop's nearly 400 telecom towers along with optic fibre and electronic equipment, which is currently used by Loop to run its network.

Vodafone gains govt. permission to fully own Indian unit

Vodafone gains govt. permission to fully own Indian unit

British telecommunications giant Vodafone Group Plc has finally gained Indian government's approval to buy out minority stake in its Indian arm to gain full control of the company.

The British telecom operator has plans to buy out remaining minority stake Vodafone India for around Rs 10,141 crore. Currently, the foreign company owns 64.38 per cent stake in the Indian venture.

Bharti Airtel reports first net profit in 4 years

Bharti Airtel reports first net profit in 4 years

Telecommunication services provider Bharti Airtel on Tuesday reported its first quarterly net profit in four years, thanks to lower competition and a rise in voice call rates.

The New Delhi-based company announced that its consolidated net profit jumped to Rs 610 crore in the three months ended December 31, 2013; from Rs 284 crore in the corresponding three-month period of the previous year.

The company's net income before exceptional items jumped to Rs 832 crore. Revenue jumped to Rs 21,939 crore, up 13.3 per cent from Rs 19,362 crore reported in the year-ago period.

Telecom Commission recommends flat rate for spectrum use

Telecom Commission recommends flat rate for spectrum use

The Telecom Commission of the government of India has recommended three options to the empowered group of ministers (EGoM) on telecom for spectrum usage including a flat rate for spectrum use by service providers in the country.

Telecom regulator imposes Rs 50 lakh penalty on 9 operators: sources

Telecom regulator imposes Rs 50 lakh penalty on 9 operators: sources

State-run telecom firm BSNL and eight other mobile phone operators have been slapped with a cumulative penalty of Rs 50 lakh for their failure in meeting prescribed quality of service parameters in the three months ended June
30 this year.

Official sources revealed that BSNL has been slapped with the biggest penalty of Rs 14.5 lakh for its failure to meet thirteen quality parameters.

Aircel and Reliance Communications have suffered a hefty penalty of Rs 12.5-lakh for failing to meet certain quality parameters in the quarter through the end of June.

Reliance, Airtel tojoin hands to bring 4G services to Punjab

Reliance, Airtel tojoin hands to bring 4G services to Punjab

Reliance partner with Airtel to bring 4th generation (4G) services to the state of Punjab, Reliance chairman Mukesh Ambani announced on Monday.

Addressing a gathering at the Indian School of Business (ISB) campus, Mohali, the venue of the Progressive Punjab Summit that kicked off yesterday, Mr. Ambani said that collaborative cooperation between companies could lead to the common goal of delivering value to customers.