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Current tariffs are defeating economics; it should go up: Balesh Sharma, Vodafone Idea

Current tariffs are defeating economics; it should go up: Balesh Sharma, Vodafone Idea

Tue, Apr 23, 2019

Vodafone Idea’s CEO Balesh Sharma and CFO Akshaya Moondra talk about the merger and its impact, the ongoing Rs25,000 crore rights issue and tariff plans among others during an exclusive chat with Zee Business.

Idea Cellular unveils new Rs 159 prepaid pack, offers 1GB data daily; Is it better than RJio, Vodafone, Airtel

Idea Cellular unveils new Rs 159 prepaid pack, offers 1GB data daily; Is it better than RJio, Vodafone, Airtel

Sun, Nov 04, 2018

The Mukesh Ambani has rolled a host of offers making this festival very exciting, hence, Idea also did not want to miss out on the opportunity.

Situation bad, whole industry is bleeding: Vodafone Idea officer

Situation bad, whole industry is bleeding: Vodafone Idea officer

Fri, Oct 26, 2018

Vodafone Group Regional CEO for Africa Middle East Asia Pacific Vivek Badrinath said that it has been widely documented in media, india telecom sector is currently facing several challenges and is indeed under considerable financial stress.

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Reliance Jio's rural customers rise dramatically over the past few months

Reliance Jio's rural customers rise dramatically over the past few months

Fri, Jul 07, 2017

From a mere 5% of its total subscriber base, Jio has managed to procure 24.05% of the rural market as on March 31, 2017.

Airtel announces Monsoon Surprise, offers free data for three more months

Airtel announces Monsoon Surprise, offers free data for three more months

Sat, Jun 24, 2017

Bharti Airtel on Saturday emailed its postpaid customers with a Monsoon Surprise offer that extended its earlier offer of 30GB for three months.

Airtel, Vodafone needle TRAI on network tests; Reliance Jio says non-issue

Airtel, Vodafone needle TRAI on network tests; Reliance Jio says non-issue

Wed, Jun 21, 2017

Telecom operators Bharti Airtel, Vodafone and Idea Cellular have questioned regulator Trai's timing of recent paper on refining mobile network test rules, calling it a 'disguise' after the damage was done by Reliance Jio.

Department of Telecom asks Centre to cut its revenue target from the sector

Department of Telecom asks Centre to cut its revenue target from the sector

Mon, Jun 19, 2017

Department of Telecom has asked for a revise in non-tax revenue targets for the current fiscal.

Airtel accuses Reliance Jio of predatory pricing; big 3 telcos meet IMG

Airtel accuses Reliance Jio of predatory pricing; big 3 telcos meet IMG

Sat, Jun 17, 2017

India's largest telecom company Bharti Airtel today accused newcomer Reliance Jio of predatory pricing and demanded that operators be paid more for calls terminating on their networks as also the right to retain customers through incentives.

Govt policy should allow telcos to cover costs: Idea

Govt policy should allow telcos to cover costs: Idea

Fri, Jun 16, 2017

Speaking to reporters after its meeting, a top Idea official said: "Government has choice of any policy...But it should cover costs. All policy framework everywhere says that cost of network should be recovered."

Reliance Jio freebies cost telecom sector Rs 8240 crore in incremental revenue?

Reliance Jio freebies cost telecom sector Rs 8240 crore in incremental revenue?

Tue, Jun 13, 2017

Reliance Jio dented the telecom industry revenues with its free offers that began in September last year. The debt laden industry has experienced a drop in adjusted gross revenue, ARPU and higher outgoings on interconnection charges, analysts say.

Idea Cellular offers 70GB at Rs 396

Idea Cellular offers 70GB at Rs 396

Tue, Jun 13, 2017

Key Highlights:

Delay in plans to offset debt led telecom industry to crisis

Delay in plans to offset debt led telecom industry to crisis

Mon, Jun 12, 2017

The telecom sector is currently Rs 3.60 lakh crore in debt is facing a lot of turmoil including degrading of companies by ratings agencies. Analysts speak about the causes and how Reliance Jio added to their problems.

Reliance Jio's free offers caused 'unprecedented disruption' in telecom,says Kumar Mangalam Birla

Reliance Jio's free offers caused 'unprecedented disruption' in telecom,says Kumar Mangalam Birla

Fri, Jun 09, 2017

Idea Cellular owner Billionaire Kumar Mangalam Birla in his letter to shareholders on Thursday blamed rival Reliance Jio for causing "unprecedented disruption" in the telecom industry by offering free voice and data.

Idea to decide on MD Kapania's pay, raise Rs 10,000 crore on June 30

Idea to decide on MD Kapania's pay, raise Rs 10,000 crore on June 30

Wed, Jun 07, 2017

Idea Cellular in its annual general meeting to be held on June 30 will decide on waiver to recover the excess pay of around Rs 3 crore from its MD Himanshu Kapania, which is more than the prescribed limits in view of loss in the last fiscal.

Sebi seeks clarification from bourses on Idea-Vodafone merger

Sebi seeks clarification from bourses on Idea-Vodafone merger

Mon, Jun 05, 2017

In March, Vodafone India and Idea Cellular announced merger of their operations to create the country's largest mobile phone operator worth more than USD 23 billion with a 35 per cent market share.

Reliance Jio on top of 4G download speed charts, says TRAI

Reliance Jio on top of 4G download speed charts, says TRAI

Mon, Jun 05, 2017

Reliance Jio topped the chart in 4G network speed for the month of April with an all-time high download speed of 19.12 megabit per second, as per the latest Trai report.

RCom reports loss of Rs 948 crore in Q4 on disruptive pricing, competition

RCom reports loss of Rs 948 crore in Q4 on disruptive pricing, competition

Sun, May 28, 2017

Anil Ambani owned telecom company RCom has reported a loss of Rs 948 crore for the fourth quarter (Q4) ended on March 31, 2017 on back of intense price war in the telecom sector due to the entry of Reliance Jio which has hurt the profitability and income of the company.

No discriminatory tariffs among same subscriber category: TRAI

No discriminatory tariffs among same subscriber category: TRAI

Fri, May 26, 2017

Telecom service providers should not give any discriminatory tariff to the same category of subscribers and all plans should be reported to the regulator within seven days of its launch, the Indian telecom regulator said on Thursday.

Jio battle: Airtel urges DoT to reject TRAI's Rs 3,050 crore fine on 3 telcos

Jio battle: Airtel urges DoT to reject TRAI's Rs 3,050 crore fine on 3 telcos

Thu, May 25, 2017

In similarly worded decisions against the three operators, the Telecom Regulatory Authority of India (TRAI) said it "considered it appropriate to recommend penal action... in view of the large public interest involved."

Rs 400 cr loss to exchequer in licence fee payment by incumbent telecom players: Jio

Rs 400 cr loss to exchequer in licence fee payment by incumbent telecom players: Jio

Tue, May 23, 2017

Jio said DoT should take appropriate action against the violating TSPs, which includes financial penalties and even revocation or termination of licences for a clear and apparent breach of licence conditions.

Jio case: CCI seeks probe report on telcos in 2 months

Jio case: CCI seeks probe report on telcos in 2 months

Tue, May 16, 2017

The Competition Commission has directed its investigation arm to complete, in 60 days, the probe against incumbent operators and the industry association for colluding to deny network connectivity to newcomer Reliance Jio.

Reliance Jio's freebies cause Airtel, Idea to lose revenue

Reliance Jio's freebies cause Airtel, Idea to lose revenue

Mon, May 15, 2017

Freebies gallore, the telecom sector has witnessed depressing Q4 financials. Airtel and Idea’s data revenues plummeted in Q4FY17 as both incumbents also posted depressing revenues in comparison to the same quarters last year. Idea Cellular lost 6.4 million data subscribers while Airtel's mobile data revenue declined 14.6% in Q4.

Telcos' Financial Woes: Government's inter-ministerial panel to give views in 3 months

Telcos' Financial Woes: Government's inter-ministerial panel to give views in 3 months

Sun, May 14, 2017

The government's inter-ministerial panel being constituted to suggest a policy prescription for the failing financial health of the telecom sector will consult banks and operators before finalising its views in three months.

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