Bharti Airtel Chairman Sunil Mittal said the sector remains a viable place for continued investments
KM Birla had in June this year offered to hand over group''s stake in debt-laden Vodafone Idea Ltd to government or any other entity to ensure that company remains a going concern.
Lenders to Vodafone Idea (VIL) are expected to hold talks to decide on the future course of action with regard to their exposure to the debt-laden telecom player which is struggling to stay afloat
Telecom infrastructure firm Indus Towers on Thursday posted a consolidated profit after tax of Rs 1,415 crore in the first quarter ended June 30, 2021. Indus Towers had recorded profit after tax of Rs 1,121 crore in the same quarter a year ago. "The first quarter of financial year 2022 witnessed the second wave of COVID-19 pandemic impacting lives and livelihoods across the country on one hand and severe cyclones in many states on the other. Indus Towers continues to stand tall against all odds to ensure support for customers, society and nation. The company has also delivered a strong financial performance for the quarter," Indus Towers Managing Director and CEO Bimal Dayal said. The financial performance, however, is not comparable because the scheme of amalgamation and arrangement between Bharti Infratel and erstwhile Indus Towers Limited (a joint venture company) became effective on November 19, 2020. Indus Towers posted a consolidated revenue of Rs 6,797 crore in the April-Jun
Airtel Africa logged strong revenue growth across all regions
Airwaves for satellite-based services should be allocated judiciously
If discussions fructify, smartphone would be made at Indian plants
Revamping the telecommunication sector in the era of the 1990s, Sumant Kant Kaul was one of the pioneers who laid the foundation of the telecom revolution that took place, providing better calling fac
Mittal acknowledged that telecom tariffs need to go up and that Airtel would 'not hesitate' in this regard, but was quick to add that it cannot be done 'unilaterally'
Tough competition and advantages of scale will drive consolidation in the Asia Pacific telecoms industry ahead of higher 5G investments, according to Fitch Ratings
The shortage is creating havoc for mobile device manufacturers who are getting less than 30-40 per cent of the normal requirement of chips
SK Telecom decided to spin off a new investment company in November to expand its foothold in new tech sectors, as well as conduct a 5-for-1 stock split aimed at improving shareholder value
That Sunil Jain was one of India's finest economic writers was evident from his weekly column 'Rational Expectations' in BS and then in the 'Financial Express' where he was the Managing Editor
Concerns over efficacy as govt pushes for 5Gi
Telecom operator Bharti Airtel announced an integrated platform that enables enterprises to leverage the power of the Internet of Things (IoT) and gear up for the emerging era of 'connected things'
Telecom regulator Trai is planning to conduct a consumer-facing survey to assess if tariff plans offered by operators are meeting actual requirements of varied categories of users
Telecom operator Bharti Airtel added 6.9 million active users in January, extending its market lead on this count even as Jio's active subscribers tally declined by about 3.4 million
Vodafone Idea (Vi) had reported a gain of 1.7 million subscribers in January, the first positive growth in last four months. However bulk of the growth was reported from Western UP
Finnish telecom equipment maker Nokia sees its comparable operating margin growing to 10-13% in 2023, it said on Thursday
Samsung Electronics on Tuesday said that its senior researcher will lead the 6G standardisation and commercialisation working group of an international radiocommunication body.