UBS has downgraded Bharti Airtel to 'Sell' and Vi to 'Neutral', while keeping the target prices unchanged at ₹1,970 and ₹8.5, respectively.
To rescue or not to rescue Vodafone goes beyond one's views on privatisation or nationalisation - it depends on what will work in a given context
"There may be some payment terms being proposed (by the company), but the question remains whether they'll be able to honour those payments," the official added
Direct-to-device (D2D) satellite connectivity would allow users to access satellite connectivity on existing 4G or 5G smartphones - no special satellite phone would be needed
Highlighting the recent de-licensing of the 6 GHz spectrum, the Minister said this move will enable multi-gigabit speeds and low-cost digital highways across India
Mobile subscribers in the country are close to 1.2 billion, out of 9.1 billion globally. Internet subscribers in India are pegged at over 970 million
The telecom sector is fundamentally one of the most important underpinnings of India's resurgency and growth story, Scindia said
Vi board approves plan to raise Rs 20,000 crore through FPO or private placement as Q4 net loss narrows and ARPU rises for fourth consecutive quarter
To understand today's telecom business, one must trace the evolution of the entrepreneurs who shaped it
Vi must urgently raise capital
Reduces overall stake to 28.3 per cent by selling 71 million shares through Pastel Ltd at a 2.85 per cent discount to Airtel's previous closing price
The Singapore-based telco currently holds a 29.5 per cent cumulative stake in Bharti Airtel through direct and indirect shareholding in promoter entities
Likely to replace Airtel at peak valuation of $154 bn
New guidelines may pose fresh hurdle for Starlink, Project Kuiper
The tie-up with VVDN Technologies plans to fully localise passive antenna production in India by June
Jio controlled nearly 85 per cent of all 5G fixed wireless access connections
State-owned telecom operator targets full-scale 4G launch by June, 5G rollout to follow
The government has agreed to raise stake in Vodafone Idea to 48.99 per cent with fresh acquisition of shares worth Rs 36,950 crore in lieu of outstanding spectrum auction dues, the company said in a regulatory filing on Sunday. The government is the single-largest shareholder in the debt-ridden Vodafone Idea with 22.6 per cent stake. "The Ministry of Communications... in line with the September 2021 Reforms and Support Package for Telecom Sector has decided to convert the outstanding spectrum auction dues, including deferred dues repayable after expiry of the moratorium period, into equity shares to be issued to the Government of India. The total amount to be converted into equity shares is Rs 36,950 crore," the filing said. Vodafone Idea (VIL) said it has been directed to issue 3,695 crore equity shares of the face value of Rs 10 each at an issue price of Rs 10 each within 30 days after issuance of necessary order from relevant authorities, including from Securities and Exchange ..
The Parliamentary Standing Committee on Communications and Information Technology made the suggestion to merge the three allied ministries in its report tabled in the Lok Sabha last week
Vittal had already been serving as the acting chair of the GSMA board