From Reliance Industries reporting dip in profit-before tax, Tony Fernandes cutting AirAsia exit price to $50 mn to Air India pitching leave-without-pay scheme, here are the top news on Friday morning
The other metric which helped drive the Q1 show was a 7 per cent sequential uptick in average revenue per user (ARPU) as compared to analyst estimates of a marginal dip
Ebitda for the June quarter grew 55.4 per cent to Rs 7,281 crore
Senior Congress leader P Chidambaram asserted that two major industries -- telecom and aviation -- are on the verge of collapse
Commentary on ARPU trajectory and non-telecom business will be the key monitorables, say analysts
Telecom gear makers have to share source codes and get equipment tested by third-party labs accredited to the government.
The consolidated profit after tax for the quarter was down 21 per cent at Rs 704 crore from Rs 887 crore in the same period last year.
The net profit had stood at Rs 887 crore in the corresponding quarter of previous year
They said the subscribers of the plans constitute only a small portion of overall customer base
Says industry may not have the appetite for it because of AGR issue
Telecom companies will have to provide a point of sale code through a portal to law enforcement agencies, the order said.
Cabinet likely to take up the issue in its next meeting
Order on staggered payment timeline reserved
Says Trai move to freeze schemes without reason, merit
Verdict on plans expected today
About 60% of Vodafone Idea's customer base is in the 2G space
The number of telephone subscribers in India decreased from 1,180.84 million at the end of February to 1,177.97 million at the end of March, thereby showing a monthly decline rate of 0.24 per cent.
The TDSAT is expected to hear the Vodafone Idea case on Tuesday.
Global giants Ericsson, Nokia and Samsung, as well as Chinese vendors Huawei and ZTE are the large players in the Indian market
The term 'interconnection' refers to commercial and technical arrangements under which telecom service providers connect their equipment, networks, and services to enable access to other networks