Bharti Airtel added a net 3.26 million wireless subscribers during the month.
Few days ago, Jio unleashed a price war in the post-paid mobile space, an area where it has less than one per cent share of the market
Shareholders of the company, which was earlier listed as Idea Cellular, had approved a borrowing limit of Rs 25,000 crore at its AGM in September 2014
Says it will be able to roll out 5G services after spectrum sale, is working with DoT on the issue and hopes to receive spectrum for trials soon
At the heart of the dispute are two conflicting doctrines and what both sides need now is a face saver
All that happened in the markets today
All that happened in the markets today
This will allow it to offer faster 4G data speeds to its 3G users
Telecom regulator Trai has decided to drop proceedings against Vodafone Idea Ltd (VIL) in priority plan matter after the telco withdrew contentious claims on faster speed and modified its offering
The stock jumped 13.60 per cent to close at Rs 10.36 on the BSE. During the day, it zoomed 14.91 per cent to Rs 10.48.
The Permanent Court of Arbitration in The Hague ruled that conduct of India's Income Tax Department is in breach of 'fair and equitable' treatment
Reliance Jio's new plan offers customers Netflix on a mobile device, one-year subscription to two over-the-top applications and access to Jio's movie and songs. library.
Vodafone Idea has lost more than 30% of user base since 2018 merger
The impact of any churn due to Jio's new plans is expected to be higher on VIL than Airtel as the former gets an estimated 21 per cent of its revenues while it is 13 per cent of the latter
Reliance Jio announced a range of postpaid plans, including many firsts such as in-flight mobile connectivity
Minister of State for Communications Sanjay Dhotre, in a written reply in the Rajya Sabha,
There could be earnings cuts and lower target prices if the hikes don't materialise this year
This is irrespective of what these telecom companies have already paid; lawyers at both firms going through fine print of the Supreme Court order
Operational telecom operators are expected to pay Rs 12,921 crore by March 31, of which close to 80 per cent has to be paid by Vodafone Idea and Bharti Airtel
Reliance Jio led the chart grabbing 52.3 per cent of the overall market share, followed by Bharti Airtel (23.6 per cent share) in the quarter ended March 2020