March 30, 2015 23:59 (IST)
The government expects telecom operators "by and large" to make an upfront payment of about Rs 29,000 crore on Tuesday for spectrum they won in auction though the last date for the same is April 8.
March 30, 2015 23:49 (IST)
Expressing concerns over spectrum scarcity in the country, Telecom Regulatory Authority of India Chairman Rahul Khullar on Monday said availability of airwaves in India is less than 40 per cent as compared to European nations.
March 30, 2015 18:38 (IST)
He said that the Department of Telecom has almost finalised new penalty rules which should be out in one-and-a-half months.
March 27, 2015 20:53 (IST)
Finances of telecom operators will be under pressure and their ability to invest in building networks will be restricted after paying for spectrum won in recent auction, Fitch Ratings said in a report.
March 27, 2015 18:28 (IST)
Waterloo, Ontario-based BlackBerry reported net profit of $28 million, or 5 cents a share, in the fourth quarter ended Feb. 28. That compared with a year-earlier loss of $148 million, or 28 cents a share.
March 27, 2015 18:21 (IST)
The biggest telecom spectrum auction ended on Wednesday after 19 days of fierce bidding and fetched about Rs 1.10 lakh crore to the government.
March 27, 2015 17:28 (IST)
Infosys' company spokesperson confirmed the news.
March 27, 2015 15:12 (IST)
Telecom operator Reliance Communications on Friday said it has gained capability to provide 4G services across the country on the back of spectrum won by it in the recently concluded spectrum auction.
March 27, 2015 13:44 (IST)
Three leading telecom players Bharti Airtel, Vodafone and Idea retained and expanded their holding in premium 900 Mhz, but Reliance Communication lost its holding in the same band in five circles.
March 26, 2015 19:30 (IST)
Terming the high bids received in spectrum auction as "credit positive" for India, rating agency Moody's on Thursday said proceeds from the sale of airwaves will help the government meet its fiscal deficit target.
March 26, 2015 17:53 (IST)
Indosat and Tata Communications will offer enterprises with Indonesia presence unified communications, security services as well as several industry-specific solutions.
March 26, 2015 17:28 (IST)
Idea Cellular Ltd, India's third-biggest mobile operator by market share, spent Rs 30,300 crore or $4.84 billion to buy mobile airwaves in the country's spectrum auctions, Telecom Minister Ravi Shankar Prasad said today.
Reported By: A Vaidyanathan | March 26, 2015 16:20 (IST)
Victorious bidders need to pay a quarter to a third of the winning price within 10 days, and the rest in 10 annual installments beginning 2017
March 26, 2015 16:11 (IST)
Mobile operator Idea Cellular, which is part of Aditya Birla Group, has emerged as the highest spender in the spectrum auction which concluded on Wednesday. Idea will pay Rs 30,306 crore for spectrum, followed by Bharti Airtel (Rs 29,301 crore) and Vodafone (Rs 25,959 crore), according to Telecom Minister Ravi Shankar Prasad.
March 26, 2015 14:58 (IST)
Payment for telecom spectrum won by companies in the auction concluded on Wednesday is expected to push up the debt on telecom operators to about Rs 3.5 lakh crore, leading to a significant rise in tariffs, says industry body Assocham.
March 26, 2015 10:36 (IST)
Reports suggest that the government was able to sell 89 per cent of the total spectrum across the various categories.
March 25, 2015 21:42 (IST)
Mobile tariffs have to go up to meet high cost of spectrum following the aggressive bidding in the just concluded auction that fetched a record Rs 1.09 lakh crore to the government, industry bodies said on Wednesday.
March 25, 2015 18:12 (IST)
The government will net nearly Rs 1.1 lakh from the sale of airwaves used for mobile telephony, as compared to a base price of Rs 82,000 crore, Press Trust of India said.
March 25, 2015 17:53 (IST)
The telecom spectrum auction ended on Wednesday after 19 days and 115 rounds of fierce bidding among eight operators, a source with direct knowledge of the matter told Reuters.
March 24, 2015 22:20 (IST)
The government's kitty from the telecom spectrum auction on Tuesday rose to Rs 1.09 lakh crore with the provisional allocation of 89 per cent radio waves made at the end of the 18th day.