Vodafone Idea Ltd (VIL) net addition of wireless users in January, the first time in 14 months, could be a one-time gain and might not be sustained, analysts said. The change in January was due to a new reporting method adopted by the debt-laden operator, they said. VIL, the third-largest …
Read More »The center gets ₹ 77,814.80 cr after the spectrum action
The telecommunications spectrum auctions concluded on Tuesday after a day and a half of bidding, and the Center had revenues of Rs 77,814.80 million. The amount exceeded government and analyst expectations as telcos focused on renewing expiring spectrum and consolidating stakes in certain bands. Reliance Jio, led by Mukesh Ambani, …
Read More »Indices Break 5-Day Losing Streak; Sensex ends flat; Nifty Metal earns 4%
Stock Market Updates: The bulls were back in action on D-Street after a five-day hiatus, as a drop of more than 4 percent in the past five sessions addressed investor concern on the valuation front. That said, rising Brent crude (now over $ 66 a barrel), bond yields, and earnings …
Read More »Tower damage case: Airtel writes to DoT, says Jio’s charges against him are ‘unfounded, scandalous’
NEW DELHI: After JioAlleged allegations that rival telco channel partners were inciting and provoking agitators involved in tower disruption, Airtel has released a letter to the telecommunications department criticizing the charges as unfounded and scandalous. Airtel has told the department of telecommunications (DoT) that Jio’s accusations against him did not …
Read More »Spectrum auction, cable broadband and 5G launch, Telecom News, ET Telecom
NEW DELHI: India’s telecom sector is expected to see some major developments in 2021 that will drive the growth of all telecom operators. The government announced 4G spectrum auctions in March this year, even as Reliance Jio expects the 5G rollout to take place in 2021. Furthermore, clarity is expected …
Read More »Stocks for 2021: Buy these 9 stocks this new year for up to 31% upside potential
Best Actions for 2021 Friday ushered in the new year 2021. After the turbulent journey the stock markets took in 2020, stocks are now expensive as Dalal Street hit new all-time highs. National research and brokerage firm Axis Securities believes the new year will see growth revive. In a recent …
Read More »Airtel says it never charged customers separately for IUC; unlimited calls to continue, Telecom News, ET Telecom
NEW DELHI: Bharti Airtel said that it has never charged its clients separately for IUC and will continue the benefits of unlimited calling for its clients without any changes. Ajai Puri, COO of Bharti Airtel, said that Airtel mobile customers already enjoy unlimited free calls to all networks with prepaid …
Read More »Bharti Airtel, Vodafone Idea can get relief from DoT on penalties
As a licensor, the power to impose fines or cancel licenses rests with the DCC, which can request recommendations from Trai, but in this case it was not. The Department of Telecommunications (DoT) is likely to eventually reject the recommendation of the Telecommunications Regulatory Authority of India (Trai) to impose …
Read More »Actions focused today: Ms. Bectors, Antony Waste, RIL, Bharti Airtel, Vodafone Idea, HDFC, DHFL
According to one analyst, the market is likely to be very volatile until concerns about the new strain of covid subside and the Christmas holidays are over. Domestic equity market benchmarks are likely to open flat with a positive bias on Thursday, as trends in SGX Nifty suggest. Ingenious futures …
Read More »Vodafone Idea net loses 2.7 million subscribers in October
Vodafone Idea Ltd lagged further behind its main rivals in terms of subscriber base, losing 2.7 million net mobile subscribers in October, data from the Telecommunications Regulatory Authority of India showed. In contrast, rivals Reliance Jio Infocomm Ltd and Bharti Airtel Ltd saw their subscriber base increase by 2.2 million …
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