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 »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 »Vi is ready for 5G rollout, says CEO Takkar
Vodafone Idea Ltd (Vi) said on Monday that it is ready for the launch of 5G wireless service, after rival Bharti Airtel Ltd recently announced that its network is ready for a commercial launch of the technology as soon as the government permits and the spectrum is available. “We are …
Read More »Vodafone Idea attacks Jio for unfounded accusations about tower disruptions, transfers, Telecom News, ET Telecom
NEW DELHI: Vodafone Idea has teamed up with Bharti Airtel to refute allegations by competitor Reliance Jio that the two rivals’ channel partners were inciting and sparking agitators involved in disruptions of the Jio tower and promoting exits of the telco in Punjab and Haryana. “VIL will never be part …
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 »IUC levy: how the IUC scrapping will affect Reliance Jio, Airtel and Vodafone – Latest news
New Delhi: Elimination of inter-carrier IUC charges may result in some EBITDA gains for Vodafone Idea and some impact for Jio, while it will be neutral for Airtel, according to a report. The zero IUC (interconnection use charges) regime was previously scheduled to take effect from January 2020, but then …
Read More »Credit Suisse, Telecom News, ET Telecom
New Delhi: Elimination of inter-carrier IUC charges may result in some EBITDA gains for Vodafone Idea and some impact for Jio, while it will be neutral for Airtel, according to a report. The zero IUC (interconnection use charges) regime was previously scheduled to take effect from January 2020, but then …
Read More »LIVE MARKET: Indices fall in volatile session; HDFC twins drag
Live Market updates: Indian markets extended losses in midday trading from Wednesday’s volatile session ahead of the December series derivatives contracts expiring tomorrow. The S&P BSE Sensex hovered around 47,530 levels, 80 points less. The index reached a high and low of 47,808 and 47,358, respectively. The broader Nifty50 index …
Read More »LIVE MARKET: Indices Hold Near Record; Sensex earns 300 points
LIVE updates: Indian markets parked near their new record, scaled in early deals Monday amid positive global signals after US President Donald Trump signed a $ 2.3 trillion aid and spending bill pandemic. Additionally, the UK’s historic trade deal with the European Union also helped investor confidence. Among the major …
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 …
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