Telecom Sector

Idea Cellular opens Rs 3,000 cr QIP issue

Idea Cellular opens Rs 3,000 cr QIP issueNew Delhi: Idea Cellular, India's third largest wireless services operator, on Thursday said it has opened a QIP issue through which it will offer equity shares worth Rs 3,000 crore.

"... The securities allotment committee of the board of directors of the company, at its meeting held on June 5, 2014, has decided to open a QIP issue by way of issue of equity shares aggregating upto Rs 3,000 crore," Idea Cellular said in a filing to the BSE.

DoT rejects Vodafone request to extend licences in 7 circles

DoT rejects Vodafone request to extend licences in 7 circlesNew Delhi: The Department of Telecom has rejected Vodafone India's request to extend its licences in seven service areas that are expiring next year.

"(Vodafone's) request for extension of licences in Kerala, Tamil Nadu, Haryana, Rajasthan, UP East, Maharashtra and Gujarat service areas expiring in December 2015 cannot be acceded," a DoT note said.

Vodafone declined to comment.

In 2015-16, 29 licences are expiring, including the seven held by Vodafone.

Videocon Telecom ties up with Huawei for 4G rollout

Videocon-Telecom-HuaweiNew Delhi: Videocon Telecom has tied up with Chinese equipment firm Huawei Technologies for rolling out 4G network in six out of its 7 service areas.

"Videocon Telecom is rolling out LTE-ready Packet Core network from Huawei in 6 telecom circles in India. This network will provide a larger data coverage and reduce the overall capex and opex leading to an improved profitability and lower costs to end users," Videocon Telecom's Director and CEO Arvind Bali said in a statement.

Airtel ties up with African telecom operators

tigo-airtel-zantelNew Delhi: Bharti Airtel on Thursday said it has tied up with African telecom operators Tigo and Zantel for providing customers in Tanzania mobile money transfer service across networks.

The service is expected to begin this month, Bharti Airtel said in a statement.

With this agreement, customers of the three firms will be able to send money by mobile to each other by either using Airtel Money, Tigo Pesa or EzyPesa.

BSNL users can now access Facebook on mobile without Internet

Facebook-on-mobile-without-InternetNew Delhi: State-run BSNL on Tuesday launched a service wherein its mobile customers will be able to access Facebook without any Internet or data connectivity.

BSNL users will be charged Rs 4, Rs 10 and Rs 20 for 3 days, weekly and monthly plans, respectively, the company said in a statement.

The public sector telecom firm has tied up with U2opia Mobile to provide Facebook access through USSD in East and South zones immediately and shortly the service will be launched in West and North zones.

Aircel to open 500 branded stores by mid-2015

Aircel to open 500 branded stores by mid-2015New Delhi: Telecom operator Aircel on Tuesday opened 200 branded outlets, named XPRESS Stores, in a bid to expand its retail footprint across the country and plans to scale up the number to 500 by mid-2015.

"We are delighted to expand our national retail footprint by opening 200 Aircel XPRESS Stores across the country. We plan to elevate the number of such stores to 500 by first half of 2015," Aircel's National Head for Operations and Customer Support, Vipul Saurabh said in a statement.

RJio network progress hit by not getting right-of-way

Reliance-Jio-InfocommKolkata: Reliance Jio Infocomm, the telecom arm of Mukesh Ambani-led Reliance Group, is beset with the problem of not getting right-of-way to lay underground cables in various parts of the country hitting progress in network expansion.

"Getting right-of-way in several parts of the country is becoming a problem for Reliance Jio. But things will be sorted out as early as possible," a company official told PTI on condition of anonymity.

Other companies were also facing similar problems, he said adding "rules for getting right-of-way vary from place to place".

Mobile number portability touches 100-mn mark: TRAI

TRAINew Delhi, May 29 : The number of subscribers who have availed mobile number portability (MNP) has reached the 100 million-mark, data released by the Telecom Regulatory Authority of India (TRAI) Thursday said.

MNP was introduced Jan 20, 2011 in the country allowing mobile phone users to retain their mobile number even when moving from one service provider to another in the same service area irrespective of the mobile technology.

TRAI said in a release here that from this year onward corporate porting has also been started where mobile numbers taken in the name of firms can also be ported if such porting is duly authorised by their authorised representative.(IANS)

Quality of service, a priority: Telecom minister

Ravi-Shankar-PrasadNew Delhi, May 27 : Telecom and Information Technology Minister Ravi Shankar Prasad Tuesday said the new government will focus on the quality of service and restoration of investor confidence on a priority basis.

"Telecom was in the news for all the wrong reasons. My priorities will be to set things right. I will focus mainly on two things -- quality of services and investors' confidence restoration," he told reporters after taking charge of the ministry here.

"We will focus to establish broadband highway," he added.

Tata Comm sells stake in African arm for $676 mn

Tata-CommunicationsMumbai, May 19 : Tata Communications Monday announced it would sell its 67 percent stake in South African telecom unit Neotel to Vodacom -- an arm of Vodafone Group -- for around $676 million (7 billion South African Rands).

“The shareholders of Neotel and Vodacom SA have announced today that they have favourably concluded an agreement on the commercial structure and terms to proceed for Vodacom to acquire 100 per cent of the shares of Neotel valued at an enterprise value of ZAR 7.0 billion,” Tata Communications said in a statement.

Reliance Jio, Tower Vision sign tower infrastructure sharing pact

Reliance-JioNew Delhi, May 15 : Jio Infocomm and Tower Vision India, a telecom tower company, have entered into a master service agreement for tower sharing, a company statement said here Thursday.

Reliance Jio, a subsidiary of Reliance Industries Limited, holds a pan-India unified licence. With this agreement, Reliance Jio would utilise the telecom tower infrastructure of Tower Vision to launch its services across the country. Tower Vision has a portfolio of 8,400 telecom towers in India.

Samsung ties up with Vodafone, Aircel for app billing

SamsungNew Delhi, May 15 : Samsung Electronics Thursday tied up with service providers Vodafone India and Aircel to introduce billing facility for its Samsung app store, a company statement said here.

The tie-up would allow Samsung smartphone users to download their favourite apps and games with the option of payment through their mobile bill. Starting May 1, the operator billing integration will be available for both prepaid and postpaid customers to enjoy uninterrupted downloads.

Airtel gets initial nod for unified licence in Delhi, Kolkata

Bharti-AirtelNew Delhi, May 14 : The country's largest telecom service provider Bharti Airtel has got the initial go-ahead from the Department of Telecom (DoT) for its Unified Licence (UL) in Delhi and Kolkata service areas using any technology.

According to a copy of the Letter of Intent (LoI) available with IANS, Bharti Airtel requested the DoT to grant UL in the two circles March 13, 2014. The DoT has issued the letter to the service provider May 9, 2014, specifying that UL agreement will be signed after various compliances “within twentyone working days on receipt of this LoI.”

Mobile number portability requests up by 2.6 million: TRAI

Mobile number portability requests up by 2.6 million: TRAINew Delhi, May 12 : The mobile number portability (MNP) requests have gone up by 2.60 million in March 2014, data released by the Telecom Regulatory Authority of India (TRAI) showed Monday.

The MNP requests increased from 114.41 million subscribers at the end of February 2014 to 117.01 million at the end of March 2014.

The number of telephone subscribers in India increased from 931.95 million at the end of February 2014 to 933 million at the end of March 2014, thereby showing a monthly growth of 0.11 percent.

Nokia, NTT DoCoMo to research on 5G technology

Ntt-Docomo-NokiaNew Delhi, May 8 : Finnish telecom company Nokia and Japan's NTT DoCoMo will collaborate in research and standardization of fifth generation (5G) technologies and work jointly on a 5G proof of concept (PoC) system, a company statement said Thursday.

"This move builds on the Memorandum of Understanding signed by the two companies in January 2014 to research future radio access experimental systems," the statement by the network division of Nokia, Nokia Solutions and Networks (NSN) said.

Idea Cellular resumes 3G services via inter-circle roaming

Idea Cellular resumes 3G services via inter-circle roamingNew Delhi, May 5 : Idea Cellular Monday resumed 3G services services through intra-circle roaming (ICR), across 10 circles, the company said here.

This came within a week of the Telecom Disputes Settlement & Appellate Tribunal (TDSAT) allowing telecom service providers to provide 3G services beyond their licensed areas, quashing an earlier decision of the government.

Videocon Telecom plans Rs.1,240 crore investment in 2014-15

Videocon-TelecomNew Delhi, April 30 : Videocon Telecom plans to invest Rs. 1,240 crore in its existing four circles during 2014-15 on network expansion, IT infrastructure and service platforms, Arvind Bali, director and chief executive officer of the company said here Wednesday.

“We will be investing over Rs. 1,240 crore in our existing four circles in 2014-15 primarily on network expansion, IT infrastructure, service platforms and other technological advancements,” he said in a statement.

The consolidated top line revenue of the company grew by 77 percent in the fourth quarter (January-March) of 2013-14 and touched Rs. 344.5 crore.

Bharti Airtel's Q4 net up by 89 percent

Bharti-AirtelNew Delhi, April 29 : Bharti Airtel posted 89 percent jump in net profit in the fourth quarter (January-March) on voice and data business growth, a company statement said here Tuesday.

The net profit for the fourth quarter stood at Rs. 962 crore, up from Rs. 509 crore posted during the corresponding period last fiscal (2012-13).

The total revenue of the company was up by 13.5 percent at Rs. 22,219 crore during the fourth quarter from Rs. 19,582 crore in corresponding period in 2012-13.

Idea Cellular's Q4 consolidated net up by 91 percent

Idea-CellularNew Delhi, April 28 : Idea Cellular posted 91 percent jump in the consolidated net profit for the fourth quarter (January-March) of 2013-14 on increased voice call prices, a company statement said here Monday.

The net profit for the fourth quarter stood at Rs. 589.8 crore compared to Rs. 308.2 crore it posted during the corresponding period in 2012-13.

The consolidated gross revenue of the Aditya Birla group company rose to Rs. 7,043.8 crore in the fourth quarter from Rs. 6,061.4 crore posted during the corresponding quarter in 2012-13.

RComm inks pact with Tata Tele, Aircel for 3G services

Reliance-CommunicationsNew Delhi, April 28 : Telecom service provider Reliance Communications (RCom) has inked a tripartite pact with Tata Teleservices and Aircel to provide 3G roaming services to its GSM customers pan-India.




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