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RCom to get out of SDR; finalises Rs 39,000-cr debt resolution plan

By / December 27, 2017 / / 0 Comments

Anil Ambani-owned Reliance Communications (RCom) said on Tuesday it had exited the strategic debt restructuring (SDR) scheme of lenders by agreeing to sell its telecom towers, real estate and other assets, and getting a strategic investor in the “new RCom”, which would help reduce its debt by Rs 39,000 crore. The company expected to conclude […]

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Bharat Net to connect 2.5 lakh panchayats, all set to add Rs 4.5 lakh cr to GDP

By / November 13, 2017 / / 0 Comments

The government’s ambitious project to connect 2.5 lakh gram panchayats with high-speed broadband Bharat Net, upon completion, could add Rs 4.5 lakh crore or roughly 3.3% to India’s GDP, and trigger a “massive services revolution” in the rural areas, according to telecom secretary Aruna Sundararajan. The project involves bringing 100 million Indians in rural areas […]

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TRAI suggests norms for app-based calls

By / October 25, 2017 / / 0 Comments

The Telecom Regulatory Authority of India on Tuesday proposed that internet telephony calls originating from international out roamers should be routed through the gateway of licensed International Long Distance Operators (ILDOs). It said international termination charges should be paid to the terminating access service provider. The recommendations are meant for service providers holding valid telecom […]

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Reliance Jio to change approach from hunter to farmer by 2018: Fitch Ratings

By / October 24, 2017 / / 0 Comments

The new entrant in the telecom industry, Reliance Jio, is expected to shift its approach from a hunter to a farmer by 2018, said Nitin Soni, Director at Fitch Ratings. “Right now they are hunting for a larger subscriber base, they already have about 139 million subscribers, by 2018 we expect them to achieve about […]

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With Tez, Google joins post-note ban mobile payments race

By / September 19, 2017 / / 0 Comments

Internet search giant Google on Monday launched its Unified Payments Interface (UPI)-based digital payment service by the name ‘Tez’. With this move, Google has become the latest international company to enter the fast-growing digital payments industry in India. Taking Google’s commitment to the Indian market to the next level, the app is powered by UPI, […]

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Licence fee, spectrum payments: telecom panel against changing interest calculation

By / September 15, 2017 / / 0 Comments

The Telecom Commission is learnt to have conveyed to the Department of Telecom (DoT) its reservations on replacing prime lending rate (PLR) with marginal cost of fund-based lending rate (MCLR) for calculating the interest paid by operators on delayed payment of licence fee and spectrum usage charge (SUC). The government’s top decision-making body for the […]

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Vodafone Now Offering Up to One-Year Free Netflix Subscription With the Vodafone RED 1299 and RED 1699 Plans

By / July 17, 2017 / / 0 Comments

Vodafone, the country’ second largest telecom operator earlier this year partnered with Netflix to offer content from the world’s leading movie and TV show streaming service. The company also promised that it would offer Netflix premium subscription with some of its tariff plans. And finally, the offer has arrived. Vodafone’s now offering up to one […]

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Trai may begin consultations on next round of spectrum auctions in September

By / July 17, 2017 / / 0 Comments

The Telecom Regulatory Authority of India may begin consultations on next round of spectrum auctions in September, although it`s unlikely the government will sell airwaves in this financial year, given high level of debt and competition in the industry. Consultations could stretch out to late this year or early next, rendering any sale in FY18 […]

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Telecom subscriber base in India crosses 1.2-billion mark

By / July 14, 2017 / / 0 Comments

The telecom subscriber base crossed 1.2 billion mark in May, according to sectoral regulator Trai. While the growth was led by 6.23 million net subscriber additions in the mobile services segment, it was marginally impacted by decline of 0.14 million landline subscribers. “The number of telephone subscribers in India increased from 1,198.89 million at the […]

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Reliance Jio data leak: Tech gets smarter but your safety gets dumber

By / July 11, 2017 / / 0 Comments

After a website called `magicapk` leaked details such as email addresses, names and Aadhar ID details (in some cases) of Reliance Jio smartphone users, many would consider the risks of using a smartphone, something that never gets the attention it deserves. Activists and NGOs have cried themselves hoarse over the risks associated with Aadhaar, the […]

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