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RCom to sell Direct-to-Home business to Veecon Media

By / November 7, 2017 / / 0 Comments

Reliance Communications has signed a binding MoU with Veecon Media and Television Ltd for the sale of its subsidiary Reliance BIG TV Ltd (RBTV), which offers Direct-to-Home (DTH) services across India. Reliance Communications did not disclose the value of the transaction. Pursuant to the transaction, the buyer will acquire the entire shareholding of RBTV with […]

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First Phase of BharatNet Project to Be Completed by December: Telecom Secretary

By / October 27, 2017 / / 0 Comments

The first phase of Indian government’s BharatNet project will be completed by December this year, having already covered 83,000 gram panchayats, Aruna Sundararajan, Secretary, Department of Telecommunications, Government of India, said on Thursday. BharatNet project, which aims to deploy high-speed optical fibre cables across rural areas of the country, would provide 100,000 gram panchayats with […]

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RCom pulls plug on 2G services; 1,500 jobs to go

By / October 26, 2017 / / 0 Comments

In a bid to stop losses, debt-laden Reliance Communications (RCom) is pulling the plug on its 2G services. The company will shut down all 2G mobile operations by November 30. This will lead to about 1,500 job losses, according to industry sources. Subscribers will be given the option to either shift to its 3G/4G network […]

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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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Airtel plans to phase out 3G in two years, offer VoLTE nationwide

By / October 18, 2017 / / 0 Comments

Bharti Airtel Ltd plans to phase out its 3G service in two years and upgrade all subscribers using the service to faster 4G networks in a move that will help India’s largest telecom operator save on costs and improve user experience. The company plans to migrate all its 3G users across the country to 4G […]

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Big boost for Reliance Jio, Q2 numbers show less than expected loss of Rs 270 cr, beats rivals across parameters

By / October 14, 2017 / / 0 Comments

Reliance Jio turned an impressive set of numbers for the July-September quarter which is otherwise seen as a weak period for mobile operators. The company, which started commercial operations from September 2016, on Friday for the first time released its full earnings and other operating metrics. As is known, Jio started charging customers for its […]

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Bharti Airtel gets Tata Teleservices for free in surprise move; deal dubbed win-win for all

By / October 13, 2017 / / 0 Comments

The country’s largest telecom operator, Bharti Airtel, and the loss-making, struggling Tata Teleservices (TTSL, which includes Tata Teleservices Maharashtra) said on Thursday that they have entered into an agreement by which the consumer mobile business of the latter will be merged into that of the former. The move at one stroke gives Bharti a huge […]

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Tata Teleservices Reportedly Shutting Down Operations in India Very Soon

By / October 10, 2017 / / 0 Comments

Earlier this month, it was rumoured that Tata Teleservices is asking its users to migrate from its network as it’s considering shutting down operations in the country. And now, it is reported that Tata Group has informed the government about its shut down of the wireless business. The first news was reported by Business Standard, quoting […]

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Jobs on the line at RCom, Aircel, Tata Tele

By / October 4, 2017 / / 0 Comments

Thousands of jobs are at stake in the telecom sector as three loss-making operators — Reliance Communications, Aircel and Tata Teleservices — face an uncertain future. Together, the three operators employ about 15,000 people. While RCom and Aircel have called off their plans to merge their wireless businesses, Tata Teleservices is winding down some of […]

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RCom, Aircel hang up on merger plans

By / October 3, 2017 / / 0 Comments

Reliance Communications (RCom) and Aircel have called off talks to merge their mobile operations due to regulatory and legal hurdles. This casts doubts over the operators’ future as the merger was seen as vital for their survival in the competitive telecom sector. “Legal and regulatory uncertainties, and various interventions by vested interests, have caused inordinate […]

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