DoT seeking legal opinion on Vodafone-Idea merger: Sources

Jun 19 2018

DoT is seeking legal opinion on the Vodafone-Idea Cellular merger in respect to Vodafone's administratively allocated spectrum holdings, according to industry sources.

DoT seeks Rs 2,100 cr bank guarantee from Idea for Voda merger

Jun 14 2018

DoT will seek a bank guarantee of around Rs 2,100 crore for clearing Idea Cellular's planned merger with Vodafone India, a government source said.

Telecom stocks under pressure; Idea cracks over 5%

Jun 13 2018

Telecom stocks, led by Idea Cellular came under selling pressure today, falling up to 5.3 per cent, amid concerns over increasing tariff war.

Vodafone, Idea name circle heads for merged entity

Jun 08 2018

Vodafone India and Idea Cellular have announced appointment of nine executives each from their teams as circle heads for the merged entity, which is proposed to operate as Vodafone Idea Limited.

DoT clears Rs 4,000 cr Idea-ATC mobile tower sale deal

May 24 2018

The Department of Telecom today cleared sale of standalone mobile towers of Idea Cellular for Rs 4,000 crore to the Indian arm of American Tower Corporation (ATC), according to official sources.

Govt to help workers laid-off by telcos: Secretary

May 18 2018

Some estimates peg the number of job losses in the sector, which has been passing through choppy waters after the launch of the aggressive offerings by the deep-pocketed Reliance Jio, at over 90,000.

Vodafone India posts Rs 9,805 crore operating profit for 2017-18

May 15 2018

Vodafone India today posted operating profit of Rs 9,805 crore for the financial year 2017-18, ended March 31.

Jio's postpaid offer to hit incumbent players' ARPU: Jefferies

May 11 2018

Jefferies said the sharp discount launched by Jio would make incumbents respond to it which may further cut average revenue per user for Bharti and Idea.

Telecom stocks fall after Jio unveils new post-paid plan

May 11 2018

Shares of Indian telecom services providers fell sharply after Reliance Jio Infocomm unveiled a new post-paid plan as it takes on bigger rivals such as Airtel and Idea.

TRAI issues draft to tweak interconnect regulations

May 08 2018

Telecom regulator Trai issued a draft to amend interconnect regulations, proposing certain changes in terms and conditions for operators to seek fresh call connect ports from other telcos.

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