DoT is seeking legal opinion on the Vodafone-Idea Cellular merger in respect to Vodafone's administratively allocated spectrum holdings, according to industry sources.
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 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.
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.
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.
Trai has said courts are the right forum for dispute resolution, and that it will continue to participate in the due legal proceedings.
Bharti Airtel said it will engage with potential investors to evaluate a strategic stake sale in the new tower company.
DoT has issued 13-digit numbers to telecom operators for the trial of M2M communications like smart electric metres and car tracking devices.
Telecom regulator Trai said anybody is free to move court against its tariff order after operators threatened to challenge the new rules while terming them "not fair".
Mobile operator Idea Cellular said it has successfully closed a Qualified Institutions Placement (QIP) to raise Rs 3,500 crore.
Co In Pact To Buy 95% Of Climate Tech Pty, Australia
Deal Size Stands At Rs 201-211 Cr In Valuation
JLR Investor Presentation:
Have Exciting Products, Plans In The Pipeline To Generate Sustainable Growth
Aiming For A 4-7% EBIT Margin Over Medium Term, Will Invest 4.5 Bn GBP In FY19-21
Aiming For A 7-9% EBIT Margin Over Long Term
Long Term Investment Pegged At 12-13% Of Revenue
Retail Volume Grew By 1.7% & Revenue Grew By 6% In FY18
Also Launched Jaguar I-Pace As Co's First All Battery Electric Vehicle
To Set Up 5 Lk KL/Annum Plant At Visakhapatnam For Rs 1,785 Cr
To Set Up 6 Lk KL/Annum Plant In Mysore For Rs 2,300 Cr
Co's International Business Did Not Perform Well In FY18
Economy & Inflated Currency Hit Co's Egyptian Operations
To Launch Generic Tadalafil After Filing ANDA With USFDA
Sterile Drug Product Manufacturing Facility In Bengaluru Receives EIR From USFDA
USFDA's Pre-Approval & Inspection Of Facility Done In April & May 2018
EIR Notifies That The Inspection Stands Closed
Co Committed To Global Standards Of Quality & Compliance
Dr Reddy's Loses Patent Case With Eli Lilly Over Alimta
Co Cannot Launch Its Alternative Salt Forms Until The Eli Lilly Patent Expires
The U.S. District Court For The Southern District Of Indiana Ruled In Favour Of Lilly
The Eli Lilly Patent Expires In May 2022