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Telecommunications

Vodafone India and Idea Cellular, which are merging, have formed a project management office as the nodal body tasked with integrating the two companies, with UK group veteran Ravinder Takkar essaying a key role. Common teams reporting to the project management office have been set up across key functions to work out how to integrate […]

Aditya Birla Group (ABG) is infusing fresh life into its telecom network Idea Cellular, with a host of promoter group companies picking up preferential equity of up to ?3,250 crore. Company’s board — which approved the share sale on Thursday — has also formed a committee to evaluate how to raise a further ?3,500 crore. […]

Aditya Birla Group and Vodafone Group PLC have started talks on “closing adjustments” of the merger between Idea Cellular and Vodafone India and discussions are focused on how to resolve Idea’s losses incurred since the announcement of the deal in March. Deal is expected to close in the first half of 2018. Idea’s consolidated loss […]

Bharti AirtelBSE 2.30 % has acquired a stake in Juggernaut Books, a digital platform to discover and read books and submit amateur writing, as India’s leading telecom operator looks to beef up its content play to take on Reliance Jio Infocomm. “The investment is in line with Airtel’s endeavour to build an open content ecosystem […]

Reliance Jio is looking at leveraging its wide user base to help the neighbourhood kirana stores reach buyers, reported ET. Report states Jio has roped in the likes of ITC, Wipro, Dabur, Tata Beverages, Godrej Consumer Products and Amul as part of this project.Reliance Jio did not respond to queries at the time this story […]

Telecom secretary Aruna Sundararajan has said that the government is making efforts to double India’s telecom infrastructure by the year 2020 She called upon all stakeholders in the country — central and state governments, local authorities and the industry to facilitate laying out of optical fibre in the country for delivering high-speed broadband services. Besides, […]

Department of Telecom (DoT) gave the green signal to the merger of Sistema Shyam Teleservices with Reliance Communications, the Anil Ambani-led telecom compnay said today in statement. With this merger deal, the number of mobile operators in the country will come down to ten. “Reliance Communications Limited (RCOM) has received the Department of Telecommunication’s (DoT) […]

Bharti AirtelBSE 3.82 %, India’s leading telco, has intensified its efforts on the 5G front, and to fully prepare itself for the newer technology, has now joined hands with Swedish telecom gearmaker Ericsson, following similar pacts with Finnish firm Nokia and SK Telecom. reports Danish Khan. Under the agreement, Ericsson will help Bharti AirtelBSE 3.82 […]