Airtel raises $2.5 billion from Chinese banks to fund the growth of data networks

By on May 16, 2015 at 11:13 AM.

Airtel raises $2.5 billion from Chinese banks to fund the growth of data networks

Bharti Airtel today said it has received financing commitments of up to $2.5 billion from China Development Bank and Industrial and Commercial Bank of China, with an average maturity of about nine years. More →
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Idea to launch 3G networks in Kolkata in December, to pump Rs 380 crore in Bengal

By on May 14, 2015 at 12:03 PM.

Idea to launch 3G networks in Kolkata in December, to pump Rs 380 crore in Bengal

Private telecom operator Idea Cellular will invest about Rs 380 crore in 2015-16 to spruce up its infrastructure in Kolkata and West Bengal circles, and launch its own 3G network in the city in the third quarter. More →
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Tata Docomo’s Andhra Pradesh and Telangana circles get new mobile business head

By on May 14, 2015 at 10:24 AM.

Tata Docomo’s Andhra Pradesh and Telangana circles get new mobile business head

Tata Docomo, the unified telecom brand of Tata Teleservices Limited, yesterday announced the appointment of Sanjiva Jha as Mobility Business Unit (MBU) Head of Andhra Pradesh and Telangana Circle. More →
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DoT’s new licensing regime gave undue advantage of Rs 3,367 crore to Reliance Jio Infocomm: CAG

By on May 9, 2015 at 10:36 AM.

DoT’s new licensing regime gave undue advantage of Rs 3,367 crore to Reliance Jio Infocomm: CAG

Reliance Jio Infocomm got undue advantage of Rs 3,367.29 crore after the Department of Telecom allowed it to provide voice calling facility under the new licensing regime, official auditor CAG said yesterday. More →
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