Idea hopeful of maintaining market share momentum

By on July 22, 2014 at 10:07 AM.

Idea hopeful of maintaining market share momentum

The country's third largest telecom player Idea Cellular, which today reported a 57 percent jump in net income at Rs 728.2 crore for the June quarter, driven by higher demand in mobile Internet services, said it expects to continue to raise its market share by 1 percent per year. More →
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Loop Mobile, Loop Telecom owe Rs 808 crore to government: Department of Telecom

By on July 21, 2014 at 2:00 PM.

Loop Mobile, Loop Telecom owe Rs 808 crore to government: Department of Telecom

The government has estimated that Khaitan Group's telecom companies Loop Mobile and Loop Telecom owe about Rs 808 crore in spectrum and other charges to the DoT, which is likely to start recovery proceedings soon. More →
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Government plans Rs 39,000 crore capital infusion in BSNL, MTNL over five years

By on July 11, 2014 at 6:19 PM.

Government plans Rs 39,000 crore capital infusion in BSNL, MTNL over five years

Acknowledging that both BSNL and MTNL are currently in financial distress, the government on Friday said it is "quite serious" to restore the health of the two telecom services providers by adopting various measures like a whopping Rs 39,458 crore fresh investment over five years. More →
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Blocked 219 sites for infringing Sony’s rights: Airtel to High Court

By on July 8, 2014 at 3:30 PM.

Blocked 219 sites for infringing Sony’s rights: Airtel to High Court

Telecom major Airtel has told the Delhi High Court that it has blocked 219 websites which were allegedly infringing MSM Pvt Ltd's, formerly Sony, right to show matches of FIFA 2014 World Cup as the authorized broadcaster of the event in the Indian subcontinent. More →
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