Bharti Airtel Q1 profit falls 37per cent, misses estimates
Top telecoms carrier Bharti Airtel reported its 10th straight quarter of profit decline as competition squeezed margins despite gaining subscriber market share from some of its smaller rivals.
2G spectrum scam: RAW informs CBI of hawala transactions
The CBI has started a probe into the hawala transactions allegedly linked to former Telecom Minister A. Raja with the belief that a possible money trail could be unearthed in the spectrum allocatio
EGoM to meet on Monday to decide on spectrum sale schedule
A ministerial panel led by Finance Minister P. Chidambaram is scheduled to meet on Monday to plan a revised schedule for spectrum auction as the government is unlikely to finish the process by August
TDSAT disposes Idea plea on merger of Spice licences
Telecom tribunal TDSAT has refused to go into the dispute between the government and Idea Cellular over the merger of six overlapping licences of Spice Communications saying that a direction has alrea
Floor price for spectrum auction fixed at Rs 14,000 cr
The Cabinet on Friday fixed a minimum or base price of Rs 14,000 crore for the Supreme Court mandated auction of telecom spectrum.
The Cabinet, headed by Prime Minister Manmohan Singh, decided to fi
TDSAT dismisses Vodafone's plea on spectrum liberalisation
Telecom tribunal TDSAT on Wednesday dismissed Vodafone's plea challenging the government's guidelines on the liberalisation of 2G spectrum in the auctions that are to take place following the cancella
Govt plea to SC by Aug 10 for extending auction deadline
The government is planning to approach the Supreme Court to seek the extension of August 31 deadline for completing the auction of 2G spectrum freed from the cancellation of 122 telecom licences in Fe
EGoM for base spectrum price between Rs 14,111-Rs 15,111 cr
In a relief to telecom operators, the Empowered Group of Ministers (EGoM) is believed to have suggested setting a 20 per cent lower base or bid start price at Rs 14,111-15,111 crore for the proposed s
Vodafone organic growth hit by India, UK slowdowns
Vodafone posted a sharp drop in quarterly organic growth as weak trading in Italy and unexpected slowdowns in Britain and India hit the world's largest mobile operator.
EGoM recommends lower price for spectrum auction
The Empowered Group of Ministers headed by Home Minister P. Chidambaram on Friday decided to recommend to the Cabinet a lower than sector regulator TRAI- proposed reserve price for auction of spectrum.