Govt to cover MTNL's bond payments amid liquidity crisis: Report
New Delhi: The government will handle all future bond payments for Mahanagar Telephone Nigam Ltd. (MTNL) as the state-owned company deals with a liquidity crisis, according to a Bloomberg report.
60% of MSMEs plan to digitize their business by 2025: Vi report
Kolkata: Almost 60% of MSMEs plan to digitize their business processes by 2025, according to Vi Business ReadyforNext MSME growth insights study.
Reliance Industries crosses Rs 21 lakh cr market cap after Jio tariff hikes
Mumbai: Reliance Industries Ltd has surpassed a market capitalisation of Rs 21 lakh crore after a stock surge of more than 20 percent this year, becoming the first Indian company to achieve this milestone, media reported.
Reliance Jio hikes tariff, highlights its 5G network and AI-enabled services
Mumbai: Reliance Jio Infocomm Ltd, India's largest telecom provider, announced a series of new unlimited plans set to take effect on July 3.
Govt receives Rs 11,300 cr as 5G spectrum auction ends, Airtel emerges top bidder
New Delhi: The auction for 5G spectrum for mobile radio services concluded with telecom firms bidding around Rs 11,300 crore, reported The Economic Times on Wednesday.
Vodafone Idea buys spectrum worth Rs 3,510 cr to enhance overall network
New Delhi: Cash-strapped telecom operator Vodafone Idea has acquired spectrum worth Rs 3,510 crore to enhance its 4G network coverage and launch 5G services, the company announced on Wednesday.
Vodafone Idea in talks with Samsung for new 4G, 5G tech solutions
Mumbai: Vodafone Idea is in active discussions with Samsung about new technologies, including virtualized Radio Access Network (vRAN) solutions for their 4G and 5G networks, according to a company statement.
Bharti Airtel acquires 97 MHz of spectrum across 3 frequency bands worth Rs 6,857 cr for 20 yrs
New Delhi: Telecom giant Bharti Airtel has acquired 97 MHz of spectrum in the 900 MHz, 1800 MHz, and 2100 MHz frequency bands at an auction on Wednesday, costing Rs 6,857 crore.
Vodafone sells 18% stake in Indus Towers for 1.7 billion euros
Mumbai: British telecom company Vodafone announced on Wednesday that it has sold an 18 percent stake in Indus Towers for 1.7 billion euros (approximately Rs 15,300 crore), reported media.
Vodafone Group to sell entire $2.3 bn stake in Indus Towers
Mumbai: Vodafone Group is planning to sell its entire $2.3 billion stake in India's Indus Towers through block deals on the stock market next week, Reuters reported citing two sources with direct knowledge of the matter.
Mumbai: Sunil Bharti Mittal, who leads Bharti Airtel, has revealed that a meeting with Prime Minister Narendra Modi in September 2018 turned out to be a turning point for him at a time when his telecom company was in the midst of a severe crisis.
Vodafone Idea net loss widens in Q4FY24; ARPU up 7.6 pc at Rs 146
New Delhi: Vodafone Idea, a leading private sector telecom company with a government stake of 32.2%, recorded a loss of Rs 76,746 million (Rs 7,674.6 crore) in the fourth quarter of the financial year 2023-24, compared to Rs 64,189 million (Rs 6,418.9 crore) in the same period of 2022-23.
Reliance Jio surpasses China Mobile as world's largest mobile operator
Mumbai: Reliance Jio, India's leading telecom operator, has surpassed China Mobile to become the world's largest mobile operator in data traffic consumption, media reports said.
Vodafone Idea raises Rs 5,400 cr from over 70 anchor investors
Mumbai: Vodafone Idea has garnered Rs 5,400 crore from 74 anchor investors, according to a statement released on Wednesday.
Vodafone Idea FPO worth Rs 18,000 cr to open on Apr 18
Mumbai: Vodafone Idea has announced its follow-on public offer (FPO) worth Rs 18,000 crore which will be open for subscription starting April 18.