New Delhi: Telecom service provider Idea Cellular on Wednesday said it has suspended interconnect services with Aircel due to non-payment of dues. “Despite several reminders for releasing the dues since November 2017, the operator has failed to meet its payment commitments forcing Idea to suspend interconnect services, as per the terms[Read More…]
Tag: Aircel
Is the Indian telecom industry ready to move out of Jio’s shadow?
Reliance Jio Infocomm Limited, a wholly owned subsidiary of Mukesh Ambani’s Reliance Industries created a splash in the Indian telecom industry with its entry. The revenues of India’s telecom industry have seen a big fall after the entry of Jio despite the number of telephone subscribers in India rising from[Read More…]
Aircel-Maxis scam: Need proof to issue notice to Chidambaram says SC
The SC told Subramanian Swamy on Friday to show “some concrete documentary proof” against the former FM P Chidambaram’s who is alleged of illegally permit Malaysian firm Maxis to acquire 100% stake in Aircel through FDI in 2006. “Issuing notice on your petition is no big deal. We can issue[Read More…]
All you need to know about India’s biggest spectrum auction
Telecom companies are all prepared to battle it out on Saturday as the biggest ever spectrum auction for over 2,354.55 mega Hertz (MHz) of airwaves in seven bands -700 MHz, 800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz and 2,500 MHz – worth ₹5.63 lakh starts on Saturday[Read More…]
Much anticipated Reliance Communication-Aircel merger likely this week
Anil Ambani led Reliance Communications (RCom) board has approved the company’s merger with Aircel. The merged company will be one of India’s largest private sector companies, with an asset base of over Rs 65,000 crore and net worth of Rs 35,000 crore. To grow the business further both companies have[Read More…]