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: Idea
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…]
8% fall in Idea Cellular shares on Vodafone deal
Airtel offers 28GB 4G data, free calls at Rs 345
Aiming to counter Reliance Jio’s prime plans, now Bharti Airtel, the country’s largest telecom operator, has come up with a new revamped plan to offer 1 GB 4G data per day along with free local and STD calls. Airtel’s Rs 345 plan offers 1GB of 4G data per day along[Read More…]
TRAI seeks views on promotional offers, predatory pricing
Telecom regulator TRAI will review the rules of tariff assessment with regard to promotional offers and predatory pricing, issues that have triggered a public spat between Reliance Jio and incumbent operators. These contentious issues would be debated as part of a consultation paper on ‘Regulatory Principles of Tariff Assessment’ issued[Read More…]
Vodafone to merge with Idea Cellular in India
Shares of Idea Cellular increased as Vodafone on Monday confirmed that it is in talks to merge its Indian operations with contemporary Idea Cellular in an all-share deal. The motif of the deal is to counter the surging competition in the telecom market. As per Reuters, Vodafone said it was[Read More…]
TRAI to levy a penalty of ₹3,000 crore from Airtel, Idea and Vodafone
The Telecom Regulatory Authority of India (TRAI) has finally stepped into the war over ‘interconnectivity’ and has proposed penalties on Bharti Airtel, Vodafone India and Idea Cellular for denying interconnection to Mukesh Ambani’s Reliance Jio Infocomm. Along with suggesting a ₹50-crore penalty per circle on the three incumbent players, which[Read More…]
How Reliance Jio choke-slammed its telecom competitors
Mukesh Ambani’s announcement of Reliance Jio services turned out to be a nightmare for other telecom operators. Soon after Ambani’s announcement of Jio, shares of Bharti Airtel and Idea sunk by 9% and 11% respectively and together they lost Rs 15,600 crore. Shares of other telecom companies also fell on the Bombay[Read More…]