Spectrum auction set for January; revenue target at Rs. 11,000 crore
Dec19

Spectrum auction set for January; revenue target at Rs. 11,000 crore

  The Department of Telecom is likely to conduct the third round of spectrum auction by January and expects to garner a minimum revenue of about Rs. 11,000 crore this fiscal, a top official said. Replying to a query on expected time-line for the next round of spectrum auction, Telecom Secretary MF Farooqui said, “By January this financial year. That’s what we are working for.” He was speaking on the sidelines of...

Read More
RCom can pay foreign debt of Rs 3, 100 crore
Dec03

RCom can pay foreign debt of Rs 3, 100 crore

Reliance Communications Reliance Communications on Friday said it has absolutely repaid an in a foreign country debt of Rs 3, 100 crore on time table. “It has absolutely repaid some other syndicated ECB (external business borrowing) loan of $500 million, Rs 3, 100 crore approximately, on the scheduled due date today,” RCom said in a remark.     Related More Articles :  Samsung overtakes Apple in terms of mobile...

Read More
Vodafone seeking approval for $2.7 billion buyout in India venture
Nov11

Vodafone seeking approval for $2.7 billion buyout in India venture

British telecom massive Vodafone is learnt to have applied to govt for raising its stake in its Indian arm to 100 percent at an estimated USD 2.7 billion (Rs.16,600 crore). Trade sources mentioned Monday Vodafone has utilized to overseas investment Permission Board (FIPB) for permission to lift its stake in Vodafone India from seventy four p.c to one hundred pc. While Vodafone didn’t right away revert again emails despatched for...

Read More
DoT looking to intercept encryption services available on smartphones
Nov08

DoT looking to intercept encryption services available on smartphones

India and Israel Web List Posting are likely to come closer in the box of telecommunications as division of Telecommunications (DoT) could rope in a Israeli cyber agency for offering options to intercepting encryption services and products to be had on smartphones. Consistent with a document on engagements of Telecom Minister Kapil Sibal’s discuss with to Tel Aviv in the course of closing month, discussions have been held with...

Read More
iPhone sales power China Telecom to higher profits
Oct13

iPhone sales power China Telecom to higher profits

State-owned China Telecom, the u . s . a .’s 1/3 biggest cell phone operator by using subscribers, said Wednesday that revenue grew within the first half of of the yr as income from iPhone gross sales kicked in. Beijing-primarily based China Telecom, also the arena’s greatest fastened-line telephone operator, stepped up marketing spending to woo buyers after it was the second chinese language mobile company to supply...

Read More