Voda, Idea pip Bharti in race for new subscriber additions in ...

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The Videocon group has planned to retire a substantial portion of its Rs 29,000-crore (Rs 290-billion) debt from the proceeds of the sale of its 10 per cent stake in a Mozambique gasfield, which could raise up to $3 billion (Rs 16,300 crore) by this month-end.According to a banking source, Videocon is aiming to bring down its debt to a manageable Rs 10,000 crore (Rs 100 billion) over the next few years. With interest rates at a high, the reduction in finance costs will help the group to free ...

NEW DELHI: Restaurants and washrooms may have provided the ambience for some brilliant ideas, but for telecom operator Uninor, the flicker of inspiration came when a top executive was on his way home in an autorickshaw. Uninor Maharashtra circle ...

Mobile operator Videocon, which won back airwaves in six regions in the November spectrum auctions, will offer voice and data services at about 25% below current market rates, its chief executive and director, Arvind Bali, told ET. The ...

Stocks of top telecom operators have fallen sharply in the last couple of months, putting an end to the investor euphoria over a potential turnaround in the performance of these companies. Considering the delay in the pick-up of third ...

The Durban summit should lay out a new set of recipient-friendly norms for international development co-operation What appears to be significant is that political parties have begun taking carefully calibrated positions keeping in mind general ...

The mobile subscriber base in the country which for the last few months has shown downward trend has further declined in January 2013. According to the latest figures released by the regulator TRAI, the mobile user base decreased from 864.72 million ...

The Supreme Court has disposed of petitions filed by a telecom industry body and Idea Cellular Ltd, which sought cancellation of Tata Teleservices Ltd’s GSM licences and inclusion of its spectrum in auctions. The Cellular Operators Association of India, industry body representing GSM operators, had argued that TTSL’s spectrum was allotted through the same press release issued on January 10, 2008, which led to the cancellation of 122 licences.Idea Cellular in its petition sought that ...

With the RBI issuing guidelines for new bank licences, diversified group Videocon Industries said on Sunday that it will enter the banking sector with a foreign partner and has earmarked Rs 1,000 crore for the purpose. Videocon Industries Chairman Venugopal ...