Reliance Jio, India’s newest operator, added 5.94 mln subscribers in September, breaking a declining trend in net additions and taking the total subscriber number to 138.62 mln (13.86 cr). Even as the company increased its subscriber numbers, it was also able to reduce the proportion of inactive or switched-off users on the network. SEPTEMBER BLUES […]
With the central government breathing down the necks of telecom operators to link all connections with Aadhaar numbers, Vodafone has launched Aadhaar verification vans in Rajasthan to ease the process. The vans were initially launched with the purpose of easing the 4G SIM upgrade process. Over the past 10 months, mobile vans have helped thousands […]
Cloud-based software vendor Ramco Systems’ said it won a multi-million dollar order from Philippines-based logistics and money transfer company LBC Express, a year after getting its first order from the company. The first order was to deploy a cloud-based HR management system, while the latest order is in the nature of ERP deployment to manage […]
Wipro Lighting said it has signed up with CISCO to incorporate the latter’s Internet technology-based control systems. With this, said the Bangalore-based company, some of its products can be controlled by and linked to a single, converged IP network based on Cisco’s Digital Building Solutions technology. The technology enables large buildings to save on power […]
Idea Cellular, reportedly India’s third largest 4G operator by volume, has started offering a 100% cash-back scheme even as the Cellular Operators Association has complained against such schemes. Similar cash back schemes have been announced by Reliance Jio in an effort to maintain its subscriber base. Like Jio, Idea too offers cash back coupons of […]
Anil Ambani Group’s Reliance Communication said it has sent ‘cease and desist’ notices to its rivals trying to win over its enterprise customers by creating fear about the company shutting down. The development comes in the wake of announcements by the company that it was gradually shutting down its GSM and 3G network to focus […]
Tata Consultancy Services, India’s biggest foreign exchange generator, said it has set up a Global Development Center in Hyderabad to cater to Zebra Technologies, a billion-dollar US corporation that specializes in tracking technologies such as bar codes and RFID. The new center will provide “operational efficiencies and an enhanced customer experience” for the client, TCS […]
Google has activated support for third-party apps in its Google Assistant product in India. Before this, it was not possible for third-party apps to be launched or accessed via Google Assistant in India. Google Assistant is the company’s artificial intelligence-based mobile phone search and assistance app similar to Siri from Apple. To enable the new […]
Idea Cellular has abandoned its earlier strategy of ‘limited aggression’ in dealing with the threat from Reliance Jio and Bharti Airtel, and will be more visible in its counter strikes from now, said CEO Himanshu Kapania. “From end October, Idea has shifted its earlier stand of limited aggression, which was limited to offering unlimited plans […]
About 600-650 mln telecom customers in India will remain ‘pure 2G’ users even in the year 2022, while 4G users would swell from 175 mln to 750 mln, said Himanshu Kapania, CEO of India’s fourth largest telecom operator Idea Cellular. At present, India has around 1.05 bln active telecom users, out of which around 70% […]
Bharti Airtel said it raised Rs 3,325 crore (USD 510 Million) by selling shares in its tower subsidiary. It sold 83 mln shares at Rs 400.60 each. The price was at a discount of 3.6% to the previous day’s closing level. Shares of Infratel opened down by about 4% today due to the deals done […]
Tata Teleservices, the mobile telecom arm of the Tata Group that was sold to Bharti Airtel last month, lost about 7.3% of its nearly 7 mln mobile subscribers in Maharashtra and Goa, according to a regulatory filing by the company. Tata Telservices Maharashtra Ltd, as the company is know in the two circles of Mumbai […]
Idea Cellular and Vodafone in India started sharing their some of their networks in October, and will soon increase their 4G coverage by about 5,000 villages due to this, the Aditya Birla Group company said. “In October 2017, Idea and Vodafone India have entered into Active Infrastructure sharing arrangement, to avoid duplication of spends and […]
Idea Cellular reported a 19.7% year-on-year decline in its standalone revenue for the second quarter of this financial year, while net loss increased to Rs 1,176 cr from 617 cr in the preceding quarter and a net profit of 4.3 cr in the year-ago period. The revenue per subscriber (ARPU) also fell by 6.6% to […]
Vodafone India and IdeaCellular Ltd said they agreed to sell their standalone tower businesses in India to the local unit of American Tower Corp for an aggregate enterprise value of Rs 7,850 cr (US $1.2 billion). In case the sale is completed before the merger of Vodafone India and Idea, Vodafone India will receive Rs […]
Chennai-based Sun TV continued to report decent overall growth in the July-September quarter as well, but advertising sales continued to lag behind peers such as Zee Entertainment. The company has been ‘suffering from’ poor advertisement growth in the last couple of years, even as players like Zee Entertainment have reported double digit year-on-year improvements. The […]
Just Dial, the local classifieds company, said it “does meet relevant corporates for exploring any business or strategic opportunities and tie-ups”, but there is no proposal to be acquired by Google “as of now”. The statement came in response to a report in the Business Standard daily that said Google has started talks with Just […]
Banking software maker Oracle Financial Services Software, formerly known as iflex, reported strong year-on-year numbers characterized by robust revenue growth and strict control over costs, however revenue slipped on a sequential basis. Consolidated revenue for the quarter was Rs. 1190 Crore, up 12% compared to quarter ended September 30, 2016 and down 1% compared to […]
Tata Consultancy Services said it inaugurated the first phase of Thane delivery center that will have the capacity to seat 30,000 employees when fully developed, which will make it the largest in Mumbai. The company, which has a huge operation in Vikhroli in the city, said it will eventually consolidate its Mumbai operations at the […]
Bharti Airtel said it had introduced new 4G plans for its postpaid, or contract, customers, bringing some of the benefits that were hitherto available only to the prepaid segment. The new plan has been priced at Rs 499 plan for the postpaid segment. However, compared to prepaid plans, the benefits are lower for postpaid users […]
