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TRAI releases recommendations to promote broadband connectivity

Mumbai: The Telecom Regulatory Authority of India (TRAI) has released its recommendations on ‘Roadmap to Promote Broadband Connectivity and Enhanced Broadband Speed’. The Department of Telecommunications (DoT) as per the objectives of the National Digital Communications Policy 2018 sought...

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Mobile customer ARPUs to cross Rs 200 by end of the year: Sunil Mittal

Mumbai: The board of Bharti Airtel on Sunday announced that it would raise Rs 21,000 crore through the issuance of equity shares available on a rights basis to eligible shareholders of the company. “This is the need of the hour for the company to accelerate from business as usual and capture a once...

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Jio, Airtel add millions of mobile subscribers in June: TRAI

Mumbai: Reliance Jio and Bharti Airtel (including Tata Teleservices) added 5.4 million and 3.8 million mobile subscribers whereas Vodafone Idea lost 4.2 million subscribers, according to the latest subscription data shared by the Telecom Regulatory Authority of India (TRAI). Reliance Communications...

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Vodafone Idea loses 12.3 million subscribers in Q1 FY22

Mumbai: Vodafone Idea Ltd (VIL) revenue has been declined by 4.7 per cent quarter on quarter (QoQ) to Rs 91.5 billion at the end of the first quarter FY22. EBITDA for the quarter was Rs 37.1 billion, with EBITDA margins at 40.5 per cent vs 45.9 per cent in Q4 FY21. The CapEx spend for the quarter...

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Kumar Mangalam Birla steps down as non-executive chairman of Voda Idea

Kumar Mangalam Birla has stepped down as non-executive director and non-executive chairman of Vodafone Idea, the company said on Wednesday.

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