Premium plans of Vodafone Idea and Airtel face hurdle from TRAI
The Telecom Regulatory Authority of India (TRAI) has raised objections to mobile plans of Vodafone Idea and Airtel to offer higher speed to its...
Qualcomm invests Rs 730 crore in Jio Platforms
Qualcomm Ventures, the investment arm of the US-based chipset supplier Qualcomm, has decided to invest up to Rs 730 crore for picking up 0.15 percent...
How MegaFon retained the fastest mobile network in Russia: Ookla
Frederic Vanoosthuyze, adviser to MegaFon’s CEO on Strategic Infrastructure Projects, has revealed that company made investment in order to become the fastest mobile network...
Airtel ensures faster 4G speeds to Platinum smartphone customers
Airtel said it will ensure faster 4G speeds to its Platinum smartphone customers through Network Preference.
Airtel did not reveal the specific increase in 4G...
Intel Capital invests Rs 1,894 crore in Jio Platforms
Reliance Industries (RIL) announced that Intel Capital will invest Rs 1,894.50 crore in Jio Platforms for picking up 0.39 percent stake.
Global investors including Facebook, Silver...
BSNL cancels 4G network tender, hurting Huawei and ZTE
India government-owned BSNL has cancelled a tender for rolling our 4G network after the Department of Telecom (DoT) asked the telecom operator to not...
Airtel regains top-two position from Vodafone Idea
Bharti Airtel has regained its top-two position in the Indian telecom services market during February 2020.
Airtel has 329.074 million mobile phone subscribers on its...
Jio tops race adding 62L new users in Feb, Airtel adds 9L
Reliance Jio added over 62 lakh new mobile phone users to its 4G network in February, followed by Bharti Airtel which added 9 lakh.
At...
BSNL opposes Govt. move to block foreign vendors in 4G tender
BSNL is likely to oppose any move by India government to block foreign telecom network vendors from participating in its 4G network tender.
The Capex...
Jio Platforms sells 2.32% stake to PIF
Reliance Industries (RIL) announced that The Public Investment Fund (PIF) will buy 2.32 percent stake in Jio Platforms for Rs 11,367 crore.
This investment values Jio Platforms...
EE to build 4G Air-to-Ground network for emergency services
EE, part of BT Group, has signed an agreement with Nokia to build 4G LTE Air-to-Ground network for the emergency services across Great Britain.
The...
Jio Platforms raised $13.73 bn from global investors
Reliance Industries said Jio Platforms has raised Rs 104,326.95 crore or $13.73 billion from global investors including Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR,...
Jio Platforms raises Rs 5,683 crore from ADIA
Reliance Industries (RIL) announced Abu Dhabi Investment Authority (ADIA) will make an investment of Rs 5,683.50 crore for picking up 1.16 percent equity stake...
Jio raises an additional Rs 4,546 crore from Silver Lake
Reliance Industries (RIL) announced Silver Lake and its co-investors will invest an additional Rs 4,546.80 crore in Jio Platforms.
The investment is in addition to...
Jio offers 1.85% stake to Mubadala for $1.2 bn
Eco Sober House at 74 Capen St. has been newly renovated
Reliance Industries (RIL) announced that Mubadala Investment Company, the Abu Dhabi-based sovereign investor, will invest Rs 9,093.60 crore or $1.2 billion in Jio Platforms for picking up...
Amazon.com in talks to invest $2 bn in Airtel
Amazon.com is in early-stage talks to buy roughly 5 percent stake -- worth at least $2 billion -- in Indian mobile operator Bharti Airtel,...
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