Statistics on Gigabit LTE network investment
Operators are focusing on building Gigabit LTE networks in order to deliver maximum peak downlink speeds of 1 Gbps.
Engineers at operators are mainly using...
Jio Platforms offers 2.32% stake to KKR for Rs 11,367 crore
Reliance Industries (RIL) announced that KKR will pick up 2.32 percent stake in Jio Platforms for an investment of Rs 11,367 crore.
This transaction values...
India telecom revenue will face slow growth: Fitch Ratings
Revenue and EBITDA growth at Indian telecom operators during the financial year ending March 2021 will slow due to lower data growth and weaker...
Airtel to reduce Capex in current fiscal despite 4G push
Bharti Airtel on Tuesday said its Capex will be lower in fiscal 2020-21 as compared to last fiscal year.
The company had a Capex investment...
Airtel adds 12.5 mn 4G customers despite slashing Capex
Airtel said it added 12.5 million 4G data customers in March quarter of 2020 to take the total base to 136.3 million in fiscal...
General Atlantic picks up 1.34% stake in Jio for Rs 6,598 crore
Reliance Industries (RIL) announced that General Atlantic, a growth equity firm, will pick up 1.34 percent stake in Jio Platforms for an investment of...
Vodafone Idea lost 3.6 mn customers despite being the fastest 4G network
Vodafone Idea has lost 3.623 million mobile phone subscribers on its 2G, 3G and 4G networks in January 2020 across India, TRAI data indicates.
Vodafone...
MTN lowers Capex to $1.18 billion in 2020
MTN today said it has lowered its capital expenditure (Capex) guidance to R21-22 billion or $1.18 billion as compared with R28.3 billion announced at...
Vodacom Capex grew 2% to R13.2 bn focusing on 4G network
Vodacom said capital expenditure (Capex) reached R13.218 billion (+2 percent), representing 14.6 percent of revenue.
“This is slightly outside of our guidance range as we...
Jio launches new mobile plan offering 33% more data
Reliance Jio has launched a new plan, offering 33 percent more data than existing industry tariffs – targeting work from home (WFH) customers.
The new...
Vista picks up 2.32% stake in Jio Platforms for Rs 11,367 crore
Reliance Industries (RIL) announced that Vista Equity Partners will pick up 2.32 percent stake for Rs 11,367 crore into Jio Platforms.
Facebook earlier announced $5.7 billion...
Silver Lake to invest $747 mn for 1% plus stake in Jio Platforms
Reliance Industries (RIL) announced that global investment firm Silver Lake will invest Rs 5,655.75 crore or $746.7 million into Jio Platforms.
Silver Lake’s investment gives...
Jio added 126 mn subscribers to 4G network in 12 months
Reliance Jio has posted 26.6 percent increase in revenue to Rs 14,835 crore during the March quarter of 2020.
Reliance Jio had a gross addition...
Airtel signs deal with Nokia to deploy RAN solution in 9 circles
Bharti Airtel today announced a multi-year deal with Nokia to deploy Nokia’s SRAN solution across 9 circles in India to enhance the network capacity of...
RIL’s Jio to sell 10% stake to Facebook for Rs 43,574 crore
Reliance Industries (RIL) today revealed that social media network Facebook will pick up 9.99 percent equity stake in Jio Platforms for Rs 43,574 crore...
Vodafone Idea leads in download speed beating Airtel
Vodafone Idea has emerged as the leader across key parameters such as download speed, upload speed and video experience, according to OpenSignal.
Airtel was the...
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