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
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,...
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...
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