Bharti Airtel reported a 22% decline in its consolidated net profit to $206.6 million in Q3 (October-December) of the FY12 due to 3G roll-out costs and higher interest costs.
The Indian consumers will have to be prepared for higher tariffs if the government goes ahead with the proposal to charge extra 2G spectrum held by telecom companies, says Bharti Airtel's Sunil Mittal.
Bharti Airtel, one of the leading telecommunications company, has renewed its contract with Nokia Siemens Networks (NSN) for another five-years to manage and maintain its networks in eight circles of India.
India and Sri Lanka have signed an agreement for establishing a mechanism of technical and institutional cooperation in the field of telecommunications, with the purpose of development of telecommunications in both the countries.
The total number of telephone subscribers increased by 0.30% from 914.59 million at the end of October 2011 to 917.33 million at the end of November 2011.
The Telecom Ministry will ask for nearly $300 million from Tata Teleservices, Vodafone, Reliance Communications, Airtel and Idea Cellular for underreporting revenues, India's Press Trust of India has reported, quoting unidentified sources.
The Telecom Disputes Settlement and Appellate Tribunal of India has allowed some mobile operators to continue offering 3G services in areas for which they don't have licenses until Jan. 9.
The number of social media users in India will reach 45 million in 2012, up from about 30 million in 2010, according to market research firm Research and Markets.
India's Telecom Commission has accepted the recommendations of industry regulator TRAI to relax mergers and acquisitions rules in the sector. The decision paves the way for spectrum-sharing among telecom operators. This will lead to consolidation in market with over a dozen telecom companies.
India's Telecom Disputes Settlement & Appellate Tribunal has restrained the telecom ministry from taking any "coercive" steps until January 3 next year against the telecom companies for entering into 3G roaming pacts.
India's total GSM mobile subscriber base stood at 632.1 million as telecom operators added 6.7 million new subscribers in the month of November, an increase of 1.1% from the previous month.
The chiefs of leading telecom companies met Indian Prime Minister Manmohan Singh and other key policy makers to discuss contentious issues plaguing the telecom sector.
India's Bharti Airtel, a leading global telecommunications company with operations in 19 countries across Asia and Africa, Monday expanded its managed services agreement with Ericsson for its India operations.
A report by India's telecom regulator states that the combined earned revenue of the country's telecom operators was $9.6 billion at the end of Q2 (September 2011).
Bharti Airtel has joined hands with Healthfore (a division of Religare Technologies Ltd) and Fortis Hospitals as knowledge partner to launch MediPhone, a mobile health initiative launched in northern India.MediPhone allows subscribers to avail quality health advice through mobile their Airtel mobile phones 24x7.
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Top executives of three leading telecom companies in India have now written to the Indian Prime Minister over the issue of the controversial 3G roaming deals.
India's GSM operators added 7.12 million new subscribers in the month of October, an increase of 1.15% from the previous month, bringing the country's GSM subscriber base to 625.41 million.
India's federal investigation agency has registered a case against the country's two top telecom companies and a former Telecom Secretary for alleged irregularities in the allocation of spectrum during 2001-2003 when the late Pramoj Mahajan was telecom minister.
India's nationally owned and six smallest private telecom companies will continue to suffer operating losses in 2012, according to a report released Thursday by global ratings agency Fitch Ratings.
TRAI Chairman J.S. Sarma recently urged the telecom industry to increase the manufacturing of mobile equipment in India; a trial on India's 2G spectrum scandal case will begin today in a lower court.
As a whole, India's telecom sector collected $9.45 billion in gross revenue and $6.58 billion in adjusted gross revenue during this year's second quarter, representing increases of 13.3% and 6.9%, respectively, over the same period last year, the Telecom Regulatory Authority of India reported Wednesday.
India's Department of Telecommunications has asked Airtel, Vodafone, Aircel, BSNL, Idea, RCL and RTL to explain why action should not be taken against them for failing to submit auditors reports for 2009-10.
