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AIRCEL AND TATA TELESERVICES.
Omkara, Oaktree pay Rs 1,200 crore to buy GTL debt from EdelweissOmkara Asset Reconstruction Company and Oaktree Capital Management have acquired GTL Infrastructure's debt. The deal, valued at ₹1,200 cror...- Aircel plans to halt services in six loss-making circlesAircel will shortly inform the regulator and its subscribers of its decision to withdraw from these areas while continuing to provide servi...
- Birth of telecom giants: New pecking order can make battlefield more daunting for Reliance JioIf RCom-Aircel, Tata Tele and MTS merge, they could create a strong No. 3 telco behind the proposed Vodafone-Idea combine and Bharti Airtel.
- Reliance Jio effect: Grim future for small telcos like Aircel, Telenor IndiaAnalysts portend a grim future for smaller operators such as Aircel, Tata Teleservices as Reliance unveils what may well be the world’s che...
- Tatas’ telecom business seems to be going nowhereBy mid-2013, the company was looking to reduce as many as 8,000 towers and substitute them by sharing towers with Aircel and Reliance Commu...
- No significant improvement in call drop issue: TraiTrai today said there is no significant improvement in the call drop issue in Mumbai and Delhi as operators are lagging on various fronts i...
- Tata Teleservices, Aircel can’t bid for new airwaves; can top up existing holdings: Telecom departmentThe department of telecommunications said late Tuesday that Aircel cannot bid for airwave bands that it doesn’t already have in a particula...
- Ambanis, Bharti, Vodafone and 5 others to slug it out for spectrumTelecom firms of Ambani brothers Mukesh and Anil as well as Bharti Airtel, Vodafone and Idea are among the eight companies vying to buy spe...
- One-time spectrum fee: Department of Telecom may seek transfer of pleas to Supreme CourtDoT may seek legal opinion regarding filing a plea seeking transfer of writ petitions filed by mobile operators.
- Leading telcos like Airtel, Vodafone, Idea given notice for under reporting revenue: GovernmentThe minister said the companies have given representation which is being examined by the DoT before taking a final decision.
- Sistema is open to M&A in India: SSTL CEO Dmitry ShukovSistema JSFC currently holds 56.68% in SSTL, while Russian government and other foreign entities hold 17.14% and 0.13% share respectively.
- Tata Group to inject Rs 4,000 crore into Tata Teleservices after bank snubIn the financial year ended March 2013, Tata Teleservices’ net worth was completely wiped out and equity value fell to a negative Rs 1,863 ...
- Tata Teleservices, Sistema and Aircel in initial merger talksThe cos are in exploratory talks for a merger to create India's third-largest telecom company by subscribers, said people familiar with dev...
- Tata Teleservices rallies nearly 18% on three-way merger talksTata Teleservices rallied as much as 17.78%, after TTML, Sistema JSFC and Aircel are in exploratory talks for a three-way merger.
- Aircel lenders mull equity infusion from Maxis, merger with Tata TeleservicesThey are exploring a range of options, including a possible merger with Tata Teleservices as well as infusion of addition equity from Maxis...
- DoT wing says 3G roaming agreements between Bharti, Voda & Idea are ‘illegal’the three GSM biggies may have to shell out fines to the tune of Rs 50 crore for every circle where they have entered into 3G roaming agree...
- 3G roaming deals between Airtel, Vodafone, Idea under DoT scannerThe telecom department has asked its legal wing to examine the 3G roaming agreements between Bharti Airtel, Vodafone and Idea Cellular.
- Airtel, Vodafone & Idea join hands to offer 3G servicesThe three GSM biggies- Airtel, Vodafone and Idea- are in the last lap of finalising their strategic 3G alliance, an industry exec said.
- Tatas, Aircel only takers for MTNL 3G airwavesTata Teleservices and Aircel are poised to bag third-generation spectrum in the lucrative Delhi and Mumbai metros as they are the only bidd...
- Tata-Quippo eyes PE funds for Aircel armTata-Quippo is in advanced stages of negotiations with New York-based private equity fund Apollo Management to finance acquisition of cellu...
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