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AIRTEL TIKONA MERGER
Committee to look at levies, telecom pain points: Ravi Shankar PrasadTelecom department has set up a panel to rationalise levies to address the issue of financial distress.- Bharti Airtel’s rights issue of over 1.13 billion shares oversubscribedBharti Airtel shares fell 2 per cent to Rs 338.70 at the close on the BSE on Wednesday.
- Airtel, Vodafone & Idea’s FY16 to FY19 operating profits may halve: Crisil“The intense price war in telecom, which started in September 2016 with Jio’s entry, is showing no signs of abating, but has become more br...
- National Company Law Tribunal clears Airtel's Tikona buyThe NCLT in its Tuesday order stated that under the scheme of amalgamation, all the property, rights and powers of Bharti Digital Networks ...
- Government hopes to bring new telecom policy in next Parliament sessionTelecom companies will have an "option" to either go for the new payment schedule for spectrum or continue under the existing arrangement.
- India will be a fantastic market in next 5 years: EricssonIndia is expected to see only five mobile service providers operators in second half of this year-- Bharti Airtel, Idea-Vodafone merged ent...
- Government awaits Idea-Voda tower sale closure for green signal to mega merger: SourcesATC will pay a total of Rs 7,850 crore for purchasing Idea (Rs 4,000 crore ) and Vodafone's (Rs 3,850 crore) mobile towers.
- Consolidations done, telecom looks to dial up growth in 2018With demand for data fuelling the digital economy, 2018 could be the growth year for the sector where investment of Rs 3 lakh crore is line...
- Bharti Airtel completes acquisition of Tikona Digital“We have initiated the process of merging Tikona Digital with Bharti Airtel, as per the applicable law,” Bharti Airtel’s chief regulatory o...
- DoT may not look into Jio’s complaint against Airtel's Tikona Digital dealAirtel had said that it is acquiring Tikona Digital’s 4G business, along with its 4G spectrum, in Gujarat, UP, Himachal Pradesh and Rajasth...
- Reliance Jio alleges Tikona-Airtel deal will make government lose Rs 217 croreMukesh Ambani has alleged that Airtel's proposed acquisition of Tikona will cause a massive loss to the exchequer if the spectrum provided ...
- No special treatment for Vodafone, Idea: Manoj Sinha"They have to comply with the rules...there will be no special treatment," Telecom Minister Manoj Sinha told reporters.
- Strike it when it’s hot: GST-linked sectors, banks, IT can be good bets for M&AsOil & gas, banking, mid-sized IT and GST-linked sectors such as leather and ceramics could witness a spare of M&A deals, analysts said in a...
- Telcos on 4G spectrum acquisition overdrive as data consumption soarsBharti Airtel’s decision to buy Tikona Digital’s 4G business, they said, reaffirms the faith among the established carriers in 4G capacity ...
- Tikona gets $171 million from US govt agencyThe funding, which is a commercial loan, puts to rest talks of acquisition of the company and provides it the liquidity necessary for reviv...
- Airtel may buy Aircel 4G airwaves for Rs 3,800 crore; deal to close gap with Reliance JioThe deal to buy Aircel’s 4G spectrum in the 2300 MHz frequency band in eight circles is expected to be finalised by March-end, said two per...
- India likely to have 10-15 million 4G subscribers by December 2015: PwCBharti Airtel and Aircel have started 4G services in select areas. BSNL, Tikona and Augere too need to launch their services in 2015.
- EGoM to decide on spectrum fees, telecom M&A rules tomorrowThe matter is crucial for the spectrum auction scheduled to start on Feb 3, from which the govt expects to raise Rs 11,300 crore.
- EGoM to decide on spectrum fees, telecom M&A rules tomorrowThe charge is levied annually by the government as a per centage of revenue earned from telecom services.
- Telecom sector: What to Expect in 2012Telecom sector, which weathered fierce competition and a graft scandal in the last two years, is hoping the New Year will bring relief and ...
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