Matrix is expected to file the Draft Red Herring Prospectus with the Securities and Exchange Board of India (Sebi) in the next 10 days.

The Department of Telecom is planning to file a special leave petition before the Supreme Court in a SIM renting case in which Vodafone, Ai...

Telecom operator Vodafone has contested allegation levelled on it by international SIM card provider Matrix Cellular.

The DoT's monitoring cell in July 2007 found that 10,145 bulk post paid connections were working in name of Matrix.

The violations, if proved, could entail cancellation of licences and a maximum fine of Rs 50 cr, as per an internal telecom department docu...

The promoters of Matrix Cellular and CX Partners have initiated talks to sell a majority stake in the company, three executives confirmed.

Over the last few weeks, the company has reduced international roaming rates up to 80% for select markets.

International telecom services provider Matrix Cellular today said it has slashed call rates from the UK to India to Re 1 per minute, in a ...

International SIM and data card seller Matrix Cellular expects to sell around 9 lakh connections in the 2012-13 financial year.

The Telecom Disputes Settlement and Appellate Tribunal asked Vodafone to deposit Rs 25 crore within two weeks.

The Delhi High Court has issued notices to senior executives at Vodafone, after Matrix Cellular had filed a contempt petition.

Vodafone approached the TDSAT challenging the Rs 50-crore penalty imposed by the Telecom Department (DoT) for allegedly flouting licence co...

The Department of Telecom says Matrix procured SIMs in bulk from Vodafone Essar and rented them out in violation of Indian Telegraph Act.

What Jalna-based Krishidhan couldn’t achieve in its 25 years of existence was done by the mere use of cricket’s most powerful name—Sachin T...

Tata Teleservices (TTSL) is in talks to pick up a majority stake in Matrix Cellular Services, after negotiations between the privately-held...

The acquisition of Matrix could enable the Mumbai-based TMS to use its 1,300-store network to enter an altogether new business segment.

Private mobile operators Bharti Airtel, Vodafone Essar and Idea Cellular have been found to be involved in renting out their domestic SIM c...