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Airtel bets on IPOs, digital expansion for next growth phaseBharti Airtel is gearing up for its next growth phase, fueled by strong financials, exploring IPOs for Airtel Payments Bank and Nxtra, and ...
New tower companies bank on Vodafone Idea, BSNL expansionNew companies are entering India's telecom tower market, challenging giants like Indus Towers and Data Infrastructure Trust. These startups...
SAR Televenture signs pact to deploy 4G sites for Vodafone IdeaThe deal is part of Vi's larger network expansion plan, "for which they have started locking-in vendors", SAR MD Rahul Sahdev told ET. "We ...
Vodafone Idea board to meet on Feb 27 to mull fundraising via equityThe funds will be used to pay vendors, expand coverage, invest in 5G rollout, and compete with Reliance Jio and Bharti Airtel. The company ...
Vi plans to launch 5G in six months, post-fundingVi plans to launch 5G services in 6-7 months and expects more clarity on 5G monetisation by then. The telco will switch off its 3G network ...
ATC India buyout to lend more ammo to Canada's Brookfield to fight Indus TowersThe recent $2.5-billion buyout of American Tower Corp’s India unit by Canada’s Brookfield will give them more firepower to compete with Ind...
Services to users won’t suffer, says Vi after Tata Comm terminates dealThe move to terminate services by TCTS was taken after Vi failed to clear dues of Rs 221.19 crore on time. The beleaguered telco, however, ...
Brookfield seals $2.5-billion all cash deal to acquire ATC IndiaThe acquisition after months of negotiations marks the Boston-based independent tower company’s exit from India. ATC had informed the US Se...
Vodafone Idea close to selling fibre assets, eyes up to Rs 12,000 croreVi had tried to sell its fibre assets and data centre business in 2019, but the deal could not be concluded due to differences over valuati...
Telco industry ARPU to rise 15-25% in next 12-18 months as operators likely to price 5G higher than 4G: Fitch“We expect ARPUs to continue to increase in the medium term as telcos will likely price 5G services higher than 4G…ARPUs will also grow as ...
Big-ticket tech deals to help boost telcos’ digital revenuesSuch deals, they said, will boost telco revenue flows from emerging digital business opportunities around cloud computing, CPaas (communica...
Vodafone Idea in talks to raise up to $1 billion in equityThe struggling telco is looking to leverage the recent government relief package that has eased its immediate cash flow burden and made it ...
View: It is time for BSNL to go down the privatisation path, just like Air IndiaLast month, GoI stepped in at a critical juncture to provide a much-needed lifeline to the struggling telecom sector, particularly Vodafone...
Cash-strapped Vodafone Idea looks to monetise assets to raise $1 billionThe telco needs to pay Rs 22,500 cr between December 2021 and April 2022 toward a mix of regular debt, adjusted gross revenue and spectrum ...
Airtel has emerged stronger from several 'near-death experiences' including Jio entry: Sunil Mittal"We have gone through, I would say several near-death experiences. We have now arrived today, after three or four big crises into a very he...
Voda Idea to use funds from capital raise to boost 4G coverage to stem user lossesThe telco reported a narrower net loss for the quarter, while its key parameters such as average revenue per user, minutes of use and subsc...
Beyond fundraising, tariff hike-led ARPU improvement must for VIL: ReportTariff hike is imminent to fund Voda Idea's financial obligations and capex (capital expenditure) plans, Axis Capital has said in its lates...