Hyper-competition in the telecom sector has triggered concerns among the employees of small telecom companies about potential mass lay-offs.
The top four telecom operators including Bharti Airtel, Vodafone and Idea Cellular are mostly done with building their spectrum footprint and the focus will now shift to monetising the massive data sp
India’s spectrum auction — billed as the largest ever in the country — ended up as a damp squib on Thursday, with the government finding buyers only for 60 per cent of airwaves on the offer.
The first day of the mega spectrum auction saw approximately Rs 53,530 crore of worth bidding. In all, five rounds of bidding were completed on Saturday.
Suspected tax dodgers declared Rs 65,250 crore in hidden wealth in India as the Centre’s four-month compliance window ended on Friday, yielding Rs 29,362 crore to the government in taxes.
Telecom regulator Trai has called a meeting of Airtel, Vodafone and Idea and Mukesh Ambani-led Reliance Jio on Friday to resolve the bitter controversy which has risen between Jio and the others over
Leading telecom players are offering discounts to consumers who are trying to port their mobile number to Reliance Jio in order to retain their high value customers.
For RJio which is making a high profile launch, a major chink in its armour is inter-connection.
The Goods and Service Tax (GST) could boost consumption by lowering taxes, which are currently as high as 27 per cent.
Sitaram Yechury, general secretary, Communist Party of India (Marxist) says that the GST Amendment Bill is only the first step in the implementation of GST.