Indian government strives to save its dwindling telco industry
Government officials have reportedly been having meetings to figure out how the prospects for Vodafone Idea can be improved and three-way competition can be preserved.
Government officials have reportedly been having meetings to figure out how the prospects for Vodafone Idea can be improved and three-way competition can be preserved.
The Indian Supreme Court has rejected a plea from Vodafone Idea and Bharti Airtel to defer disputed spectrum licence fee payments, making the collapse of Vodafone Idea a realistic outcome.
Vodafone Group CEO Nick Read has reiterated his vow that no fresh funds would be injected into the Indian joint venture with Idea Cellular, painting a dreary picture for competition in the market.
Indian officials have reportedly been told not to take ‘coercive action’ if Vodafone Idea and Bharti Airtel don’t pay their massive bills by today’s deadline.
The billions owed by Vodafone Idea and Bharti Airtel for historic license fees must be paid after the Indian Supreme Court rejected their appeal.
Reports have emerged suggesting China Mobile is attempting to create a joint-venture in the Indian market to capitalise on the growing cloud segment.
The digital economy in India is accelerating at an almost unprecedented speed, but this is a market which is far from being in a healthy position.
India’s decision to allow Huawei to participate in 5G trials is certainly a win for the vendor, but it does add further strain to an already tenuous relationship with the US.
The Indian Government has said it will not exclude Huawei from its 5G trials, as the country sets a 2021 deadline to launch commercial service.
The Telecom Regulatory Authority of India (TRAI) has unveiled a public consultation to decide whether it needs to set minimum prices for data tariffs in the country.
Telecoms disruptor Reliance Jio has been forced to sell its tower assets to Brookfield Infrastructure Partners for approximately $3.55 billion.
Beleaguered Indian operator group Vodafone Idea has apparently been reduced to a fire sale of its fibre and datacentre assets to raise funds in a hurry.
Vodafone Idea has stated it will shut-down its business unless relief is offered by the Indian Government for the $13 billion demands which have been directed at the firm.
The Indian Government has said it will not drop prices for spectrum licences in the next auction, despite persistent complaints from industry.
With two of its three major telcos on the verge of bankruptcy, the Indian government has deferred a tiny proportion of what they owe it for a year or two.
Reliance Jio is the latest Indian telco to announce an increase in mobile prices, but considering the precarious position the market is in, it is probably much needed.
In response to a question about WhatsApp hacking in parliament, the Indian home affairs Minister revealed the apparently limitless snooping power at his disposal.
Beleaguered Indian operators Vodafone Idea and Bharti Airtel have indicated they will need to start charging their customers more.
Anil Ambani and four other board members have resigned, ten months after Reliance Communications filed for bankruptcy.
The Indian government is showing no sign of backing down on its demands for massive payments from Bharti and Vodafone.
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