India's third-biggest mobile phone company Idea Cellular Ltd., on Wednesday said its net profit for the July-September period increased 7% to Rs 809.3 crore from Rs 755.9 crore a year earlier, weighed by lower interconnection
Spectrum trading is expected to reduce the number of telecom operators leading to a higher market share as well as curb aggressive bids in the upcoming auction of mobile airwaves, Fitch and Ind-Ra said.
India's third-largest telecom player Idea Cellular on Wednesday announced a successful transition to contextual marketing from segmented mass marketing campaigns through Mahindra Comviva’ Interactive End-of-Call Notificatio
The Cabinet cleared spectrum trading guidelines on Wednesday under which telecom operators will be able to sell radiowaves to other service providers, a move that will help address the problem of spectrum shortage.
The BSE Sensex and NSE Nifty opened on a positive note on Monday despite weak global trends. At 9.29 am, Sensex was up 174.18 points at 25,376.08. Similarly, Nifty was up 40.45 points at 7,695.50 during the same time.
After increasing data tariffs for pre-paid customers in Delhi, Bharti Airtel and Idea Cellular have now hiked charges for their post-paid users by around 20 per cent in various circles including the national capital.
The share price of telecommunication companies like Bharti Airtel, Idea Cellular and Reliance Communication opened higher after the govenrment on Wednesday allowed telecom operators to share airwaves in the same band.
Idea Cellular, which has increased its capital expenditure target for FY16 to Rs 6,000-6,500 crore, will spend a similar amount during FY17, as it looks to strengthen its mobile data infrastructure, managing director Himanshu
India, which currently has 850 million subscribers, will add 350-400 million new telecom users in the next 5-6 years. Idea Cellular and a few other telecom players are in best position to tap these users.