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Hike Messenger to hold its first ever HikeAthon this weekend

India Infoline News Service | Mumbai | March 28, 2015 12:21 IST

Hike is inviting engineers and mobile developers to think innovatively and find solutions on how to make the So-Lo-Mo revolution a reality, especially in context of messaging.

Moody's: RCOM's Ba3 rating can absorb spectrum payments

India Infoline News Service | Mumbai | March 27, 2015 18:28 IST

RCOM has renewed spectrum in only two (Madhya Pradesh and Himachal Pradesh) of the seven 900MHz circles, acquired spectrum in the 1800MHz band in another two circles (North East & Odisha), although on a cumulative basis, the company has managed to acquire 48MHz against its expiring spectrum of around 48MHz in 2015.

The Week That Was

India Infoline News Service | Mumbai | March 27, 2015 18:23 IST

The Indian equity market extended its losing streak for the third consecutive week even though Friday saw some sanity being restored in the market. The Nifty has now plunged over 8.5% while the Bank Nifty has corrected over 15% in the past three weeks.

BlackBerry net profit at $28mn in February quarter

India Infoline News Service | Mumbai | March 27, 2015 17:11 IST

BlackBerry said that its revenues declined to $660m in the quarter to the end of February from $976m in the year earlier period.

Telecom Newsletter - March 23 to 27, 2015

India Infoline News Service | Mumbai | March 27, 2015 17:09 IST

India's biggest telecom spectrum auction to date, which concluded on 25 March and raised USD17.7bn, will exert pressure on telcos' balance sheets and cash flow, and limit their ability to invest in capex over the medium term, says Fitch Ratings.

Spectrum Auction: Govt urges telecos to pay 25% of bid amount

India Infoline News Service | Mumbai | March 27, 2015 16:13 IST

The funds will be used to meet the governments fiscal deficit. However, tele companies will not comply to this demand easily as they are already reeling under steep bidding prices.

High spectrum auction prices are credit negative for India's telecos: Moody's

India Infoline News Service | Mumbai | March 27, 2015 16:11 IST

The total price the operators paid for the spectrum is around 35% higher than the government's pre-set minimum prices and higher than in any previous Indian spectrum auction, according to DoT results released after the auction.

Bharti Airtel stock closed 6% lower

India Infoline News Service | Mumbai | March 27, 2015 15:54 IST

The company has acquired 111.6 MHz of prime spectrum across 900 MHz, 1800 MHz and 2100 MHz bands for a total consideration of Rs. 29,130 crores in the just concluded spectrum auction conducted by the Government of India.

Fitch: India spectrum auction to Weigh on Telcos' Credit Profile

India Infoline News Service | Mumbai | March 27, 2015 15:04 IST

India's biggest telecom spectrum auction to date, which concluded on 25 March and raised USD17.7bn, will exert pressure on telcos' balance sheets and cash flow, and limit their ability to invest in capex over the medium term, says Fitch Ratings.

Spectrum auctions validates government's stand: Ravi Shankar Prasad

India Infoline News Service | Mumbai | March 27, 2015 12:47 IST

Telecom Ministrys auction of spectrum, in which it pocketed nearly Rs. 1.09 lakh crore has substantiated the stand of the government that there were enough spectrum to be put for auction.

Telecom stocks tumble

India Infoline News Service | Mumbai | March 27, 2015 12:36 IST

Idea plunges over 11 per cent in intra-day deals; Rel Comm at fresh 52-week low.

Tata Communications slips 1% after partnership with Indosat

India Infoline News Service | Mumbai | March 27, 2015 11:49 IST

The company has announced it has tie up with Indosat, to provide a wide range of technology and communication solutions for Indonesian enterprises.

Block deal on Bharti Infratel; up 2%

India Infoline News Service | Mumbai | March 27, 2015 10:13 IST

Around 13.5 lakh shares were traded in a multiple block at Rs. 384.50 on the NSE.

Telecom stocks are in focus

India Infoline News Service | Mumbai | March 27, 2015 09:39 IST

Idea is top gainer on been the largest bidder, and Nifty inclusion.

RCOM acquires 800/850 MHz spectrum in 11 circles

India Infoline News Service | Mumbai | March 27, 2015 09:16 IST

RCOM has appropriate ICR arrangements to ensure uninterrupted quality service to its customers across all circles

SoftBank-Led Group in talks to buy stake in Micromax: Reports

India Infoline News Service | Mumbai | March 27, 2015 08:40 IST

A report said that the investment would value Micromax,at around $5 bn.

Idea Cellular ensures Business continuity in leadership Circles

India Infoline News Service | Mumbai | March 27, 2015 08:17 IST

Ideas successful bid has helped it retain its spectrum in the 900 MHz band ensuring business continuity and customer service for over 106 million subscribers in these nine markets and related benefit for Ideas overall subscriber base of over 155 million.

Bharti Airtel acquires Prime Spectrum

India Infoline News Service | Mumbai | March 27, 2015 08:14 IST

The Companys spectrum acquisition strategy is aimed at enhancing its leadership position in the fast growing data segment in the country.

Reliance Jio announces acquisition of Spectrum in the 800MHz and 1800MHz bands

India Infoline News Service | Mumbai | March 26, 2015 22:13 IST

RJIL plans to provide seamless 4G services using LTE in 800MHz, 1800MHz and 2300MHz bands through an integrated ecosystem.

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