California-based Keysight Technologies is optimistic about India’s transformative digital profile, and is working closely with the government-led initiatives for the fifth generation (5G) technology roadmap...
DoT gives nod to Airtel-Telenor merger
The Department of Telecom today approved merger of Telenor India with Bharti AirtelNSE -0.08 % — a move that will make the subscriber base of Sunil Mittal-led firm almost twice the size of new entrant Reliance Jio...
Post QIP, Aditya Birla Group needs to buy 4.9% from Vodafone in merged entity
There will be no change in Idea Cellular’s merger terms with UK’s Vodafone as the Aditya Birla Group (ABG) stake has shrunk back to 42.56% from 47.2% after the Kumar Birla-led telco raised Rs 3,500 crore through...
Nod to Bharti Airtel’s buyout of Telenor India shortly, says Telecom Secretary
Telecom secretary Aruna Sundararajan expects the Department of Telecommunications (DoT) to approve Bharti Airtel’s acquisition of Telenor India within a month, and the Vodafone India-Idea Cellular merger by June end...
Reliance Infratel tells NCLAT need to sell towers, fibre in public interest
Reliance Infratel on Thursday stressed on its desperate need to sell its towers and fibre to Reliance Jio to pare debt, saying it was in public interest. The company’s views, which were backed by lenders headed by State...
Supreme Court paves way for Bharti Airtel to buy Telenor India
The Supreme Court has quashed the telecom department’s bid to make Bharti Airtelfurnish a bank guarantee of Rs 1,499 crore as a pre-condition to approving the mobile phone operator’s buyout of Telenor India, paving the...
NCLT to rule Friday on admitting Ericsson insolvency plea against RCom
The National Company Law Tribunal (NCLT) will on Friday rule on whether to admit an insolvency plea filed by the Indian unit of Ericsson against Reliance Communications (Rcom) and its two subsidiaries for recovery of...
GTL Infra says lenders exploring sale of debt to ARCs
Tower company GTL Infrastructure, hit by a loss of Rs 1845.89 crore for the March-ended quarter, said its lenders are looking to reduce their exposure to the company by selling the debt to asset reconstruction companies...
Nokia waiting for nod to sell defunct manufacturing plant
Finnish telecom equipment maker Nokia Corp. may have resolved its long-standing tax dispute with the Indian government, but it still faces a long haul before it can sell its now-defunct phone manufacturing plant in the...
Bharti Airtel may sell 25% in Africa unit to raise up to $1.5 billion
Bharti AirtelNSE -1.89 % plans to raise as much as $1.5 billion by diluting about a fourth of its stake when it lists the holding company for Africa operations, Bharti Airtel International (Netherlands) BV (BAIN BV), in...
SoftBank’s Son ‘not involved’ in Sprint, T-Mobile merger approvals
SoftBank Group Corp’s (9984.T) Chief Executive Masayoshi Son is not involved in trying to get the proposed merger of U.S. wireless carriers Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O) approved, Sprint’s outgoing...
Airtel’s acquisition of Telenor India: DoT moves Supreme Court against TDSAT order
The Department of Telecommunications has moved the Supreme Court challenging a telecom tribunal order that directed the government to clear Bharti Airtel’s acquisition of Telenor India without insisting on a bank...
