Friday, April 26

Tag: vodaphone

Jio’s Plan to Charge an Undue Haste, says Voda Idea
INDIA

Jio’s Plan to Charge an Undue Haste, says Voda Idea

Telecom operator Vodafone Idea termed Reliance Jio's plan to start charging 6 paise per minute for outgoing calls to rival network as "an act of undue haste" and an attempt to distract attention from the need for urgent action to address financial stress in the sector. Without naming Jio directly in the statement, Vodafone Idea said that a new announcement from the Mukesh Ambani led firm comes closely to the action taken recently to potentially hurt revenues of other operators with its recent unilateral action of reducing ringing time. "The announcement by one of the telecom service providers today to charge for calls made to other service providers to cover the termination charge of IUC is not only an action of undue haste but it also does not bring out the fact that interconnect i...
India Gets $8 Billion Worth Telecoms Spectrum Bids on Auction’s First Day
INDIA

India Gets $8 Billion Worth Telecoms Spectrum Bids on Auction’s First Day

India started its biggest ever telecoms airwaves auction on Saturday, receiving 535.31 billion rupees ($8.04 billion) worth of bids on the first day of the sale, a senior government official said. Market leaders Bharti Airtel Ltd, Vodafone's local unit and Idea Cellular Ltd are pitted against new entrant Reliance Jio Infocomm Ltd in the battle for airwaves to boost their high-speed data services in what is the world's second-biggest market by mobile phone subscriptions. The total value of the airwaves put on the block is estimated to be worth $84 billion based on the auction reserve price set by the government, although industry executives and analysts expect only part of it to be sold. Data released by the government's Department of Telecom (DoT) at the end of five rounds of bidd...