The share purchase will be done through the promoter arm Bharti Telecom and is expected to close within 90 days. The Mittal family’s current effective holding in Bharti Airtel is

Industry analysts, too, are projecting growth. Cyber Media Research said that one in every three smartphones shipped in the June quarter was a 5G-capable device. 5G smartphone shipments grew 7

Vodafone Idea today reported its net loss marginally narrowed to ₹7,297 crore for the quarter ended June 30, 2022. It reported net loss of ₹7,319 crore in the preceding quarter.

Seven new rounds of bidding held on the sixth day of auction on Sunday ‘dialled in’ an incremental Rs 163 crore, propelling the cumulative spectrum sale beyond the Rs 1.5

India’s overall mobile handset market grew 6 percent (on year) but fell 9 percent on a quarterly basis. As India prepares for the 5G era, the installed base of smartphones

Reliance Jio Infocomm Ltd., owned by Mukesh Ambani, paid the highest pre-auction deposit, indicating that it will likely be the most competitive bidder in the sale that begins today. Some

Results fell short of expectations due to lower than anticipated oil-to-chemical (O2C) profitability, according to analysts. In intraday trading on Monday, shares of Reliance Industries fell 4% to Rs 2,404

“Adani is out of the competition. They cannot be expected to buy 5G spectrum in the 3.5 GHz band at all, which means no consumer business,” a top industry executive

Ambani increased the scale of consumer sectors like telecom and retail to reduce the group’s reliance on petrochemicals and refining. In the areas of transportation, coal, and electricity, Adani targeted

Brokerage Sanford C. Bernstein estimates the telecom market leader’s ARPU – a key performance metric – to jump by as much as 33% and 64% to Rs 223 and Rs

Akash was integrally involved in the global investments by tech majors and investors in 2020, which in many ways catapulted Jio onto the global investor map. In a significant succession

The IIFL Securities Research Firm suggests that in the upcoming 5G auction, big telecom giants like Reliance Jio, Bharti Airtel and Vodafone Idea will buy spectrum at a price of