Airtel, Idea, Vodafone partly pay their upfront amount

Last Updated: Tuesday, March 31, 2015, 17:21

Successful spectrum bidders, including Bharti Airtel, Idea Cellular and Vodafone, have made over Rs 7,000 crore towards upfront payments -- a move that will help the government narrow its fiscal deficit target for the fiscal ending on Tuesday.

Telcos may hike mobile rates to recover spectrum cost: Moody's

Last Updated: Monday, March 30, 2015, 16:19

Indian telecom operators are expected to gradually increase rates to recover Rs 1.1 lakh crore they bid for spectrum in the auction that concluded last week, Moody's said on Monday.

Airtel, RCom gain capability for 4G service across country

Last Updated: Friday, March 27, 2015, 22:44

Bharti Airtel and Reliance Communications (RCom) have gained capability to provide 4G services across the country as they bagged requisite spectrum in the concluded spectrum auction.

Telcos' finances will be under pressure: Fitch

Last Updated: Friday, March 27, 2015, 21:27

The spectrum auction which concluded on March 25 attracted bids worth Rs 1,09,874.91 crore.

High spectrum prices to put pressure on telcos: GSMA

Last Updated: Friday, March 27, 2015, 17:00

The biggest telecom spectrum auction ended on Wednesday after 19 days of fierce bidding and fetched about Rs 1.10 lakh crore to the government.

Now capable of providing 4G pan-India: RCom

Last Updated: Friday, March 27, 2015, 10:47

Telecom operator Reliance Communications (RCom) on Friday said it has gained capability to provide 4G services across the country on the back of spectrum won by it in the recently concluded spectrum auction.

India's top three mobile phone operators spend $13.6 billion in airwaves auction

Last Updated: Friday, March 27, 2015, 08:54

India`s top three mobile phone network operators have spent a combined $13.6 billion in a government auction of airwaves to secure almost 80 percent of the spectrum on offer, reinforcing their positions in the world`s second-biggest mobile market.

Idea, Bharti Airtel edge higher after spectrum auction

Last Updated: Thursday, March 26, 2015, 19:16

Shares of telecom companies Idea Cellular and Bharti Airtel on Thursday edged higher in an otherwise subdued market after the completion of spectrum auction.

Spectrum bids won't result in high call rates: Prasad

Last Updated: Thursday, March 26, 2015, 18:01

Ideal Cellular, which provides mobile services using GSM technology, bid a maximum of Rs 30,306.98 crore to buy spectrum in the 900 megahertz, 1800 MHz and 2,100 MHz bands.

Spectrum auction proceeds to help plug fiscal deficit: Moody's

Last Updated: Thursday, March 26, 2015, 17:24

The fiscal deficit target for 2014-2015 is pegged at 4.1 percent of GDP and for the next fiscal at 3.9 percent.

SC lifts stay, allows DoT to finalise spectrum auction results

Last Updated: Thursday, March 26, 2015, 17:03

The Supreme Court on Thursday lifted its embargo and allowed the government to finalise the result of the just-concluded biggest and "fiercest" auction for telecom spectrum, fetching a whopping revenue of Rs 1.09 lakh crore.

Idea Cellular pays $4.8 bn for mobile airwaves, most in auction

Last Updated: Thursday, March 26, 2015, 16:38

Idea Cellular Ltd, India`s third-biggest mobile operator by market share, spent 303.06 billion rupees ($4.84 billion) to buy mobile airwaves in the country`s spectrum auctions, telecoms minister Ravi Shankar Prasad said on Thursday.