Idea News
Vodafone Idea, in which the government now also holds over 33% equity stake, has been fighting a desperate battle for survival.
Covering all major points across the city, Vodafone Idea has added new sites and upgraded and reframed L2100 spectrum capacity in Ayodhya.
Telecom companies increased prices in India. Vodafone-Idea has increased the prices of prepaid plans by up to 25 percent. Reliance Jio's prepaid plans also became 21 percent expensive.
Jio's Rs. 799 plan offers 150 GB data with unlimited calling, 100 SMS per day.
Airtel's Rs. 749 plan offers 125 GB data with unlimited voice calling and 100 SMS per day.
The Vi 699 plan offers 150 GB of data with unlimited calling and 100 SMS per day.
Reliance Jio was the fastest 4G operator in 2018 with highest average download speed in all 12 months, the telecom regulator data showed.
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The loss has narrowed from Rs 5,004.6 crore during the third quarter of 2018-19, aided by 3.4 percent drop in total expenses.
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The combination will have all India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles.
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Reliance Jio remained the closest contender in overall speed due to its high level of 4G access.
The decision of the Cabinet headed by Prime Minister Narendra Modi came after a majority of telecom companies flagged their concerns over severe financial stress facing the sector due to intense competition unleashed by Reliance Jio's rock-bottom tariffs.
ATC will pay a total of Rs 7,850 crore for purchasing Idea (Rs 4,000 crore ) and Vodafone's (Rs 3,850 crore) mobile towers.
Payments bank are being promoted by the Reserve Bank to further financial inclusion.
Idea said it will restore interconnect services immediately after Aircel makes the payment, but did not specify the outstanding amount.
The move comes at a time when telecom sector has entered into a fresh round of tariff war and offers.
Aitel, Vodafone and Idea are allowing re-verification of mobile number using OTP based authentication for users.
The OTP based Aadhaar-based SIM reverification of existing subscribers will be rolled out from December 1.
The amount is to be deposited in the Telecom Consumers Education and Protection Fund (TCEPF) as Idea would not be able to make the refund to subscribers in view of non- availability of the rated call data records.
An inter-ministerial group, which has been constituted to look into the financial issues of the telecom sector and suggest remedial measures, is expected to submit its report later this month.
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