Telecom Industry

Spectrum Auction 2024 News: Reliance Jio Acquired 1800 MHz Spectrum

Reliance Jio, India’s largest telecom operator, emerged as the least spender in the 2024 spectrum auction. The company acquired spectrum in the 1800 MHz band in two circles: Bihar and West Bengal, a band primarily used by the telco for 4G services. Following this acquisition, Jio’s total spectrum footprint has expanded to 26,801 MHz (uplink […]

Telecom Industry

Spectrum Auction 2024 News: Vodafone Idea Acquires 50 MHz Spectrum

Vodafone Idea (Vi) has announced the acquisition of 50 MHz of spectrum across low-band (900 MHz) and mid-band (1800 MHz and 2500 MHz) frequencies in 11 circles, amounting to Rs 3,510 crore in the latest spectrum auction. The government auctioned a total of 10,522.35 MHz across eight bands, valued at Rs 96,238.45 crore at reserve […]

Telecom Industry

BSNL Hit by Data Breach

Bharat Sanchar Nigam Limited (BSNL), the state-owned telecommunications provider, has experienced a significant data breach. According to a Threat Intelligence Report by Athenian Tech, the cyberattack was orchestrated by a threat actor known as “kiberphantom.” The hacker compromised a substantial amount of sensitive data, putting millions of users at risk. The breach involves critical data, […]

Telecom Industry

BSNL Land Monetization: BSNL Kerala Circle to Auction Surplus Land Parcels

The Kerala Circle of Bharat Sanchar Nigam Limited (BSNL) has identified 24 ‘surplus land parcels,’ with two vacant parcels set to be sold in the first phase through e-tender and e-auction. These parcels are located at the Choondy Telephone Exchange in Aluva and Kottarakkara, as announced by V. Surendran, Principal General Manager of the BSNL […]

Telecom Industry

Spectrum Auction 2024 Worth Rs 96k Crores to be Held Tomorrow

The telecom spectrum auction for eight bands is scheduled for June 25. According to Antique Stock Broking, the bidding is unlikely to be vigorous. The brokerage predicts that Bharti Airtel may bid for some of its expiring spectrum valued at Rs 3,820 crore, while Jio will be selective, basing its bids on data traffic flow […]

Telecom Industry

Jio Surpasses Airtel in 4G/5G User Additions for April | Telecom Subscription Data as on 30 Apr 2024

Reliance Jio continued to outpace rivals Bharti Airtel and Vodafone Idea in active wireless subscribers and high-paying 4G/5G users, according to telecom regulator data for April. Reliance Jio added 3.06 million active subscribers, while Bharti Airtel and Vodafone Idea lost 2.09 million and 0.63 million active subscribers, respectively, as per the data released by the […]

Bharti Airtel Acquires More 1% Stack in Indus Towers

Telecom Industry

Bharti Airtel Acquires More 1% Stake in Indus Towers

Bharti Airtel, India’s second-largest telecom operator, has increased its stake in Indus Towers by acquiring an additional 1%. This acquisition occurred as Vodafone UK offloaded an 18% stake in the telecom infrastructure company. Prior to this, Airtel held a 47.95% stake in Indus Towers, which has now risen to 48.95%, making it the largest stakeholder. […]

Telecom Industry

Vodafone Idea Dues to Indus Towers: Vodafone to Sell 10% Stake to Repay Debt

Vodafone Group plans to sell about 10% of its stake in Indus Towers for up to $1.1 billion as part of the British firm’s efforts to repay its debt. Vodafone will sell roughly 268 million shares in Indus Towers through stock market block deals in Mumbai, priced between 310 rupees ($5.02) and 341 rupees per […]

Telecom Industry

Bharti Airtel Prepays Rs 7,904 Crore in Spectrum Liabilities to DoT

Bharti Airtel announced that it has fully prepaid its deferred spectrum liabilities of Rs 7,904 crore to the Department of Telecommunications (DoT). This payment means Airtel, the second-largest telecom operator in India, has now fully prepaid all deferred liabilities related to spectrum acquired in the 2012 and 2015 auctions, which carried the highest interest rates […]