Having bought Vodafone India and Idea Cellular’s 20,000 cell phone towers in India in November for $1.2 billion, Boston-based American Tower Corporation will evaluate more tower asset acquisitions to grow operations in India. James D. Taiclet, chairman and chief executive of the company, said that his company's near-term focus would...
Margins, Market Shares Rise at Indian Telcos
A research report by UBS Securities shows that there is a strong correlation between margins and revenue market share of telecom operators in India and indeed, in all of Asia. In India, the UBS research focused on the top three telecom operators in India in terms of revenue: Bharti Airtel,...
Vodafone-Idea Merger Creates Telecom Giant in India
British telecom company Vodafone Plc announced the merger of its Indian wireless telephony businesses, with the Aditya Birla Group's Idea Cellular creating the largest telecom operator in the country, with a base of 400 million subscribers and 1,850 MHz of spectrum ownership. "India was earlier the jewel in our crown....
Amazon Expands Prime Video in India
Having launched its Prime Video at a lower price than Netflix, Amazon India is now consolidating partnerships to expand its user base in the country. It recently partnered with Vodafone, which, after its merger with Idea Cellular in a $23 million deal, is the biggest telecom company in the country...
Vodafone Confirms Merger Talks with India's Idea Cellular
U.K.'s Vodafone confirmed it was in talks to merge its Indian subsidiary with its local rival in an all-share deal. A possible merger between the country’s No. 2 provider Vodafone India and its third largest, Idea Cellular Ltd., will create a subscriber base of 395 million subscribers propelling Vodafone to first...
PwC Spells Out Telecom Trends in 2017 for India
Arpita Pal Agarwal and her team at PricewaterhouseCoopers, India forecast 5 trends in India's telecom industry for 2017: Data Markets - With the entry of Reliance Jio a price war has begun in the telecom industry. The subsequent increase in data traffic will not compensate for the reduced data revenues,...