Vodafone Idea Limited, the merged entity of Vodafone India and Idea Cellular, announced the successful consolidation of nearly 25% of its pan-India radio network integration within five months of their merger. The customers of both companies will experience a unified network experience on 2G, 3G and 4G in eight telecom...
Idea-Vodafone Merger Creates India's Biggest Telco
With the approval of the Federal Government's Department of Telecommunications, the merger of Vodafone India and Idea Cellular will create the country's largest mobile phone operator worth more than $23 billion with a 35 percent market share. In the combined entity, Vodafone will own a 45.1 percent stake, while the...
Ericsson Launches 5G Lab at IIT Delhi
Ericsson, Sweden's multinational networking and telecommunications company headquartered in Stockholm, inaugurated a Center of Excellence and Innovation Lab for 5G at the Indian Institute of Technology Delhi. Borje Ekholm, president and CEO of Ericsson attended the launch. Telecom chipset makers Qualcomm and Intel will support the development of 5G devices...
American Tower Corp Evaluates Additional Assets in India
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...
Reliance Jio's Price Wars Affects India's Telcos
By offering free voice services for life, and free data services over a six-month period, India's Reliance Jio telecommunications company triggered a price war that affected the rest of the country's telecom providers. Profits have fallen, and a phase of consolidation has begun in India's mobile market. A merger between...
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,...