
India: spectrum is national property, cannot be sold by bankrupt telcos
The Indian government has told the country’s top court that bankrupt telcos cannot sell spectrum as part of insolvency proceedings. Read more…
The Indian government has told the country’s top court that bankrupt telcos cannot sell spectrum as part of insolvency proceedings. Read more…
$20 billion stake sales in Reliance’s digital unit Jio Platforms and JioMart is threatening the ambitious India of plans US digital giants. Read more…
Microsoft CEO Satya Nadella touted a new India cloud partnership with Reliance Industries as he shared centre-stage with its chairman Mukesh Ambani. Read more…
Reliance Industries announced a partnership with Microsoft’s Azure cloud platform, in a move that deepens the offerings of its Jio telecoms unit. Read more…
India’s Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has exempted a one-time spectrum charge (OTSC) on debt-laden Reliance Comms.. Read more…
ITEM: If you thought India’s telecoms sector was in bad shape financially – well, you’re right, and it’s reportedly going to get worse, with local analysts expecting the latest quarterly revenues to drop as much Read more…
MUMBAI (Reuters) – India’s Reliance Communications (RCom) said on Tuesday it had appealed at the Bombay High Court against a ruling by an arbitration tribunal that barred the indebted firm from selling assets without the Read more…
ITEM: Over the holiday break, Reliance Communications signed a deal to sell off its wireless assets to Reliance Jio Infocomm for an undisclosed amount, which will ostensibly beef up Jio’s wireless ambitions whilst helping RCom Read more…
ITEM: A news report claims Reliance Communications (RCom) is reportedly planning to scrap the majority of its wireless business by the end of next month. In this case, the “majority” appears to mean mainly its 2G Read more…
MUMBAI (Reuters) – Shares in Indian telecoms company Reliance Communications extended losses on Thursday, falling nearly 3%, a day after the local arm of Ericsson filed a plea with an insolvency court against RCom. Ericsson, which Read more…
India’s Reliance Group has struck a strategic partnership with Cisco Jasper to launch a new venture called “Unlimit” that will be solely dedicated to providing Internet of Things (IoT) services to enterprise customers throughout India. Read more…
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