The fibre optic assets of the troubled Reliance Communications have been bought by Reliance Jiofor ₹3,000 crore. Anil Ambani-led RCom said in regulatory filing, “With the successful completion of the fibre monetisation transaction, 1,78,000kms fibre stand transferred to Reliance Jio.”
The Cellular Operators' Association of India (COAI), which represents many leading telcos, said that Aadhaar-issuing body UIDAI's new norms on face recognition saying that some of the stipulated provisions impose additional cost and time burden on telecom firms and are against the tenets of ease of doing business.
To retain its post-paid users and win new ones, the leading telco Airtel has partnered with global OTT giant Netflix. This is in fact an expansion of their partnership in India through which subscribers of select Airtel Postpaid and V-Fiber Home Broadband plans will receive a three-month gift of a Netflix subscription.
On 3 August, Reliance Industries Limited Chairman Mukesh Ambani met the telecom minister Manoj Sinha and telecom secretary Aruna Sundararajan to update the government on the plans of the conglomerate's telecom venture and discuss various global developments in the sector, especially around 5G.
On 26 July, the Government approved the merger of Vodafone and Idea Cellular.The Department of Telecommunications (DoT) had given an initial clearance to the merger on July 9 with conditions that the merged entity will have to abide by the decisions of the telecom tribunal and other courts. These would stay even after the final clearance.
No right click