Consumers might have to prepare for another shock as telecom regulator TRAI (Telecom Regulatory Authority of India) is planning to introduce a consultation paper on setting floor prices

The Bill is likely to contain broad guidelines on collection, storage and processing of personal data, consent of individuals, penalties and compensation, code of conduct and an enforcement model.

Experts have come to believe that the tariff hikes would be in two stages - one by the operators themselves, which will be followed by TRAI setting up floor prices for both voice and data services

Telecom regulator TRAI has recommended auction of about 8,644 megahertz (MHz) of radio frequencies in nine bands for sale at a base price of Rs 4.93 lakh crore

Director General of COAI Rajan S Mathews further added that the quantum of 5G spectrum being offered in India is insufficient as the industry is seeking 100 MHz per operator

Indian telecom operators continue to be in a fix despite the centres relief

People in general are particular about their mobile numbers, and they would want to hold on to it even if it means porting out to another operator

Indian Railways' freight business grew 7 times in nearly 50 years; SBI admits to making poor business decisions in last decade; PM Modi encouraged auditors to develop technical tools to check frauds and improve efficiency in government departments and more news on the News Blast.

PSU banks disburse record Rs 2.5 lakh crore loans in OctoberAs part of a government-mandated outreach programme, public sector banks disbursed a record Rs 2.5 lakh crore of loans during the festive month of October, the finance ministry said on Thursday. In a bid to boost consumption and revive the economy, Finance Minister Nirmala Sitharaman had in September asked banks to reach out to customers and signal their willingness to lend following all prudential norms.WeWork to lay off...

While the quantum of these hikes is not clear yet - telcos refuse to provide clarity - it is believed that they will move up in two phases, firstly by telcos themselves and then on TRAI's orders

Total wireless subscribers (GSM, CDMA & LTE) increased from 1,171 million at the end of August 2019 to 1,173.75 million at the end of September 2019, thereby registering a monthly growth rate of 0.23 per cent

Mukesh Ambani-led Reliance Jio aims to increase revenues, augment average revenue per user (ARPU) and fund investments in its 4G and 5G infrastructure

Lok Sabha members demanded integrated action to deal with Delhi pollution; Vodafone Idea presses I-T Department for Rs 7,000 crore tax refund; Reliance Jio to hike tariff in few weeks and more news on the News Blast.

Reliance Jio takes cues from rivals, to hike tariff in few weeksReliance Jio has revealed plans to increase tariffs as TRAI prepares to launch a consultation process to revise telecom rates. This comes close on the heels of separate announcements from Vodafone Idea and Bharti Airtel, where they said they will hike tariffs from December 1. The tariff hikes are expected to help increase revenues, augment ARPUs and fund investments in 4G and 5G infrastructure.Delhi pollution: Lok Sab...

The TRAI data showed that Vodafone Idea lost 25.7 lakh subscribers during the month, while Bharti Airtel saw 23.8 lakh customers exiting its network

This announcement from Reliance Jio comes close on the heels of separate announcements from Vodafone Idea and Bharti Airtel, where they said they will hike tariffs from December 1

Reliance Jio, after providing free voice calls for three years, started charging 6 paise per minute from October for making calls to any non-Jio number

There will only be four players soon - Reliance Jio, Vodafone Idea, Bharti Airtel and BSNL/MTNL - as opposed to around a dozen in March 2016, according to a TRAI report

In the middle of action-packed two hours, Vodafone Idea announced its Q2 results where it posted net losses of Rs 50,922 crore, which is over 10 times higher than the losses in the previous quarter

Apple is eyeing a share of the increasing Indian streaming market and has aggressively priced Apple TV+ at a monthly subscription of Rs 99, contrary to the US pricing of $4.99 per month