CAG in a report had held then Telecom Minister A Raja responsible for causing the state exchequer a loss of Rs 1,76,379 crore by allocating 2G spectrum licenses at throwaway prices.

Reliance Communications is lurching from one crisis to another with no definite end to its pain.

The two companies announced on Thursday that they have entered into an understanding to merge consumer mobile businesses of Tata Teleservices and Tata Teleservices Maharashtra into Bharti Airtel.

In the consultation paper, TRAI has asked for comments on a host of issues including the appropriate time for the next auction, the amount of spectrum to be auctioned, the block sizes of the spectrum to be sold, the need for changes in roll out obligations, and how the spectrum should be valued.

While the Department of Telecom (DoT) has proposed to hold the spectrum auction in 2017, Trai has sought opinion on when the next round of auction should be held and whether it should done in a phased manner.

The Jio onslaught and costly spectrum purchases over the past seven years, rang the death knell for older operators, especially fringe players such as RComm and Tata Teleservices.

Older telcos want floor price and other measures to check losses. The government will not find it easy to meet their demands.

Rothschild & Co. has been in India since the mid-90s, actively participating in the nation's growth story.

Little wonder then that the incumbents Airtel, Vodafone, Idea Cellular and Tata Teleservices, besides Reliance Communications (RCom) and BSNL/MTNL, have taken on the challenge thrown by the Mukesh Ambani-owned Reliance Industries' bold and disruptive Rs 2,00,000 crore telecom play, Reliance Jio. Retreating is not even an option.

The biggest reason for the telecom sector's troubles now is the aggressive entry of Reliance Jio, the $21-billion start-up backed by Mukesh Ambani-controlled Reliance Industries Ltd.

Norway's Telenor group has decided to leave the Indian telecom market amid growing pressure in the telecom sector after Reliance Jio's entry. The group will sell its business with a customer base of 4.4 crores to Bharti Airtel. 

Telecom operator Idea Cellular today logged a consolidated net loss of Rs 383.87 crore for the December 2016 quarter compared to a net profit of Rs 659.35 crore in the year-ago period, hurt by newcomer Reliance Jio.

In his 108-minute budget speech delivered on February 1, the Finance Minister Arun Jaitley spent less than a minute on the telecom sector. The minister said that \"the recent spectrum auctions have removed spectrum scarcity in the country, and allocated an additional Rs 10,000 crore for BharatNet project in 2017/18.\"

Finance Minister Arun Jaitley on Wednesday presented Union Budget 2017-18 in Lok Sabha. 

A 'Digi Gaon' initiative will also be launched to provide telemedicine, education and skills through digital technology, Jaitley said in his Budget speech.

Sunil Mittal has fought many a battle, and emerged on top every time. He's now readying for the biggest scrap of them all.

The rising competition in the telecom sector has spoiled Bharti Airtel's party. The company is gearing up for a prolonged fight.