The international roaming segment has grown at a compounded annual growth rate of 15% in the last two years and is expected to grow another 15% in two years.
In October, after its merger with Aircel fell through, RCom applied for a fresh plan to its lenders, under which banks could convert some debt and take 51% stake in the operator.
Aircel will shortly inform the regulator and its subscribers of its decision to withdraw from these areas while continuing to provide services in other circles.
Tata Communications, which is the cloud provider for the Indian government’s e-marketplace, is also working on several smart city projects.
Distributors of SIM cards and recharge vouchers are complaining of huge drop in revenues since Jio launched its services. DeMo added to their woes too.
The Anil-Ambani owned company owes close to Rs 9,000 crore to the bank.
The JioPhone is up against incumbents who have struck pacts with handset makers in providing 4G smartphones in the same price range.
Psychiatrists and psychologists note a spurt in patients from the telecom industry over the past few months, a flow that’s likely to increase further.
Average revenue per user (ARPU) – a key industry parameter – plummeted almost 40% in September from a year earlier, when Jio started its initially-free services.
Aircel and RCom, struggling to stay afloat after their merger attempts fell through recently, have complained to DoT and Trai, seeking action against the Big 3.
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