Year-ender 2024: Telecom sector sees tariff hikes, user losses, Vi fundraising
The New Indian Express Hubballi|December 25, 2024
INDIAN telecom sector had a mixed bag in 2024, marked by tariff hikes, subscriber losses, and fundraising by loss-making telecom service provider Vodafone Idea.
RAKESH KUMAR @ New Delhi

Despite these challenges, state-owned Bharat Sanchar Nigam Limited (BSNL) emerged as the surprise winner, gaining users for the first time in recent years. In July, all major private telcos, including Reliance Jio, Bharti Airtel, and Vodafone Idea raised their tariff plans by 25%. The move led to subscriber losses but helped improve their average revenue per user (ARPU).

Denne historien er fra December 25, 2024-utgaven av The New Indian Express Hubballi.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 25, 2024-utgaven av The New Indian Express Hubballi.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE NEW INDIAN EXPRESS HUBBALLISe alt
The New Indian Express Hubballi

Gandhi's Bold Step Towards National Reconciliation

CENTENARY CELEBRATION OF 1924 BELGAUM CONGRESS AND THE PATH TO SWARAJ

time-read
1 min  |
December 26, 2024
The New Indian Express Hubballi

BPCL to invest ₹6,100 cr for refinery in Andhra

To be one of the largest refineries on East Coast

time-read
1 min  |
December 26, 2024
The New Indian Express Hubballi

NFRA penalty on Deloitte, two auditors

THE National Financial Reporting Authority (NFRA) has imposed a fine of ₹2 crore on Deloitte Haskins & Sells as well as penalties on two chartered accountants for lapses in auditing of Zee Entertainment Enterprises during the 2018-19 and 2019-20 financial years.

time-read
1 min  |
December 26, 2024
The New Indian Express Hubballi

Ola Electric Opens 3,200 New Stores

Move comes as electric scooter maker faced criticism for its dismal after sales services

time-read
1 min  |
December 26, 2024
The New Indian Express Hubballi

Govt to reduce fiscal deficit to 4.5% in FY26

THE government will continue its focus on improving quality spending, strengthening the social security net and bring down the fiscal deficit to 4.5% of the GDP in FY26, a finance ministry document said.

time-read
1 min  |
December 26, 2024
The New Indian Express Hubballi

2024 Landmark Year for Semiconductor Industry in India

THIS year has been a landmark one for the country's semiconductor industry as the government announced the first semiconductor fab in Dholera, Gujarat.

time-read
1 min  |
December 26, 2024
The New Indian Express Hubballi

Food delivery app Waayu expands to 25 cities

ZERO-commission food delivery app Waayu, which announced its expansion into 25 cities across the country, aims to onboard 10,000 restaurants in six months and targets 1 lakh restaurants in three years.

time-read
1 min  |
December 26, 2024
The New Indian Express Hubballi

Global Capability Centres to expand workforce in India by 20% in 2025

TOP executives from across various sectors believe Global Capability Centres (GCCs) landscape will expand further in 2025.

time-read
1 min  |
December 26, 2024
The New Indian Express Hubballi

Srinivasan Resigns from India Cements as UltraTech Gets CCI Nod to Buy Entire Stake

N Srinivasan, erstwhile promoter, has resigned from the post of CEO and MD of India Cements after the Competition Commission of India (CCI) gave its approval to UltraTech Cement buying entire promoter stake in the Chennai-based company.

time-read
1 min  |
December 26, 2024
The New Indian Express Hubballi

Sweeping new Vietnamese internet law comes into force

NEW Vietnamese internet rules requiring Facebook and TikTok to verify user identities and hand over data to authorities came into force on Wednesday, in what critics say is the latest attack on freedom of expression.

time-read
1 min  |
December 26, 2024