Telecom articles

RCom rises 3.53% as operator in talks with CDB over debt settlement

NEW DELHI: Shares of Reliance Communications (RCom) advanced over 2 per cent in Thursday’s trade after the company told ET that it was negotiating a settlement with China Development Bank, one of its largest creditors, even as the Chinese government banker sought to club its insolvency petition against the Anil Ambani-led company with other petitions

Airtel, Idea Cellular, BSNL to be roped in for smart meter connectivity in Uttar Pradesh and Haryana

NEW DELHI: Leading telecom players Airtel, Vodafone, Idea and BSNL are being roped in for providing connectivity as part of the government tender for 5 million smart meters to be deployed across Uttar Pradesh and Haryana, two people familiar with the development said. Interestingly, Mukesh Ambani-backed Reliance Jio is out of the picture.