Enterprise
RSS FeedsThe Aditya Birla Group is planning to sell a minority stake of around 15 per cent – 20 per cent in Idea Payments Bank in order to raise about Rs 2 billion.
The 4G segment in India has evolved significantly over the past two years. While improved availability of affordable 4G smartphones and plummeting data tariffs have helped in driving 4G service uptake, increasing competition among operators has played a key role in augmenting service reach.
Financial services company Jefferies is expecting a subdued fourth quarter earnings for 2017-18 coupled with declining average revenue per user (ARPU). The company has maintained its cautious stand on the Indian telecom sector.Â
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