The shares of telecom stocks have received a plunge as the Telecom Ministry is planning to issue a show-cause notice to five operators for reporting under performance and revenue. The operators who have become the subject of Ministries scrutiny include Tata, Vodafone, RCom, Bharti and Idea.
Three Indian mobile phone operators, viz. Bharti Airtel, Idea Cellular and Vodafone, have team up with one another to provide pan-India 3G services to their customers.
The deal will make it possible for the customers to make use of the other two mobile phone operators’ 3G network in areas where their own operators do not provide 3G services.
Telecommunication firms Bharti Airtel Ltd. and Aircel Ltd. on May 27 launched the iPhone 4 in India- the world's fastest-growing mobile phone market.
Aircel is offering the 16GB iPhone 4 for Rs. 34,500 ($763) and 32GB model for Rs. 40,900. However, prices may be different in some states due to local taxes on handsets