Vodafone-Essar, the Indian unit of Vodafone Group Plc, saw a 13.8 percent rise in revenues in the December quarter, to 767 million pounds ($1.23 billion), despite the tariff war and the highly competitive environment in the country.
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Tag: Essar Group
ETHL Communications Holdings Ltd (ECHL), Essar Group’s holding company for telecom services, has raised Rs 4,280 crore through a private placement of its zero-coupon, non-convertible debentures (NCD).
The MobileStore, retail chain of multi-brand and multi-service telecom outlets, has launched its 78th outlet in Kolkata, taking the count to 151 in the Eastern region of India. Since its launch in March 2007, The MobileStore has increased its presence to over 1,300 stores across 200 cities, making it the country’s largest telecom retailer.
Sanjeev Chachondia, Chief Executive Officer (CEO) of Loop Mobile and Loop Telecom, has resigned. Reasons for Chachondia’s resignation could not be immediately ascertained, while the company has appointed Sandip Basu as its new CEO.