Seven mobile operators are said to have deposited EMD (earnest money deposits) of about Rs 15,000 crore for the upcoming spectrum auctions due on 1 October - much lower than the previous year's Rs 20,435 crore.
A DoT official, however, said the EMD cannot be linked to the scale of bidding. "In 2010, when Infotel Broadband, now Reliance Jio, applied for auction, no one was able to link their EMD with the pan-India bids that they placed. There were established players that were participating in that auction, but Infotel emerged as the pan-India winner of BWA spectrum," the official said.
The official, however, refused to share EMD figures. According to industry sources, Reliance Jio has deposited the highest guarantee of nearly Rs 6,500 crore while Vodafone has submitted an EMD of about Rs 2,800 crore.
Idea Cellular and Bharti Airtel are understood to have submitted about Rs 2,000 crore and 1,900 crore, respectively, ahead of the auction where airwaves worth Rs 5.63 lakh crore will go under the hammer. The balance has been submitted by Tata Teleservices, RCom and Aircel. EMD is indicative of a company's strategy to bid in specific circles and spectrum bands. It gives them eligibility points with regard to those circles.
The finance ministry in the Budget pegged the revenue target at Rs 98,995 crore from the telecom space, which includes Rs 64,000 crore from the auction of about 2,354.55 Mhz of spectrum and the rest from various levies and services this financial year. All the radio waves being put up for auction can be used for high-speed 4G services.
English rock band Coldplay have yet to affirm their Mumbai gig in November, however that hasn't halted gossip factories from flowing different reports. As 'the date' moves nearer, the most recent buzz encompassing this visit expresses that artist Arijit Singh will go along with them for the gig.
Arijit Singh observed Ranbir’s Style to Sing Ae Dil Hai Mushkil Song
It is however still indistinct if the Bollywood vocalist will join Chris Martin and his band for a two part harmony or in the event that it will be a performance gig before the show. Obviously, this minor point of interest has got fans excitedly anticipating the supposed November gig.
Arijit is at present large and in charge in the wake of charming the group of onlookers over with his deep 'Ae Dil Hai Mushkil' title track. The tune which was discharged online on August 29, has effectively crossed the 10 million imprint on YouTube.
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At Reliance AGM, Mukesh Ambani finally broke the silence on the tariffs for Reliance Jio. The company will not be charging for voice calls at all, and it will charge a tenth of what its competitors are charging for 4G data, Ambani said - it was announced that Jio will charge only 5 paise per MB, or Rs. 50 per GB. What's more, the greater the usage, the lower the cost will be, and the rates could go down to Rs. 25 per GB.
At the AGM, Ambani also announced that Jio services will become available from Monday, September 5, absolutely free as part of the 'Jio welcome offer', so everyone can try Jio's services at no charge.
"Pay for only one service - either voice or data, not both," he said. "World over, operators charge only for data, voice and messaging are essentially free. All voice calls for Jio customers will be absolutely free." Despite some rumours, data used on Jio's apps will count against your balance. Also, on all plans apart from the Rs. 149 entry level monthly plan, you get unlimited usage of 4G data from 2AM to 5AM.
The Jio 4G tariffs start at Rs. 149 for 28 days, for 300MB. For Rs. 499 per month you get a big step up, to 4GB of 4G data, plus unlimited 4G at night, for 28 days. You'll also get 8GB of access from Reliance Jio's upcoming network of Wi-Fi hotspots, further increasing the amount of data you can use. For Rs. 999, that goes up to 10GB of 4G data, and 20GB of Wi-Fi usage, plus unlimited usage at night. Further plans are for Rs. 1,499 for 20GB, Rs. 2,499 for 35GB, and Rs. 3,999 for 60GB of 4G data, and twice as much Wi-Fi usage respectively. The most expensive plan is for Rs. 4,999 for 75GB of 4G usage plus unlimited 4G usage at night, and 150GB of Wi-Fi data. The postpaid plans are similar, but you'll be paying taxes as well.
There are also a couple of other plans that were not mentioned in the presentation - aside from the various monthly plans, there is also a plan where you pay Rs. 19 for 100MB of data, plus unlimited nighttime usage, with a single day's validity. You also have a Rs. 129 plan with a 7 day validity offering 750MB and 1.5GB of Wi-Fi data, plus unlimited night usage, and a Rs. 229 plan which has a 21 day validity, for 2GB of data. These three plans are only for prepaid users.
Going by these plans, the rates are actually a little different from the Rs. 50 for 1GB that was announced. The cheapest plan is actually a lot more expensive - you get 300MB of data for Rs. 149, or around Rs. 450 per GB. However, with the other plans, once you count the Wi-Fi hotspot data as well, it does work out to the rate that was announced - for example, the Rs. 499 pack gives you a total of 12GB including Wi-Fi, which works out to approximately Rs. 42 per GB. The bigger packs do get cheaper this way, so for example, the most expensive Rs. 4,999 pack gives you 225GB of data including Wi-Fi, which works out to approximately Rs. 23 per GB. And this does not account for the unlimited 4G at night you will get as well.
There will also be no roaming charges, across India, to any network, it was announced. "Put an end to all voice call charges for all voice calls that are domestic," Ambani said. This applies to calls to other networks as well, not just calls within the network.
He also added that data must be affordable for all users. "Current market practice is to charge for data a base rate between Rs. 4,000 and Rs. 10,000 - Jio will have a base rate which is 1/10th of this," Ambani said. "Our data plans go even further with an effective rate of 5p/MB or Rs. 50/ GB." Students will get 25 percent extra data on the tariffs, if they show a valid ID when signing up for Jio.
Apart from the data rates, Ambani also announced that the full suite of Jio apps - for streaming movies, music, and live television - will be completely free for all users until December 2017.
