Cellular services major Bharti Airtel believes that amid huge bleeding in the last few quarters the company will not reduce call and data prices further, and as only three big players are vying for the India's telecom pie, the market will stabilise with the improvement of ARPUs (average revenue per user), a key performance parameter.

Bankrupt telecom operator Aircel has filed a contempt of court petition in the Supreme Court against the department of telecommunications (DoT), including secretary Aruna Sundararajan, for failing to refund Rs.298 crore despite repeated orders. "The appellants submit that the DoT had failed to pay Rs.298 crore to the appellants by 24.01.2019 despite clear and unambiguous directions in this regard," said the source.

Telecom operator Bharti Airtel has said the National Company Law Tribunal (NCLT) has approved its merger with loss-making telecom firm Tata Teleservices. As part of the agreement, the Sunil Mittal-led company will absorb Tata consumer mobile business operations in 19 telecom circles. It will also assume a small portion of the unpaid spectrum liability of Tata towards the telecom department.