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COAI: MMRCL's third-party vendor model is illegal

Financial Express Hyderabad

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April 22, 2025

THE THREE PRIVATE telecom companies are embroiled in a dispute with the Mumbai Metro Rail Corporation Limited (MMRCL) over payments to Dubai-based ACES, a third-party vendor providing in-building solutions (IBS) for underground stations and associated tunnels on Mumbai Metro's Line 3.

- URVI MALVANIA

The Cellular Operators Association of India (COAI), representing Reliance Jio, Bharti Airtel, and Vodafone Idea, stated on Monday that the vendor model adopted by MMRCL is illegal and anti-consumer.

"At the core of this issue is MMRCL's decision to award telecom infrastructure deployment to a third-party IP-I vendor, in violation of existing regulations. Under the current telecom licensing framework, IP-I providers are prohibited from deploying active infrastructure," the industry body said.

Financial Express Hyderabad'den DAHA FAZLA HİKAYE

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Satyaki Ghosh appointed as CEO of Raymond Lifestyle

RAYMOND LIFESTYLE ON Monday said it has appointed Satyaki Ghosh as its CEO with immediate effect.

time to read

1 min

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EU eyes tariffs on €93 bn of US goods over Trump threat

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time to read

1 min

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Who will be Hong Kong’s next Webb-keeper?

WHEN IBEGAN writing markets columns for Bloomberg Opinion (called Gadfly then) in 2017, my first piece was on Hong Kong’s enigma network, a complex web of companies with cross-shareholdings identified by activist investor David Webb.

time to read

2 mins

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'We see an IPO window opening in the next 12-18 months'

Nearly a year after a leadership reshuffle and coming out of RBI-imposed supervisory restrictions, fintech firm Navi says it has stabilised operations and sharpened execution across lending, payments and asset management.

time to read

2 mins

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WEF flags supply chain volatility

STRUCTURAL SHIFT FORCING GOVTS & COMPANIES TO RE-EVALUATE STRATEGY

time to read

2 mins

January 20, 2026

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LTIMindtree profit drops 31% on labour code charge

POULOMI CHATTERJEE Bengaluru, January 19

time to read

1 mins

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At least 39 killed in Spain train crash

A VIOLENT JOLT, followed by screams, flying objects, blood and then darkness is how survivors of the train crash in southern Spain on Sunday night described the moment of impact in the high-speed collision that killed at least 39 people.

time to read

1 min

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Financial Express Hyderabad

Battery energy storage sector under stress as cell prices surge

INDIA’S BATTERY ENERGY storage system (BESS) sector is facing a sharp cost reset due to the combined effect of a falling rupee, higher raw material prices and changes in China’s export policy.

time to read

3 mins

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Financial Express Hyderabad

Trump sets Davos date with global CEOs

World Economic Forum's annual meet begins in Swiss ski resort

time to read

2 mins

January 20, 2026

Financial Express Hyderabad

New US ambassador Gor talks trade with Goyal

US AMBASSADOR TO India Sergio Gor met Commerce and Industry Minister Piyush Goyal on Monday to discuss the bilateral relationship, including trade-related matters. Gor was accompanied by US Senator Steve Daines.

time to read

1 min

January 20, 2026

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