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Top 10 stories of the week: May 22nd to May 28th 2017

In no particular order, here are MediaNama’s top 10 stories of the week ended 28th May 2017 MediaNama would like to thank its sponsors: E2E for their support. Airtel saved “several hundreds of crores” through fiber sharing: MD & CEO (India) Gopal Vittal DoT’s directive which allow telcos and ISPs to share active network infrastructure (BTS boxes, fiber, feeder cables, etc) seems to have helped boost Airtel’s fiber broadband reach. During a recent analyst call, the company’s MD & CEO (India) Gopal Vittal said that the new DoT policy allowed it to come up with multiple fiber sharing arrangements with “most” of its competitors. Read it here MakeMyTrip has 7 million monthly active users on mobile; revenue up 36.4% Online travel agent MakeMyTrip says that it has more than 7 million monthly active users (MAUs) for its mobile apps and more than 33.5 million cumulative app downloads at the end of December 2016. The company takes into account apps installed on Android, iPhone and Windows Phone platforms. Read it here On the Paytm Payments Bank launch: online vs offline, transaction fees, KYC and more Paytm’s land-grab of customers in the payments space continues with the launch of its payments bank, and it is making a conscious effort to get customers to make a switch to the Paytm Payments Bank, over other banks. Paytm recently got approval to launch its Payments Bank, with Renu Satti as its CEO; its CEO-designate Shinjini Kumar had resigned from Paytm Payments Bank’s board of directors…

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