In no particular order, here are MediaNama’s top 10 stories of the week ended 4th March 2018

MediaNama would like to thank its sponsors: E2E, for their support.

COAI and Jio spar over TRAI’s predatory pricing regulation

A pubic sniping match has been going on between the Cellular Operators Association of India (COAI) and Reliance Jio over the TRAI’s regulation allegedly favouring the Mukesh Ambani-owned telecom major. Read it here

Reduction in IUC rates resulted in 11% decline in Idea’s revenue in Q3FY18

TRAI’s amendments to the domestic interconnect usage charge (IUC), which reduced mobile termination charge from 14 paisa to 6 paisa per minute, “negatively impacted Idea’s revenue and EBITDA for this quarter by Rs 820 crore and Rs 230 crore respectively, when restating revenue at 14 paisa,” Idea Cellular’s managing director, Himanshu Kapania said during the company’s earnings call for the quarter ended December 31, 2017 (Q3FY18). Read it here

Idea Cellular’s Mobile Internet Business In Charts – Q3FY18

For the quarter ending December 31, 2017 (Q3FY18), Idea Cellular reported that it has 42.6 million mobile internet connections, up from 38.2 million in the previous quarter. Since Q3FY17, the total number of mobile internet connections had been on a decline, coinciding with the launch of Reliance Jio. Read it here

Users won’t lose money in wallets for KYC non-compliance: RBI

The Reserve Bank of India has said that customers will not lose money from mobile wallets even if companies remain non-compliant to its full KYC (Know Your Customer) guidelines after the deadline expires on Tuesday. But the assurance comes with some caveats. Read it here

MakeMyTrip gets OYO onboard after delisting it couple of years ago

NASDAQ-listed MakeMyTrip (MMT) Ltd and budget hotel brand OYO, has inked partnership whereby OYO’s inventory of hotels across India, Malaysia and Nepal will be listed on MakeMyTrip and its brand Goibibo. Read it here

Last date to complete mobile wallet KYC: All you need to know

As per orders issued by the Reserve Bank of India, February 28, 2018 is the last day for mandatory Know Your Customer (KYC) compliance by prepaid wallet customers. Going forward all non-KYC complaint wallet accounts will have very limited usability. Read it here

Amazon Prime Video signs content deal with Disney India

Amazon has signed a content deal with Disney India to make Amazon Prime Video the streaming home for seven upcoming international titles from Marvel and ABC. These shows will be available to Prime members in India immediately after they premiere in the US. Note that Disney is not renewing its US deal with Netflix. Read it here

Google integrates State Bank of India on to payments app Tez

State Bank of India announced that it has officially partnered with Google Tez to bring it’s services to the search giant’s UPI based payments app. This will allow customers of India’s largest commercial bank to transact money and make payments directly from their bank accounts through the mobile app. Read it here

WhatsApp refuses to share user info for the HDFC Bank earnings leak investigation

WhatsApp has refused to share user-specific information, in relation to multiple instances of HDFC Bank’s quarterly financial reports being circulated on the messaging app prior to official announcements from the bank, citing its privacy policy, reports Business Standard. Earlier, the Securities and Exchange Board of India (SEBI) had directed HDFC Bank to strengthen its system to prevent leakages of price-sensitive information, months after at least two instances of the bank’s quarterly financial results being circulated on WhatsApp were reported. Read it here

BookMyShow forays into production, strikes a deal with Disney India

BookMyShow (BMS) has marked its entry into entertainment production, as it has signed a deal with Disney to produce Broadway-style live musical stage shows in India, starting with Aladdin. As part of the deal, BookMyShow will be the producer of the stage show, and will undertake tasks like sets, lights, costumes, special effects, cast, crew, and execution among others of the musical, besides listing its tickets on its platform. Read it here