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Frog Cellsat, a manufacturer of telecom equipment, on Wednesday reported a 59.5 per cent drop in its consolidated net profit at Rs 2.98 crore in the quarter ended March 2025. Its income from operations rose 8.9 per cent year-on-year to Rs 48.48 crore in the fourth quarter of FY25, the company said in a BSE filing. The maker of telecom equipment, including RF Repeaters, Active DAS (Distributed Antenna Systems), in-building coverage solutions, and interference mitigation systems, has guided for a 30 per cent revenue and EBITDA growth rate for FY26, according to a release. For the full year, that is FY25, the net profit was up about 52 per cent to Rs 23.55 crore, from Rs 15.51 crore in the previous fiscal. The income from operations stood at Rs 219.38 crore, about 39 per cent more than the preceding fiscal year. The company's Founder & Managing Director Konark Trivedi said: "We are delighted to report a remarkable financial performance in FY25, marked by significant growth across all
The total debt on four major telecom operators in the country stood at Rs 4,09,905 crore in the financial year 2024, with state-owned BSNL recording the lowest debt among competitors at Rs 23,297 crore, Parliament was informed on Wednesday. According to data shared by Minister of State for Communications Pemmasani Chandra Sekhar in a written reply to the Lok Sabha, Vodafone Idea registered a debt of Rs 2.07 lakh crore, Bharti Airtel Rs 1.25 lakh crore and Jio Infocomm Rs 52,740 crore as of March 31, 2024. BSNL had a debt of Rs 40,400 crore in FY22, which was reduced to Rs 28,092 crore with the help of a revival package and financial support from the government. "In 2019, the first revival package amounting to around Rs 69 thousand crores was given that brought down the operating costs of BSNL/MTNL. In 2022, a revival package amounting to around Rs 1.64 Lakh crore was given. It focused on infusing fresh capital, restructuring debt, viability gap funding for rural telephony etc," Sekh
The Manipur government has served a show cause notice to a private telecom company over the availability "of internet data services in mobile phones in some areas of Churachandpur and adjoining Bishnupur district on September 20" while the suspension of mobile data service is still in force, an official said. Commissioner (Home) T Ranjit Singh, in a letter to Ashish Bansal, Chief Technical Officer, Airtel, Imphal on Thursday remarked it is "a serious lapse on the part of service provider and this lapse might have led to the dissemination of inflammatory and provocative clips and messages in various social media platforms leading to communal tension, hatred and rumours," the official said. The letter said, "Considering the very sensitive and volatile law and order situation currently prevailing in the state, the aforesaid lapses have been viewed very seriously by the state government, and this amounts to violation of the government orders." The state government has asked Airtel to gi