Page 5 - Telecom Companies

Draft telecom Bill: Trai opposed to regulation of OTT platforms

Has communicated this to the telecom dept

'Telcos may see steady Q2 as SUC saving aid margins; 5G updates key focus'

Telecom companies are expected to witness "steady" revenue growth in Q2FY23 with slight sequential uptick in average revenue per user albeit softer net additions, while SUC (spectrum usage charges) savings are seen lifting margins, say analysts. Amid mega 5G network deployments by telcos, market analysts will be keenly tuning in to management commentaries on pace of roll-out for next-generation services, capex outlook and markers on tariff hikes. "We expect Indian telcos to report a steady quarter with stable ARPUs and slowing net adds. Margins would be higher q-o-q as we get 45-50 days benefits of lower SUC," BofA Securities said in its Q2 earnings preview for the sector. India's largest telecom operator Reliance Jio is expected to come out with its Q2 report card on October 21 (Friday), while Bharti Airtel is scheduled to announce its results on October 31. In the earnings' preview for the sector, ICICI Securities anticipated "steady revenue growth" and said margins may jump on .

Telecom Bill revisits licence raj, impinges on privacy safeguards

Many global agencies have raised concern that the draft Bill will adversely impact privacy by giving DoT almost unlimited powers to access and endlessly demand all manner of private information

Nokia bags multi-year deal from Reliance Jio for mega 5G network

Finnish company Nokia on Monday said it has won a multi-year deal from Indian telecom operator Reliance Jio to build one of the largest 5G networks in the world. Under the contract, Nokia will supply equipment from its AirScale portfolio, including base stations, high-capacity 5G Massive MIMO (multiple input multiple output) antennas, and Remote Radio Heads (RRH) to support different spectrum bands, and self-organising network software. Reliance Jio plans to deploy a 5G standalone network which will interwork with its 4G network. The network will enable Jio to deliver advanced 5G services such as massive machine-to-machine communications, network slicing, and ultra-low-latency. "Nokia today announced that it has been selected as a major supplier by Reliance Jio to supply 5G Radio Access Network (RAN) equipment from its comprehensive AirScale portfolio countrywide in a multi-year deal," a release said. Reliance Jio Chairman Akash Ambani said:Jio is committed to continuously investin

DoT summons mobile device makers, telecom companies to push 5G updates

The two sides play a blame game as users' search for 5G services continues

Top Headlines: Run-up to Budget 2023-24, India Inc's Q2 earnings, and more

The July-September quarter (second quarter, or Q2) of 2022-23 (FY23) could mark the end of the period of an unprecedented rise in India Inc's earnings in the aftermath of the pandemic

Telecom's share in overall capex may rise in next 5 years on 5G push

Capex of telcos in FY18-22 went up nearly two and a half times to Rs 3.45 trn

Airtel customers to get 5G at existing rates in 8 cities initially

Airtel launches 5G Plus service, with superfast high-def video streaming, gaming & multiple chatting

Taxes absorb 58% telco revenues in nation with lowest tariff: Voda-Idea CEO

Says operational cash generation can be released for investments if govt eases tax burden

Spectrum allocation plan may be updated when telecom bill goes live

Move may open up new spectrums for 5G auction and deployment in next 6-10 months

Draft Telecom Bill: Centre to take spectrum back if telcos fail to pay dues

The draft telecom bill also recognised that the spectrum is a valuable resource and provided for the assignment of the spectrum for the public good

Telcos want seven sections of the Telegraph Act 1885 repealed or modified

Technology has made some sections irrelevant while others need strengthening for the modern age, telcos have argued through their apex body, COAI

Airtel, Jio to spend about Rs 400 crore on ads during festive season

Bharti Airtel and Reliance Jio together are likely to spend the bulk of around Rs 350-400 crore in festive season advertising

Tech firms, telcos in India urge central govt to control internet shutdowns

The government in 2019 had said emergency internet shutdowns were a matter for states in the interest of law and order

Telecom firms divided over spectrum allocation, seek clarity from DoT

All telcos have commented on devising a new legal framework to govern India's telecommunications sector

Telcos, phone makers in discussion for affordable rollout of 5G: Report

Mukesh Ambani on Monday announced that RIL will invest Rs 2 trillion to launch 5G mobile internet services in India's key metro cities by Diwali

RIL chairman may give details of 5G rollout, new energy plans at 45th AGM

May defer offering specific timelines on listing of retail and telecom businesses; clarity on succession planning could come later

Telecom, energy sectors see sharpest earnings cut after Q1

The Nifty earnings per share (EPS) is estimated to grow 9 per cent year-on-year to Rs 785 in FY23, against an earlier expectation of 13 per cent growth to Rs 820

Tata Sons pegs AGR liabilities of two telecom firms at Rs 19,638 cr

Tata Teleservices, one of the first to start wireless telephony services in India, becomes cash burner for group

Rajasthan government plans to provide smartphones to 1.35 crore women

Three major telecom companies of the country have shown interest in the Chief Minister Digital Seva Yojana of the Rajasthan government under which 1.35 crore women in the state are to be given smartphones, officials said Friday. A senior official said a high-level committee will take a decision on the bidders this month after evaluation. The government wants to complete this process at the earliest so that the scheme can be implemented before the assembly elections next year. The total cost of the project is Rs 12,000 crore. The technical bids for the government project were opened here on Wednesday. "Technical bids were opened on Wednesday. Vodafone, a private company that offered the tender, did not appear," Project in-charge Chhatrapal Singh told PTI. He said that now a high level committee will assess the tenders and decide further. Officials are hopeful that the process will be sorted out at the earliest and the first batch of the smartphones may be received by the governme