Page 19 - Telecom Industry

Icra cuts telecom tower industry outlook to negative from stable

Fearing payment delays from key telcos to continue in FY24, domestic rating agency Icra on Tuesday cut its outlook on the telecom towers industry to 'negative' from 'stable'. In a note, the agency said delays in payments by some of the key customers have elongated the receivables cycle for the telecom tower companies to more than 80 days in FY23. The tower industry's dependence on weaker telcos in terms of tenancies remains high at around 34 per cent. Thus, till the time there are liquidity pressures on such customers, the tower industry's health is likely to remain affected, it said. "The elongation in receivables is likely to result in tower companies making sizeable provisions to the tune of Rs 10,000 crore in FY23, thereby denting their profitability," its sector head for corporate ratings Ankit Jain said. The agency expects the provisions to continue going forward, although the quantum is likely to moderate from the FY23 levels, Jain said, adding that increased reliance on ...

Airtel signs binding term sheet to merge Sri Lanka ops with Dialog Axiata

Airtel would accordingly be issued new shares in Dialog upon completion of the transaction

Adtech company Infomo appoints Himanka Das as country director India

Company that works with telecom firms promotes Rohit Verma as global chief of strategy and new initiatives

Fixed broadband may trigger next leg of growth for RJio, Airtel: Analysts

Near-term overhang of 5G related capex and subscriber churn should be watched by investors, they said

India will have its own big telecom equipment manufacturers soon: C-DOT CEO

Rajkumar Upadhyay said that the Centre's push for domestic design and manufacturing of telecom equipment will help India to compete with global majors

Need minimum 1200 MHz spectrum in 6GHz band for mobile communications: COAI

Industry body representing telcos argues 6GHz is the last remaining mid-band spectrum range available for effective 5G deployment

Amid tension with China, India looks to Taiwan for high-tech imports

India's overall imports from Taiwan during April-February rose by 34 per cent to $7.5 billion

India plans to get ahead of the curve in 6g telecom technology

The government is ready to put its money where its mouth is. The vision document has suggested a research and development fund of Rs 10,000 crore, led by the government for the next 10 years for 6G an

Telcos recorded Rs 4.17 trillion debt in 2021-22, says MoS Telecom

Six telecom companies -- including Airtel, Reliance Jio and Vodafone Idea -- had a total debt of Rs 4.17 lakh crore in fiscal 2021-22, Parliament was informed on Wednesday. Data submitted by Minister of State for Telecom Devusinh Chauhan in the Lok Sabha shows Vodafone Idea had a debt of Rs 1,91,073.9 crore, Airtel (Rs 1,03,408.1 crore), Reliance Jio (Rs 42,486 crore), BSNL (Rs 40,400.13 crore), Tata Teleservices (Rs 20,162.04 crore) and Tata Teleservices (Maharashtra) Limited (Rs 19,703.84 crore) in the financial year 2021-22. "The Government has approved various structural and procedural reforms in the telecom sector to promote healthy competition, protect interests of consumers, infuse liquidity, encourage investment and reduce the regulatory burden on Telecom Service Providers (TSPs)," Chauhan said.

Telecom industry's financial health needs to improve: Bharti Ent V-C

He also asserted that while consumers are ready, "but somehow, as an industry, we have not been able to come to an understanding of increasing ARPUs so that this industry can be healthy"

Telecom industry's financial health needs to improve: Bharti Enterprises

The telecom industry's financial health needs to improve if India's dream of digital connectivity across the country has to be fulfilled, Bharti Enterprises Vice-Chairman Akhil Gupta said on Tuesday. Very poor return on capital is a big hindrance in telecom development in India today and unless it changes, investments will dry up at some point or the other, he said while speaking at the Times Network India Digital Fest here. However, due to competitive reasons increasing average revenue per user (ARPU) has been difficult and the industry players need to work together so that the ARPU goes up to Rs 300 in a phased manner in the next few years. "The big hindrance in telecom development in India today is the very poor return on capital, which this industry has, and at some point in time, that will have to change because otherwise, the investments will dry up at some point or the other," Gupta said. Return on capital is a big hindrance today and that's the reason why "a very big and a

Telecom milestone: At 50 million, India has 5% of world's 5G subscribers

India is closing in on western Europe which has 63 million 5G subscribers; it is already ahead of Latin America and the GCC

Trai to again meet telecom firms next week to end spam call menace

Discussion will seek to end unsolicited communication using technology, regulations

India eyes active role in designing global policies on 6G, satcom

PM to inaugurate International Telecom Union's first India office, release 6G vision document today

Reliance Jio vs Bharti Airtel: 'Unlimited' 5G data new battleground

All postpaid customers, and prepaid ones with a data plan of Rs 239 and above will be able to avail the offer; The move follows Jio's new set of postpaid family plans, Jio Plus, at Rs 399 a month

Slow RoW permissions from discoms dragging 5G rollout: telecom infra firms

The Digital Infrastructure Providers Association (DIPA) has also flagged only three major states aligning state policies with central right-of-way guidelines

5G towers up in 387 districts, nationwide by Dec 2024: Telecom Minister

18 countries are also keen on implementing India's indigenously developed 4G and 5G stacks, Ashwani Vaishnaw says

DoT to approve Vodafone Idea's third quarter payment plan soon: Report

Vi had earlier submitted a payment plan as it has paid only 10 per cent of the dues for the period

Bharti Airtel crosses 10 million unique customer mark on 5G network

Telecom operator Bharti Airtel on Monday announced that it has crossed the 10 million unique 5G user mark on its network. In a statement, the company said it is well poised to cover every town and key rural areas with Airtel 5G services by the end of March 2024. The company informed it has surpassed the 10 million unique 5G user milestone, on its network. In November 2022, Airtel became the first and only operator to have 1 million unique customers on its network within 30 days of its commercial launch, the statement added. It is pertinent to mention that high speed 5G services were launched in the country, on October 1, 2022. The 5G services powers ultra-low latency connections, which allow downloading full-length high-quality video or movie to a mobile device in a matter of seconds (even in crowded areas). The fifth Generation or 5G would, going forward, would enable powerful solutions such as e-health, connected vehicles, more-immersive augmented reality and metaverse experien

Telecom tycoon Sunil Mittal seeking a stake in Paytm, says report

Indian telecommunications tycoon Sunil Mittal is seeking a stake in Paytm by merging his financial services unit into the fintech giant's payments bank