Tanla and Vodafone Idea on Tuesday announced a pact under which Tanla will provide solutions to secure, encrypt and enhance performance for international messaging traffic on the telco's network
BSNL has given a timeline of September 2022 for rollout of its 4G services across India, and estimated an incremental revenue of about Rs 900 crore in the first year from such rollout
Reliance Jio, following its peers Bharti Airtel and Vodafone Idea (Vi), hiked its prepaid tariff plans by around 20 per cent across the board (including around 21 per cent in base JioPhone level plans
The broader indices lagged in trade on Monday. The BSE Midcap and Smallcap indices ended with losses of 0.9 per cent and 1.9 per cent, respectively
Group made the guarantee in September, before the government offered a four-year moratorium to the company.
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Both Bharti Airtel and Vodafone Idea have said they will avail the four-year moratorium on payment of dues
The government on Monday amended the telecom licence norms to reduce the tax burden on telecom operators by exempting all non-telecom revenues for calculation of levies like licence fees
Telcos have also been given 90 days time to indicate if they want to opt for converting the interest amount pertaining to the moratorium period into equity
The Department of Telecom has notified an amendment in rules to ease the rollout of communications networks by fixing a nominal one-time fee for overground cables at Rs 1,000 per kilometre
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The govt has given an option to telcos to pay back interest on dues through equity and also conveyed that it has no interest in acquiring any telecom company, a top official of Vodafone Idea said
'I will reach out to Mukesh Ambani and speak to him and ensure that industry truly becomes role model for many other infrastructure industries in the country,' says Bharti chairman
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As part of the package, there could be some relaxation on payment of levies to the government including a one-year moratorium on spectrum installment due in April 2022.
Bharti Airtel's staggered equity capital raise may also create adequate headroom to prepare for a scenario of plausible exit of Vodafone Idea in the medium term, fear analysts
While Vi has lagged in spectrum addition and infrastructure augmentation, its 4G data experience has performed well at times
Amid an existential struggle, Vodafone Idea on Monday said while its recent tariff tweaks are steps in the right direction, such changes are not enough to solve the industry's structural issues
The sequential fall in 4G subscribers was modest, indicating that most of the subscriber loss was in the low-margin 2G segment