Page 25 - Telecom Industry

A controversial call: What does 5G spectrum auction delay mean for India?

Industry arguments over allocations and auctions for satellite airwaves have ended up delaying the launch of 5G

Bharti Airtel says mobile ARPU should head to Rs 200 in the near term

Telecom reforms to help preserve cash flows, drive industry investments, says Airtel CEO Gopal Vittal

Reliance Jio won't opt for 4-year payment moratorium: Report

Both Bharti Airtel and Vodafone Idea have said they will avail the four-year moratorium on payment of dues

DoT exempts non-telecom revenue for calculation of levies on telcos

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

Bharti Airtel accepts 4-year moratorium on spectrum, AGR payments

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

Govt notifies rules to relax telecom infra rollout fees, documentation

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

Telecom NGO alleges Starlink illegally accepting pre-order deposits

Starlink aims to start broadband service in India from December 2022

Govt has no interest in acquiring any telecom firm: Vodafone Idea CEO

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

Mittal vows to bring telecom industry together; talks to Voda's Nick Read

'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

Top headlines: Voda Idea gets govt helping hand; bids come in for Air India

Business Standard brings the top headlines of the day

Bharti Airtel at record high; Vodafone Idea gains 7% ahead of Cabinet meet

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.

Airtel's Rs 21k-cr rights issue may open exit door for Voda Idea: Analysts

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

BS Number Wise: Can user experience deliver Voda-Idea from its mess?

While Vi has lagged in spectrum addition and infrastructure augmentation, its 4G data experience has performed well at times

Tariff hike key to sector revival, says Vodafone Idea CEO Ravinder Takkar

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

Vi lost 12.4 mn subscribers in the first quarter, most since March-end 2020

The sequential fall in 4G subscribers was modest, indicating that most of the subscriber loss was in the low-margin 2G segment

Industry needs long overdue support to maintain 3+1 structure: Sunil Mittal

Bharti Airtel Chairman Sunil Mittal said the sector remains a viable place for continued investments

India needs 3 pvt players in telecom; hope govt offers support: Airtel CEO

KM Birla had in June this year offered to hand over group''s stake in debt-laden Vodafone Idea Ltd to government or any other entity to ensure that company remains a going concern.

Banks to discuss next course of action on debt-laden Vodafone Idea

Lenders to Vodafone Idea (VIL) are expected to hold talks to decide on the future course of action with regard to their exposure to the debt-laden telecom player which is struggling to stay afloat

Indus Towers posts consolidated profit after tax of Rs 1,415 crore in Q1

Telecom infrastructure firm Indus Towers on Thursday posted a consolidated profit after tax of Rs 1,415 crore in the first quarter ended June 30, 2021. Indus Towers had recorded profit after tax of Rs 1,121 crore in the same quarter a year ago. "The first quarter of financial year 2022 witnessed the second wave of COVID-19 pandemic impacting lives and livelihoods across the country on one hand and severe cyclones in many states on the other. Indus Towers continues to stand tall against all odds to ensure support for customers, society and nation. The company has also delivered a strong financial performance for the quarter," Indus Towers Managing Director and CEO Bimal Dayal said. The financial performance, however, is not comparable because the scheme of amalgamation and arrangement between Bharti Infratel and erstwhile Indus Towers Limited (a joint venture company) became effective on November 19, 2020. Indus Towers posted a consolidated revenue of Rs 6,797 crore in the April-Jun

Airtel Africa Q1 profit zooms to $142 million amid all-round growth

Airtel Africa logged strong revenue growth across all regions