Page 27 - Telecom Industry

Spectrum acquisition has put us on "strong footing", says Vodafone India

Spectrum acquisition in recent auctions to fill certain gaps in some circles has put VIL on a "strong footing" to be competitive in market, a senior company official said

Govt to amend telecom licence norms to control sourcing from China

The government is likely to amend the telecom licence that will help in controlling installation of network equipment from China and other non-friendly countries.

Spectrum auction surpassed estimates; industry's debt levels to rise: ICRA

The results of telecom spectrum auctions, that grossed over Rs 77,800 crore, have "exceeded" initial estimates, ICRA said on Tuesday. While the value of sales was just 19 per cent of the value of total spectrum on offer, the debt levels of the industry are expected to rise further, post the auctions, and the debt protection metrics would continue to remain weak despite improvement in operating metrics, it said. Commenting on the telecom spectrum auctions, Ankit Jain, Assistant Vice-President, ICRA, said that the outcome exceeded earlier estimates and have fetched the exchequer around Rs 77,800 crore of which around Rs 28,000 crore will have to be paid upfront. "The telcos not only bid for renewals of the expiring spectrum but focused on consolidating their spectrum holdings in the 800 MHz, 900 MHz and 2300 MHz bands. While the sub-GHz bands will be crucial for 5G technology deployment going forward as well as improvement of indoor coverage, the appetite for 2300 MHz band stems from

Spectrum auction: Govt receives bids amounting to Rs 77,146 cr in Day 1

A total of 2308.80 MHz spectrum is being put to auction, out of which there have been bids for 849.20 MHz so far, Ministry of Communications said in a statement

Bharti Airtel raises $1.25 billion through various debt instruments

The company said the order book was oversubscribed 3x on final pricing, with the peak order book of $5 billion at the time for final price guidance

Jio climbs to the top, becomes largest telecom operator in Gujarat

Jio started its services in September 2016. By end of December 2020, it climbed to the top-most position in the circle

4G spectrum auction: Reliance Jio makes the highest earnest deposit

Airtel is right behind Jio in terms of deposit money, followed by Vodafone Idea (Vi) with the least submission

Airtel, Jio, Vodafone Idea queue up to participate in 4G spectrum auction

However, the reservation was more on the high price of 5G spectrum, which hasn't made the cut in the upcoming tender

Explained: How India lost out on 5G network leadership opportunity

Over 140 operators in 63 countries already run commercial 5G services, according to the Global mobile Suppliers' Association

South Korea's 5G user base reaches 12 mn in 2020, up 900,000 since 2019

The figure accounted for 16.8 per cent of the total 70.5 million mobile network subscriptions in the country

US against use of telecom equipment from untrusted vendors like Huawei: WH

"Telecommunications equipment made by untrusted vendors, including Huawei, is a threat to the security of the US and our allies," White House Press Secretary Jen Psaki told reporters

US new rules to block telecom tech purchases from China, 5 others

The United States on Thursday (local time) announced new rules to block purchases of technology and communication equipment from five "foreign adversaries" including China

Chinese telcos lose $5.6 billion in value as index providers drop them

Goldman Sachs estimated some $77.5 billion in China offshore bonds could face restrictions

COAI says telecom industry financially stressed; seeks govt support

The telecom industry, which facilitated wide-spread digital adoption during the pandemic, continues to be financially stressed

Dish TV gets demand notice of Rs 4,164.05 cr from govt for licence fee

Direct-to-home operator Dish TV on Friday said it has received a demand notice from the government for payment of Rs 4,164.05 crore, which includes licence fee and interest.

Telecom industry's active subscriber tally up by 2.5 mn in October: Report

The telecom industry's 'active' subscriber base rose by nearly 2.5 million in October 2020 to touch about 961 million

Vodafone retro tax: India challenges arbitration ruling in Singapore

India has faced a string of arbitrations by investors including Deutsche Telekom, Nissan Motor Co, Vodafone and Cairn Energy over issues ranging from retrospective taxation to payment-related disputes

Vodafone arbitration appeal deadline ends today, but govt still uncertain

FM's meeting with officials on arbitration appeal last week inconclusive

Centre of excellence in the works for gaming, visual effects: Javadekar

IIT Bombay to collaborate with govt on the project, I&B ministry has identified animation, visual effects, gaming and comics (AVGC) sector as sunrise industry

BSNL gets DoT permit to provide mobile services in Delhi, Mumbai

Another state-run PSU MTNL provides telecom services in Delhi and Mumbai and BSNL currently serves the rest of the country.