Page 30 - Telecom Industry

Airtel to pay May salaries of 30,000 staffers of retail, distribution firms

The company has, accordingly, urged the partners to pass the base monthly pay to all their staff for May

SC questions DoT's AGR demand on PSUs, says it is 'totally impermissible'

A Bench of Justices Arun Mishra, S Abdul Nazeer and M R Shah raised questions on the demand raised by the government from PSUs and said its verdict in the case had been misinterpreted

Bharti Airtel arm buys additional 6.3% stake in Bangladesh's Robi Axiata

The deal has been approved by Bangladesh Telecommunication Regulatory Commission

Bharti Airtel arm picks up 6.3% stake in Dhaka-based telcom firm

Deal value not known; Robi is the second largest mobile network operator in Bangladesh

Trai unlikely to take up floor price issue for 2 mths over Covid-19: Report

Telecom players recently renewed their demand and asked Trai to move forward quickly on the issue of fixing floor price for tariffs

Decide on floor price for tariffs to ensure sustainability: Telcos to Trai

COAI, whose members include Bharti Airtel, Vodafone Idea and Reliance Jio, has written to Trai seeking an open house discussion on the issue "at the earliest"

Uptick in ARPU helps Bharti Airtel trump Reliance Jio in Q3 numbers

A 12-quarter high ARPU, strong 4G subscriber addition give a boost to revenue

Telecom infra players urge states to reduce power tariffs amid coronavirus

The industry body has written letters to 26 states and two union territories seeking relief

Voda Idea pays Rs 1,367 cr to govt towards licence, spectrum charges

Officials said that the telecom department has received the payment made by Vodafone Idea, and added that other operators had made their payments earlier

Telcos will not need major overhaul for on-ground services, says COAI

COAI said industry will continue with arrangements that were in place for the first lockdown period

Telcos find some relief in lockdown, revenues rise 15% as usage picks pace

Top line gets boost in March qtr as more people work from home

COAI seeks incentives for telecom as sector tries to cope with data surge

Telecom service providers have invested and will continue to invest significantly in the telecom infrastructure

Telecom stocks remain a safe bet amid coronavirus disruption: Expert

Analysts at Emkay Research believe that telecom remains one of the safest spots in the current scenario

Telcos to opt for EMI moratorium; tariff to remain stable, says COAI

Cellular Operators Association of India (COAI) also allayed fear of hike in tariff by the telecom operators.

Coronavirus impact: Telcos face a big challenge to keep India Inc connected

In a bid to do this at the available capacity, Bharti Airtel and Vodafone Idea have said they are doing everything to keep the situation under control

How telecom sector is coping with a 10% data demand spike amid Covid-19

Data demand sees a 10% surge as people step up work from home over Covid-19, Here's how telecoms are responding to the demand and encouraging more people to work from home

Govt is well aware of implications if relief not provided to telcos: COAI

Industry body COAI on Friday said the government is well aware of implications of leaving the stressed telecom sector without a relief package, as it urged policymakers to use "tools" available to find appropriate solutions expeditiously. "The industry is in urgent need of relief measures, and we urge the government to come up with appropriate solutions expeditiously and resolve the matter," Cellular Operators' Association of India (COAI) Director General Rajan Mathews said. On Wednesday, the apex court rejected the telcos' self-assessed adjusted gross revenue (AGR) dues and ordered them to pay the principal together with interest and penalties. It stated that non-payment of dues would tantamount to contempt of court. "The government can exercise the tools that are available and move forward on that basis," Mathews said. Telecom companies such as Bharti Airtel, Vodafone Idea and Tata are in a bind as their combined self-assessment of dues to the government are a whopping Rs 82,300

India's regulators and their magnificent obsession with floor prices

The mechanism hasn't just been the subject of heated discussion in telecom but has also pervaded other sectors such farming, water supply, renewable power and even in natural gas

Voda Idea puts AGR dues at Rs 21,533 cr as Nick Read calls on FM Sitharaman

Telecom firm advised to pay up at least the principal amount before SC hearing

For operational flexibility, Shyam Telecom seeks approval to delist shares

The company had posted a loss of Rs 1.35 crore for the quarter ended December 2019, compared to a profit of Rs 57 lakh in the same period a year ago