Page 31 - Telecom Industry

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

Telecom industry body writes to govt seeking breather for crisis-hit sector

COAI's letter comes at a time when Vodafone Idea has reportedly made it clear to the govt that it won't be able to pay court mandated AGR dues in their entirety, unless a bailout is extended

BSNL, MTNL user: Here's why your services might be suffering

If your landline connection is going dead, or you are unable to browse the internet at a high speed, despite paying for 4G, you are not the only one!

The telecom mess

If the sector turns into a duopoly (ignoring the struggling BSNL-MTNL combine for the moment), Airtel and Jio will find it hard to absorb the 300-million-plus VIL customers who will have to be ported.

DoT to bar foreign telecom vendors that exclude purchase from Indian firms

The order is part of govt's Public Procurement (Preference to Make in India) order 2017 which envisages to source domestically manufactured products to encourage 'Make in India'.

Sunil Mittal meets Prasad, tells Airtel will clear AGR dues before March 17

The Centre said telcos had already paid about Rs 16,000 crore in AGR dues and some had assured further payments in a week's time

AGR dues: Vodafone Idea has paid Rs 1,000 crore to DoT, say sources

Earlier this week, the telecom company had paid Rs 2,500 crore and said it would pay Rs 1,000 crore more by the end of the week

Internet shutdowns cost India $3 billion from 2012-2017: Rajan Mathews

Mathews, an industry veteran, has worked in the Indian and US telecom sector in operations, business development and human resources over his 41-year-long career

What are AGR dues and how it threatens Vodafone-Idea's very existence

Shares of Vodafone Idea jumped 48 per cent to Rs 4.49 on the BSE on Wednesday on the back of heavy volumes on report that the government is unlikely to invoke bank guarantees for now

BSNL, MTNL won't be shut down, efforts being made to revive them: Prasad

Telecom Minister Ravi Shankar Prasad said as part of a revival plan for BSNL and MTNL, there will be optimal utilisation of land and other assets of these companies.

Budget 2020: No substantial relief visible for telecom sector, says COAI

Mathews said that telecom not being included in the definition of infrastructure was a disappointment for the industry

Budgetary over-reach: There is a price for trying to do too much in Budgets

The larger economy suffers more than the central govt, as New Delhi is allowed to get away with behaving arbitrarily and then hiding the reality behind bogus numbers, writes T N Ninan

Bharti Airtel set to gain from 100% FDI; stock hits 11-year high

In addition to the financial muscle, Singtel's expertise in next-generation technologies should also help Bharti Airtel. Singtel is expected to roll out a nationwide 5G network in Singapore

Duopoly catches up in food delivery space as Zomato acquires Uber Eats

The Uber Eats deal helps Zomato to catapult to the number one slot, leaving market leader Swiggy slightly behind

AGR ruling to impact Voda, Airtel; banks will also be hit: Fitch Ratings

The apex court's ruling will also have significant repercussions for India's banking sector as well as the country's broader economic outlook: Fitch Ratings

Three telcos to seek urgent SC hearing as deadline to pay dues nears

Bharti Airtel, Vodafone Idea Ltd, Tata group want to negotiate with telecom department on the timeframe for paying dues

Irrational demand

Licence-linked dues from non-telcos should be reviewed

Telecom Q3 preview: Data subscriber additions, ARPU spike may dial in cheer

But tariff hikes will not translate instantly into ARPU growth

Telecom performance in Q2: AGR drops 4.5 % QoQ; Jio reports 6.75% growth

Gross revenue and AGR of telecom service sector for the quarter was Rs 59,992 crore and Rs 37,338 crore, respectively

Telecom industry urges govt to facilitate funding at lower interest rates

Department of Telecommunications will convey these suggestions to the Finance Ministry for consideration