Page 33 - Telecom Industry

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

Telecom industry urges govt to facilitate funding at lower interest rate

Representatives from the industry met telecom ministry officials to communicate their suggestions to help the debt-ridden sector

We're killing telecom industry, need Trai intervention: Sunil Mittal

Industrialists talk ease of doing business; trade bodies stress on minimum wages, I-T ceiling

Offering five times more free outgoing calls than rivals: Reliance Jio

The Mukesh Ambani-led telecom operator added that its new plan are offering up to 25 per cent more value than that of rivals

Time to tango

A collaborative mindset similar to that of Japan could take India into a completely different orbit in the global digital ecosystem

Vodafone Idea will continue to face multiple challenges despite price hike

SIM consolidation, inferior network and negative free cash flows even after hike are the key worries for the market

After $13-bn AGR hit, future of India's tattered telecom hinges on govt aid

Vodafone Idea this month booked a $7 billion quarterly loss, the biggest in Indian corporate history, in large part due to provisions for payments owed

Non-telecom PSUs facing AGR crisis plan to oppose DoT's higher licence fee

On October 24, the Supreme Court ruled that AGR for telcos should include all revenue accrued to carriers, including that from non-core activities, backing the DoT's stance in a 16-year-old case

CoS on telecom relief package for SC's AGR ruling disbanded: Govt source

In October, the government had constituted a committee of secretaries (CoS) - headed by Cabinet Secretary Rajiv Gauba - to explore a financial bailout package for the telecom sector

Over 92,000 employees of BSNL, MTNL opt for voluntary retirement scheme

he 'BSNL Voluntary Retirement Scheme - 2019', that was rolled out recently, will remain open till December 3

Explained: Is mobile tariff hike by Airtel, Vodafone Idea justified?

Telcos have reduced their tariffs so much that they earn only Rs 75 per user per month, nationally

Top biz headlines: Sony eyes stake in Network18, RBI's HR trouble, and more

From Rs 2.5 trillion loan disbursement by PSUs to DHFL's audit report, Business Standard bring you the top business headlines for the day

Airlines may go telcos' way if low-fare regime does not end: SpiceJet CEO

If Indian airlines do not follow pricing discipline, they will see a similar financial strain: Ajay Singh

Under financial stress, Voda-idea to 'suitably raise tariff' from Dec 1

The company, however, did not disclose the range or details of the proposed tariff hike

Bharti Airtel hits 21-month high, surges 20% from Friday's low

The company is hopeful that the government will take a considerate view on SC verdict on AGR matter, given the fragile state of the industry.

AGR impact: Banks nervous as losses mount for Vodafone Idea, Airtel

Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity

Voda Idea posts Rs 50,900-cr loss in Q2, the biggest in India Inc history

Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years

Govt wants telcos to clear AGR dues in 3 months; relief package in works

The relief package may include a cut in licence fee, a two-year moratorium on payment

Airtel submit bids for RCom spectrum; Reliance Jio seeks deadline extension

Airtel has placed a conditional bid to buy RCom's spectrum, and Bharti Infratel has submitted bids for the Anil Ambani company's mobile towers