India's telecom industry has been sliding towards financial insolvency over the past few years
Rajan S Mathews said problem of call drop is more in data based networks like voice over LTE than tech used for 2G, 3G
Operators to spend $20 billion for network upgrades: COAI
With Aircel left with few options except shutting shop in most or all circles and RCom set to discontinue voice services for 2G and 3G users, 20% of Indian mobile users will migrate to other networks
Markets in rest fo Asia to witness growth
India's taxpayer has won in a war on corruption, but may well be losing an equivalent money again as a consumer, or likely, as a taxpayer
Telecom industry generates 4 million direct and indirect employment
Other proposals include shifting from PLR to MCLR for interest, penalty payments
Indian telecom industry is at a critical juncture & improvement is crucial for its long-term health
With volumes improving and pricing likely to be steady, ARPUs are likely to recover
Ahead of 2019 polls, govt focuses on several big-ticket reforms
Govt must act fast to address the sector's woes
With the telecom sector grappling with aggressive price strategy of new entrant Reliance Jio and government losing out on its revenues, industry body Cellular Operators Association of India (COAI) seeks immediate steps to address the matter before banks stop lending.In an interaction with Business Standard, Rajan S. Mathews, Director General COAI said, of the Rs 4.6 lakh crore exposure in the telecom industry, 80% is held by domestic banks and with this situation the banks are getting nervous.Mathews said that the issue raised by Telecom Secretary J. S. Deepak should be viewed from the perspective of the Telecom Commission and not Department of Telecom (DoT)."He (J S Deepak, Telecom Secretary) did not write the letter, Telecom Commission Chairman did. The members include Secretary IT, Secretary level person from finance and other government representatives and unless he takes a majority view, Telecom Secretary suo moto cannot write a letter to TRAI complaining about the telecom ...
Vodafone and Idea have already said they are considering merging their businesses in India
The report said free cash flows will be negative due to double whammy of weaker eanings and capex
Talk of consolidation is partly due to Reliance Jio, which started a price war with its tariffs
Telenor, Tata Tele (Mah), Aircel likely to face price pressure, as industry heads for consolidation
If the merger happens, Airtel will be relegated to a distant second
FDI which was $1.3 billion in 2014-15, $2.9 billion in 2015-16 has jumped up to more than $10 billion in the first eight months of 2016-17
Analysts indicated the telecom sector is likely to see greater pain in the coming weeks, as a fallout of demonetisation