Page 5 - Telecom Industry

Telcos slam Trai satellite spectrum charges as 'unjustifiably low'

Says proposals will create non-level playing field, impact sustainability of terrestrial services

Finance Ministry cold to Bharti Airtel plea on dues-to-equity switch

If Airtel's request is accepted, the government would have 2 to 4 per cent equity in the telco

BSNL posts first consecutive quarterly profit at ₹280 crore in Q4FY25

Highest-ever capex, improved 4G revenue and cost control help BSNL post Q4 profit of ₹280 crore and slash FY25 losses by 58% as turnaround gains momentum

TCS secures ₹2,903 crore advance purchase order from BSNL for 4G expansion

BSNL is targeting the deployment of 100,000 4G towers nationwide by June this year

Fixed wireless access gets strong signal in India's rural heartland

Jio had about 44% of its subscriber base in rural parts by March

Supreme Court dismisses telcos' plea for AGR waiver, says govt can help

Calls petitions by Vi, Airtel, Tata Tele 'misconceived'

Vodafone Idea seeks Supreme Court help after govt rejects request on dues

The government on April 29 rejected the request by Vodafone Idea CEO Akshaya Moondra for a waiver on interest and penalties it owes on $9.76 billion in dues

Airtel board to decide on converting pending spectrum dues: Gopal Vittal

Airtel has asked the DoT for clarity on converting spectrum dues into equity under the 2021 reforms, but will wait for its board to decide on exercising the option

Tikona Infinet resolves dispute regarding debt payments with L&T Finance

Internet service provider Tikona Infinet on Monday announced that they have entered into a definitive settlement agreement with L&T Finance Limited to resolve the dispute on debt bonds. The announcement came after the National Company Law Tribunal (NCLT), Mumbai Bench, earlier admitted an application filed by L&T Finance against Tikona Infinet, citing default on coupon payments for CCDs. Tikona Infinet said the pact was signed on May 10, bringing closure to a previously reported shareholder matter related to Series 'E' Compulsorily Convertible Debentures (CCDs), following which L&T Finance has started the process to withdraw its application. "It was a dispute amongst the shareholders about Coupon Rights. I am glad to inform you that a settlement agreement has already been executed, which will settle all disputes amicably between LTF Limited and the other majority shareholders. A withdrawal application to the NCLT is under process," Tikona Infinet founder and CEO Prakash ...

4% of AGR as spectrum charge: Trai paves way for satellite internet

TRAI recommends 4 per cent AGR-based SUC for satcom, Rs 3,500 per MHz fee, no auctions, and exemptions for rural users to promote affordability and competition

Starlink requires IN-SPACe nod to launch satellite communication services

Firm needs all approvals before Trai brings guidelines

Global orders may be hit if trade war volatility stays: Tata Comm CFO

Highest ever order book in first half of FY25 has translated to revenue in Q4

Airtel follows Vi, dials DoT for conversion of pending spectrum dues

If firm's plea is accepted, govt will hold a stake in 4 telcos

Telcos gross revenue up 14% to ₹96,390 crore in Dec quarter: Trai

Telecom service providers reported a 14.07 per cent increase in their gross revenue to Rs 96,390 crore in the December quarter on a year-on-year basis, according to data published by telecom regulator Trai on Thursday. The telecom service providers (TSPs) had registered a gross revenue of Rs 84,500 crore in the year-ago period. According to Indian Telecom Services Performance Indicators for October-December, telecom service providers adjusted gross revenue (AGR), revenue from telecom services on which government calculates its levies, grew 14.89 per cent to Rs 77,934 crore during the period on a year-on-year basis from Rs 67,835 crore. While Reliance Jio led the chart with highest AGR of Rs 28,542.76 crore. Bharti Airtel's AGR growth rate at 27.31 per cent on a year-on-year basis was almost double of its rival Jio that recorded 14.8 per cent a year-on-year growth rate. Bharti Airtel posted AGR of Rs 26,073.7 crore during the quarter under review. Vodafone Idea AGR grew 6.69 per ce

BSNL not keen on selling tower assets as 4G, 5G rollout looms ahead

The state-owned telco has struggled to meet asset monetisation targets set by DIPAM back in 2022

Late entry into 5G services allowing cost efficiency: Vodafone Idea

In an investor presentation, the telco said it has been able to incorporate the latest tech as a result

Payment pains: UPI outages traced to tech glitches, backend failures

'Root-cause analysis' done, hardware replaced, member banks briefed on fixes

Time for Vodafone Idea to act: Management must aim to raise capital

Over the weekend, the government converted the telco's dues into equity shares at a premium, perhaps to keep its stake below 50 per cent and avoid turning Vi into a PSU

Telecom operator BSNL 5G sites light up in multiple state capitals

State-owned telecom operator targets full-scale 4G launch by June, 5G rollout to follow

Telcos support Parl panel recommendation of merging IT & Telecom ministries

The Parliamentary Standing Committee on Communications and Information Technology made the suggestion to merge the three allied ministries in its report tabled in the Lok Sabha last week