Page 21 - Telecom Sector

Vaishnaw, DoT secy make first test call on indigenously developed 4G tech

First test call on indigenously-developed 4G technology, installed in BSNL network for trial, was made on Sunday by Department of Telecom secretary to Telecom Minister Ashwini Vaishnaw

Telecom secy asks C-DoT to work on 6G, launches Quantum Communication Lab

Samsung, Huawei, LG and some other companies have started working on 6G technologies which is said to be 50 times faster than 5G and is expected to be commercially launched between 2028-2030

DoT cuts bank guarantee requirement for telecom operators by 80%

Telecom firms will now provide a performance bank guarantee of up to Rs 44 crore for each service for the licence compared to Rs 220 crore mandated

Telecom reforms: Relief with hope?

This could be a good first step towards a real transformation

Jio, Bharti may see 5-7% sequential revenue rise in Q2: Jefferies

Telcos Reliance Jio and Bharti may post a 5-7 per cent sequential rise in revenue with a steady margin for the second quarter of FY22, according to Jefferies. Bharti's growth will be led by segmented tariff hikes taken in the second quarter ended September, while Jio's growth will be driven by continued subscriber growth, it further said. Jefferies expects the outlook on tariff hikes for Bharti, further details on JioPhone Next for Jio, and tenancy outlook for Indus Towers to be the key things to watch for in the September quarter. "While the Government's recent moves improve the chances of Vodafone Idea's survival, it is unlikely to arrest the market share shift from Vodafone Idea towards Bharti Airtel and Reliance Jio," Jefferies' note said. This, along with, Bharti's hikes in July should keep revenue growth strong over the near to medium term. "For 2QFY22, we expect Reliance Jio and Bharti to report 5-7 per cent quarter-on-quarter rise in revenue with steady margin," it ...

DPIIT notifies 100% FDI in telecom sector via automatic route

The government on Tuesday notified its decision to permit 100 per cent FDI under automatic route in the telecom services sector.

TDSAT cases in the Supreme Court: No telling which way the tide will turn

Experts feel that a favourable ruling by the SC for telecom firms in the matter of one-time spectrum usage charge with prospective effect would help them reduce their liabilities

Top headlines: Moody's upgrades India's outlook; Vedanta eyes Hind Copper

Business Standard brings you the top headlines on Tuesday

BSNL employee unions to launch campaign for removal of CMD Purwar

Employee unions of state-owned telecom firm BSNL have decided to launch a campaign for the removal of BSNL Chairman and Managing Director PK Purwar alleging his failure to revive the company.

DoT amends telecom licence norms to relax penal provisions

The move is expected to ease financial burden on the telecom sector and promote ease of doing business.

Abhijit Kishore to replace Ambrish Jain as Vodafone Idea COO

Ambrish Jain superannuated after 20 years of service

DoT's Rs 3,050-crore penalty order drags down Airtel, Vodafone stocks

Underperformance may continue on price hike delay, launch of JioPhone

Tata Group firms make open offer to acquire 26% stake in Tejas Networks

Tata Group firms on Friday made open offer to acquire upto 26 per cent stake in domestic telecom gear firm Tejas Networks for around Rs 1,038 crore

Telecom NGO alleges Starlink illegally accepting pre-order deposits

Starlink aims to start broadband service in India from December 2022

Telecom reforms to allow Vi to invest in new tech including 5G: Kapania

The telecom reforms announced by government recently will enable Vodafone Idea (Vi) to invest in new technology and services, including 5G, the company's Non-Executive Chairman Himanshu Kapania said

Govt extends additional charge of PK Purwar as MTNL CMD till Oct 2022

The Appointments Committee of the Cabinet on Wednesday extended the additional charge of PK Purwar as chairman and managing director of loss-making telecom firm MTNL for a period of one year

Jio cashback offer to escalate competition, may delay tariff hike: Analysts

Jio did not issue a statement on its offering. A company source said that Jio continues to introduce promotional offers time to time to provide value to customers

Big C invests Rs 125 cr to open 250 outlets in 2 yrs, mulls IPO after FY24

Mobile handset, electronics retailer Big C on Friday said it will be investing Rs 125 crore in the next two years to open 250 new outlets focusing on tier four and five cities

Indus Towers rallies 10%, hits over 2-year high; Vodafone Idea up 9%

In the past seven trading days, Indus Towers has surged 25 per cent post government announced reforms in the telecom sector

Airtel's rights issue open Oct 5-21, priced at 26% discount to last close

Eligible shareholders will be able to apply for one share for every 14 shares held