Page 23 - Telecom Sector

'Policy support, fundraise may give VIL relief but sizable hike must'

A moratorium on AGR and spectrum payments, and reduction in spectrum usage charge (SUC) and Licence Fee (LF) are reportedly among the key relief measures being lined up.

S&P Global revises Bharti Airtel outlook to 'stable' from 'negative'

S&P said Airtel's "improving operating fundamentals should improve its margins and Ebitda"

Hydrogen may help telecoms to slow down emissions in remote sector

Emissions from powering networks and IT make up nearly a third of the carbon footprint of telecom companies

Cabinet did not take up proposal for telecom relief measures: Report

Earlier in the day, telecom stocks were on investors' radar, with a news report claiming the telecom department is devising measures to improve health of the debt-laden sector.

Cabinet may discuss a relief package for stressed telecom sector today

The government effort in preparing a telecom package is to ensure that the telecom sector does not become a duopoly

'Hopeful of govt support': Vodafone Idea chairperson tells shareholders

The telecom company's operational performance has been impacted by intense competition, low tariffs and a debt of Rs 1.9 trillion leaving it with little surplus for network upgrade.

Cabinet likely to consider relief package for stressed telecom sector

In what may come as a major relief for the telecom sector, the Union Cabinet is likely to consider and discuss a relief package for the sector on Wednesday, sources said

TSSC, BetterPlace tie up to facilitate frontline hiring for telecom sector

Telecom Sector Skill Council (TSSC) and blue-collar workforce hiring platform BetterPlace have signed an initial pact to facilitate placement of workers for various job roles

HFCL board approves plan to raise Rs 750 crore through various issues

Domestic telecom gear maker HFCL on Friday said it has received its board's consent to raise up to Rs 750 crore through equity, bonds, debentures or any other securities

COAI sees India lagging in 5G unless airwaves cost less

Proceeds from the 5G airwaves auction, likely early next year, is an important source of revenue for the Indian exchequer especially as Modi-led government looks to spur the pandemic-hit economy,

Bharti Airtel board approves Rs 21,000 crore rights issue

Fund raising mainly to make payments towards AGR-related liabilities

Airtel board approves up to Rs 21,000 crore rights issue: filing

The rights entitlement ratio entails 1 equity share for every 14 equity shares held by eligible shareholders as on the record date

BSNL union to hold demonstration against monetisation of telecom assets

BSNL's employees union on Thursday opposed the government's plan to monetise optical fibre laid under the BharatNet project as well as 14,917 mobile towers owned by it and sister concern MTNL

Airtel board to meet on August 29 to consider fundraising options

Telecom operator Bharti Airtel on Wednesday said its board will meet on August 29 to consider various capital raising options, including equity and debt.

Govt eyes Rs 35,100 cr from partial sale of Bharatnet network, tower infra

The government expects to realise Rs 35,100 crore from the partial sale of Bharatnet fibre assets and around 13,500 mobile towers owned by state-run telecom firms

Security clearance delay for equipment hits telecom gear makers

Without such certification, telcos cannot give product orders to vendors

Major tariff hikes by telcos unlikely in the short-run: Analyst

Telecom operators are likely to continue with minor tweaks in mobile plans but may avoid significant hike in broader tariffs in the short-run

Bharti Airtel moves Supreme Court with review petition in AGR case

The company has sought correction of arithmetical errors in calculations linked to AGR

Trai suggests to create separate authorisation for access network provider

Trai on Thursday suggested that a separate authorisation be created for access network provider, to offer network services on a wholesale basis

COAI says telecom among most heavily taxed sectors, seeks relief from govt

Industry body COAI has urged the government for financial reforms in the telecom sector, making a strong pitch for cuts in levies, doubling the tenure of auctioned radio wave holdings