Page 24 - Telecom Sector

Global vendors closely monitoring VIL situation, say it's business-as-usual

Global telecom gear makers are keeping a close watch on how things evolve for Vodafone Idea, which is in the grip of an existential crisis, but maintain that it is business-as-usual

Bharti Airtel, Reliance Jio gain from debt-laden Vodafone Idea's pain

The two firms' revenue market share has risen 1,300 bps in two years

Indus Towers hits over 8-month low on growth concerns

Indus' share price has underperformed the market owing to concerns over its key tenant Vodafone Idea's survival

Vodafone Idea breaks 100-WMA, hits Rs 7.26 mark. What's next for the stock?

This is the first time the counter has broken 100-weekly moving average (WMA)

DoT set to cancel Reliance Communications licence over payment default

According to an official, clauses under the license agreement empower the government to terminate the licence of the company

Signals of revival

Telecom sector faces the risks of a duopoly

AGR case: Telcos' plea rejection does not go well for sector, says Icra

The rejection of telcos' pleas seeking re-calculation of AGR related dues does not bode well for a recovery in the sector

Cash-strapped Vodafone Idea gets nod for FDI up to Rs 15,000 crore

Fund-raise set to help cash-strapped telco cut debt and pay AGR dues

Bharti Airtel gains 4% on rolling out new postpaid plans

Airtel said it has simplified its Postpaid plans to offer industry leading data benefits backed by a 5G ready network and superior digital-first customer care

Bharti Airtel rolls out new postpaid plans, offers competitive data packs

Company says customers can bundle add-on connections with enhanced data benefits to their existing plans

Bigger firms scoop up more market share during Covid-19 pandemic

Market concentration in key sectors, measured by HHI, reached a new high in FY21

AGR dues cannot be recomputed: Supreme Court reserves order

But telcos Airtel, Vi, Tata Tele say arithmetical errors can be rectified and that there are duplication of entries

In a breather to telcos, DoT may lighten debt burden by relaxing timelines

The effort would be to firm up measures so that the telecom sector does not go down any further, an official said

Second Covid wave: April sees sharp fall in new telecom users, says Trai

State governments had imposed lockdowns to curb the spread of the pathogen in April - a move that derailed economic activity.

DCC clears satellite connectivity for telecom networks: DoT Secretary

The DCC has cleared a provision of using satellite connectivity in telecom networks to provide services in remote areas where it is difficult to lay optical fibre network

Sky-high battle between satellite service providers and telcos for spectrum

Satellite companies are demanding spectrum free or at a nominal administered price as is done in other parts of the world. The move is being vehemently opposed by telcos through the COAI

Telcos sustain growth but FY21 revenue still far from FY16 peak

Report combined net sales of Rs 1.87 trn as against Rs 2.24 trn posted 5 years ago

Voda Idea cuts loss by 39.5% to Rs 7,022 cr on lower exceptional expenses

Posts highest-ever EBITDA margin, on the back of lower operating and exceptional expenses; lags peer on ARPU

Reliance Industries: Key financial ratios fall to three-decade low in FY21

On a consolidated basis, firm's RoCE declined to 7.8% in the fiscal

Electronics firm Foxconn, others among 29 register under telecom PLI

The scheme will be effective from April 1, 2021.