Page 31 - Telecom Sector

Vi is We: Two yrs after merger Voda Idea integrates to create new identity

The relaunch, coming two years after the August 2018 merger of Vodafone and Idea Cellular, is to have a combined brand identity and advertising around it

Vodafone Idea to make major strategic announcement today, rebranding likely

Vodafone Idea is owned by Vodafone plc and the Aditya Birla group (ABG)

Vodafone decides to stick with no-equity plan after decade of washout

UK telecom giant has invested over $16.4 billion in the country, but hardly made any returns for its UK shareholders

Vodafone Idea board to meet on Sept 4 to consider fund-raising for AGR dues

The company plans to raise capital in one or more tranches by way of a public issue, preferential allotment, private placement, including a qualified institutions placement, it said in a statement

AGR case: Professional managers face bigger risk if telcos default

The Bench led by Justice Arun Misra observed that should telcos fail to pay up, it would lead to penalty, interest, and contempt of court

Telecom ministry accounts officers reach out to PM, seek merger with IA&AS

Accounts and finance wing officers under the telecom ministry have approached Prime Minister Narendra Modi for merger with the Indian Audit and Account Services as part of administrative reforms. The merger will bring in more efficiency, transparency and equal opportunity for all officers involved in handling audit and account services related work irrespective of the ministry or department they have been deployed at, according to a letter by IP&TAFS Group A Officers Association dated August 28. The India Post and Telecommunication Accounts Finance Services (IP&TAFS) officers are selected through civil services exam conducted by UPSC. They handle all revenue related matters at the departments of telecom and post, including adjusted gross revenue liabilities, spectrum price, licence fees, spectrum usage charges, among others. According to sources, the association has requested the Prime Minister to merge "various organised account services in government of India" either with ...

10 years to pay AGR dues puts a question mark on Vodafone Idea's survival

Indian telecom sector moving to a virtual duopoly is not a desirable development

Three key SC decisions that could change telecom sweepstakes in the country

While the first two rulings on AGR dues could have a lasting impact on incumbent players, the third, on transfer of spectrum by banks could impact fund raising by the telecom sector as a whole

Telecom sector revenue expected to rise 15% in FY21 on higher ARPU: COAI

The industry's revenue, Kochhar said, will grow at 14-15 per cent in FY21, led by some improvement in average revenue per user

Tata Sons makes Rs 16,439 crore provisions for telecom business

For the fiscal year, at the consolidated level, the company's profit after tax has come down to Rs 10,916 crores from Rs 28,463 crores, mainly due to an increase in exceptional items

Jio unlikely to increase tariffs the way incumbent operators are thinking

Bharti Airtel's Sunil Mittal says that, to his mind, Average Revenue Per User or ARPUs need to hit Rs 300, or double Airtel's current figure, if the industry is to stabilize

Accelerating domestic output of telecom gear in strategic interest: Trai

India is evaluating whether Huawei and ZTE should be kept out of upcoming 5G trials, though a final decision on the issue is yet to come

AGR case: SC seeks details of spectrum sharing between RCom, Reliance Jio

Spectrum is a government property, not private, and anyone using it is liable to pay the dues, the apex court said

Telecom firms evolving into digital networks a positive sign: Trai chairman

Large telecom companies are using artificial intelligence, big data and machine learning in a significant way already to improve services and optimise resources, R S Sharma said

SC asks Centre to prepare plan for recovering AGR dues from bankrupt telcos

Justice Arun Mishra said: "We want to go into the cause for initiation of insolvency against telcos under the IBC."

Telecom can't afford duopoly: Jindal asks govt to ensure Voda Idea survives

Vodafone Idea's net worth has completely eroded and it faces Rs 58, 254 crore adjusted gross revenue liability

Telcos defy Covid-19, see strong revenue growth on higher data usage: Fitch

Revenue market share continues to consolidate with Reliance Jio and Bharti Airtel as Vodafone Idea loses 10 million users per quarter

Voda Idea's loss jumps 4 times to Rs 25,460 cr in Q1; revenue falls 5.4%

The result indicated the impact of the Covid-19 pandemic and the lockdown, but its overall performance was weighed down by financial stress

Having invested billions in India, Huawei treads an uncertain path

The Chinese telecom equipment company is determined to stay put in India

India's top telecom stock Vodafone Idea is also the biggest money loser

Although Vodafone Idea Ltd. hasn't made a profit since 2017, its shares have more than doubled in the past three months