Page 35 - Telecom Sector

Payment of AGR dues to slash fiscal deficit to 3.5% in FY20: SBI economists

According to the revised budget estimates, the government expects a fiscal deficit of 3.8 per cent in 2019-20

Telcos' AGR dues: Will decide after hearing from DoT, says FM Sitharaman

Addressing a press conference in Bengaluru, Sitharaman said: "In light of court's orders, the department is engaging with telecom companies after the reviews and I will wait to hear from the dept"

Don't hang up

After SC blow, telecom firms need a decisive DoT

Let the telecom sector bloom

A bold policy intervention by the government to bring the sector back to profitability and attract capital investments holds the key to unlock India's $1 trillion digital opportunity

Public sector companies with telecom licence also asked to pay AGR dues

OIL's notices are for 2007-08 to 2018-19 and the Rs 48,000 crore includes licence fee, penalties and interest

AGR case: COAI says govt has vast powers to address telecom sector's issues

Of the three private players, market analysts consider Vodafone Idea to be in the most vulnerable position

AGR dues: Risk of duopoly in telecom higher than before, says analyst

Most of the remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt telecom companies

My Country Mobile bets on telecom in India, looks to promote VoIP products

My Country Mobile offers a one-stop solution for all the telecom needs

Bharti Airtel pitches for healthy telecom sector, Vodafone Idea's survival

Says three players will be healthy for the sector

In unprecedented move, ITI withdraws Rs 1,300-crore FPO over poor demand

The government holds 90 per cent stake in ITI which is valued at Rs 7,550 crore, currently

Telecom: Govt expects to double revenues from license fees, spectrum

According to COAI estimates telcos pay around Rs 16,000 to Rs 17,000 crore as license fee and SUC annually

Budget 2020: No substantial relief visible for telecom sector, says COAI

Mathews said that telecom not being included in the definition of infrastructure was a disappointment for the industry

Govt estimate of revenue from telecom up two-folds to Rs 1.33 trn for FY21

It expects a revenue of Rs 58,686.64 crore under communications head in the current fiscal year against budgeted amount of Rs 50,519.8 in 2019-20.

ITI extends FPO, cuts price band after failing to garner full subscription

So far, the FPO has garnered only 50 per cent subscription

ITI FPO subscribed 9% a day before close; firm plans to raise Rs 1,300 cr

The price band for the FP0 is Rs 72-Rs 77 per share

What various sectors of the economy wants from Budget 2020?

Here are the list of demands from Sitharaman and her budget team across various sectors of the economy

AGR dues: DoT talks tough on deadline, telecom companies sit on the fence

Telcos discuss giving January 24 deadline a miss

SC says pleas by telcos on statutory dues will be heard next week

The telcos said they wanted an open court hearing on their fresh pleas with regard to working out a fresh schedule of payment of their dues

Three telcos to seek urgent SC hearing as deadline to pay dues nears

Bharti Airtel, Vodafone Idea Ltd, Tata group want to negotiate with telecom department on the timeframe for paying dues

Blocking Huawei from rolling out 5G may cause $4.7 bn loss to India by 2035

The Chinese telecom firm, however, has been allowed to participate in 5G trials in India and the Indian government has not taken any stand yet to bar the company from building 5G network.