Page 37 - Telecom Sector

AGR verdict: Vodafone's future in India uncertain amid setback, says CEO

Read said Vodafone was not committing any more equity to India and the country effectively contributed zero value to the company's share price

Moody's rating action and the Rs 28 trn revenue push

Penalising banks for past actions is not the best way to make the financial markets work better

5G gambit: Cisco focuses on telecom segment, sees big opportunity in India

By some estimates, setting up 5G networks would require $70 billion worth of investments in India.

DoT examines impact of SC order on AGR beyond telecom firms: Report

A DoT official privy to the development said instructions have gone to the licencing wing to carefully examine the implication of the apex court's recent ruling for all such companies

Telecom body seeks removal of IUC on mobile calls in the interest of poor

Trai had proposed to move from the current IUC regime to the BAK (bill and keep) regime where no operator will charge for mobile call transmission, from January 1, 2020

Hope govt takes a 'balanced approach' to AGR issue, says Bharti Airtel

Senior leadership of Airtel said the company is hopeful that the government will take a "balanced approach" on the AGR

Vodafone Idea reaches out to lenders for debt revamp as losses mount

The distress at India's No. 2 phone operator deepened last week after the nation's top court ordered it to pay about $4 billion in past dues, dealing a fresh blow to the struggling business

India's telecom sector is staring at decimation, thanks to state action

The Supreme Court has ordered the companies to pay the government not just the dues but a hefty penalty -- as well interest on both

Letter to BS: Govt, regulator must look for ways to protect telecom sector

The telecom industry is going through its worst crisis ever

Spectrum cost, dividends drying up cash flows for SE Asian telcos: Moody's

The agency expects these trends to continue through at least 2021, and does not see telecom companies generating enough cash to pay down debt and reduce elevated leverage

DoT seeks relief for BSNL, MTNL once again, but with fewer demands

Dept has apparently sought funds for VRS schemes of the two firms and allotment of 4G spectrum, proposes to raise finances via asset monetisation

Good news for Jio users: No need to buy top-ups to cover increased tariff

The telco has announced three new plans that come bundled with the 6-paise-per-minute charge imposed on voice calls to other networks, so subscribers will not have pay anything additionally

Seasonal impact: Telecom companies may see flat ARPU growth in Q2

Telecom results will be flagged off with Reliance Jio announcing its numbers on Friday

Crossed wires

The noise over call tariffs and interconnection usage charges drowned out issues related to customer choice at the India Mobile Congress

CCI to conduct study on telecom sector amid changing market dynamics

Competition Commission of India (CCI) has started the preparatory work for the study about the telecom sector and it is expected to commence in November, says chairman

Tata Communications names Amur Lakshminarayanan as MD, Group CEO designate

Lakshminarayanan comes with 35 years of experience in a broad range of leadership roles across industries and regions across

New FDI norms: Govt plans mega meet to fast-track Make in India

Telecom and IT minister Ravi Shankar Prasad has invited all stakeholders in the handset industry for a meeting next month to clear any doubts on the contract manufacturing policy, says sources

A wake-up call for DoT

Exit of the smaller firms, RCom going into bankruptcy, huge losses of incumbent firms, mounting debt and stressed bank assets

Reliance Jio looks to heat up cloud business, sets sight on 10 mn MSMEs

Company plans to bring 5 million retailers and kirana stores on cloud

SoftBank in talks to buy stake in Bharti Airtel's telecom biz, other assets

Talks are in initial stages for direct or indirect holding in telco or other assets