Page 41 - Telecom Sector

Reliance Jio vs incumbents: Govt assures telcos of 'corrective steps'

The telecom industry's outstanding debt was to the tune of Rs 4.5 lakh crore

Govt expects telecom sector's health picture to be clear in 3 months

To revive the health of telecom sector in India

Banks express concern over stress in telecom sector

A bank official said SBI's exposure to telecom companies is in the range of Rs 80,000 crore

Inter-ministerial panel to examine financial stress in telecom sector

It will also recommend policy reforms and strategic interventions for the telecom sector

Inconsistency on spectrum

Telecom ministry needs to rethink its policy

Telecom subscribers hit 1.18 bn in Feb: Trai

The Indian telecom market is second-largest in the world after China in subscriber base

RBI asks banks to closely monitor loans to telecom sector

Telecom sector has a debt of about Rs 4.6 lakh crore

While telcos merge, investors rush for tower assets

When number of telecom operators is shrinking the tower infrastructure companies are expected to lose tenants. But now there is an unusual rush to invest in these infrastructure firms. Yesterday KKR and CPPIB bought a 10.3% stake in Bharti Infratel for Rs 6193 crore in third such deal in the last six months where financial or strategic investors are lapping up the tower companies. In December Canada-based Brookfield Infrastructure bought controlling stake in tower business of Reliance Communication for Rs 11,000 crore. And in October American Tower Corporation (ATC) bought a 51% stake in Viom Networks for Rs 7635 crore which included 35% from Tata Teleservices."Telecom operators need cash as they now pay for spectrum at market price through auction so they are monetizing their investments in tower companies," says Manoj Tirodkar, chairman GTL Infrastructure. The Mumbai based telecom tower company is under strategic-debt-restructuring process to be completed in next 12 months with a ...

Shyam Ponappa: Organisational hurdles in telecom sector

Where we are vs where we need to be

Telecom to create around 2 mn jobs this year: Report

With 5G technology, the infrastructure sector will catch up and add a plethora of opportunities

Telcos' revenues may slip 7% post RJio offer, demonetisation: ICRA

The telecom sector is already reeling under a debt of Rs 4.25 trillion

Tax deductions allowed for spectrum expenditure

The deductions will be allowed for payment made to acquire spectrum. Actual payment will be considered irrespective of the method of accounting

For moderate Pre-paid users, Rs 999 recharge hits the sweet spot

The tariff war that started with the entry of Reliance Jio (RJio) in the telecom sector is causing mobile operators to introduce new plans to retain the existing customers

Telco wars: Govt to work without bias, says Telecom Minister Manoj Sinha

Sinha said that the telecom sector's history has been glorious and it has been a success story

Govt will do every bit to recover dues from telcos: Minister

The six service providers are Bharti Airtel, Vodafone, Aircel, Reliance Communications, TATA Tele and Idea

Outlook for telecom sector not so rosy in FY17

India Ratings and Research (Ind-Ra) has revised its outlook on the telecommunications services sector for FY17 to stable-to-negative, from stable. The agency expects the launch of Reliance Jio Infocomm Limited (RJio) to intensify competition, which will squeeze market share, Ebitda (earnings before interest, tax, depreciation and amortisation) margins and credit metrics of incumbents. Ind-Ra expects voice revenues to moderate in FY17 on stagnant minutes of usage (MoU) and further competition in call realisations.The agency expects data revenue to remain stagnant on a 30-40 per cent decline in data realisations/megabyte in FY17, driven by RJio's launch, while support from data consumption growth to average data revenue per user will be gradual.Operators' debt profile would deteriorate in FY17 as the agency expects them to incur high capex on network expansion and acquisition of additional spectrum through trading, largely to compete with RJio.Ind-Ra expects competition to intensify as R