Page 41 - Telecom Sector

Tata Teleservices in talks with ATC to sell tower business for Rs 2,500 cr

ATC TIPL is the second-largest private telecom tower firm in India with a portfolio of around 78,000 mobile towers

Taxes on telecom similar to non-essential items like liquor: Voda Idea CEO

Vodafone Idea has debt of around Rs 1.2 lakh crore. Spectrum related payments account for 80 per cent of the current net debt of the company

Telecom dept sets up insolvency panel to tackle issues faced by telcos

The six-member committee under the chairmanship of member (technical) in the Telecom Commission will look into three key issues

Telecom Q4 preview: Revenue stabilisation, ARPU uptick on cards

Revenue growth for incumbents maybe flat at 1.5 per cent, while Jio is expected to drive up to 11 per cent sequential growth

COAI seeks implementation of new telecom policy from the next govt

The National Digital Communications Policy 2018 proposes to rationalise levies such as spectrum charges to rejuvenate debt-ridden telecom sector

Goodbye freebies

For companies in the telecom and aviation sectors, revenue is a top concern now and will remain so for some time

New war front for telcos: Falling revenues from rising voice calls

According to India Ratings, the outlook for the sector will continue to remain damp in FY20

Consolidation in line with global practice, says Trai chief RS Sharma

Sharma's comments come at a time when the Union government is preparing for the next round of airwave auctions, expected in the latter half of 2019

Telcos added 22.80 million subscribers in July-September quarter: Report

Though the sector is stabilising after a series of exits and mergers, experts feel incumbents may see another round of decline sooner than later as multi-users become single users

26 firms show interest in conducting audit of telcos for FY12-18: Report

The audits will be carried out to check for any under reporting of revenue by telecom companies, an exercise that the DoT expects will be wrapped up by middle of next year

Indian telcos' love for China's Huawei, ZTE continues amid security threats

The global controversy over the security threat posed by Huawei and other Chinese firms has spilled over to India in the form of a battle between service providers and domestic equipment manufacturers

DoT expects to complete process for 5G spectrum auction by August 2019

India's largest telecom operator Vodafone Idea has urged the telecom department not to hold spectrum auction till 2020

Rural focus to drive telecom industry's tower business, says CRISIL

Addition of towers across rural India will also limit the decline in revenues, according to a report by rating agency CRISIL

Birla flags liquidity, spectrum payment issue at meet with telecom minister

Kumar Mangalam Birla, chairman of Vodafone Idea, also expressed concern over Rs 300 bn that is locked up on account of GST payment under 'reverse charge mechanism'

DoT to meet telcos this month over service quality, calls it a big concern

Railway routes between Allahabad to Gorakhpur, Delhi to Mumbai and Jabalpur to Singrauli were covered

Video experience, 4G availability improves substantially in India: Report

The report notes that mobile networks in India are getting faster and faster, consumer habits are changing, and the thirst for video content is now shaping operator strategy

Committees set up to sort issues telcos raised at India Mobile Congress

Bharti Airtel Chairman Sunil Bharti Mittal, at the India Mobile Congress had said that the telecom sector remains highly taxed just like the tobacco industry

Expect 3 more qtrs of losses for telcos due to unsustainable tariffs: COAI

Industry's financial metrics have taken a hit since the entry of Reliance Jio in 2016 which set off a brutal tariff war, forcing older players such as Airtel, Vodafone Idea to cut tariffs

FDI in telecom sector jumped five times in three years: Manoj Sinha

FDI would be the key to unleash the full potential of upcoming technologies like M2M, machine learning, artificial intelligence and internet of things, he says

No endgame to the telecom face-off yet

In terms of revenue market share, Vodafone-Idea holds about 34 per cent, with Airtel at 31 per cent and RJio at 22 per cent