Analysts see three big players with market share of 30% each after 12-24 months
The Indian telecom industry is locked in an intense tariff war following entry of Reliance Jio
At present, telecom companies pay an average of 8% of adjusted gross revenue (AGR) as licence fee
However, the company said the mergers will lead to short-term tanacies
IMG was set up to examine issues affecting viability and repayment capacity of telecom companies
The telecom industry's outstanding debt was to the tune of Rs 4.5 lakh crore
To revive the health of telecom sector in India
A bank official said SBI's exposure to telecom companies is in the range of Rs 80,000 crore
It will also recommend policy reforms and strategic interventions for the telecom sector
Telecom ministry needs to rethink its policy
The Indian telecom market is second-largest in the world after China in subscriber base
Telecom sector has a debt of about Rs 4.6 lakh crore
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 ...
Where we are vs where we need to be
With 5G technology, the infrastructure sector will catch up and add a plethora of opportunities
The telecom sector is already reeling under a debt of Rs 4.25 trillion
The deductions will be allowed for payment made to acquire spectrum. Actual payment will be considered irrespective of the method of accounting
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
Sinha said that the telecom sector's history has been glorious and it has been a success story
The six service providers are Bharti Airtel, Vodafone, Aircel, Reliance Communications, TATA Tele and Idea