Page 8 - Telecom Sector

Trai issues consultation paper for revising national numbering plan

With a tele-density of 85.69 percent as of March 31, 2024, the regulator expects the current total of 1,199.28 million telephone subscribers to continue rising

Govt directs telecom industry to block incoming international spoofed calls

The government has directed telecom operators to block all incoming international spoofed calls that display Indian mobile numbers, an official statement said on Sunday. The Department of Telecom (DoT) said that it has been reported that fraudsters are making international spoofed calls displaying Indian mobile numbers to Indian citizens and committing cyber-crime and financial frauds. Such calls appear to be originating within India but are being made by cyber-criminals from abroad by manipulating the calling line identity (CLI) and have been misused in recent cases of fake digital arrests, FedEx scams, drugs or narcotics in courier, impersonation as government and police officials, disconnections of mobile numbers by DoT or TRAI officials, etc. "DoT and Telecom Service Providers (TSPs) have devised a system to identify and block such international spoofed calls from reaching any Indian telecom subscriber. Now directions have been issued to the TSPs for blocking such incoming ...

Alcatel-Lucent Enterprise eyes €100 million revenue from India in 3-5 years

Headquartered in Paris, France, ALE has a presence in more than 50 countries globally. In India, the company has around 250 employees

VIL shareholders approve plan to raise authorised share capital to Rs 1 trn

Debt-ridden telco Vodafone Idea shareholders have approved a proposal to raise its authorised share capital to Rs 1 lakh crore and issue equity shares on a preferential basis to promoter group firm Oriana Investments, a regulatory filing said on Thursday. According to the scrutiniser report of the extraordinary general meeting (EGM) held on May 8, all special resolutions have been approved by the majority of the shareholders, with a minuscule percentage of voters opposing them. "All the resolutions mentioned in the EGM Notice....stand passed with requisite majority," the scrutiniser report said. Vodafone Idea (VIL) has sought shareholders' nod to raise companies authorised share capital to Rs 1 lakh crore from Rs 75,000 crore, following its recent Rs 18,000 crore follow-on offering (FPO). The company had also sought shareholders' nod to issue preferential shares worth Rs 2,075 crore to promoter group firm Oriana Investments Pte- an Aditya Birla Group entity.

Vi plans to be 5G ready by FY26-end, raise tariffs in coming quarters

The telco expects to increase its ARPU by continuously upgrading subscribers from 2G to 4G

Analysts wary of Vodafone Idea's falling subscribers, broadband users

'Recent fundraise could have a bearing on subscriber additions '

In the works: Telecom Patent Fund to access costly tech, drive innovation

DoT plans fund to acquire critical licences from global firms for startups and SMEs, boost indigenous R&D

BSNL's 4G subscriber base reaches 800K, 5G rollout likely within 12 months

Though DoT officials were earlier eyeing a 5G launch by the end of the year, the plan has now been deferred to next year

Telecom operators seek ban on illegal WiFi devices running on 6 GHz

The industry body argued that the utilization of such WiFi devices operating in the 6 GHz band will render customers responsible for these unauthorized transmissions, placing liability on consumers

DoT to finalise terms of reference for satellite spectrum in few weeks

TRAI to begin new consultation on allocation of satellite spectrum

Vodafone Idea slumps 9% ahead of telecom company listing new shares

Firm's FPO saw nearly seven times more demand than shares on offer

Strong signal for telecom sector after successful Vodafone Idea FPO

VIL and Airtel have an instant ARPU upside if they can convert voice-only 2G users to 4G (all Jio users are data-enabled)

Long way to go

Vodafone Idea will need more capital infusion

Jio adds 3.59 million users, corners 40% of market share in February

The company's growth has largely come at the expense of Vodafone Idea (Vi), which has been experiencing significant customer attrition for the past 23 months

Growing interest: FMCG, telcos on foreign portfolio investors hot list

Analysts said large part of the flows into the FMCG sector were due to the block deal in ITC, where the British American Tobacco (BAT) sold a 3.5 per cent stake for around Rs 17,000 crore

Vodafone Idea to meet institutional investors in Singapore, Mumbai

The telecom operator is looking to raise Rs 45,000 crore through both debt and equity

Predictable frequency

Annual spectrum auction will help telcos

India Mobile Congress 2024 and other key global telecom events in Oct

Held by the Department of Telecommunications (DoT) and industry body Cellular Operators Association of India (COAI), IMC, in its eighth edition, should see more than 1,000 exhibitors

Telecom spectrum auction for 8 bands starts from May 20, says DoT

10,523 MHz up for sale, reserve price of spectrum is Rs 96,317 cr

Additional Rs 10,000 crore capex spent on OTT: COAI to Finance Ministry

In a letter to Finance Secretary Somanathan COAI said a fair charge charge would lead to Rs. 800 crore additional tax revenues