Sector experiencing financial stress due to debt burdens and low average revenue per user
Offering stake to its vendors will allow Vi to partially clear outstanding dues
The government has issued an advisory to satellite television broadcasters to seek authorisation from India's space regulator IN-SPACe for using non-Indian satellites from April 1 next year. In May, the Indian National Space Promotion and Authorisation Centre (IN-SPACe) issued Norms, Guidelines and Procedures (NGP) for the implementation of the Indian Space Policy-2023 which states that only IN-SPACe authorised non-Indian satellites will be allowed to provide services in the country. "With effect from April 1, 2025, only IN-SPACe authorised non-Indian satellites/constellations in any of the frequency bands shall be permitted to enable provisioning of their capacity in India, the advisory issued by the Ministry of Information and Broadcasting said, quoting the relevant section of the NGP document. The existing arrangements/mechanisms/processes for provisioning of capacity in any of the frequency bands (C, Ku or Ka) from the Non-Indian Satellite operators can be extended till March 31
Consistent rise in mobile business, subscriber gains to help the two telcos
Telecom gear sales crossed Rs 50,000 crore, exports at Rs. 10,500 under PLI, DoT said
Monthly prepaid ARPUs have consistently risen for more than six quarters, but the pace has been slow
The Department of Telecommunications (DoT) on Monday announced significant improvements in telecom infrastructure for Amarnath Yatra to ensure seamless mobile connectivity for pilgrims. In collaboration with major telecom operators, including Airtel, BSNL, and Reliance Jio, the infrastructure has been upgraded to provide continuous coverage along the yatra routes, according to an official release. To ensure seamless mobile connectivity, a total of 82 sites (Airtel, RJIL and BSNL) will be active, an official release said. "A total of 31 new sites have been installed along the Yatra routes, increasing the total number from 51 in 2023 to 82 in 2024. This enhancement aims to provide seamless mobile connectivity to the pilgrims and public," it said. The routes from Lakhanpur to Qazigund and from Qazigund to Pahalgam and Baltal are fully covered with 2G, 3G, 4G, including 5G technology, at many places for pilgrims and the public. Further, some key points of SIM distribution centres have
The numbers indicate a steady rise in the revenue share of top two firms across industries in the last ten years leading to a rise in HHI scores
Reliance Jio posted the highest adjusted gross revenue, on the basis of which the government calculates spectrum and licence fee, at Rs 25,330.97 crore while Bharti Airtel saw its AGR grew at sharpest pace in March 2024 quarter, a report by sector regulator Trai said on Thursday. Reliance Jio's adjusted gross revenue (AGR) grew by 10.21 per cent during the latest January-March quarter from Rs 22,985 crore in the same period a year ago. Airtel's AGR grew by 13.25 per cent to Rs 20,951.91 crore in the March 2024 quarter from Rs 15,500.36 crore a year ago. Loss making Vodafone Idea posted a marginal 2.22 per cent year-on-year increase in AGR at Rs 7,370.75 crore from Rs 7,210.63 crore. State-owned BSNL and MTNL posted declines of 4.41 per cent and 13.78 per cent in AGR to Rs 1991.61 and Rs 156.61 crore, respectively. Overall, telecom service providers' gross revenue grew by 3.01 per cent on a year-over-year basis to Rs 87,926 crore and adjusted gross revenue grew by 9.25 per cent in
The near-simultaneous tariff hikes of over 20 per cent by the country's top three telcos will push up core inflation by 0.20 per cent in FY25, a foreign brokerage said on Wednesday. Analysts at Deutsche Bank also upped their core inflation or the price rise, excluding food and fuel, by 0.20 per cent to 3.8 per cent. Apart from the tariff hikes, the below-trend monsoon rains will be another factor that will be of focus from an inflation trajectory perspective, they said. The report said the impact of telecom tariff hikes will start getting reflected from July, and the hikes will alone push the month-on-month core inflation by over 0.85 per cent month on month. "Overall, core inflation will likely rise by 0.20 per cent in FY25 due to the telecom tariff hikes. Consequently, we revise our FY25 core inflation forecast to 3.8 per cent, from 3.6 per cent average earlier," they added. It can be noted that after a hiatus of over two and half years, the telcos announced a price hike of over
The $19 billion merger between Vodafone's UK operation and Hutchison's Three UK is the subject of a Competition and Markets Authority investigation
Says mobile Arpu needs to be raised beyond Rs 300
In the last two rounds of tariff hikes, Vodafone Idea (Vi) in December 2019 and Bharti (Dec 2021) took the lead, while R-Jio was the last one to raise tariffs
Jio's competitors have been clamouring for tariff hikes for months now, and are expected to soon announce hikes of their own
Telco has already deployed Samsung's vRAN tech in 3 circles
The spectrum auction saw the government receive Rs 11,300 crore in bids over seven rounds, with Airtel emerging as the largest overall bidder
This can be done for public safety or during public emergencies
The companies -- China Mobile, China Telecom and China Unicom -- have a small presence in the United States, providing cloud services and routing wholesale US internet traffic
Telecom operators showed interest in four spectrum bands -- 900 MHz, 1,800 MHz, 2,100 MHz, and 2,500 MHz -- as the auction entered the fourth round around 3pm on Tuesday, sources said. Spectrum auction for over 10,500 Mhz mobile services worth over Rs 96,238 crore started at 10 am, an official statement said. "There was activity in four spectrum rounds initially -- 900 MHz, 1,800 MHz, 2,100 MHz, and 2,500 MHz band. Spectrum auction entered the fourth round around 3pm," a source told PTI. It is the 10th spectrum auction since the process for sale of radiowaves started through an online bidding process in 2010. The last spectrum auction was held in August 2022, which, for the first time, included radio waves for 5G services. The Department of Telecommunications (DoT) has initiated the spectrum auction and notice inviting applications was issued on March 8. "The Ministry of Communications announced that the following spectrum bands will go up for bidding in the upcoming auction -- 8
Reliance Jio, Bharti Airtel, and Vodafone Idea are likely to jointly invest Rs 12,500 crore in spectrum purchases, representing around 13% of the total Rs 96,320 crore worth of airwaves on offer