Page 17 - Telecom Services

Amazon breaks Europe's 5G telecoms market through Telefonica cloud deal

The move by the subsidiary of Spanish group Telefonica is a global first where an existing mobile operator is switching its core network to a public cloud

Wi-Fi 6E: What is it and why does the COAI want a ban on these routers?

Indian telecom operators have urged the government to allocate the 6GHz band for 5G, but the broadband services providers want the entire 6GHz spectrum for improving Wi-Fi services

In talks with Vodafone Idea, hopeful of recovering dues soon: Indus Towers

Indus Towers is keen on servicing Vi's expected 4G expansion and 5G rollout

SC's ruling on spectrum allocation won't affect satellite regulations

The SC has refused to accept the plea seeking clarifications on administrative allocation of spectrum

SC refuses to accept govt application on 2012 2G spectrum allocation

Application 'misconceived' and there is no 'reasonable cause' for entertaining it, says court registrar

Motilal Oswal AMC's CIO bets on telecom stocks in tariff hike optimism

The likely tariff increase will help inject new life into a sector that has grappled with cut-throat competition and aggressive policy actions in recent years, said Niket Shah

Trai moots passive infrastructure sharing among telecom service licensees

Regulator Trai on Wednesday recommended that telecom service licensees be allowed to share passive infrastructure, including buildings, towers, electrical equipment and dark fibre, owned and operated by them with all types of telecommunication service licensees. The sector regulator further mooted that telecommunication service licensees should also be allowed to share all kinds of active infrastructure elements owned and operated by them with other telecommunication service licensees as per the scope of their services. The recommendations were part of the Telecom Regulatory Authority of India's (Trai's) views on 'Telecommunication Infrastructure Sharing, Spectrum Sharing, and Spectrum Leasing' released on Wednesday. Trai said the implementation of the recommendations will help telecom service providers with greater cost efficiencies and improved time to market. It would also enable telecom service providers to offer better quality of service and wider coverage. At present, only ..

'Auction route for spectrum to continue, admin allocation in limited cases'

The government will continue to auction telecom spectrum, and the administrative allocation route will be used sparingly, only in those cases where it is technically not feasible to do so or for areas that are strategic in nature, sources said. The Department of Telecom (DoT) is gearing up to hold the next round of spectrum auction on June 6 for eight spectrum bands (800 MHz, 900 MHz, 1,800 MHz, 2,100 MHz, 2,300 MHz, 2,500 MHz, 3,300 MHz, and 26 GHz) meant for mobile phone services at a base price of about Rs 96,317 crore. The spectrum will be assigned for 20 years and successful bidders will be allowed to make payments in 20 equal annual instalments in the coming mega auction. Sources asserted that the spectrum for mobile services will continue to be given through the auction process. As enacted in the Telecom Act, 2023, only a very limited and narrowly defined cases, including spectrum for walkie-talkie for police organisations, radar for weather forecasting, radar and communicat

Vi approves offer price of Rs 11 per equity share for Rs 18,000 cr FPO

Telecom operator Vodafone Idea's (VIL) board has fixed the FPO offer price at Rs 11 per equity share, according to a regulatory filing. The anchor investor offer price of Rs 11 per equity share has also been greenlit by the board. "... Following resolutions were also passed... determined and approved the offer price of Rs 11 per equity share... approved the anchor investor offer price of Rs 11 per equity share," VIL informed. Debt-laden telecom operator Vodafone Idea Ltd has raised Rs 18,000 crore pulling off India's largest-ever follow-on public offering (FPO) as the issue got subscribed nearly seven times after institutional investors poured in money, stock exchange data showed on Monday evening. The fundraise will arm VIL with an ammo to improve its competitive positioning in the Indian telecom market, where it trails Reliance Jio and Bharti Airtel, by a wide margin. "Further to our letter dated 17 April 2024, intimating you about the meeting of the board of directors of the ..

Reliance Jio Q4 results: Profit rises 13.2% to Rs 5,337 cr, revenue up 11%

Reliance Jio Q4FY24 revenue went up 11% to Rs 25,959 crore

Over 50% internet users dissatisfied with data speeds, connectivity: Survey

Despite India's low-cost and expanding internet accessibility, a recent survey found that over half of internet users are dissatisfied with data speeds and experience connection issues. An overwhelming 70 per cent of these users expressed the desire to switch service providers, the survey said. According to the annual broadband survey by LocalCircles, 86 per cent of users in India primarily connect to the internet at home via fiber, broadband, DSL, or fixed-line connection. However, more than half of these users -- 56 per cent -- reported connection disruption or lower speeds than what they were promised or paying for. The survey, which gathered insights from over 70,000 broadband and fiber consumers across 286 Indian districts, revealed that 39 per cent of respondents said the the "speed received is much lower than what we are paying for", while 47 per cent claimed that it took over 24 hours for their service provider to resolve their complaints. As per the survey, "70 per cent ..

Centre to decide on Vodafone Idea's debt conversion after moratorium

The decision to convert principal dues into equity, according to sources, cannot be done automatically

Himachal's Giu gets mobile network for 1st time, PM speaks to residents

Prime Minister Narendra Modi on Thursday spoke to residents of Giu village in Himachal Pradesh's Spiti after the area was connected to the mobile network for the first time. In a more than 13-minute telephonic conversation with them, Modi spoke about his visit to the border region during Diwali and asserted that connecting the village with the mobile network will quicken the 'Digital India' campaign. The government is now prioritising linking all places with the communication technology after meeting success with the electrification exercise, the prime minister said, noting that when he came to power more than 18,000 villages lacked electricity. A villager told him that they could not believe it for a moment when they were told that the area will be connected to the mobile network and their happiness knew know no bounds when it finally happened. They had to earlier travel for around eight kilometres to use their mobile-phones, he said. Modi highlighted his government's efforts to

Ericsson's Q1 profit rises to $394 mn, expects sales to stabilise soon

Its shares were up 6% in early trade, to levels last seen at the start of the month

Bharti Hexacom sparkles on market debut; stock gain 43% at Rs 814

Bharti Hexacom, a subsidiary of Bharti Airtel, provides fixed-line telephone and broadband services primarily in two circles-Rajasthan and North East

Bharti Hexacom makes strong debut; lists at 32% premium over issue price

The debutant has hit a high of Rs 769 so far, with volumes of around 21.2S million shares on the BSE and NSE in opening deals.

Telecom tariff hike imminent, expect 15-17% rise after elections: Report

The telecom industry is expected to take a 15-17 per cent tariff hike post general elections, according to an analyst report that termed the tariff increase in the sector as "imminent" with Airtel as the biggest beneficiary. The general election in the world's largest democracy is scheduled to be held in seven phases between April 19 and June 1, and results will be declared on June 4. "We expect the industry to take a 15-17 per cent tariff hike post the elections," a report by Antique Stock Broking said, as it described the tariff hike as imminent and Bharti as the biggest beneficiary. The last hike of about 20 per cent was in December 2021, it said. Offering a break-up of ARPU (Average Revenue Per User) for India's second largest telco, the brokerage note said Bharti's industry-leading current ARPU of Rs 208 is set to go up to Rs 286 by end of FY27. This will be driven by a tariff hike contributing Rs 55, upgradation of 2G customers to 4G contributing Rs 10, and customer upgradat

Voda Idea gets board nod to raise Rs 2,075 cr from Aditya Birla group

Debt-ridden telecom firm Vodafone Idea on Saturday said its board has approved raising of Rs 2,075 crore from promoter Aditya Birla group and increasing its authorised share capital to Rs 1 lakh crore. The company will seek shareholders' approval at an extraordinary general meeting on May 8 on the proposals, it said in a regulatory filing. The Vodafone Idea board has approved "issuance of up to 1,395,427,034 equity shares of face value of Rs 10 each at an issue price of Rs 14.87 per equity share (including a premium of Rs 4.87 per equity share), aggregating to Rs 2,075 crore to Oriana Investments Pte. Ltd (Aditya Birla Group entity forming part of the promoter group), on a preferential basis," the filing said. The board also approved an increase in the authorised share capital of the company from existing Rs 75,000 crore, divided into Rs 70,000 crore equity share capital and Rs 5,000 crore preference share capital, to Rs 1 lakh crore, the filing said. The increased authorised share

Telecom operator Bharti Hexacom IPO receives bids worth over $8 billion

Investors bid for 1.23 billion shares at a price range of 542 to 570 rupees per share, which was 29.88 times more than the 41.2 million shares offered, data from the NSE showed

DoT secy launches experimental module for 5G labs, grants 1,500 permits

Telecom Secretary Neeraj Mittal on Friday virtually launched an experimental licence module for 100 5G Labs during a workshop at IIT Madras, an official statement said. The Department of Telecom (DoT) has granted around 1,500 experimental licences for 5G labs since the launch of the programme for carrying out trials and testing use cases for 5G services, the statement said. "In a move to smoothen the processes for 100 5G Labs across academic institutions in India, Secretary (Telecom), Dr Neeraj Mittal, virtually launched the experimental licence module for 100 5G Labs during a 5G workshop at IIT Madras. "This initiative aims to simplify the experimental licence requirements for these institutions, facilitating smoother operations and fostering innovation in the 5G domain," the statement said. The licences are being issued on 'self-declaration mode' from the Saralsanchar portal of DoT through National Single Window System (NSWS), the statement said. "To date, about 1,500 licences h