Page 28 - Telecom Services

BSNL gets Centre's nod to sign Rs 26,821 crore 4G deal with TCS: Report

Tata Sons' unit Tejas Network will manufacture the equipment locally for BSNL

Vodafone may have to raise tariffs to meet a Rs 6,400 cr shortfall by Sept

Goldman Sachs said Vi would need a sharp capital raise or a tariff increase to remain competitive. It is the only telco which has not yet given a timeline to launch its 5G services

Call on hold

Vodafone Idea's debt conversion should not be delayed

No word from DoT on dues' conversion since April: Vodafone Idea CEO

In an analyst call following the release of Vi results, CEO Akshaya Moondra said the company is trying to quickly close funding talks with banks so that stuck vendor payments can be quickly addressed

Vodafone Idea Q2 loss widens to Rs 7,595 crore on higher expenses

Gross revenue in the second quarter of FY23 increased by 12.8 per cent YoY to Rs 10,614 crore

5G: 90% telecom sector firms may hire professionals in December quarter

The intent to hire professionals in the telecom sector has improved in the December quarter when compared to the preceding quarter, according to the TeamLease report.

To improve ARPU, telcos to hike tariffs more frequently in FY23: Report

Reliance Jio is most likely to lead the hikes as it is now focussing on profitability and aims to launch an IPO in next couple of years

Indian iPhone users may get to use 5G services starting next week

Apple Inc made the commitment at a meeting of key mobile device makers called by the DoT on Wednesday

Empowering Gati Shakti

Done the right way, the smart platform for infrastructure planning and execution could lead to tremendous productivity benefits

What is the indigenous 5G testbed?

The govt has decided to offer free use of indigenous 5G testbed to recognised startups and MSMEs till January. It will help them validate their products. Let us find out more about it

4G, revenue growth help Bharti Airtel post 89% rise in net profit

The firm is currently carrying out beta trials of the 5G service in eight cities nationwide, has now seen eight consecutive profitable quarters

Airtel Q2 revenue may grow 21% YoY; Vodafone could lose 4 mn subscribers

Telecom Q2 preview: Bharti Airtel is expected to add around 2 million overall subscribers this quarter, taking the tally to 329 million

Parliamentary panel raise apprehensions over draft telecom Bill provisions

Members of the parliamentary panel on IT on Friday expressed apprehensions about some provisions of the new draft telecom bill and sought details from the Telecom Ministry about how the law will ensure data safety and privacy, sources said. The Parliamentary Standing Committee on Information and Technology chaired by Shiv Sena MP Prataprao Jadhav met here for the first time after it was reconstituted and deliberated upon the draft telecom bill -- circulated for stakeholder comments last month. Top officials of the Telecom Ministry were present in the meeting and MPs across party lines raised questions about data safety and the privacy provisions in the proposed legislation and sought written reply from the ministry, sources said. Some MPs also asked about the future role of the Telecom Regulatory Authority of India (TRAI) as the proposed bill's provisions might reduce the regulator's powers, sources said. A few members suggested that the bill gives the administration overarching ..

Indus Towers accepts Vodafone Idea's payment plan for its dues

Indus Towers posted a net profit of Rs 872 crore in the second quarter of the fiscal year (FY2023) on a revenue of Rs 7,967 crore

Govt target of 10K new 5G towers per week is far off, say industry sources

Industry executives say the availability of 5G radios, environmental conditions and approval process is dictating the pace.

Indus Towers to raise Rs 2,000 crore via NCDs after weak Q2 result

The fund raise was approved by the company's board of directors following the second quarter FY 2023 result which saw 44 per cent year on year drop in net profit to Rs 872 crore.

Govt unveils new policy reforms for satellite communication services

The government on Wednesday unveiled new policy reforms for satellite communications services to ease procedures and streamline clearances to expedite the rollout of Satcom across the country, especially in remote areas. Telecom Minister Ashwini Vaishnaw exhorted the industry to increase tower deployments for a speedy 5G rollout. The current pace of tower deployment needs to increase from 2,500 towers a week to 10,000 towers per week, he said. The government has done its bit in ushering in reforms, and it is now up to the industry to show its commitment, the minister added.

OTT apps: COAI bats for 'same service, same rules' under draft telecom Bill

Industry body argues for 'same service, same rules', says current disparities give OTT players privileges but not responsibilities

'Telcos may see steady Q2 as SUC saving aid margins; 5G updates key focus'

Telecom companies are expected to witness "steady" revenue growth in Q2FY23 with slight sequential uptick in average revenue per user albeit softer net additions, while SUC (spectrum usage charges) savings are seen lifting margins, say analysts. Amid mega 5G network deployments by telcos, market analysts will be keenly tuning in to management commentaries on pace of roll-out for next-generation services, capex outlook and markers on tariff hikes. "We expect Indian telcos to report a steady quarter with stable ARPUs and slowing net adds. Margins would be higher q-o-q as we get 45-50 days benefits of lower SUC," BofA Securities said in its Q2 earnings preview for the sector. India's largest telecom operator Reliance Jio is expected to come out with its Q2 report card on October 21 (Friday), while Bharti Airtel is scheduled to announce its results on October 31. In the earnings' preview for the sector, ICICI Securities anticipated "steady revenue growth" and said margins may jump on .

BSNL has worst call drop rate in 14 of 18 surveyed cities, shows Trai data

Vodafone Idea had the highest data download rates, across both 3G and 4G networks in the most number of cities