Page 35 - Telecom Services

Airlines again warn of potential disruption from new 5G wireless service

The airline industry is raising the stakes in a showdown with AT&T and Verizon over plans to launch new 5G wireless service this week, warning that thousands of flights could be grounded or delayed if the rollout takes place near major airports. CEOs of the nation's largest airlines say that interference from the wireless service on a key instrument on planes is worse than they originally thought. "To be blunt, the nation's commerce will grind to a halt" unless the service is blocked near major airports, the CEOs said in a letter Monday to federal officials including Transportation Secretary Pete Buttigieg, who has previously taken the airlines' side in the matter. AT&T and Verizon plan to activate their new 5G wireless service Wednesday after two previous delays from the original plan for an early December rollout. The new high-speed 5G service uses a segment of the radio spectrum that is close to that used by altimeters, which are devices that measure the height of aircraft .

Telecom gear maker HFCL's third quarter profit falls 5% to Rs 81 crore

Revenue declined 4.86 per cent during the quarter

Telcos seek refund of Rs 35K cr input tax credit, GST waiver on licence fee

The telecom sector wants the government to suspend universal service obligation fund (USOF), which financially supports rollout of telecom services in the rural area

What happens if Vodafone Idea is unable to repay govt in four years?

The question of what happens if the telco is unable to repay the government in four years remains unanswered

VIL's equity plan gives some breathing space but woes far from over

Significant rise in ARPU needed to ease debt worries

Reforms helped investor concerns; to continue fundraising plans: VIL CEO

The slew of reforms announced by the government have helped assuage investor concerns in the sector, and Vodafone Idea expects to continue its fundraising plans, VIL CEO Ravinder Takkar said.

Bharti Airtel drops plan to merge digital assets into listed arm

According to its original plan, Airtel Digital was supposed to fold into the listed entity

HFCL gets approval as 'Trusted Source' for telecom providers from NSCS

With this nod, HFCL has become the 'Trusted Source' for all Indian telecom service providers (TSPs) for sourcing their active network products and infrastructure

Bharti Airtel picks up 2.8% stake in software development firm Vahan

Airtel hopes to conclude the transaction by June next year

Salaries of BSNL, MTNL staff paid till November: MoS Communications

For BSNL and MTNL, stiff competition and absence of 4G services (except in a few locations for BSNL) are eroding their competitive strength, the minister said

Telecom dept to deactivate extra SIM of subscribers beyond 9 connections

The Department of Telecommunications (DoT) has issued an order to re-verify the SIM of subscribers holding beyond nine connections across India and six connections in the case of Jammu and Kashmir, North East and Assam and disconnect in the case of non-verification. The subscribers will be given the option to choose the connection they want to retain and deactivate the rest of the connections, according to the order issued on December 7. "If during the data analytics carried out by DoT, it is found that an individual subscriber is having more than nine mobile connections (six in the case of J&K, NE and Assam LSAs) across all the TSPs (telecom service providers), all the mobile connections will be flagged for re-verification," the DoT order said. The order comes from DoT to check incidence of financial crimes, pesky calls, automated calls and fraudulent activities. The DoT has asked telecom operators to remove all the flagged mobile connections from the database that are not in use

Keep hands off USO fund, it's our money: Telecom firms to satellite players

The USO fund was set up by the government in 2003 to provide a subsidy for inclusive communication growth.

5G testbed likely to be rolled out in early January: Telecom Secretary

The government is planning to roll out 5G testbed in early January to enable small and medium enterprises and other industry players to test their solutions on a working platform

Open to suggestions on telecom regulatory framework, reforms: Vaishnaw

The minister invited views of telecom players to spread digital connectivity across the country

Won't be able to meet targets, extend PLI by a year: Telecom gear makers

Some of the companies have made it clear that they will not be able to meet their stiff incremental investment and production targets for the first year

Tariff hike by telcos to improve sector's revenue, cash flow: Analysts

Indian telecom companies are now strongly focusing on improving average revenue per-user (ARPUs)

Spectrum costs will drive up debt for some Asia-Pacific telcos: Moody's

Moody's explained that despite an increase in debt, deferred spectrum payments have limited immediate impact on operators' liquidity and cash flow

Sensex ends off day's high, up 154pts, Nifty 28pts; RIL, IT stocks gain

The broader indices lagged in trade on Monday. The BSE Midcap and Smallcap indices ended with losses of 0.9 per cent and 1.9 per cent, respectively

Want to break stereotypes of streaming platform content: Lionsgate's Jain

Our biggest competitor is good content. We intend to tell stories that are engaging and interesting, said Jain

T-Mobile to pay $20 million after outage led to failed 911 calls

T-Mobile agreed to pay $19.5 million in a settlement with the Federal Communications Commission over a 12-hour nationwide outage in June 2020 that resulted in thousands of failed 911 calls.