Page 36 - Telecom Services

VIL's position to remain tough till meaningful capital infusion: Report

The Credit Suisse report expects Airtel to be 'well placed' in either of the scenarios, of two-private-operator sector, or three private operators post an industry repair

Telecom needs 'long overdue' support for 3+1 structure: Sunil Mittal

Airtel to scale up investments in data centres, Cloud services, cyber security

Huawei to invest $100 million to boost start-up ecosystem over next 3 yrs

Chinese telecom gear maker Huawei on Tuesday announced that it will invest $100 million in Asia pacific start-up ecosystem over next three years.

Analysts expect Bharti Airtel's Q1 profit to halve QoQ; stable ARPU likely

The company had posted a consolidated net profit of Rs 759.2 crore in the March quarter of FY21 (Q4FY21), while it had incurred a loss of Rs 15,933 crore in the year-ago period

India's 5G space booming with global, domestic players pitching in

India's 5G dreams may have been delayed amid the pandemic but this has not been able to detract the equipment makers from engaging in terms of equipment manufacturing and network development.

Matrix bullish on e-SIM business; to keep focus on medical device vertical

International SIM seller Matrix Cellular is bullish on growth in business due to adoption of e-SIM overseas, and expects 30-40 per cent year-on-year jump as foreign travelling opens up.

COAI warns mobile users against fraud messages, calls relating to KYC

COAI cautioned that mischievous elements are sending fake messages and calling people, threatening to block SIM cards.

Airtel loses 4.6 mn mobile subscribers in May, Jio adds 3.5 mn users: Trai

Both Airtel and Vodafone Idea suffered massive subscriber losses in May.

Jio's Rs 75 entry-level plan may gain as Airtel stops Rs 49 prepaid offer

Telecom operators are aggressively making a bid to push entry-level users to higher-paying plans

Route Mobile's profit after tax jumps 27.4% to Rs 34.32 cr in June quarter

Route Mobile on Wednesday posted a 27.44 per cent jump in consolidated profit after tax to Rs 34.3 crore for the first quarter ended June 30, 2021, according to the company's regulatory filing.

Signals of revival

Telecom sector faces the risks of a duopoly

AGR case: Telcos' plea rejection does not go well for sector, says Icra

The rejection of telcos' pleas seeking re-calculation of AGR related dues does not bode well for a recovery in the sector

Telecom firms staring at possibility of excess backhaul spectrum fee

Currently, DoT allocates airwaves by administered price mechanism

Verizon results beat estimates as 5G push attracts more customers

Verizon added 275,000 postpaid phone subscribers in the second quarter, above FactSet estimates of 174,800, as the reopening of its stores also helped drive subscriber growth.

Analysts expect 'muted' June qtr for telcos amid lower subscriber additions

Analysts have predicted a muted June quarter for telecom companies due to slow smartphone sales amid lockdowns, free recharges and moderate subscriber additions

Mobile subscriber additions muted in Apr due to Covid lockdown: Analysts

The telecom sector's mobile subscriber net additions moderated to about 2.2 million (22 lakh) in April this year, with analysts blaming the 'muted' numbers on the second wave of COVID and lockdowns. After a strong fourth quarter of 2020-21, where the industry added 27.2 million subscribers, April was a "weak month" with only 2.2 million net additions, UBS said in its report on Tuesday. "We attribute this to the beginning of the second wave of COVID," a UBS note said. As per data released by Telecom Regulatory Authority of India (TRAI), Bharti Airtel added only 0.5 million (5 lakh) subscribers in April, against 4.8 million net additions by larger rival Reliance Jio. Troubled Vodafone Idea Ltd (VIL) shed 1.8 million subscribers in April after showing some improving momentum in February and March. While Jefferies' report observed that the sector's reported subscriber additions had "moderated" to 2 million due to lockdowns, a note by ICICI Securities said user addition had slowed on .

DoT for Rs 10k fine on every call, SMS by pesky callers after 50 violations

The DoT has proposed to further tighten the noose on pesky callers by imposing a Rs 10,000 penalty for every call and SMS made by telemarketers after 50 violations, according to an official source.

Recharge now, pay later: Jio launches 'emergency data loan' facility

The emergency data loan can be availed through MyJio App.

Bharti rolls out all-in-one bundle plan 'Airtel Black' to take on Jio

Bharti Airtel said it will provide dedicated relationship managers with a 60-seconds call pick-up facility.

Confident that funding will take place in coming weeks: Vodafone Idea CEO

VIL had reported narrowing of consolidated loss to about Rs 7,023 crore for the quarter ended March 2021, mainly on the strength of cost optimisation.