Page 43 - Telecom Services

Telecom industry urges govt to facilitate funding at lower interest rates

Department of Telecommunications will convey these suggestions to the Finance Ministry for consideration

FDI rises 15% during Apr-Sep to $26 bn; services attract most investments

FDI is important as the country requires major investments to overhaul its infrastructure sector to boost growth

Vodafone Idea mobile customer base drops by 36.3 mn to 336.3 mn in Nov

The telecom operator had reported an increase of 1.89 lakh mobile customers on its network in October

The decade that was best for customers, but worst for telecom firms

As the decade ends, the bloodbath in the market has forced consolidation and closures

Supreme Court verdicts that shook industries like telecom, coal, and mining

This year's record itself is formidable. The telecom sector is still smarting from the impact of the court order to pay Rs 92,000 crore as adjusted gross revenue (AGR) to the government

Mixed signals

IUC extension is welcome, but Trai should take a holistic view

High consumption at rock-bottom tariffs killing telcos: Sunil Mittal

'We are unnecessarily killing this industry in a manner and way that is not conducive for our industry, and that's why we need Trai intervention,' Mittal added

Trai initiates move to fix floor rates for mobile phone calls, data

Trai said comments on floor tariffs are invited by January 17.

Trai extends six paise per min IUC charge to other networks till Dec 2020

The charges were reduced to 6 paise with effect from October 1, 2017 from 14 paise charged earlier and it was to become nil from January 1, 2020.

Brookfield Infra buys Indian Telecom Towers; deal equity value is $3.7 bn

Brookfield Infrastructure is acquiring a portfolio of approximately 130,000 communication towers that forms the infrastructure backbone of Reliance Jio's (Jio) telecom business

Over 26,400 complaints received against telcos by Trai during Nov-Jan: Govt

The government is considering setting up a telecom Ombudsman for addressing consumer grievances, said Sanjay Dhotre in the Lok Sabha

AGR dues: Bharti Airtel seeks shareholders nod to raise $3 billion

The EGM will be held on January 3, 2020.

Bharti Airtel poised to be biggest gainer if Voda Idea decides to shut shop

Focus on postpaid, 2G network, and vibrant enterprise business make Airtel attractive

Trai issues revised MNP process notice; new norms effective from Dec 16

There is no change in the porting timelines for the corporate mobile connections, the Telecom Regulatory Authority of India (TRAI) said

Pricing power

Telcos should not give up freedom to set tariffs

Bharti Airtel to gain at the expense of Vodafone Idea, say Brokerages

Bharti Airtel's board has already approved raising $3 billion through a combination of equity $2 billion and debt $1 billion

Airtel board clears $3-bn fundraising via QIP, other means, to pay AGR dues

The company has clarified that apart from $2 billion through QIP, the overall issuance for now shall be up to $1 billion, making it a total of $3-billion fund raising

Telecom tariff hike expected to benefit sector, boost its financials

Operating profit of Bharti Airtel, Vodafone Idea to increase by Rs 7,000- 9,500 crore

Vodafone Idea will continue to face multiple challenges despite price hike

SIM consolidation, inferior network and negative free cash flows even after hike are the key worries for the market

Vodafone Idea to raise mobile call, data charges from December 3

The company has announced new plans for prepaid product and services with 2 days, 28 days, 84 days, 365 days validity