This could be a good first step towards a real transformation
Recovery of one-time spectrum charges to be reconsidered
The demonstration took place in Bhaipur Bramanan village on the outskirts of Delhi-NCR
Angry protests by domestic companies force telecom dept to put its formula, welcomed by foreign companies, on hold
Underperformance may continue on price hike delay, launch of JioPhone
Among sectors, the BFSI sector can throw up a positive surprise for the investors in terms of performance and the ensuing guidance
As of now, there's no clarity on whether the government stake would be limited to 26 per cent or if it could go up much further
The telecom package is expected to reduce its cash flow for the next four years of the moratorium by around Rs 1.1 trillion
Telcos want enterprise service providers to come under the licensing and spectrum auctioning regime but the lobby for a light-touch regime is pushing back
The 5G auction would include 3,300 MHz to 3,600 MHz bands along with the milimetre waves
The telecom relief package has offered the ailing telecom service provider only a breather; it will have to earn its way to the longer-term policy benefits
The government budgeted Rs 1.33 trillion as non-tax revenues from the telecom sector in 2020-21, but only Rs 34,000 crore could be realised
Telecom reforms have paved the way for all players to come together and work as a team to unleash India's telecom dream, he said
Nifty adds 139 points and ends session at 17,519, up 0.8 per cent. Both the indices surpass their previous record close made on September 9
The government also accepted taking equity as payment for dues
The government has always maintained the telecom sector should not become a duopoly and at the same time the relief measures should not be given to one company
It's now for the telcos to strengthen their finances
Matters are also a bit complicated since Telecom Secretary Anshu Prakash is due to retire at the end of September
The government effort in preparing a telecom package is to ensure that the telecom sector does not become a duopoly
'In a do-or-die effort, Mr Mittal's target is an ARPU of at least Rs 200 by the end of this financial year', says the author