Page 14 - Telecom

Telecom relief package likely to cost Rs 14,000 crore to govt in FY22

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

Bharti Airtel chairman Sunil Mittal dials Voda, Jio to strike synergy note

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

Markets hit fresh highs as telecom, PSU stocks gain, Sensex near 59K

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

Big breather for Voda Idea as govt clears relief package for telecom sector

The government also accepted taking equity as payment for dues

Govt responds to telco SOS, okays 4-year moratorium on AGR dues payment

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

The right call

It's now for the telcos to strengthen their finances

Telecom package: Discussions between DoT and FinMin at an advanced stage

Matters are also a bit complicated since Telecom Secretary Anshu Prakash is due to retire at the end of September

Cabinet may discuss a relief package for stressed telecom sector today

The government effort in preparing a telecom package is to ensure that the telecom sector does not become a duopoly

A telco's call to action

'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

Telstra launches innovation centres in India to solve challenges in AI, IoT

One of the facilities in Bengaluru will specialise in creating an end-to-end 4G/5G environment where testing of 4G/5G mobile handsets and IoT devices of various OEMs will be done

Preserve competition

Duopoly in telecom will hurt both consumers and govt

Vodafone Idea in talks to refinance over Rs 6,000 crore of its debt

Fall in 4G customers is a concern as Airtel continues to increase its share

Facebook, telecom carriers to expand undersea cable network in Africa

The undersea cable sector is experiencing a resurgence, with Facebook and Alphabet Inc.'s Google behind about 80% of recent investments in transatlantic links.

No sweat for Vodafone Idea 4G customers even if telco goes under

The problem could be Vodafone Idea's 154 million 2G customers

Bharti Airtel, Reliance Jio close Rs 1,004-crore spectrum trading deal

This was the first such deal between the two competitors

AGR dues: Voda Idea cites previous SC orders, urges it to re-hear petition

Last week, Kumar Mangalam Birla stepped down as non-executive chairman of Vi after offering to give up his stake in the telecom company

Vodafone Idea files review petition in apex court on AGR dues

Vi had calculated its remaining AGR dues at around Rs 21,500 crore after making a payment of Rs 7,800 crore

Lenders to debt-laden Vodafone Idea look at swapping debt for equity

Over the years, Vodafone PLC has invested $30 billion in Vodafone India and has written off the entire investment

Bharti Airtel, Reliance Jio gain from debt-laden Vodafone Idea's pain

The two firms' revenue market share has risen 1,300 bps in two years

Voda Plc offers Vodafone Idea stake to lenders and BSNL for free

Vi shares plunge 18% after ABG's offer to hand over 27% stake gratis