Has communicated this to the telecom dept
Telecom companies are expected to witness "steady" revenue growth in Q2FY23 with slight sequential uptick in average revenue per user albeit softer net additions, while SUC (spectrum usage charges) savings are seen lifting margins, say analysts. Amid mega 5G network deployments by telcos, market analysts will be keenly tuning in to management commentaries on pace of roll-out for next-generation services, capex outlook and markers on tariff hikes. "We expect Indian telcos to report a steady quarter with stable ARPUs and slowing net adds. Margins would be higher q-o-q as we get 45-50 days benefits of lower SUC," BofA Securities said in its Q2 earnings preview for the sector. India's largest telecom operator Reliance Jio is expected to come out with its Q2 report card on October 21 (Friday), while Bharti Airtel is scheduled to announce its results on October 31. In the earnings' preview for the sector, ICICI Securities anticipated "steady revenue growth" and said margins may jump on .
Private telecom operator Reliance Jio toppled state-run BSNL in August to become the largest fixed-line service provider in the country, according to a Trai report released on Tuesday. This is the first time since the beginning of telecom services in the country that a private operator has gained the numero uno position in the wireline segment. According to Trai's subscriber report for August, Jio's wireline subscriber base reached 73.52 lakh while that of BSNL was at 71.32 lakh. BSNL has been providing wireline services since the last 22 years, whereas Jio launched its wireline offering 3 years ago. The wireline subscribers in the country grew to 2.59 crore in August from 2.56 crore in July. The growth was dominated by the private sector, with Jio adding 2.62 lakh new customers, Bharti Airtel 1.19 lakh, Vodafone Idea (Vi) 4,202 and Tata Teleservices 3,769. State-run telecom firms BSNL and MTNL lost 15,734 and 13,395 wireline customers, respectively, in August. The overall telec
As enterprises look at 5G adoption at an accelerated pace with its roll out in India, job postings for telecommunications and 5G have increased by 33.7 per cent in the last 12 months
Bharti Group-backed OneWeb and Reliance Jio have already received DoT's approval for GMPCS licences
Gurgaon-based company is a beneficiary of the government's PLI scheme for IT hardware, telecom
The companies will convey their fears during the consultation process
Adopt high-speed wireless subnetworks of small cells, and a commons approach
CLOSING BELL: Adani Enterprises was the biggest Nifty dragger as it dropped 9 per cent
TRAI has argued that broadcasters are supplying signals of linear channels to OTT platforms circumventing Clause 5.6 of the Uplinking and Downlinking guidelines for television channels
Growing international focus on India's fast growing tele-scammers has led govt to specifically focus on call-based frauds and scams, sources say
5G, fibre-to-home, Bharat Net will lead to demand surge in next 3-4 yrs
Business Standard's opinion pages this week focused on Project Cheetah, Telecom Bill, Ukraine versus the ex-Soviet economies, and much more
"It's a matter of a few days only when the bill will be uploaded for consultation," he said
The Department of Telecommunications (DoT) released the draft Indian Telecommunication Bill, 2022, late on Wednesday
Telecom operators Reliance Jio and Bharti Airtel are not looking at higher tariffs for 5G services during the initial level of launch in metro cities
Move aimed at enabling tracking of goods to ensure they don't end up in replacement market
As many as 32 companies have submitted applications for Design-led Incentive Scheme (DLI) and Production Linked Incentive (PLI) scheme of telecom, according to an official release. The Design-led Incentive scheme has received an "enthusiastic response" from telecom equipment manufacturers, it said. "A total of 32 companies...have submitted applications. 17 of these 32 companies have applied as Design-led manufacturers and remaining as Production linked manufacturers," the statement said but did not give the names of applicants. Production Linked Incentive scheme in telecom sector was launched in 2021. A total of 31 companies are existing beneficiary for manufacturing of various telecom equipment under the said scheme. Moreover, in order to promote the entire value-chain in telecom manufacturing, design-led PLI was launched in June 2022. It provided additional incentive of 1 per cent over and above the existing incentives for products that are designed in India. The application wi
Stocks to Watch: Blackstone Inc. is seeking to raise as much as Rs 3,180 crore ($400 million) through the sale of shares in Indian automotive component maker Sona Comstar
Ericsson will make 5G radios and microwave equipment at Pune plant; Nokia has been enhancing staff skill sets over past 3-4 our years