Page 2 - Telecos

Global vendors closely monitoring VIL situation, say it's business-as-usual

Global telecom gear makers are keeping a close watch on how things evolve for Vodafone Idea, which is in the grip of an existential crisis, but maintain that it is business-as-usual

Vodafone Idea's pre-tax loss rises 73% to Rs 11,742 crore in March quarter

The telecom firm had posted a pre-tax loss of Rs 6,758 crore in the same quarter last year.

Vodafone Idea pays another Rs 3,354 cr to DoT as part payment of AGR dues

Company owes Rs 6,854 cr as principal amount from FY07 to FY19

Will wait to hear from telecom department on AGR issue: FM Sitharaman

The ministry will look into startups' concerns on the applicability of easing ESOP norms

Budget 2020 has not accounted for telcos' AGR dues: DEA secretary

But receipts from firms stand at a whopping Rs 1.33 trillion for FY21

How the telecom mess got messier

Is there a way out? First and foremost, recognise that we are dealing with issues of solvency

DoT examines impact of SC order on AGR beyond telecom firms: Report

A DoT official privy to the development said instructions have gone to the licencing wing to carefully examine the implication of the apex court's recent ruling for all such companies

Don't bet on BSNL, MTNL's revival

The four-point turnaround plan for the public sector telcos is a set of necessary steps but is far from sufficient

COAI urges govt to prioritise AGR issue, suggest relief in 60 days

With the telecom sector staring at a massive payout following a Supreme Court order, the government has constituted a Committee of Secretaries to work out a financial bailout package

Govt likely to reject telcos' demand for 2-year spectrum fee moratorium

Recently, SC had upheld the government's definition of adjusted gross revenue (AGR) and directed telecom operators to pay up the pending dues that could add up to an estimated Rs 1.33 trillion

AGR verdict: Clock ticking for a 2-horse race and a boost to Reliance Jio

The verdict will also provide a relief to the government, which is reeling under the problem of controlling its fiscal deficit with some extra revenue

SC's AGR verdict will have devastating impact on telecom firms, say experts

Stakeholders upset, given India's telecom tariffs are among lowest in world

Telecos don't want internet telephony to succeed, says Directi CEO

Internet telephony can reduce the cost of voice calls by 60 per cent but no mobile operator has launched the service because of a vested interest in protecting their top line, Bhavin Turakhia, co-founder and chief executive officer, Directi, said.He said barring Reliance Jio, R-Com and BSNL, no mobile operator has shown interest in internet telephony because it would result in cost reduction for voice traffic by up to 3 times, forcing competitive price reduction and a reduction in top line revenue of their business.Turakhia, whose firm Vmobi Solutions got a telecom service providers (TSP) licence for access services in February for the Mumbai circle, plans to launch internet telephony. But the firm is facing resistance from incumbent telecom operators that are trying to create confusion over internet telephony."The incumbent operators are not allowing internet telephony in India … and they are doing their best to bring in potential arguments to kill it permanently," Turakhia said. Mo