Telecom service providers' gross revenue declined by 2.64 per cent to Rs 69,695 crore in December 2021 quarter, according to the latest data published by the telecom regulator Trai.
The Department of Telecom has asked telecom operators to withdraw all COVID pre-call announcements and caller tunes.
An accommodative approach can provide greater gains
Telecom players have demanded up to 95 per cent cut in reserve price for spectrum in mid-frequency range
The telecom sector wants the government to suspend universal service obligation fund (USOF), which financially supports rollout of telecom services in the rural area
Reliance chief Mukesh Ambani proposed five ideas, including making 5G rollout a national priority, affordability of devices and applications and quicker fibre rollout
The Telecom Regulatory Authority of India took a strong note of telecom service companies not providing outgoing SMS facility in certain pre-paid vouchers
Indian telecom companies are now strongly focusing on improving average revenue per-user (ARPUs)
Bharti Airtel, Vodafone Idea, and Reliance Jio get 3 months to inform DoT on equity conversion
It has also given 90 days' time to the operators to indicate if they want to opt for converting the interest amount pertaining to the moratorium period into equity
COAI said spectrum reforms notified by government including removal of financial bank guarantee requirements, and scrapping of SUC for future auctions would ease financial burden on operators
DoT had recently issued demand notices to both the telcos to pay cumulative Rs 3,050 crore in penalties in three weeks' time for violating norms by denying Reliance Jio PoIs way back in 2016
Ambrish Jain superannuated after 20 years of service
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
Valuation gets a leg-up after bailout package
The government also accepted taking equity as payment for dues
The telecom reforms announced by government are beginning of a new era for sector as well as for boosting investment in the industry that is reeling under debt burden, leading sectoral players said
Telcos offering segmented tariff offerings has been a bone of contention for a while
Users and service providers are swimming against the tide even after the abolition of retro tax
Overall telephone subscribers in India rose from 1,198.5 million at the end of May 2021 to 1,202.57 million the following month, up 0.34%