Says Trai move to freeze schemes without reason, merit
Airtel, Vodafone Idea, Jio stitch up alliances with streaming platforms in a bid to deepen brand associations and loyalty, in a time of crisis
The TDSAT is expected to hear the Vodafone Idea case on Tuesday.
BSNL is in the process of upgrading its network to 4G and BTS that facilitates wireless communication plays a crucial role in it.
Murmurs of big tech investments in Indian telcos have stirred up the telecom sector. These big tech-telco combinations are a threat as much as they are an opportunity
The major private operators - Reliance Jio, Bharti Airtel, and Vodafone Idea - are procuring their 4G equipment from multinational companies, such as Nokia, Ericsson, ZTE, Huawei, and Samsung.
The telecom sector body had earlier voiced against the spectrum auction due to financial stress in the sector
Kapil Sibal said that the telecom companies do not have the capacity to participate in spectrum auctions especially after the Covid-19 outbreak
Top line gets boost in March qtr as more people work from home
From FMCG market likely to witness slump, DoT asking telcos to list out spectrum demands to analysts predicting GDP fall to 3-decade low, Business Standard brings you top headlines of the day
With people staying at home, data usage has grown considerably and telecom networks are feeling the pressure
Industry body COAI on Friday said the government is well aware of implications of leaving the stressed telecom sector without a relief package, as it urged policymakers to use "tools" available to find appropriate solutions expeditiously. "The industry is in urgent need of relief measures, and we urge the government to come up with appropriate solutions expeditiously and resolve the matter," Cellular Operators' Association of India (COAI) Director General Rajan Mathews said. On Wednesday, the apex court rejected the telcos' self-assessed adjusted gross revenue (AGR) dues and ordered them to pay the principal together with interest and penalties. It stated that non-payment of dues would tantamount to contempt of court. "The government can exercise the tools that are available and move forward on that basis," Mathews said. Telecom companies such as Bharti Airtel, Vodafone Idea and Tata are in a bind as their combined self-assessment of dues to the government are a whopping Rs 82,300
The IBA's request highlights the roadblocks in resolving stress assets in this sector under the IBC
Telcos said that DoT units asked for call data records for specific routes in Delhi with residences of Ministers, Members of Parliament, Judges and important offices
Vodafone Idea surged as much as 23.5 per cent to Rs 4.94 on the BSE while Bharti Airtel was up 2.46 per cent to Rs 508.5
The telcos said that data prices should be regulated keeping in mind the financial health of the sector
Company uses around 180,000 towers with various vendors
Members of the DCC refused to comment on the discussions held during the two-hour meet. More details are required for reconciliation of AGR data, sources said
Paytm Payments Bank, which also houses the Paytm wallet, recently filed an FIR against fraudsters
However, no deadline has been given to companies to submit the supporting documents