Page 12 - Telecom Companies

TRAI notifies changes to interconnection rules for fixed-line networks

The term 'interconnection' refers to commercial and technical arrangements under which telecom service providers connect their equipment, networks, and services to enable access to other networks

Vodafone Idea defaults on rental, energy payments for June to tower firms

According to a senior executive of a telecom tower firm, Vodafone Idea cited payment of adjusted gross revenue (AGR) to the government and the resultant cash flow problems for the default.

Reliance Jio, Airtel preparing to cash in on online gaming boom in India

Online gaming, that was a $1.9 billion industry in India in 2019, can well be on track to grow at a 35 per cent compounded rate (CAGR) to hit $8.4 billion by 2024

In a major relief, govt raises BSNL borrowing limit to Rs 39,713 crore

The approval is the key to BSNL's turnaround plan, which includes setting up a 4G network so that it can compete with private competitors.

Telecom companies need another round of tariff hike, say analysts

Any tariff hike is possible only if there is collective effort on the part of all telcos, says research firm Motilal Oswal

BSNL scraps 4G equipment tender to keep Chinese companies at bay

BSNL is in the process of upgrading its network to 4G and BTS that facilitates wireless communication plays a crucial role in it.

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.

DoT sets stage for spectrum auctions this year; MSTC selected as auctioneer

Given the high possibility of operators shying away from participation, the DoT is yet to decide on including the premium 5G spectrum in the tender.

Ensure time-bound registration of entities for bulk SMSes: Trai to telcos

For registration of government entities, it has allowed a simple procedure for their provisional registration for the time being

Explained: How Vodafone Idea can survive in the three-pronged battle

Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues.

AGR case: SC orders telcos to file balance sheets of past 10 years

In its affidavit, Bharti Airtel on Thursday told the court it had paid a substantial part of its AGR dues, seeking 20 years to pay the rest.

Top headlines: SC on AGR dues, PM Modi on becoming self-reliant, and more

From SC directing telecom companies on AGR dues to the decline in May auto sales, here are the top headlines of the day

Voda Idea, Bharti Airtel fall, PSUs mixed post SC observations on AGR issue

Among the major highlights of the hearing were Supreme Court's direction to the Department of Telecom to reconsider demands raised against the PSUs

Sterlite tech says manufacturing capacities now close to pre-Covid levels

The company, which designs and deploys high-capacity converged fibre and wireless networks, said it is taking all precautions to ensure safety of workers at its sites

Vodafone Idea stock jumps 35% on report of possible stake sale to Google

Analysts, however, say a 5 per cent sale will not help much given the cash burn and rising debt

Paytm moves Delhi HC claiming telcos not stopping 'phishing' over networks

It has further contended that under the statutory regime it is the telecom companies responsibility to prevent such fraud and deter the fraudsters through blocking and/or financial disincentives

Icra expects moderate participation in spectrum auctions up to Rs 60,000 cr

The Centre has budgeted Rs 1.33 trillion as non-tax receipts from the telecom sector for FY2021

Telcos in deep trouble, spectrum auction won't help in raising funds: Sibal

Kapil Sibal said that the telecom companies do not have the capacity to participate in spectrum auctions especially after the Covid-19 outbreak

Voda Idea's viability remains clouded despite near-term liquidity support

'Longer term viability of VIL continues to remain under cloud,' noted Credit Suisse in a report

Telcos will not need major overhaul for on-ground services, says COAI

COAI said industry will continue with arrangements that were in place for the first lockdown period