Page 14 - Telecom Companies

Huawei exec's fate in limbo as Canada court adjourns extradition hearing

US seeks extradition of Huawei chief financial officer Meng Wanzhou, who was arrested in December 2018 during a flight stopover in Vancouver.

Top 10 business headlines: Govt seeks RBI interim dividend, telcos get help

News on why the government wants Rs 10,000 crore as interim dividend from the central bank and is going easy on telecom companies that owe it dues.

Govt considering SPV with 5G sweetener as solution to telecom crisis

Government will stop collecting annual licence fee and spectrum usage charge from operators, according to the tentative proposal. Instead, the operators will give fees to the SPV.

DoT examining if deadline for AGR payment applies to non-telecom PSUs

The DoT has sought Rs 1.72 trillion in past statutory dues from state-owned gas utility GAIL India Ltd

Telecom industry urges govt to facilitate funding at lower interest rate

Representatives from the industry met telecom ministry officials to communicate their suggestions to help the debt-ridden sector

Save telecom with a reprise of NTP-99

Radical steps are needed to fix the telecom crisis

BS Banking Annual 2019: Banking is a very long-term biz, says USFB chief

Becoming a bank has given us more strength, says Jana SFB MD & CEO Ajay Kanwal

Over 26,400 complaints received against telcos by Trai during Nov-Jan: Govt

The government is considering setting up a telecom Ombudsman for addressing consumer grievances, said Sanjay Dhotre in the Lok Sabha

DoT cracks whip, tells telcos to pay pending Rs 1.47-trn AGR dues soon

Further, self-assessment of dues and payments along with the submission of relevant documents as per a licence finance wing letter of November 13 needs to be expedited, the letter said

A sensible call

Tariff increase by telcos was long overdue

Moratorium on spectrum payment, tariff hike won't offset AGR impact: Fitch

The Supreme Court had on October 24 ruled that non-telecom revenues will be included while calculating statutory dues towards the government

Telcos' AGR dues to outweigh two-year breather for spectrum payment

Incumbent telcos Bharti Airtel and Vodafone Idea have said they would go for a review petition of the SC order, but they have limited time to move court

Trai decision on revised pricing after telcos report their new tariffs

Another official said that as things stand now there is no move to initiate any consultation on floor price

Telecom companies' stocks may continue their surge, thanks to Reliance Jio

Tariff hikes may not be across the board but in a few key segments, say experts

Saving the telecom sector

Govt should prevent a near-monopolistic situation

SC's AGR order: Airtel, Vodafone Idea likely to file review petition

A government Secretaries' panel is looking at providing relief to telcos through levy reductions in licence fee and the USO Fund

Price war in India's telecom market: Vodafone may suffer $1.1-bn writedown

Vodafone Chief Executive Officer Nick Read is trying to keep shareholders onside following a dividend cut by focusing on Europe and Africa, where he sees the best chance of defending profits

Sale of Rs 37,500 crore worth of BSNL, MTNL assets hits ownership hurdle

Sources said there was a one-month lag in salary payments of BSNL employees and two months for MTNL staff

Will banks accept telcos' demand for more funding? Lenders' meet this week

According to the court order on October 24, the telecom companies have three months to pay spectrum usage charges and licence fees in the way adjusted gross revenue has been calculated by the govt

The telecom turmoil

Govt should address some fundamental issues