Page 15 - Telecom Companies

Slowing spend by telcos drags IBM India earnings; FY19 net down 12%

The company's net margin stood at 8.89% in FY19, compared with 9.88% in the year-ago period

Building startups and companies that last

The tendency to announce near-victory is a pervasive disease. This is exemplified by the reports on ease of doing business

Govt forms secretaries' panel on steps to ease financial stress in telecom

The government is constituting a Committee of Secretaries (CoS) under the Cabinet Secretary

Supreme Court gives telecom companies 3 months time to clear AGR dues

Apex court had upheld government definition of AGR, said telcos must pay licence and fine applicable

Another blow to telecom

Govt needs to decide what it wants to do with the sector

Telecom companies not the only ones looking at acquiring 5G expertise

Companies with a strong digital presence across IT services landscape stand to gain even if the deal bundles are smaller

Telcos to lose Rs 4-5 crore a day as internet services suspended in Kashmir

As on December 31, 2018, the number of telecom subscribers in Jammu & Kashmir was 11.5 million

Telcos fight to keep network costs in check; Voda Idea spends highest

The reason for high network spends lately has been due to incumbent telcos trying to provide 4G services on a par with Reliance Jio

The telecom crisis: Noises off

'The last thing Narendra Modi needs at this time are TV images of telecom employees on dharna for losing their jobs', says the author

Telcos may have to spend Rs 1.25 trn on court cases, stare at huge loss

The disputes, which have many twists and turns and have gone through courts and quasi-judicial bodies for many years, have some key issues

Supreme Court rejects CCI appeal to probe Bharti Airtel, Vodafone-Idea

CCI had appealed against Bombay HC order which quashed its probe into these telecom companies

Profit of Airtel, Idea, Vodafone halves in 3 years, margins dip 1,000 bps

The industry is expected to see a 45 per cent growth in data volume, 3 per cent in subscribers, but a 18-20 per cent plunge in average revenue per user (Arpu) in FY19

Telcos remain divided over IUC charge

Incumbents seek doubling of interconnect usage charge; Jio wants it to be brought down

Modi govt to meet with telecom firms from Monday

The sources added that the promoters will also be meeting finance minister Arun Jaitley

Airtel, Voda tried to block Jio entry, Trai tells DoT

Trai had recommended a penalty of Rs 50 crore per circle for 21 service areas

Telecom companies sharpen their focus on M&A: EY

Some of the major factors that are driving the M&A in the telecom sector include sector convergence