Page 6 - Telecom Companies

Telecom relief package credit positive for Airtel, Jio, says Moody's

Moody's said the change in the AGR definition to exclude non-telecom revenue will ultimately boost sectorwide EBITDA

AGR deferment has resuscitated the idea of a three-player market: Analysts

While most brokerages have given a thumbs up to the development and suggest the provisions give some breathing space to Vodafone Idea (VI), Bharti and Reliance Jio, too, stand to gain

Cabinet may consider relief package for telecom sector on Wednesday

The Union Cabinet may consider on Wednesday a moratorium on payment of spectrum dues by telecom firms as part of a package for the sector aimed at giving relief to companies

VIL flags industry's unsustainable financial duress; hopes for govt support

Ailing telecom operator Vodafone Idea has flagged the industry's "unsustainable financial duress" in its latest annual report and hoped that the government would provide the necessary support

Reliance Jio completes 5 years of operations; tech world congratulates

From Google India to Zomato, and Netflix to Paytm - the who's who of the tech world lined up to congratulate a company's five years of operations

Telecom tower companies to face 180,000 tenancy losses if VIL exits: Icra

Vodafone Idea's financial stress underlined by mounting losses and rising debt is likely to impact its financial lenders and have a bearing on employees and subscribers, ICRA said on Monday

Bharti Airtel board to meet on August 29 to mull capital raising options

Telecom operator Bharti Airtel on Wednesday said its board will meet on August 29 to consider various capital raising options.

Govt decision on raising tariffs fails to unite telecom companies

The telecom regulator however is unlikely to set a minimum tariff as it may be considered an anti-competitive move

Reliance Industries may buy Deutsche Telekom arm for $5.9 billion

A deal for T-Mobile Netherlands would represent a rare purchase in Europe for Mukesh Ambani's group.

Chinese hackers compromised 5 global telecom companies: Researchers

Hacking groups waged a campaign across Southeast Asia from 2017 to 2021, exploited security vulnerabilities.

Birla tells govt he is willing to give up promoter stake in Vodafone Idea

Analysts say that VIL losses could potentially swamp the group finances making Birla wary of making additional investments in the company

Airtel raises minimum prepaid plan to Rs 79, offers more usage time

Company is the first to raise tariffs and its rivals are likely to follow suit, say experts.

China Telecom set for 2021's biggest share sale after US ban

The plan to raise 54.4 billion yuan ($8.4 billion) on the mainland comes as rising tensions with the US drive Chinese firms back to their local equity markets

Cash-strapped Vodafone Idea gets nod for FDI up to Rs 15,000 crore

Fund-raise set to help cash-strapped telco cut debt and pay AGR dues

Telecom firms staring at possibility of excess backhaul spectrum fee

Currently, DoT allocates airwaves by administered price mechanism

SC to pass orders on telcos pleas raising issue of error in AGR calculation

The Supreme Court on Monday said it would pass orders on applications filed by telecom majors raising the issue of alleged errors in calculation in the figure of AGR related dues payable by them.

BSNL's consolidated loss narrows to Rs 7,441 crore in 2020-21: Official

State-run telecom firm BSNL has narrowed its consolidated loss to Rs 7,441.11 crore in the financial year ended on March 31, 2021, according to an official

Second Covid wave: April sees sharp fall in new telecom users, says Trai

State governments had imposed lockdowns to curb the spread of the pathogen in April - a move that derailed economic activity.

Pricing spectrum

Airwaves for satellite-based services should be allocated judiciously

Vodafone Idea's demand for AGR payment relaxation unjustified, says group

No government support or intervention in the matter of tariffs should be considered, says Telecom Watchdog.