Page 7 - Telecom Companies

In talks for fund raise; floor price 'best' fix for pricing issues: VIL

Cash-strapped VIL on Friday said it is in active talks with potential investors for fundraising

Debt-laden Vodafone Idea breaches the loan covenants with lenders

Lenders want telco to put more skin in the game

Airtel, Voda Idea, BSNL and MTNL's debt zooms to Rs 3.85 trillion in FY21

Their debt-to-equity ratio shot up to 6.83 times from 2.3 times at the end of March 2020

Uncertainty on AGR, spectrum payments weighs on Vodafone Idea: Analysts

Without fundraising, the company may not be able to meet its payment obligations over the next 12 months

Sky-high battle between satellite service providers and telcos for spectrum

Satellite companies are demanding spectrum free or at a nominal administered price as is done in other parts of the world. The move is being vehemently opposed by telcos through the COAI

Telcos sustain growth but FY21 revenue still far from FY16 peak

Report combined net sales of Rs 1.87 trn as against Rs 2.24 trn posted 5 years ago

Reliance Jio's smartphone may have little impact on tariffs, say experts

Jio joined the Indian telecom space in September 2016, offering cheap feature phones bundled with free data and unlimited calling.

Axiata, Telenor sign $15.8 billion deal to merge Malaysian telecoms units

Malaysian telecoms firm Axiata Group Bhd and Norway's Telenor ASA sealed an agreement to merge their mobile operations in Malaysia in a $15.8 billion deal, forming a new market leader

China's Huawei Technologies seeks access to 'trusted' source portal

This indicates Chinese telcos feel new rule doesn't place curbs on them: Sources

Vodafone Idea plans to raise Rs 7,000 crore via QIP; stock rises 10%

Vodafone Idea is looking for new investors after both its promoters have refused to infuse additional funds into the company

Notion that 5G is dangerous is incorrect: Sterlite Technologies CTO

Telecom providers follow extremely stringent regulations, says Badri Gomatam.

DoT announces guidelines for PLI scheme for telecom, networking equipment

DoT announced operational guidelines for Production Linked Incentive Scheme for telecom and networking equipment, notified on February 24 this year after extensive consultations with stakeholders

Bharti Airtel's subsidiary sells tower portfolio in Tanzania for $175 mn

The tower portfolio in Airtel Tanzania comprises about 1,400 towers that form part of the group's wireless telecommunications infrastructure network.

5G momentum accelerating globally; committed to open markets: Ericsson CEO

Swedish telecom equipment maker Ericsson on Tuesday said 5G adoption is accelerating around the world, and the company remains upbeat about the future given the rapid pace of innovation

Voda Idea offers one-time Rs 49 plan for free to 6 cr low-income customers

Vodafone Idea (Vi) on Tuesday announced that it will provide a one-time Rs 49 plan for free to its around 6 crore low-income customers to help them stay connected during this pandemic time. Additionally, Vodafone Idea customers in the target group will get almost double benefit on recharging their mobile service account with plan value of Rs 79, the company said in a statement. The scheme, covering 6 crore customers with Rs 49 recharge plan, is worth Rs 294 crore. "Vi will provide Rs 49 pack free to over 60 million low income customers due to the current situation. The pack offers talktime of Rs 38 and 100 MB data with a validity of 28 days. With this Vi is hopeful of enabling its customers to stay connected safely," the company said in a statement. Jio and Airtel have already announced relief plans for customers in select segments.

Telecom firms see red as protests against 5G spectrum trials mount

Posts claiming the upcoming 5G trials will spread the virus have been doing the rounds

5G's bouquet of promises: A technology that can change our lives forever

With the myriad possibilities that super high speeds and ultra-low latency could bring, telcos in India are looking at killer applications to attract consumers initially

Spectrum can be transferred but not without settling dues, says NCLAT

Since the questions posed by the apex court has been dealt with by the tribunal now, the appeals by the DoT will be heard by the NCLAT on April 26

Mobile operators rework equipment sourcing pacts ahead of licensing norms

The government will soon declare a list of trusted sources and trusted products for installation in the country's telecom network

Telecom companies go all out to keep users glued to digital platforms

The ratio of daily active users as a percentage of monthly active users is a marker of customer stickiness