Page 9 - Telecom Companies

Top headlines: SBI raises FY21 GDP estimate, SC proposes govt-farmer panel

Business Standard brings you top news of the evening

Jio accuses Airtel, Vodafone Idea of fanning farmers' ire against it

While Vodafone Idea did not immediately react to charges, Airtel called complaint baseless and asked govt to dismiss it

DoT considering two spectrum bids in 2021, may include 5G in second half

The licences for some of the 4G spectrum held by telecom companies (telcos) expire next year

Vodafone Idea bites the bullet on tariff hike as firm struggles to pay dues

The latest move, even if it is symbolic, is the first rate hike after the one announced end of 2019

Telecom to oil firms: Q2 results give no clear sign of broad revival

The economy is on the mend but sustained recovery will take time: that's the picture you get by studying the July-September quarter results of 1,286 listed companies. Devangshu Datta reads the numbers

PLI scheme: Telecom eligibility criteria for companies may be raised

The incentive for companies that achieve these targets will remain 4-6 per cent

Will not shy away from tariff hike: Vodafone Idea CEO Ravinder Takkar

While the telecom company's second-quarter loss narrowed to Rs 7,218 crore, its operational performance was weaker compared to its peers.

Telcos flag E&V bands, floor price issues at meeting with new Trai chief

The industry maintained that spectrum in highly commercial and valuable E and V bands should not be delicensed, says report

Telecom firms to see business recovery, revenue growth in Q2: Analysts

However some of these gains will be offset by increased spends on commissions and marketing

Bharti Airtel a formidable No 2 in all pricing scenarios, say analysts

ARPU expansion, market share gains expected even if there is no tariff hike

$6 billion telecom bankruptcies left hanging in India as ministries argue

Government branches are delaying bankruptcy settlements in a country whose banks suffer the world's worst bad debt ratios.

Vodafone wins arbitration case against govt in $2 bn tax dispute case

The tribunal, in its ruling, said the government must cease seeking the dues from Vodafone and should also pay $5.47 million to the company as partial compensation for its legal costs

VIL, Airtel lose over 5.9 mn subscribers in June; Jio adds 4.5 mn: Trai

Monthly decline rates of urban and rural mobile subscription were 0.18 per cent and 0.40 per cent, respectively, data showed

Jio's postpaid plans timed well, may wrest away VIL subscribers: Analysts

Matching Jio's OTT bundling can impact 1-6 per cent of fiscal 2021 earnings before interest tax depreciation and amortisation (EBITDA) for peers, it added

Telcos have to pay 10 pc of AGR dues by March 31: Minister tells Parliament

Minister of State for Communications Sanjay Dhotre, in a written reply in the Rajya Sabha,

Telcos must pay 10% AGR dues by Mar 31 irrespective of payment made: Report

Operational telecom operators are expected to pay Rs 12,921 crore by March 31, of which close to 80 per cent has to be paid by Vodafone Idea and Bharti Airtel

France's Iliad makes $4.2 billion bid for Polish telecom firm Play

Iliad, which has already agreed to buy 40% of Play from two shareholders, said it had now bid for all of the operator at 39 zlotys per share, a 38.8% premium to Play's Friday close

Telecom operators sound alarm over India-specific standard for 5G

The operators would rather go along with the global standards set by the 3rd Generation Partnership Project or 3GPP

Telcos must fork out Rs 44,000 crore to replace expired spectrum

The figure is based on the base price of spectrum for the upcoming auction fixed by the TRAI and on the assumption that there will be no bidding war

Reliance Jio plans to roll out 100 million low-cost phones by December

These phones, which will be bundled with data packs, could be launched in December or early next year, sources in the know said