Page 13 - Telecom Industry

Time to tango

A collaborative mindset similar to that of Japan could take India into a completely different orbit in the global digital ecosystem

Vodafone Idea will continue to face multiple challenges despite price hike

SIM consolidation, inferior network and negative free cash flows even after hike are the key worries for the market

After $13-bn AGR hit, future of India's tattered telecom hinges on govt aid

Vodafone Idea this month booked a $7 billion quarterly loss, the biggest in Indian corporate history, in large part due to provisions for payments owed

Non-telecom PSUs facing AGR crisis plan to oppose DoT's higher licence fee

On October 24, the Supreme Court ruled that AGR for telcos should include all revenue accrued to carriers, including that from non-core activities, backing the DoT's stance in a 16-year-old case

CoS on telecom relief package for SC's AGR ruling disbanded: Govt source

In October, the government had constituted a committee of secretaries (CoS) - headed by Cabinet Secretary Rajiv Gauba - to explore a financial bailout package for the telecom sector

Over 92,000 employees of BSNL, MTNL opt for voluntary retirement scheme

he 'BSNL Voluntary Retirement Scheme - 2019', that was rolled out recently, will remain open till December 3

Explained: Is mobile tariff hike by Airtel, Vodafone Idea justified?

Telcos have reduced their tariffs so much that they earn only Rs 75 per user per month, nationally

Top biz headlines: Sony eyes stake in Network18, RBI's HR trouble, and more

From Rs 2.5 trillion loan disbursement by PSUs to DHFL's audit report, Business Standard bring you the top business headlines for the day

Airlines may go telcos' way if low-fare regime does not end: SpiceJet CEO

If Indian airlines do not follow pricing discipline, they will see a similar financial strain: Ajay Singh

Under financial stress, Voda-idea to 'suitably raise tariff' from Dec 1

The company, however, did not disclose the range or details of the proposed tariff hike

Bharti Airtel hits 21-month high, surges 20% from Friday's low

The company is hopeful that the government will take a considerate view on SC verdict on AGR matter, given the fragile state of the industry.

AGR impact: Banks nervous as losses mount for Vodafone Idea, Airtel

Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity

Voda Idea posts Rs 50,900-cr loss in Q2, the biggest in India Inc history

Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years

Govt wants telcos to clear AGR dues in 3 months; relief package in works

The relief package may include a cut in licence fee, a two-year moratorium on payment

Airtel submit bids for RCom spectrum; Reliance Jio seeks deadline extension

Airtel has placed a conditional bid to buy RCom's spectrum, and Bharti Infratel has submitted bids for the Anil Ambani company's mobile towers

Will review regime for foreign call termination charges, says Trai

Trai, in its consultation paper, said it would review the regulatory regime for international call termination charges that were lowered to 30 paise per minute last year

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

Why putting on the squeeze won't tame India's credit and fiscal woes

The government seeking $13 billion from telecom operators is a desperate attempt to squeeze money from an industry in which most players have already vanished or gone bankrupt.

India is running its telecom companies aground to fill a budget hole

High fees, frequent policy flip-flops, endless tax demands from an unsympathetic bureaucracy that treated carriers as cash cows have driven most telecom operators aground.

Vodafone denies India market exit rumour, says actively engaging with govt

The statement further noted that Vodafone is actively engaging with government and they are fully supportive of their local management as they continue to manage the joint venture