Page 8 - Telecom Sector In India

Tariff hike in telecom 'inevitable', two rounds likely in 12-18 months: EY

The industry is talking of ARPUs going up anywhere from 60 per cent to 80 per cent over next two-three years, and that can happen by way of tariff increase

In a major relief, govt raises BSNL borrowing limit to Rs 39,713 crore

The approval is the key to BSNL's turnaround plan, which includes setting up a 4G network so that it can compete with private competitors.

BSNL scraps 4G equipment tender to keep Chinese companies at bay

BSNL is in the process of upgrading its network to 4G and BTS that facilitates wireless communication plays a crucial role in it.

Asia Pacific telecoms on course for muted growth, 5G delays: Fitch

However, credit risk remains manageable, reflecting the sector's resilience during the coronavirus pandemic

DoT sets stage for spectrum auctions this year; MSTC selected as auctioneer

Given the high possibility of operators shying away from participation, the DoT is yet to decide on including the premium 5G spectrum in the tender.

Bharti Infratel board may give nod to Indus Tower merger on Wednesday

The deal, which was signed in April 2018, is expected to come to fruition and once it is completed it will create one of world's biggest telecom tower companies.

Explained: How Vodafone Idea can survive in the three-pronged battle

Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues.

Bharti Airtel, Vodafone Idea: How to trade AGR case-related stocks?

Vodafone Idea (VIL), which has liabilities worth Rs 53,000 crore pleaded saying that it does not have enough money to pay and should be given some time

Telcos told to stop sourcing 4G telecom equipment from Chinese firms

The major private operators - Reliance Jio, Bharti Airtel, and Vodafone Idea - are procuring their 4G equipment from multinational companies, such as Nokia, Ericsson, ZTE, Huawei, and Samsung.

As telcos begin paying AGR dues, Supreme Court adopts a softer approach

It has also possibly thus settled a larger question in India that when a government due has been upheld, the company has to ensure it must be paid by whatever means.

BharatNet phase-II process starts; govt to finalise PPP model soon

The proposal, which is at an advanced stage, may go to cabinet; it will empower states to take their own decision on private participation

Speculative bets rise on Voda Idea as investors, traders eye quick gains

Analysts say retail investors need to be wary as given the large quantum of debt on the company's books, such bets could backfire unless investors are able to efficiently time their entry and exits

Abu Dhabi state fund in talks to invest $1 bn in Jio Platforms: Report

Jio Platforms has secured $10 billion from investors including Facebook Inc within a month

Google eyes 5% stake in Vodafone Idea, multiple India investments: Report

Analysts say deal will be a lifeline for Vodafone Idea, which has been ordered by SC to pay Rs 53,000 crore AGR dues

Trai unlikely to take up floor price issue for 2 mths over Covid-19: Report

Telecom players recently renewed their demand and asked Trai to move forward quickly on the issue of fixing floor price for tariffs

Promoter to sell 2.75% stake worth $1 bn in Bharti Airtel via block deals

Shares are being offered to large investors at 6 per cent discount to March 22 closing price of Rs 593; Mittal company joins top Indian companies in raising funds

Covid-19 crisis: Slippages may jump to Rs 5.5 trillion, says India Ratings

Credit costs could touch Rs 2.7 trillion

Voda Idea clubs 22 telecom circles into 10 clusters; move may hit jobs

"...... In the past also, we have seen that over time, it is possible to accommodate most of the people against natural voluntary attrition that keeps happening," Voda said downplaying likely job cuts

Q4 show, tariff hike hopes push Bharti Airtel stock to all-time highs

Tariff hike hopes and market share gains in the coming quarters could help sustain stock price

Bharti Airtel to go slow on capex in Q1FY21 amid Covid-19 crisis, Q4 loss

Bharti Airtel reported a consolidated net loss of Rs 5,237 crore in Q4FY20 against a net profit of Rs 107.2 crore in the corresponding quarter last year.