Page 9 - Telecom Sector In India

Tariffs unsustainably low, more needs to be done, says Bharti Airtel CEO

Airtel had, on Monday, reported Q4 loss at Rs 5,237 crore, mainly on account of provisioning for paying statutory dues, while its full year losses ballooned to a record Rs 32,183 crore.

Bharti Airtel posts consolidated loss before tax of Rs 7,010 crore in Q4

During the quarter, the company took an exceptional charge of Rs 7,004 crore mainly on account of the re-assessment of interest on licence fee, and spectrum usage charges (including interest on AGR).

Bharti Airtel slips into red; posts Rs 5,237 cr loss for Jan-Mar quarter

The company had posted a profit of Rs 107.2 crore in the same period a year ago.

BSNL seeks PM's help in preventing rivals from scuttling firm's revival

The Rs 8,000 crore eligibility criteria is in line with CVC guidelines which say that vendors should have strong financials. The turnover of almost all the firms under TEPC is less than Rs 1,000 cr

Bharti Infratel's Q4 consolidated net profit rises 6.89% to Rs 649.50 cr

Consolidated revenue of the company increased 0.7 per cent YoY to Rs 3,624 crore during the quarter under review

Vodafone-Idea parent makes $200 mn advance payment amid coronavirus crisis

The payment was due in September 2020 under the terms of the contingent liability mechanism with Vodafone Idea

Facebook's $5.7 billion investment in Reliance Jio: All you need to know

With this investment, Facebook will own 9.9 per cent stake in Jio Platforms. This would be Facebook's biggest minority shareholding ever

Coronavirus outbreak: Analysts cautious on sectors with high debt

Analysts say investors could steer clear of stocks in the sectors that have high debt and high impact on revenues because of the Covid-19 pandemic

How telecom sector is coping with a 10% data demand spike amid Covid-19

Data demand sees a 10% surge as people step up work from home over Covid-19, Here's how telecoms are responding to the demand and encouraging more people to work from home

Telecom duopoly will be bad for economy

A hike in tariffs is guaranteed. But it would not necessarily lead to higher ARPU

Book review: B K Syngal's riveting memoir of a tumultuous era in telecom

Brijendra K Syngal, who is approaching the ninth decade of his life, reminds you that telecom policy was just as tumultuous years ago as it is now.

Telcos' self-assessment of AGR dues may at least take 6 months: Report

The government, last week, had asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the Supreme Court order without further delay.

India's 'self-goal' in telecom

And urgent steps to avert a cascading crisis

Floor price ain't good maths

It's avoided by regulators in developed countries as it is considered anti-competitive and anti-consumer

AGR: Digital Communications Commission may meet on Friday to discuss relief

Among the options likely to be deliberated tomorrow is allowing staggered payments for statutory dues for telecom industry

Unease of doing business

The battle between the government and the telecom companies over how their adjusted gross revenues (AGR) should be calculated has gone on for several years.

Drill oil but dial telecom

Inclusion of non-telecom income in the overall calculation means the higher the oil price, the bigger the AGR share of the government

Govt takes a call to save telecom firms, but no relaxation likely on AGR

The Union government is of the view that there can be a debate on the quantum of payment and penalty but not on the fact that the companies have to make the payments

AGR dues: Three rating agencies downgrade Vodafone Idea in two days

According to official sources, VIL paid Rs 1,000 crore to the Department of Telecom on Thursday

What are AGR dues and how it threatens Vodafone-Idea's very existence

Shares of Vodafone Idea jumped 48 per cent to Rs 4.49 on the BSE on Wednesday on the back of heavy volumes on report that the government is unlikely to invoke bank guarantees for now