Page 12 - Telecom Sector

BSNL union to hold demonstration against monetisation of telecom assets

BSNL's employees union on Thursday opposed the government's plan to monetise optical fibre laid under the BharatNet project as well as 14,917 mobile towers owned by it and sister concern MTNL

Airtel board to meet on August 29 to consider fundraising options

Telecom operator Bharti Airtel on Wednesday said its board will meet on August 29 to consider various capital raising options, including equity and debt.

Govt eyes Rs 35,100 cr from partial sale of Bharatnet network, tower infra

The government expects to realise Rs 35,100 crore from the partial sale of Bharatnet fibre assets and around 13,500 mobile towers owned by state-run telecom firms

Security clearance delay for equipment hits telecom gear makers

Without such certification, telcos cannot give product orders to vendors

Major tariff hikes by telcos unlikely in the short-run: Analyst

Telecom operators are likely to continue with minor tweaks in mobile plans but may avoid significant hike in broader tariffs in the short-run

Bharti Airtel moves Supreme Court with review petition in AGR case

The company has sought correction of arithmetical errors in calculations linked to AGR

Trai suggests to create separate authorisation for access network provider

Trai on Thursday suggested that a separate authorisation be created for access network provider, to offer network services on a wholesale basis

COAI says telecom among most heavily taxed sectors, seeks relief from govt

Industry body COAI has urged the government for financial reforms in the telecom sector, making a strong pitch for cuts in levies, doubling the tenure of auctioned radio wave holdings

Global vendors closely monitoring VIL situation, say it's business-as-usual

Global telecom gear makers are keeping a close watch on how things evolve for Vodafone Idea, which is in the grip of an existential crisis, but maintain that it is business-as-usual

Bharti Airtel, Reliance Jio gain from debt-laden Vodafone Idea's pain

The two firms' revenue market share has risen 1,300 bps in two years

Indus Towers hits over 8-month low on growth concerns

Indus' share price has underperformed the market owing to concerns over its key tenant Vodafone Idea's survival

Vodafone Idea breaks 100-WMA, hits Rs 7.26 mark. What's next for the stock?

This is the first time the counter has broken 100-weekly moving average (WMA)

DoT set to cancel Reliance Communications licence over payment default

According to an official, clauses under the license agreement empower the government to terminate the licence of the company

Signals of revival

Telecom sector faces the risks of a duopoly

AGR case: Telcos' plea rejection does not go well for sector, says Icra

The rejection of telcos' pleas seeking re-calculation of AGR related dues does not bode well for a recovery in the sector

Cash-strapped Vodafone Idea gets nod for FDI up to Rs 15,000 crore

Fund-raise set to help cash-strapped telco cut debt and pay AGR dues

Bharti Airtel gains 4% on rolling out new postpaid plans

Airtel said it has simplified its Postpaid plans to offer industry leading data benefits backed by a 5G ready network and superior digital-first customer care

Bharti Airtel rolls out new postpaid plans, offers competitive data packs

Company says customers can bundle add-on connections with enhanced data benefits to their existing plans

Bigger firms scoop up more market share during Covid-19 pandemic

Market concentration in key sectors, measured by HHI, reached a new high in FY21

AGR dues cannot be recomputed: Supreme Court reserves order

But telcos Airtel, Vi, Tata Tele say arithmetical errors can be rectified and that there are duplication of entries