Page 18 - Telecom Sector

Telecom sector Q2 revenue growth at 5% on easing of lockdown curbs: Report

Telecom sector's revenue growth picked up to about 5 per cent in the September quarter against 1 per cent in the June quarter after relaxation of lockdown curbs, according to a latest report

Bharti Airtel rings louder than Reliance Jio in net subscriber additions

It's the first time since 4G launch by Reliance; churn at all-time low of 1.7%

Airtel tops Q2 customer additions, beat Jio first time in 12 months

Base up by 13.9 mn to 293 mn sequentially; firm may have gained from erosion in Vodafone's subscriber numbers as it saw good growth in both 4G additions and post paid users

Bharti Airtel to stay away from 5G auctions, as prices exorbitant: Vittal

"The 5G ecosystem is yet to develop here and the prices are very high and we can't afford them," Vittal said during the company's post earnings call

Tech Mahindra on track surpass FY20 revenues by fourth quarter: CFO Bhat

The Pune-headquartered firm is also close to reaching pre-Covid 19 levels in terms of absolute profit, he says

Bernstein initiates coverage on Bharti Airtel with an 'outperform' rating

The brokerage notes that the pricing status quo is net positive for Jio and Bharti and negative for Vodafone Idea.

5G enabled iPhones are here but the networks may take some time to come

The reality is that India is far behind the world in 5G and it might be a while before you can surf internet on 5G networks on your iPhone 12

US to offer loans to lure developing countries to shun Chinese telecom gear

The offer of financial assistance represents a new tool Washington is deploying as it broadens the tech Cold War with China

Telecom dept clamps down on illegal mobile network boosters in Delhi

Department of Telecom's wireless monitoring organisation conducted raids in Delhi to bring down illegal network boosters which interfere with mobile services and result in call drops and other issues

Jio waives post paid security fee to attract customers from rival networks

Reliance Jio has waived security fee deposit for postpaid customers who switch to its network from rival mobile service providers, a company official said on Friday.

Telcos expected to speed-dial ARPU improvement, raise tariffs, says Icra

The telecom tariff hike is imminent as service providers need to make sizeable payouts on statutory dues, spectrum buys, regular revenue share obligations and auction instalments Icra Ratings said

Tariffs still very low, pricing revival critical for telecom sector: Birla

Telecom tariffs are "still very low" and pricing revival is critical for the long-term growth of the sector, Vodafone Idea Chairman Kumar Mangalam Birla said on Wednesday. Addressing Vodafone Idea Ltd (VIL) shareholders at the company's Annual General Meeting, Birla said the telecom industry had witnessed the first round of tariff hikes by all operators in December 2019. "However, tariffs are still very low and therefore pricing revival is critical for the long-term growth of the sector," he said. The Average Revenue Per User (ARPUs) in the Indian market continue to remain the lowest in the world, while data consumption is among the highest globally. "The verdict on the long-pending industry issue of Adjusted Gross Revenue or AGR also added to the financial woes of telecom operators... Efforts from the Government of India to soften the financial burden by recommending payment through instalments has now been upheld by the Supreme Court," Birla said. In a stock exchange filing, ...

Pharma secy P D Vaghela to take over as new Trai chairman from R S Sharma

The Gujarat-cadre IAS officer has also served in the state as commissioner of commercial tax. He was also instrumental in bringing GST in 2017

Looking forward to work with new TRAI chief for telecom growth: COAI

Industry body COAI on Monday said it looks forward to working with new TRAI chairman P D Vaghela, as it sought continued support of the telecom regulator

Telcos ask govt to auction E&V spectrum bands instead of de-licensing them

Spectrum in E&V bands can be utilised for both high-capacity access spectrum for voice and data services as well as backhaul link spectrum.

Not possible to please everyone, not in a popularity contest: Trai's Sharma

Like every other industry, telecom also has demand and supply side aspects to be taken into consideration, said Sharma

Senior bureaucrat P D Vaghela appointed TRAI chairman, says DoPT

Vaghela, a 1986-batch IAS officer of Gujarat cadre, is currently Secretary, Department of Pharmaceuticals

Voda-Idea shares jump 14% after arbitration case win; m-cap at Rs 29,769 cr

The stock jumped 13.60 per cent to close at Rs 10.36 on the BSE. During the day, it zoomed 14.91 per cent to Rs 10.48.

No need for 5G trials in India to test the technology, says Nokia

Nokia's stance is markedly different from the leading telecom company, Reliance Jio.

Top headlines: Harley-Davidson exits India, S&P on Indian banking system

From BSE 500 index underperforming since March, GAIL cutting supplies after fire at ONGC plant to S&P on banking system recovery, Business Standard brings you top news of the evening