Page 23 - Telecom Sector

Best of BS Opinion: GST collection, India's telecom crisis, and more

Business Standard Opinion pieces for the day talk about government finances in the context of GST, along with other policy issues.

Rajeev Suri steps down as Nokia President & CEO after 25-year stint

Pekka Lundmark, CEO of Finnish energy company Fortum, to take over as president and CEO of the firm on Sept 1

For operational flexibility, Shyam Telecom seeks approval to delist shares

The company had posted a loss of Rs 1.35 crore for the quarter ended December 2019, compared to a profit of Rs 57 lakh in the same period a year ago

Vodafone Idea, Bharti Airtel losses were gains for Jio and BSNL in December

Vodafone Idea and Airtel lost 3.6 million and 11,050 users, respectively

Telecom companies to submit self-assessment documents on AGR maths

However, no deadline has been given to companies to submit the supporting documents

The AGR case is a triumph of bureaucratic obstinacy over good sense

While it raises the larger question of the Court's role on matters that have a major impact on the economy, much of the blame also lies with the govt for poor handling of the issue

Who gains if Voda-Idea fails

Jio, which is not burdened with legacy network and user base, may find it easier to increase its capacity to accommodate Voda-Idea subscribers faster

Fund managers bought Bharti Airtel, sold Reliance Industries in January

Large-cap holdings of equity MFs saw significant churn at the start of the new calendar year. Fund managers upped their wager on Bharti Airtel

Payment of AGR dues to slash fiscal deficit to 3.5% in FY20: SBI economists

According to the revised budget estimates, the government expects a fiscal deficit of 3.8 per cent in 2019-20

Telcos' AGR dues: Will decide after hearing from DoT, says FM Sitharaman

Addressing a press conference in Bengaluru, Sitharaman said: "In light of court's orders, the department is engaging with telecom companies after the reviews and I will wait to hear from the dept"

Don't hang up

After SC blow, telecom firms need a decisive DoT

Let the telecom sector bloom

A bold policy intervention by the government to bring the sector back to profitability and attract capital investments holds the key to unlock India's $1 trillion digital opportunity

Public sector companies with telecom licence also asked to pay AGR dues

OIL's notices are for 2007-08 to 2018-19 and the Rs 48,000 crore includes licence fee, penalties and interest

AGR case: COAI says govt has vast powers to address telecom sector's issues

Of the three private players, market analysts consider Vodafone Idea to be in the most vulnerable position

AGR dues: Risk of duopoly in telecom higher than before, says analyst

Most of the remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt telecom companies

My Country Mobile bets on telecom in India, looks to promote VoIP products

My Country Mobile offers a one-stop solution for all the telecom needs

Bharti Airtel pitches for healthy telecom sector, Vodafone Idea's survival

Says three players will be healthy for the sector

In unprecedented move, ITI withdraws Rs 1,300-crore FPO over poor demand

The government holds 90 per cent stake in ITI which is valued at Rs 7,550 crore, currently

Telecom: Govt expects to double revenues from license fees, spectrum

According to COAI estimates telcos pay around Rs 16,000 to Rs 17,000 crore as license fee and SUC annually

Budget 2020: No substantial relief visible for telecom sector, says COAI

Mathews said that telecom not being included in the definition of infrastructure was a disappointment for the industry