Page 24 - Telecom Sector

Govt estimate of revenue from telecom up two-folds to Rs 1.33 trn for FY21

It expects a revenue of Rs 58,686.64 crore under communications head in the current fiscal year against budgeted amount of Rs 50,519.8 in 2019-20.

ITI extends FPO, cuts price band after failing to garner full subscription

So far, the FPO has garnered only 50 per cent subscription

ITI FPO subscribed 9% a day before close; firm plans to raise Rs 1,300 cr

The price band for the FP0 is Rs 72-Rs 77 per share

What various sectors of the economy wants from Budget 2020?

Here are the list of demands from Sitharaman and her budget team across various sectors of the economy

AGR dues: DoT talks tough on deadline, telecom companies sit on the fence

Telcos discuss giving January 24 deadline a miss

SC says pleas by telcos on statutory dues will be heard next week

The telcos said they wanted an open court hearing on their fresh pleas with regard to working out a fresh schedule of payment of their dues

Three telcos to seek urgent SC hearing as deadline to pay dues nears

Bharti Airtel, Vodafone Idea Ltd, Tata group want to negotiate with telecom department on the timeframe for paying dues

Blocking Huawei from rolling out 5G may cause $4.7 bn loss to India by 2035

The Chinese telecom firm, however, has been allowed to participate in 5G trials in India and the Indian government has not taken any stand yet to bar the company from building 5G network.

Top 10 headlines: Govt's plan for Unitech, Vodafone Idea's survival test

From UVARCL sweeping up bankrupt telcos to government's take on the financial stress of the telecom sector, Business Standard brings you the top business headlines of the day

SC rejects AGR review plea; telcos have to pay Rs 1.47 trn dues in a week

Disappointed with the decision, Bharti Airtel, which is facing an estimated AGR demand of Rs 35,586 crore said it was evaluating filing a curative petition

Telecom Q3 preview: Data subscriber additions, ARPU spike may dial in cheer

But tariff hikes will not translate instantly into ARPU growth

Saving Indian telecom

The recent tariff increases by telecom operators will improve their earnings, enabling them to invest in better network infrastructure and step up service quality

Best of BS Opinion: Building good society, telecom crisis and more

Our analysis and opinion on what to learn from the Cyrus Mistry vs Ratan Tata fight and how to build a better society with nine things.

We've seen healthy growth in term loans: SBI chairman Rajnish Kumar

Rajnish Kumar, chairman, State Bank of India (SBI), says the economy has bottomed out and there is a need to revive the capital expenditure cycle

Save telecom with a reprise of NTP-99

Radical steps are needed to fix the telecom crisis

20 key industrial, political and economic developments to expect in 2020

Where is the Sensex headed? will the economy turn around? what about sectors like auto, pharma, consumer goods and infra? Business Standard tells you what to expect in the new year

Mixed signals

IUC extension is welcome, but Trai should take a holistic view

Bharti seeks Rs 4,900-cr FDI nod; infusion to make Airtel foreign firm

Bharti Telecom holds around 41 per cent stake in Bharti Airtel while foreign promoter entities hold 21.46 per cent stake in the telecom firm

Bharti Airtel to gain at the expense of Vodafone Idea, say Brokerages

Bharti Airtel's board has already approved raising $3 billion through a combination of equity $2 billion and debt $1 billion

Congress says Centre promoting pvt telcos, asks if electoral bonds involved

Congress spokesperson Pawan Khera alleged public sector companies like BSNL and MTNL, which were making profits under the previous UPA 1 and 2 governments, were now running at losses