Page 26 - Telecom Sector

Letter to BS: Don't kill the telecom sector, India's global image at stake

The financial system cannot afford another massive hit after the PSB saga, NBFC/HFC problems and urban cooperative bank fiasco

Airtel to hike mobile services rates in December to make business viable

The company also said that it understands that telecom regulator Trai is likely to initiate a consultation for bringing rationality in pricing in the Indian mobile sector

Best of BS Opinion: Why the govt must step in to help telecom companies

Here's a selection of Business Standard Opinion pieces for the day

Bharti Airtel, Vodafone Idea put the brakes on costs in September quarter

While the sector awaits a lifeline, a sharp reduction in capital and opex has aided cash flows

Saving the telecom sector

Govt should prevent a near-monopolistic situation

RCom loss zooms to Rs 30,147 crore in Q2 on provisioning for liabilities

The company had reported Rs 338 crore in losses for the June quarter (Q1), and a profit of Rs 1,295 crore in Q2 last year

Delay in bringing zero call-connect charges to hurt telecom sector: Jio

Traffic symmetry indicates that a telecom operator will not have any outstanding balance of interconnect usage charges (IUC) against other networks

Insurance cover on bank deposits to be raised from Rs 1 lakh: FM Sitharaman

On the telecom sector, the minister said the Centre wanted all companies to flourish and be able to grow their businesses in India

Govt doesn't want any telco to shut down, intends to address concerns: FM

Sitharaman said "it is the intention" to address concerns of all those who have approached the government with serious concerns post the court's decision

Why Vodafone-Idea is in trouble despite being India's No. 2 telecom firm

Vodafone Idea yesterday reported a massive net loss of Rs 50,922 crore for the July-September quarter, the highest-ever quarterly loss by an Indian company

Govt determined to see 3 pvt players in telecom sector: Vodafone Idea CEO

The CEO said that Vodafone Idea had not accelerated payments to any banks.

AGR provisioning: Bharti Airtel posts a loss of Rs 23,045 cr in Sep quarter

The consolidated revenue of Bharti Airtel was up by 4.7 per cent at Rs 21,199 crore in the just-concluded quarter

If Vodafone actually quits, India will be the bigger loser

The govt must take a call at the highest level at the earliest, treating Vodafone's exit call with all the seriousness that it deserves

AGR verdict: Vodafone's future in India uncertain amid setback, says CEO

Read said Vodafone was not committing any more equity to India and the country effectively contributed zero value to the company's share price

Moody's rating action and the Rs 28 trn revenue push

Penalising banks for past actions is not the best way to make the financial markets work better

5G gambit: Cisco focuses on telecom segment, sees big opportunity in India

By some estimates, setting up 5G networks would require $70 billion worth of investments in India.

DoT examines impact of SC order on AGR beyond telecom firms: Report

A DoT official privy to the development said instructions have gone to the licencing wing to carefully examine the implication of the apex court's recent ruling for all such companies

Telecom body seeks removal of IUC on mobile calls in the interest of poor

Trai had proposed to move from the current IUC regime to the BAK (bill and keep) regime where no operator will charge for mobile call transmission, from January 1, 2020

Hope govt takes a 'balanced approach' to AGR issue, says Bharti Airtel

Senior leadership of Airtel said the company is hopeful that the government will take a "balanced approach" on the AGR

Vodafone Idea reaches out to lenders for debt revamp as losses mount

The distress at India's No. 2 phone operator deepened last week after the nation's top court ordered it to pay about $4 billion in past dues, dealing a fresh blow to the struggling business