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Page 30 - Telecom Sector

Telecom minister plays down job loss concerns amid consolidation

Ongoing M&As have triggered fears that potential job losses could be in offing

Telecom minister plays down job loss concerns amid consolidation
Updated On : 25 Oct 2017 | 9:42 PM IST

The telecom mess

Govt needs to hand-hold the industry at a difficult time

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Updated On : 09 Oct 2017 | 10:45 PM IST

Telecom sector under stress: SBI chief Arundhati Bhattacharya

The telecom sector is undergoing a lot of stress and the bank is making extra provisions for this, said Arundhati Bhattacharya

Telecom sector under stress: SBI chief Arundhati Bhattacharya
Updated On : 23 Sep 2017 | 11:51 PM IST

Telecom sector financial woes will hit employees

Inability to hire new employees, train old ones could have an adverse effect on other aspects of biz

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Updated On : 31 Aug 2017 | 10:40 PM IST

Telecom sector to create 3-mn jobs by 2018, claims study

The study said the existing manpower in the sector may not match up to the upcoming demand

Telecom sector to create 3-mn jobs by 2018, claims study
Updated On : 18 Aug 2017 | 12:44 AM IST

IMG discusses various options for stressed telecom sector

The inter-ministerial group (IMG), formed to address the stress in telecom sector, today undertook an internal meeting to discuss and finalise its report.During the meeting, the panel explored on various options like extending the deferred payment schedule, change in interest rate among others. However, no final decision was taken and another meeting is likely on August 16 to further deliberate on the matter.According to sources, a few members raised the point that financial health of the industry has started to improve and it can be seen with the numbers reported by operators in the first quarter. However, not everybody in the meeting agreed to it. The panel is likely to come out with its recommendations before August 27. The recommendation of the group will be placed before the Telecom Commission and ultimately to the Cabinet. The panel is also debating if some relief can be given to operators in terms of licence fee, which currently stands at 8 per cent of telcos adjusted gross ...

IMG discusses various options for stressed telecom sector
Updated On : 12 Aug 2017 | 9:19 AM IST

Telecom sector received FDI worth over $9.79 bn from 2014-15: Govt

The govt is taking initiatives to promote manufacturing in the telecommunication sector in India

Telecom sector received FDI worth over $9.79 bn from 2014-15: Govt
Updated On : 02 Aug 2017 | 5:10 PM IST

Short-term turbulence in telecom sector

Analysts see three big players with market share of 30% each after 12-24 months

Short-term turbulence in telecom sector
Updated On : 29 Jul 2017 | 12:53 AM IST

Banks' exposure to telecom sector at Rs 97,681 crore, says Jaitley

The Indian telecom industry is locked in an intense tariff war following entry of Reliance Jio

Banks' exposure to telecom sector at Rs 97,681 crore, says Jaitley
Updated On : 26 Jul 2017 | 3:18 AM IST

Sops in the works to push telcos ahead

At present, telecom companies pay an average of 8% of adjusted gross revenue (AGR) as licence fee

Sops in the works to push telcos ahead
Updated On : 21 Jul 2017 | 2:35 AM IST

Mergers and acquisition in telecom good for tower biz: Bharti Infratel

However, the company said the mergers will lead to short-term tanacies

Mergers and acquisition in telecom good for tower biz: Bharti Infratel
Updated On : 29 Jun 2017 | 4:46 PM IST

Telecom sector woes: IMG to give policy proposals to improve financials

IMG was set up to examine issues affecting viability and repayment capacity of telecom companies

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Updated On : 26 Jun 2017 | 12:53 AM IST

Reliance Jio vs incumbents: Govt assures telcos of 'corrective steps'

The telecom industry's outstanding debt was to the tune of Rs 4.5 lakh crore

Reliance Jio vs incumbents: Govt  assures telcos of 'corrective steps'
Updated On : 23 Jun 2017 | 8:53 AM IST

Govt expects telecom sector's health picture to be clear in 3 months

To revive the health of telecom sector in India

Govt expects telecom sector's health picture to be clear in 3 months
Updated On : 19 Jun 2017 | 7:46 PM IST

Banks express concern over stress in telecom sector

A bank official said SBI's exposure to telecom companies is in the range of Rs 80,000 crore

Banks express concern over stress in telecom sector
Updated On : 15 Jun 2017 | 1:14 AM IST

Inter-ministerial panel to examine financial stress in telecom sector

It will also recommend policy reforms and strategic interventions for the telecom sector

Inter-ministerial panel to examine financial stress in telecom sector
Updated On : 17 May 2017 | 8:57 PM IST

Inconsistency on spectrum

Telecom ministry needs to rethink its policy

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Updated On : 08 May 2017 | 10:45 PM IST

Telecom subscribers hit 1.18 bn in Feb: Trai

The Indian telecom market is second-largest in the world after China in subscriber base

Telecom subscribers hit 1.18 bn in Feb: Trai
Updated On : 02 May 2017 | 5:05 PM IST

RBI asks banks to closely monitor loans to telecom sector

Telecom sector has a debt of about Rs 4.6 lakh crore

RBI asks banks to closely monitor loans to telecom sector
Updated On : 18 Apr 2017 | 10:27 PM IST

While telcos merge, investors rush for tower assets

When number of telecom operators is shrinking the tower infrastructure companies are expected to lose tenants. But now there is an unusual rush to invest in these infrastructure firms. Yesterday KKR and CPPIB bought a 10.3% stake in Bharti Infratel for Rs 6193 crore in third such deal in the last six months where financial or strategic investors are lapping up the tower companies. In December Canada-based Brookfield Infrastructure bought controlling stake in tower business of Reliance Communication for Rs 11,000 crore. And in October American Tower Corporation (ATC) bought a 51% stake in Viom Networks for Rs 7635 crore which included 35% from Tata Teleservices."Telecom operators need cash as they now pay for spectrum at market price through auction so they are monetizing their investments in tower companies," says Manoj Tirodkar, chairman GTL Infrastructure. The Mumbai based telecom tower company is under strategic-debt-restructuring process to be completed in next 12 months with a ...

While telcos merge, investors rush for tower assets
Updated On : 30 Mar 2017 | 3:59 AM IST