Page 2 - Telecom Sectors

State-run telco BSNL seeks Rs 40,000 cr support from government

This is beyond the Rs 69,000 crore relief package that was announced in 2019

Tech view: Bharti Airtel may rally another 15% once it scales all-time high

On the monthly time frame, the breakout above Rs 500 levels earlier has triggered strong upward momentum

Global telecom gear MNCs urge govt to change norms, seek level field

Global equipment manufacturers call for sweeping changes to calculation of value addition norms

Incremental spectrum usage charge only on holding in shared band: Trai

Trai has also recommended that suitable exit clause for intimation of termination of existing spectrum-sharing arrangement by the operators be included in the spectrum sharing guidelines.

Telecom Secretary Anshu Prakash asks industry to boost rural connectivity

Telecom services have grown in leaps and bounds becoming "a basic requirement in list of essentials" but the path ahead is fraught with "challenges" for the industry

India Inc's deal activity at a 6-year low amid Covid-19 pandemic

Last year, India Inc sealed deals worth $88.88 billion in the January-July period, but this year the total transactions are $56.73 billion, fueled mainly by RIL-Jio deals

DoT sets stage for spectrum auctions this year; MSTC selected as auctioneer

Given the high possibility of operators shying away from participation, the DoT is yet to decide on including the premium 5G spectrum in the tender.

DoT to bar foreign telecom vendors that exclude purchase from Indian firms

The order is part of govt's Public Procurement (Preference to Make in India) order 2017 which envisages to source domestically manufactured products to encourage 'Make in India'.

IndusInd Bank: No respite on asset quality yet as telecom exposure spooks

Despite the bank clarifying on its telecom sector exposure, it hasn't helped the stock price much

Telecom dues: Curative petitions rarely admitted by SC, say analysts

The rules around curative petition are fairly tight as the petitioner has to establish that there was a genuine violation of principles of natural justice, say analysts

Tariff offers transparency: Trai extends deadline for receiving comments

The move came after Trai received a significant number of complaints from individual consumers on lack of transparency in disclosure of tariff information

How the telecom mess got messier

Is there a way out? First and foremost, recognise that we are dealing with issues of solvency

Even BSNL and MTNL acted the same way as us on licence fee: Bharti Airtel

Telco says BSNL and MTNL, which are arms of DoT, also paid licence fee on the same basis

Vodafone Idea must better services to plug user churn, say experts

Analysts say make customer centricity a priority to improve performance and reassure stakeholders

Lenders fret on ways to recover dues from ghost telecom companies

Continued losses put a question mark on nearly Rs 7 trn worth of equity investment, including reinvested earnings of operators

Another blow to telecom

Govt needs to decide what it wants to do with the sector

AGR verdict: Banks fear additional stress from telecom service providers

Intense competition among telcos had already impacted financial profile of firms and court judgment would now only add pressure to burden of paying interest and principal: Senior executive with SBI

AGR verdict: Clock ticking for a 2-horse race and a boost to Reliance Jio

The verdict will also provide a relief to the government, which is reeling under the problem of controlling its fiscal deficit with some extra revenue

SC's AGR verdict will have devastating impact on telecom firms, say experts

Stakeholders upset, given India's telecom tariffs are among lowest in world

Telecom revenue fell 10% in 2018 over cutthroat competition and tariff war

Spectrum usage charges (SUC) yearly declined 17.74 per cent, from Rs 5,089 crore in 2017 to Rs 4,186 crore in 2018