Telcos should not give up freedom to set tariffs
Bharti Airtel's board has already approved raising $3 billion through a combination of equity $2 billion and debt $1 billion
The company has clarified that apart from $2 billion through QIP, the overall issuance for now shall be up to $1 billion, making it a total of $3-billion fund raising
Operating profit of Bharti Airtel, Vodafone Idea to increase by Rs 7,000- 9,500 crore
SIM consolidation, inferior network and negative free cash flows even after hike are the key worries for the market
The company has announced new plans for prepaid product and services with 2 days, 28 days, 84 days, 365 days validity
India has no alternative to cable broadband; network assets must reach every home
"Cancellation of licence shall adversely affect the business," said a tribunal bench of MK Shrawat and Chandra Bhan Singh.
There have been reports of telecom companies approaching the regulator to fix the floor price or minimum tariff to be offered by them
As operators have already announced that they will increase tariffs, Telecom Regulatory Authority of India will wait to see how the entire situation unfolds
Looking back to a time when the biggest telcos and funds from across the world queued up with top dollars, many in the Indian telecom business rose up the rich list, and how
The differing opinion of Reliance Jio on the issue would only complicate the matter
Telco says BSNL and MTNL, which are arms of DoT, also paid licence fee on the same basis
The latest move by the Telecom Regulatory Authority of India is aimed at ensuring that banks, insurance companies and others would have a ready list of mobile numbers that are disconnected
The financial system cannot afford another massive hit after the PSB saga, NBFC/HFC problems and urban cooperative bank fiasco
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
Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity
Traffic symmetry indicates that a telecom operator will not have any outstanding balance of interconnect usage charges (IUC) against other networks
Industry bodies have expressed their reservations about the decision
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