Page 3 - Telecom Services

Telcos' AGR rises 18% to Rs 60,530 cr in Apr-June; govt collection up 19%

Telecom service providers' adjusted gross revenue grew 17.91 per cent on a year-over-year basis to Rs 60,530 crore in April-June 2022 with Jio leading in terms of revenue share, telecom regulator Trai said in a report on Wednesday. The adjusted gross revenue (AGR) of telecom service providers was Rs 51,335 crore in June 2021 quarter, according to the performance indicator report for quarter ended June 2022 released by the Telecom Regulatory Authority of India (Trai). The government collects it share of revenue from telecom service providers based on their AGR. Among pan-India mobile service providers, Jio made the highest contribution of Rs 21,515.88 crore with year-on-year (YoY) growth of 20.58 per cent to the AGR. Pan-India operator Bharti Airtel topped the chart in terms of growth rate. Its AGR grew 25.15 per cent year on year to Rs 17,140.56 crore. Vodafone Idea AGR grew 17.93 per cent to Rs 7,356.54 crore and BSNL registered 2.6 per cent year on year growth in AGR at Rs 2,177

Zoom seeking VoIP licence indicates organisational shift in India: Experts

Zoom Video Communications has sought approval from the government of India to launch its Zoom Phone services in India, according to media reports

Vodafone Idea shareholders' approve issuing debentures to ATC Telecom

Shareholders of debt-ridden Vodafone Idea have approved issuing shares worth Rs 1,600 crore to ATC Telecom Infrastructure on a preferential basis, according to a regulatory filing. Vodafone Idea Ltd's (VIL) board has given its nod to settle Rs 1,600 crore dues to equipment vendor ATC Telecom by converting the due amount into equity, if the amount remained unpaid in 18 months. As per the scrutiniser's report with respect to the voting on proposals during the Extraordinary General Meeting (EGM) held on November 21, as many as 99.99 per cent shareholders voted in favour of the "special resolution for issue of securities on a preferential basis". The report was submitted as part of the filing by the company to the stock exchanges on Tuesday. VIL is raising the amount through equity convertible debt bonds that carry a coupon rate of 11.2 per cent per annum payable every six months during its term. According to the company, the funds raised would be used to pay amounts owed to ATC under

Reliance Jio announces rollout of 'True 5G' service in Delhi, NCR cities

Company's welcome offer will give users unlimited data at up to 1Gbps speeds

Reliance Jio rolls out 'True 5G' network service in Delhi-NCR

Jio has developed its 5G network on the standalone technology which has zero dependency to its existing 4G network

New set of proposals on media ownership in the works, says TRAI chief

Second time in eight years that TRAI will be issuing guidelines. Comes amid the Adani-NDTV spat. Regulator had released consultation paper in April

IAMAI asks govt to content and broadcasting services out of telecom bill

IAMAI said in its submission that 'telecommunication' can cover video calls, emails, messages as well as other cloud service providers

Building 5G use cases needs strong public-private alliance: Nasscom study

Sectors such as healthcare, energy & utilities, manufacturing, and retail are expected to benefit from large-scale 5G adoption, which is expected to power up to 2 per cent of India's GDP by 2030

5G set to cover 80% of India by next October if chip supply is assured

Telcos to install over 1.5 million radios by then; all metros, and towns will be covered, say vendors

C-DOT emerges as govt's biggest bet for India's ongoing 5G rollout

The body's latest achievement is designing a fully indigenous non-standalone 5G core in record time

Jio True 5G now in Bengaluru, Hyderabad; unlimited data under welcome offer

Starting November 10, Jio users in Bengaluru and Hyderabad will be invited to the 'Jio Welcome Offer', to experience unlimited 5G Data at up to 1 Gbps+ speeds, at no additional cost

BSNL gets Centre's nod to sign Rs 26,821 crore 4G deal with TCS: Report

Tata Sons' unit Tejas Network will manufacture the equipment locally for BSNL

Vodafone may have to raise tariffs to meet a Rs 6,400 cr shortfall by Sept

Goldman Sachs said Vi would need a sharp capital raise or a tariff increase to remain competitive. It is the only telco which has not yet given a timeline to launch its 5G services

Call on hold

Vodafone Idea's debt conversion should not be delayed

No word from DoT on dues' conversion since April: Vodafone Idea CEO

In an analyst call following the release of Vi results, CEO Akshaya Moondra said the company is trying to quickly close funding talks with banks so that stuck vendor payments can be quickly addressed

Vodafone Idea Q2 loss widens to Rs 7,595 crore on higher expenses

Gross revenue in the second quarter of FY23 increased by 12.8 per cent YoY to Rs 10,614 crore

5G: 90% telecom sector firms may hire professionals in December quarter

The intent to hire professionals in the telecom sector has improved in the December quarter when compared to the preceding quarter, according to the TeamLease report.

To improve ARPU, telcos to hike tariffs more frequently in FY23: Report

Reliance Jio is most likely to lead the hikes as it is now focussing on profitability and aims to launch an IPO in next couple of years

Indian iPhone users may get to use 5G services starting next week

Apple Inc made the commitment at a meeting of key mobile device makers called by the DoT on Wednesday

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