At the moment, data and broadband is small for BSNL: it contributes 10 per cent of the company's revenue, though its share is on the rise.
Despite low tariffs, voice usage is not growing.
Premiumisation, improving demand aid realisation growth at most large firms
Financial shares were the top losers.
Telecom companies have put in bids worth Rs 58,332 crore (Rs 583.32 billion) in spectrum auction at the end of 49 rounds on the 7th day of bidding on Monday.
The auction started off with the 36th round this morning. At the end of 35 rounds on Friday, bids worth around Rs 54,600 crore had been received by the government.
The DoT estimates that it will receive Rs 29,524 cr in revenue from the telecom industry in FY18, which is 38% less than the Budget revenue target of Rs 47,300 cr for FY18
India's largest-ever spectrum auction kicked off on Saturday with major telecom operators placing bids worth Rs 53,531 crore across bands, even as the premium 700 Mhz and 900 Mhz frequencies did not find any buyer.
Telecom subscriber base crossed the 95-crore mark in August, after a gap of more than two years, on the back of higher mobile users whose number touched 92.43 crore.
Last year, the software giant launched a cloud adoption programme for SMBs.
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
The DoT report is expected by the end of the month.
When it comes to the number of phone bill disputes, Vodafone, Idea Cellular, BSNL and Aircel were high on the list in several service areas during the quarter ended June.
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
Reliance joins a number of large companies, including the Essar and Adani groups, which are raising loans abroad as interest rates in India remain high.
From Rafale relief to heat on realtors, 10 landmark Supreme Court judgments in 2018.
Reliance Jio Infocomm has announced that it would launch commercial 4G services in 6 to 8 weeks.
Midcap stocks continued to remain on buyers' radar with BSE Midcap index up 0.1%.
The return of investor confidence in the equity markets is bringing some of the large companies back to the fund-raising table.
Most of the session's gains for both the indices were wiped out as investors rushed to book profits ahead of F&O expiry on Thursday and also due to concerns over stretched valuations.
High spectrum charges would lead to rise in mobile services rates and adversely impact government's Digital India initiative by impeding telecom network expansion.
To bring clarity, the department clearly defines terms such as promoter and competitor.
The management plans to invest Rs 27,000 crore in 2019-20, supported by savings of around Rs 14,000 crore that it expects to come from synergising operations of merged entities.
'Unless India Inc's earnings offer promise in March 2017 quarter, sentiment may not reverse in a hurry.'
Eight telecom companies, including Bharti Airtel, Vodafone and Idea Cellular, the biggest three in the country, bid a combined Rs 61,162 crore (Rs 611.62 billion) in the spectrum auction held earlier this month.
Reports by CAG earlier on the 2008 telecom licence scam had resulted in the cancellation of 122 licences.
Bharti Airtel made part payment of Rs 4,725 crore.
43 rounds of bidding has taken place.
The incumbent operators faced the onslaught of free offers and cheaper rates from Jio.
The interconnection charge has been reduced.
Jio makes data on call drops public, says 121 mn calls failed in a day
After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.
Pammi Aunty's gappe-shappe sessions with Sarla Bahenji have made Ssumier S Pasricha an internet star, says Manavi Kapur.
Dissing rivals is not going to cut much ice with today's millennials who don't think what is "free" is any worse than what is paid for, says Ambi Parameswaran.
Govt likely to make security clearance mandatory for telcos irrespective of equity holding before giving licences; DoT members to meet today.
Telecom Regulatory Authority of India, on October 15, gave its recommendation on spectrum auction for premium 900 Mhz band and 1800 Mhz band that are presently being used for 2G GSM mobile services by Airtel, Vodafone, Idea Cellular and Reliance Communications.
Revenues of Airtel and Idea have been hit by falling realisation and analysts said margins would be affected by higher costs.
Evolving a common work ethic and culture will be critical so that the merged entity does not lose focus on the common enemy outside -- and instead becomes more obsessed with internal turf wars.
The recent Indian telecom spectrum auction will hasten industry consolidation, strengthen tariffs and reduce regulatory risks.
Most Asian stock markets steadied on Wednesday.
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