The $6,00,000 fine by Financial Industry Regulatory Authority, which oversees broker dealers, comes after the US authorities hardened their stance on offshore tax operations with a series of actions in the past few months.
While only 78.15 per cent of Jio's total subscriber base was active, Airtel boasts of 98.14 per cent active customers.
Telecom regulator TRAI on Thursday said that operators will have to provide an optional tariff of per second call along with other packages or plans.
A decision on this issue is important because new operators would shy away from bidding for a standalone 3G licence if they are made to wait for years to get the UAS licence even though they have won bids for 3G. That would make the 3G project unviable from the very beginning.
Indian telecom operators may soon be asked to compulsorily give their customers the option of paying tariff based on usage per second instead of the current per minute pulse, sector regulator TRAI said.
Issuing its recommendations on Net neutrality, Trai has also suggested a multi-stakeholder body comprising telecom and Internet service providers, content providers, civil society organisation and consumer representatives for monitoring and investigation of violations.
The government is set to participate in the business of television ratings that is primarily meant to guide the broadcasters, the media agencies and the advertisers, to determine their programme scheduling, advertising spends and the placement of the advertisements.
Barack Obama on Thursday named Mary Schapiro, head of the securities industry's self-regulatory body, as chair of the Securities and Exchange Commission.
While the Telecom Regulatory Authority of India has approved the access of TV on mobiles, service providers still cannot stream live TV channels on to the handset due to spectrum allocation from the Ministry of Information and Broadcast. However, since the regulations do not allow a direct transmission of TV channels, service providers as well as content providers have started using a technology called Unicast which provides content to end-user on a one-on-one basis.
The department of telecommunication has decided that the existing variable licence fee structure for telecom operators should be replaced with a uniform one. An departmental note suggests a uniform licence fee of 8.5 per cent for all types of services.
The per second billing introduced by telecom companies has come as a boon to millions of mobile users in the country but it is proving to be a bane for cellular service providers as it is affecting their revenues, feel industry experts.
The Telecom Regulatory Authority of India (Trai) will complete the consultation process for linking 3G spectrum price with 2G spectrum by July 15 and expects the government to wait for its proposals before taking a decision.
The Department of Telecommunications (DoT) is likely to reject the telecom regulator's proposal to charge operators holding excess spectrum at a rate determined on the basis of the ongoing 3G bids.
Trai said, the operators should ensure that payout per month of the 'best fit plan' generally does not exceed the payout per month of existing tariff plan of the subscriber.
Given how the Telecom Regulatory Authority of India's (Trai's) recommendations on 2G spectrum will hit telecom firms, it's not surprising that telecom stocks have plunged. Of course, the fun and games have only begun since it is up to Telecom Minister A Raja to decide whether to accept the recommendations, which ones to accept, and when to accept.
The Telecom Regulatory Authority of India (Trai) chairman J S Sarma said his recommendation to tweak the existing norms for mergers and acquisitions aims to prevent the union of two big companies or a big and a medium-sized operator, but it provides enough scope for mergers between others.
Rs 3,050-crore penalty on Airtel, Voda Idea gets nod. Final decision will be taken by DoT.
Lower margins, caused by substantial cash outflows and increasing competition, are seen as negatives for the sector.
Bharti Airtel on slammed telecom regulator TRAI's recommendations on spectrum fee, saying they are retrograde and arbitrary.
Operators with more than 6.2 MHz of spectrum in GSM will have to cough up more if the Telecom Regulatory Authority of India has its way. Trai is recommending sweeping changes in the country's telecom landscape by replacing the current subscriber-based allocation of 2G spectrum.
Telephone Regulatory Authority of India's decision not to give permission to political outfits to launch satellite channel has come as a dampener for many parties, which were planning to enter the television arena ahead of the next year's general elections. Several state governments, including Delhi, Tamil Nadu and West Bengal, and political parties had approached the Ministry of Information and Broadcasting seeking permission to start their own television channels.
A 10 per cent increase will be allowed if the rent value is 36-45 per cent less, while a 15 per cent hike can ensue if the rent value is 46-55 per cent less than the prescribed guidelines.
Analysts at rating agency ICRA say the debt level of the telecom companies is very high and the ecosystem for the premium band is not in place.
The books of these companies had come under a cloud after it was alleged that many of them had not been paying the goverment's share of revenue by showing the revenue earned under other categories. Under a suggestion of the Telecom Regulatory Authority of India, a special audit of all the integrated telecom companies will be undertaken once in 3-5 years.
With the maulana fully committed and PML (N) cadres prepared to court arrest, this would be the first time where both Punjabis and Pakhtuns would be standing up against the Pakistan army, notes Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
Trai has asked the department of telecommunication to 'keep in abeyance' the grant of new 2G (mobile) licences till the watchdog finalises its recommendations.
Trai on Monday put forward a consultation paper seeking views from the industry and experts on issues like permitting the internet service providers to have interconnection with landline and mobile telephones to provide internet telephony within the country. According to the existing licensing provisions, there is no restriction on international PC-to-PC calls through internet telephony.
With Air India in dire straits, a demand was made on Wednesday by a Bharatiya Janata Party member in Lok Sabha for a Joint Parliamentary Committee probe into the workings of the national carrier, which has incurred Rs 5,000 crore (Rs 50 billion) losses.
Trai has fixed a minimum 'contention ratio number' of users who can share the same bandwidth. Earlier, there was no such restriction on operators and they were offering the service at a contention ratio of 1:80 to 1:100 (which means the same bandwidth would be used by 80 to 100 customers). Under the new guidelines, the contention ratio for broadband at home has been fixed at 1:50 and for business at 1:30.
The all-business-class carrier Paramount Airways is planning to increase its fleet fourfold by 2011 to 20 air planes at a time when major airlines are grounding aircraft and adopting low-cost model.
The government may relax the Telecom Engineering Centre's recently finalised spectrum allocation criterion, the minimum subscriber limits that entitle mobile service operators to additional spectrum, radio frequencies that enable mobile communications.
In reply to a Rajya Sabha question, minister of state for information and broadcasting Anand Sharma stated that the Telecom Regulatory Authority of India had informed that a comparison of entry level package prices of a few DTH operators with CAS offerings reveals that DTH pricing in the country are not exorbitant.
It's difficult to say whether the CBI will find enough proof against telecom minister A Raja or whether it will get caught in the parcel of half-truths he's been dishing out on how he's just followed the recommendations of the Telecom Regulatory Authority of India and the actions of his predecessors.
The new greenfield airports should not charge different user development fee from domestic and international travelers and such charges should be regulated by a regulatory authority, global airlines body International Air Transport Association said on Tuesday.
The TDSAT scrapping the Trai's judgement on channel pricing is a major victory for broadcasters, but could also see consumer prices moving up.
In its recommendations to the government, Trai said the provision of calling cards would allow consumer to exercise choice of long distance operator for the national and international calls. The authority has, therefore, recommended amendment of NLD/ILD operators licence conditions to allow them to access customers directly for national and international long distance calls, respectively.
The telecom regulator in the second ultimatum to GSM operators, including Bharti, Vodafone and BSNL, has given August 21 as the deadline to give interconnections to the RCom GSM network. Trai has cited it as a licencing condition to provide interconnection among the service provider implying if a mobile operator does not give interconnection to another based on mutual commercial agreement, it is a violation of license condition attracting penalty.
As per the Trai recommendations, the STD service providers would be connected to ISPs through public internet for the purpose and the two service providers would have mutual agreement for the same. The move will permit calls from personal computers to fixed line and mobile phones. Currently, a voice call can travel between two computers but not from a mobile or a fixed phone.
The Imran Khan government termed the leaked video "doctored" and demanded its forensic audit, saying that "it is an attack on the judiciary."
NDTV operates news channels, including NDTV 24X7 and NDTV India.
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