Airtel and Vodafone Idea are also trying to expand the penetration of 4G users in their subscriber base as they take this network to the hinterland
Demand for 1,800-MHz weak but govt secures a combined Rs 42k cr on Day-1
Govt says there is enough spectrum, telcos differ
The Indian market is more in sync with mobile markets of advanced countries like the UK, Japan, and South Korea, where there are fewer players - three to four.
India Inc's cash pile was up 13.8 per cent last fiscal year, thanks to a combination of higher profits in sectors such as IT and fund raising by top companies such a Reliance Industries, Bharti Airtel and Tata Motors, among others.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Service was launched in Mumbai in July and it will be expanded across the country in a phased manner
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
The 30-share Sensex provisionally ended up 112 points at 28,555 and the 50-share Nifty closed 24 points higher at 8,561 after hitting a record high of 8,626.95.
Will open radio access network technology (O-RAN) disrupt the way 5G networks roll out in the country? After all, it promises to offer a substantially lower capital cost, enables the choice of an array of vendors, and provides more network flexibility - all very important for telcos who expect to invest over Rs 60,000 crore to roll out a pan-India 5G network and that's without spectrum costs. But more importantly, it counters the stranglehold of global telecom gear makers such as Ericsson, Nokia, and Samsung over telcos to whom they sell propriety technology and bundled hardware and software.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
According to a Deutsche Bank report, the Idea-Vodafone combine will have to pay a 30 per cent lower annual installment on spectrum due to the longer duration of the payment tenure.
As per data, call drop situation in Delhi has improved.
VIL has countered Trai's contention that the RedX plan, which commits higher speeds, should have been informed separately so different aspects could have been examined before such service was launched.
India's telecom sector has been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies. India could go back to a private sector duopoly with just Reliance Jio and Bharti Airtel surviving the mayhem. The third player, Vodafone Idea, could be history.
Asian Paints was the top gainer after the paints major posted robust first quarter earnings.
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At the close of trade, telecom stocks ended with as much as 4.3 per cent loss.
The Sensex ended above 27,000 for the first time while the Nifty topped 8,100.
While moving towards the new technology is compelling and inevitable, powering 5G would also mean massive initial investments for telcos, says Surajeet Das Gupta.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The move comes against the backdrop of the US and some of its allies banning the purchase of Chinese telecom gear over security concerns and pressuring other countries to follow suit.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The market could see a fresh round of tariff war, similar to what happened in the voice market a few years ago.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Sensex ends 134.91 pts down at 28,709.87; Nifty falls 44.70 pts at 8,712.05.
Apple, which is seeing declining sales elsewhere in the world, is betting big on India for growth as sales here saw an impressive 56 per cent growth in the January-March 2016 quarter.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
The government should convert Vodafone Idea's (Vi) debt into equity to avoid a duopoly in the telecom sector, Deutsche Bank Research said in its report on Monday. This, the bank suggested, would be the only viable solution in the backdrop of the Supreme Court dismissing the telecom company's application for recomputation of adjusted gross revenue (AGR) dues.
In the latest move, the telco has reduced validity for its Rs 309/509 packages from 84 days to 56
Under the UASL norms, spectrum is linked to licences, and a particular band of radio wave is restricted to be used in a particular technology
Bharti Airtel is the largest mobile phone operator in the country.
Banks stocks continued to trade weak along with FMCG major ITC.
The DoT has issued long-awaited migration guidelines which pave way for Internet service providers (ISP) like Reliance Jio Infocomm and Tikona, that have BWA spectrum, to offer mobile telephony service by paying an extra fee of Rs 1,658.57 crore (Rs 16.58 billion).
Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ended on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources. Reliance Jio on Thursday paid Rs 195 crore to the telecom department to clear all adjusted gross revenue dues accounted till January 31, 2020, according to an official source.
Reliance Jio bought spectrum in the 1800 MHz band last February.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
In effect, companies which put their money in telecom in India would have done much better to keep the cash in bank and earn interest.
Market leader Bharti Airtel added the maximum 17.22 lakh (1.72 million) new users during the month to take its base to 19.65 crore (196.5 million) at the end of November.
Among other segments, home broadband subscriptions have picked up and the virtual private network service, too, increased by around 15 per cent.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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