Airtel, Vodafone, BSNL increase subscriber share while Idea manages to retain
The minister said the companies have given representation which is being examined by the DoT before taking a final decision.
Airtel has pitched for a hike in mobile and data tariffs.
Jio says it has completed mobile number portability testing and is certified MNP-compliant
Investors brace up ahead of the key macrodata- IIP and CPI numbers due to be unveiled tomorrow.
Taking head-on the private cellular operators, state-owned Mahanagar Telephone Nigam Ltd on Friday announced up to 60 per cent reduction in tariffs for cell-to-cell long distance calls.\n\n\n\n
For 2100-MHz, 2300-MHz and 2500-MHz bands across circles; aim to offer these with 3G and 4G in February
Battleground shifts to rural and small towns, where user base aspires to upgrade to smartphones.
The big advantage that Jio is able to garner currently is its low cost of operations.
New Delhi is also set to top its target of raising at least $13 billion.
The DoT report is expected by the end of the month.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
Bharti Airtel is the largest mobile phone operator in the country.
Ambani said Jio will offer the world's lowest data tariff
American Tower bulks up in India with $1.2 billion Viom stake buy
Country accounts for 38% of telco's global user base, 10% of total revenue
Among other segments, home broadband subscriptions have picked up and the virtual private network service, too, increased by around 15 per cent.
The Mukesh Ambani-owned company had complained to Trai about incumbents offering segmented offers to different customers
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
Feedback from telecom members indicated a 10 per cent increase in traffic, but no fears of choked networks. Telcos currently use 65-70 per cent of the network capacity. In other words, they have enough additional capacity to handle the new pressure without clogging the system.
Jio has accused incumbent telecom operators for not providing the required number of equipment to connect its mobile network with theirs
Telcos have indicated that rates will have to be raised, as higher volumes alone will not suffice to meet the higher costs.
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
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.
A large team led by Kumar Mangalam Birla has taken charge of the integration process.
Excise duties on mobile phones to be 1% without CENVAT credit or 6% with CENVAT credit. This provision will have marginal impact on telcos.
The companies have offered to pay upfront the principal amount due for licence fees and spectrum usage charges (SUCs) on the basis of adjusted gross revenue (AGR). This amount will not include the interest, the penalty, and the interest on the penalty.
As per data, call drop situation in Delhi has improved.
Unlike Reliance Jio's focus on 4G, it plans to segment the data market based on device prices and spectrum.
The total number of telephone connections in the country crossed the record one billion mark in May, bolstered by growth in number of mobile users.
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.
Sachin Bansal, who had co-founded Flipkart with Binny Bansal in 2007, would exit the company
"If we are not getting anything then I think it is end of story for Vodafone Idea," Kumar Mangalam Birla said at the HT Leadership Summit when asked about the future of Vodafone Idea in absence of a government relief on payment of Rs 53,038 crore dues.
Top three mobile operators spend $13.6 bln in auction
The reason is believed to be a 19% increase in interest cost.
To bring clarity, the department clearly defines terms such as promoter and competitor.
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.
Ambani's $15 bn bet will upend Indian telecom
Typically these are high-beta stocks and earnings are volatile
Revenue decline has left the operators with little money to service their mostly 3G and partly 4G infrastructure leading to poor data and voice quality.
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