The Telecom Regulatory Authority of India (Trai) has given its recommendations on the much-awaited issue of spectrum sharing.
Government's resolution on the contentious issue of spectrum usage fee seems to have found favour with telecom operators with none of them withdrawing their application from airways auction on the last day on Monday.
Total revenue dropped by 10.5 per cent to Rs 19,634 crore in the fourth quarter of 2017-18
The new proposals will lead to complex processes and huge costs for telecom service providers, without any substantial benefits: COAI
Vodafone Idea, the promoter of Aditya Bira Idea Payments Bank, said in a notification to the exchanges late on Friday that the board of the bank approved winding up the business, subject to approval from the Reserve Bank of India.
Spectrum auction ends, brings Rs 1.09 tln to govt kitty.
To bring clarity, the department clearly defines terms such as promoter and competitor.
GSM based mobile service providers jointly added over 44 lakh new customers, taking their cumulative customer base to 67.88 crore in September, according to data released by industry body COAI on Wednesday.
Telecom companies that bought spectrum in the 2G auction of November last year would lose around Rs 4,000 crore
Trai has said the three operators were "intentionally denying and delaying" the provision of points of interconnects (PoIs) to Jio, "only to restrict a new entrant thus violating the terms and conditions of licence and regulations of the Authority which also caused a lot of inconvenience to the consumers."
New Delhi is also set to top its target of raising at least $13 billion.
Cellular Operators Association of India (COAI) and Association of Unified Telcom Service Providers of India (AUSPI) have opposed the proposal to compensate consumers.
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
The total outstanding dues against Bharti Airtel is Rs 11,235.50 crore.
BSE Midcap and BSE Smallcap outperformed the frontline indices to gain 0.2% and 0.3%
The Mukesh Ambani-owned company had complained to Trai about incumbents offering segmented offers to different customers
The incumbent operators faced the onslaught of free offers and cheaper rates from Jio.
ONGC was the top performer while private banking major ICICI Bank extended gains
Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said.
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.
Jio makes data on call drops public, says 121 mn calls failed in a day
Customers of Vodafone, Idea Cellular, Tata Teleservices and BSNL in some circles have reported maximum discrepancies in their phone bills, according to a latest report by telecom regulator TRAI.
'At a time when massive strides are being made in bringing 5G technology to India, and with TSPs ramping up their infrastructure, it is unacceptable that a large number of complaints over quality issues continue to come in, even from major urban areas.'
The government has suffered a loss of Rs 12,488.93 crore (Rs 124.88 billion) due to under-invoicing of gross revenue by six telecom companies including Reliance Communications, Vodafone and Bharti Airtel, the CAG said in a damning report on Friday.
Successful bidders will have to pay 25 per cent of the amount upfront for sub 1 GHz, and 50 per cent upfront for higher frequency bands.
Adani Data Networks said it plans to create a private 5G network for its operations. However, it acquired the spectrum in the last 5G auction alongside three telecom companies. Subsequently, it was granted a unified licence for access services, which enables it to provide telecom services in the country.
It may be the season for corporate matchmaking but India Inc's record of managing partnerships is far from impressive, says Shailesh Dobhal.
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.
Bharti Airtel made part payment of Rs 4,725 crore.
Top three mobile operators spend $13.6 bln in auction
Upfront payment of Rs 32,000 cr just half of Budget estimate; no takers for 700 & 900 megahertz bands
For 2100-MHz, 2300-MHz and 2500-MHz bands across circles; aim to offer these with 3G and 4G in February
Joining the bandwagon of companies slashing mobile Internet tariffs, telecom operator Tata Docomo on Tuesday announced a cut in its 2G and 3G mobile Internet rates by a whopping 90 per cent from 10 paise to 1 paisa per kilobytes from July 1.
The launch of cheaper voice call rates through special tariff vouchers has come at a time when the sector has been seeing frequent increase in mobile call prices and reduction of discounts under schemes of various service providers since mid-2011.
However, the number of transactions declined to 76 in January-March this year from 110 in the year-ago quarter.
The uniform SUC, if implemented as per recommendations made by Telecom Regulatory Authority of India, will provide relief for mobile operators such as Airtel, Vodafone and Idea, but will increase rates for broadband wireless access spectrum holders like RJIL.
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.
'We have informed the government multiple times that the situation in the US and India are different.' 'Here, there will be a 500 MHz gap in the frequencies which will safely allow aviation without interference.'
The call failure rate, Jio said, has been worsening rapidly in the last few days, while augmentation of interconnection capacity is still awaited
Telco sector has been been cutting back on freebies and discounted minutes to maintain profitability.