The government is likely to get about Rs 24,000 crore from one-time spectrum fee that has been levied on existing operators for holding radiowaves beyond a prescribed limit.
Mind you, here we are not talking subscriber base or the pecking order in the India mobile phone market; this is simply about brand recall and the likeability factor.
Telco moves Delhi High Court against order; Vodafone expected to get notice too
Prepaid mobile customers in India has never had it so good. Vodafone, Idea, MTS & Aircel has confirmed that from Friday there will be only three types of vouchers for mobile recharge. Others too will have to follow soon.
After falling 11 per cent over the past six months, shares of Bharti Airtel gained over three per cent on news that the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) had given a split verdict on inter-circle 3G roaming arrangements between Bharti, Idea and Vodafone.
Telecom Commission says refarm all spectrum in 900-MHz band to 1,800-MHz band operators.
India Inc's quarterly net profit reached a record high of Rs 1.64 trillion in the third quarter ended December 31, 2020, mainly due to gains from higher commodity prices and a big swing in banks' earnings. The combined net profit of 3,323 listed companies that have declared results so far was up 68.6 per cent year-on-year (YoY). In comparison, earnings were up six times (534 per cent) in the second quarter and 6.5 per cent in the corresponding period last year.
Total revenue dropped by 10.5 per cent to Rs 19,634 crore in the fourth quarter of 2017-18
The SC had reserved its verdict on a bunch of similar petitions.
43 rounds of bidding has taken place.
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.
Bharti Airtel, Vodafone and Idea Cellular have demanded allocation of a part of CDMA spectrum in 800 Mhz band for GSM services.
A large migrant population, better law and order situation made the state attractive.
Competitive intensity has returned to haunt the telecom sector.
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.
Incumbent operators can retain 2.5-MHz spectrum in 900-MHz band, rest to be refarmed decision final.
The government has approved mergers between telecom companies with a combined market share of 35 per cent and rejected spectrum-sharing among 3G operators while restricting it for 2G operators.
The empowered group of ministers (EGoM) on telecom headed by Finance Minister P Chidambaram on Monday decided to impose a one-time fee on incumbent operators prospectively for spectrum beyond 4.4 MHz in GSM and 2.5 MHz in CDMA.
Although the industry is disappointed with the government decision not to lower spectrum prices at a time telcos are saddled with over Rs 4-trillion debt and an estimated Rs 1.43-trillion licence fee dues, the DCC has relaxed the payment structure to offer some relief to the financially stressed sector.
At present, GSM operators such as Bharti Airtel, Vodafone and Idea Cellular earn 10-12 per cent of their revenues from the national roaming services, which amount to Rs 10,000-Rs 13,500 crore.
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.
The joint letter to Manmohan Singh was written by Sunil Mittal, chairman of Bharti Airtel, Kumar Mangalam Birla, chairman of the Aditya Birla group which has promoted Idea Cellular, and Vittoria Colao, chairman of Vodafone Group Plc.
The market valuation of Reliance Industries, the country's most valued firm, is fast nearing the Rs 10 lakh crore mark, surpassing British energy major BP Plc.
The call failure rate, Jio said, has been worsening rapidly in the last few days, while augmentation of interconnection capacity is still awaited
On February 2, the court had ordered the cancellation of 122 licences issued in January 2008 under then telecom minister, A Raja, and directed the government to conduct the auction of vacated 2G spectrum in four months.
DoT has stated in an internal note that the 3G roaming agreements between these three companies are tantamount to their becoming mobile virtual network operators, something not allowed under the current policy.
Historically, public sector units were conceived of under the assumption that they will control the 'commanding heights' of the Indian economy, which were necessary for rapid industrial growth but where private investment was unwilling to enter.
The temptation to get into businesses that are hot is perhaps too great for any politician, no matter what his public slogans are. Nehru plunged into hot sectors of his time -- engineering and iron and steel. Modi has plunged into digital payments -- the hot sector of his time, notes Debashis Basu.
Firms to pay Rs 24,700 cr if spectrum formula is accepted.
Big three telecom companies term Jio's free voice calls predatory pricing
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Says Airtel-Vodafone-Idea pacts violate licence terms; firms may move TDSAT.
Under another plan, it will offer unlimited voice calling along with 100 SMS per day, 5GB 3G/4G data and free subscription to Wynk Music and Wynk Movies for Rs 1,599
Mobile tariffs are currently under forbearance, which means these are determined by market forces.
The telecom regulator had suggested imposition of a price on operators for holding spectrum beyond the contracted limit of 6.2MHz.
The list of companies skipping dividends in FY19 includes some of the country's largest firms and industry leaders such Tata Motors, Avenue Supermart, Future Retail and Vodafone Idea, among others.
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
Vodafone, Airtel, Idea provide services without spectrum.
Recently, companies like Bharti airtel, Idea Cellular, Vodafone and Reliance Communications raised tariffs for their services by about 20 per cent in most operating circles.
Initial success has prompted telecom companies to hardsell the new service.
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