The Department of Telecommunications (DoT) on Friday came out with a revised subscriber-linked policy for spectrum allocation to GSM operators, which is in line with the recommendations of the Telecom Regulatory Authority of India (Trai).
India's second-largest telecom firm Bharti Airtel on Tuesday reported a net profit of Rs 1,134 crore for the September 2021 quarter, and said it is witnessing strong business momentum with growth in 4G customers and increase in mobile ARPU. This is against a loss (attributable to owners of the parent) of 763.2 crore during the year-ago quarter, the company said in a statement. Its consolidated revenues for the second quarter of FY21 stood at Rs 28,326.4 crore, up 18.8 per cent year-on-year (on a comparable basis) and 13 per cent y-o-y on a reported basis, it added.
Telecom tower companies likely to invest around Rs 500 crore (Rs 50 billion) to enhance network.
Says spending $3 billion every year on networks alone
Reliance Communications on Thursday applied to the department of telecommuications for radio frequencies in the 1800 MHz band for operating mobile networks in 14 circles all over the country.
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GSM service provider Idea Cellular might get spectrum to start operations in the Mumbai circle by the end of the year, with the ministry of telecom close to clearing its application.
Senior BJP leader Yashwant Sinha has written a letter to Prime Minister Manmohan Singh, saying he is appalled and dismayed at the recommendations of Trai.
Many new players have challenged the offer by Bharti Airtel to pay Rs 2,650 crore (Rs 26.50 billion) to get a start-up GSM spectrum of 4.4 MHz. While some say they will up the ante and are planning to write to the government that they can offer more, others say the offer is meant to keep away new competitors.
Bharat Sanchar Nigam Ltd will foot the entire bill of a Rs 1,000-crore (Rs 10-billion) project to release 45 Mhz of spectrum from defence to civilian use, after providing the armed forces alternative equipment for their communication needs.
The government has set a total revenue target of Rs 40,874.5 crore (Rs 408.74 billion) this fiscal from spectrum, including auction amount, one-time spectrum charge and annual regular licence fee.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
Resignations of Anil Ambani and four other directors were conveyed to the CoC of RCom in its meeting on November 20 and were unanimously rejected.
The Global Mobile Suppliers Association on Monday rejected Telcom Regulatory Authority of India's proposal to allocate frequencies in the controversial US PCS band (1850-1910 MHz paired with 1930-1990 MHz) to the existing Code-Division Multiple Acces
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
Airtel CEO said, the 5G ecosystem is yet to develop in India and the prices are very high. Telecom companies including Vodafone Idea (VI) and Reliance Jio have also said that the current prices are exorbitant.
The govt is expected to achieve the revenue target of Rs 40,000 crore from spectrum sale this fiscal, Telecom Secretary M F Farooqui said.
The US is set for a geographically limited 5G rollout this Christmas, after a bumper $81 billion spectrum auction earlier this year. Just as the rollout date nears, the US Federal Aviation Administration (FAA) has sounded alarm bells over potentially fatal consequences of 5G interference on aircraft. Similar consequences could apply in India, where 5G spectrum auction is scheduled in January 2022, with the rollout beginning later next year (though reports suggest impending delays).
Govt is set to garner Rs 1 lakh crore from sale of radiowaves.
As the new owner, Airtel will take over Telenor India's spectrum, licences and operations, including its employees and customer base of 44 million.
In an effort to provide better connectivity and ease network congestion for its cellular subscribers even at peak hours, Bharti launched India's first dual band network in Delhi to leverage the benefits of 1800 MHz and 900 MHz frequency bands.
Flipkart crashing when sale of Xiaomi's Mi3 opened proves the phone has generated much interest.
The department of telecommunications, in the draft universal licence guidelines to be signed with telcos which recently won spectrum in the 1800 MHz auction of November, has included a new clause for foreign companies.
Company won spectrum in six circles in the 1,800 MHz band for Rs 2,221 cr in Nov; Nokia Siemens is technology partner for the rollout.
The Cabinet is believed to have asked the Department of Telecom to examine imposing a Swachch Bharat cess on spectrum charges paid annually by service providers.
According to rating agency Fitch, India can in the long run support five-six profitable telecom operators.
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Indian telecom sector has at present around 13 mobile phone service providers with some of them expected to go for consolidation once the final guidelines are in place.
Reliance Jio to take over mobile business assets of troubled RCom at an estimated value of Rs 24,000-Rs 25,000 crore.
A US court has asked Antrix Corporation, the commercial arm of Indian Space Research Organisation, to pay a compensation of USD 1.2 billion to a Bengaluru-based startup, Devas Multimedia, for cancelling a satellite deal in 2005.
Companies might have to shell out a fourth of the industry's annual net revenue to clear the obligation
The development comes a day after RCom posted a consolidated loss of Rs 30,142 crore for July-September 2019 due to provisioning for liabilities after the Supreme Court ruling on statutory dues.
Customers may lose freebies or have to pay a little more for mobile services in the days ahead as operators try to make up for Rs 61,100 crore they have committed to government in the latest spectrum auction.
GSM operators say upcoming auctions will be a dud, while govt hopes to rake it in.
The government takes pragmatic steps on telecom.
An Empowered Group of Ministers, headed by Finance Minister P Chidambaram, will seek legal opinion from Attorney General on its decision to charge around Rs 27,000 crore one-time spectrum fee from existing telecom operators.
Migration option scrapped for incumbent telecom operators; EGoM meets under Pawar today.
