The new "combo vouchers" will enable customers to add value in their mobile phone account as well as avail services at discounted rates.
Indian telecommunications companies are ringing louder. Bharti Airtel and Reliance Communications are among the big league of gloal telecom companies.
A senior department of telecommunication official said the estimated figure for 2009-10 is Rs 10,000 crore and the actual figures could be a little higher.
Apex auditor CAG on Friday lamented that private telecom operators are not providing their account books to it, despite a request from the government.
Earlier, RBI had allowed domestic entities to invest in overseas unincorporated entities in the oil sector, up to 400 per cent of the net worth of the Indian company, under the automatic route.
Only those foreign companies with an existing presence in Indian telecom finally put in bids for the 3G auction. The last date for applications was March 19.
From January 15, callers will have to dial numbers with prefix '0' for making calls from landline to mobile phone. Announcing the decision, the communications ministry said the move would free up sufficient numbering resources for future use, and nearly 2,539 million numbering series are expected to be generated as a result. There will be no change with respect to dialling numbers for fixed-to fixed, mobile-to-fixed, and mobile-to-mobile calls.
Vodafone Idea will gradually lose market share given its weak balance sheet and limited financial flexibility, says Fitch.
Even as the slogan of their lifetime tariff promise customers one-time service charge throughout life, telecom operators have sought regulatory authority TRAI's
Vodafone, one of the largest GSM operators, had said that service providers like itself and "Bharti pay the highest spectrum charges per MHz to department of telecommunications compared to others. . .
In July 2012, TDSAT gave split verdict where one of the bench member ruled in favour and other member ordered against it.
Vodafone plc has made it clear that it will not make any fresh equity infusion in its Indian telecom business--Vodafone Idea Ltd (VIL). Responding to a query, a spokesperson at the UK-headquartered telco said: "Just to confirm our position, there will be no new equity infusion from Vodafone Group." This is the first time that Vodafone has spoken about its stand after the government announced a telecom package.
Debunking a government charge about forming a cartel, India's top three private telecom players - Bharti, Reliance Infocomm and Videsh Sanchar Nigam
Idea, Reliance and BSNL have call drop rates in the range of 10 per cent or above.
A Vodafone Group insider with more than 25 years in the telco across geographies, he's like the eyes and ears of the multinational in India.
Ambani is banking on new businesses to boost profit as earnings from producing oil and natural gas has slowed in the past three years.
Overall, the credit profiles of players will be supported by healthy balance sheets and liquidity. Prudence in capital and development expenditure, efficient working-capital management, and recent equity raising will help sustain credit metrics in FY22.
The total outstanding dues against Bharti Airtel is Rs 11,235.50 crore.
Telcos have indicated that rates will have to be raised, as higher volumes alone will not suffice to meet the higher costs.
Telcos propose licence regime for apps like WhatsApp, Skype.
Telcos in line of fire over call drops, inflated bills
According to a study by analyst firm Angel Broking, once the MNP facility is operational, mobile operators' average revenues per user, the benchmark of a telecom operator's financial strength, would get adversely impacted by around 5 per cent. Telecom companies' margins would also drop by 100-150 basis points and even earnings per share estimates would be pruned by 9-21 per cent.
day after Finance Minister Nirmala Sitharaman announced a Rs 1 lakh crore spending package, a top government source said the Centre has not closed its options for another stimulus package.
Telcos may hike mobile rates to recover spectrum cost: Moody's
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Instead of tinkering with roaming, the circle system should be ended.
The books of these companies had come under a cloud after it was alleged that many of them had not been paying the goverment's share of revenue by showing the revenue earned under other categories. Under a suggestion of the Telecom Regulatory Authority of India, a special audit of all the integrated telecom companies will be undertaken once in 3-5 years.
The new telecom players in the country, which had received licences in January 2008 and were subsequently allocated spectrum, are ready to roll out services in the next three to four months.
Mukesh Ambani-led company will squeeze market shares and margins of existing players
Airtel, Vodafone, Idea, RCom, Reliance Jiosubmitted applications.
In an interview to PTI, Raja said his ministry would keep a vigil on these players and on their plans to start operations (50 per cent in the first year of spectrum allotment). Raja's assertion has come at a time when he is faced with criticism following the high-value stake-sale of two new telcos -- Unitech Wireless and Swan Telecom -- who are yet to start services.
The economic slowdown may have raised the spectre of job losses in most industries, but telecom is a notable exception. Far from cutting back, telecom companies expect to hire over 16,000 people, 15 to 20 per cent more than last year, to meet the unprecedented expansion in subscriber numbers, according to the Cellular Operators Association of India, the association for GSM service providers.
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According to the regulator, a large number of complaints relate to calls or messages received by consumers on behalf of banks, insurance companies and builders.
Global rating agency Fitch on Tuesday said the imminent entry of Reliance Jio into the telecom space will see a likely 20 per cent fall in data tariffs, but will not have any impact on the credit profile of the top four incumbents in the medium term as their revenue is on an uptick on rising voice tariffs and improving regulatory environment.
This means the regulator can bring rates under regulation once again. Currently, the rates are determined by market forces.
Reliance Communications has launched a seven-inch tablet at Rs 13,000 per piece and Bharti Airtel's Beetel at Rs 8,000 a piece.
Callers will soon be required to add '0' prefix for making calls from landlines to mobile phones in the country, with the telecom department asking telcos to make necessary arrangements by January 1 to implement the new system. The department has accepted sectoral regulator Trai's recommendation for having the '0' prefix for such calls, a move that will create sufficient numbering space for telecom services. The Department of Telecom (DoT) in a circular on `modification of dialling pattern from fixed line numbers to cellular mobile numbers' said in order to ensure adequate numbering resources for fixed line and mobile services, Trai's recommendations dated May 29, 2020 have been accepted by the Department.
Mobile Telecommunications Company (Zain), the third largest telecom operator in West Asia and a leading operator in Africa, has initiated talks with several Indian telecom service providers to buy stakes.
With the Beijing Olympics 2008 starting from Friday, three of the major Indian telecom service providers Reliance Communications, BPL Mobile and Tata Communications are launching services aimed at tapping the communication potential of the event.
Expressing deep concerns over India's policy of preferring domestically manufactured information and communication technology goods, the apex body of US telecom industry has told lawmakers that this will have negative impact on exports and economic competitiveness.
The broad idea was endorsed by the DoT's internal panel in its report on the Telecom Regulatory Authority of India's recommendations last year on spectrum management and other licensing issues.
