Leading telecom service provider Bharti Airtel has urged the government not to change existing spectrum allocation criteria and to continue with the additional 2G spectrum allocation policy based on subscriber figures.
Interconnect user charges are paid by one telecom service provider to another for enabling calls from one network to the other. The present interconnect charge of 30 paise per incoming minute was fixed in 2003. The price was considered high even then. Now, with equipment prices falling, a revision was called for, said industry analysts.
The lobby group of CDMA mobile players like the Reliance Communications and the Tatas has accused that the government was favouring the GSM players while deciding the criteria for spectrum allocation and in its pricing.
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.
Asia's richest man Mukesh Ambani on Thursday said his oil-to-telecom-and-retail conglomerate is not seeking short-term profit but is in the business of creating wealth for the nation. Speaking at the company's annual shareholder meeting, he said all businesses of Reliance Industries Ltd continue to be key drivers of the Indian economy and have become a success story. "We are not in the business of pursuing short-term profit and hoarding wealth. "We are in the business of creating wealth for India," he said.
GTL has set up a special purpose vehicle -- GTL M&A Services -- through which it will provide services like engineering, operation and management, designing and building of network infrastructure. The company would provide remote network managed services from India.
The conversion of interest into equity stake for the government in Vodafone Idea (Vi) will be decided after the telecommunications (telecom) company's stock price stabilises above Rs 10, India's largest mobile tower installation company Indus Towers has said in its second-quarter report. The board of Vi had, in January, approved the conversion of Rs 16,130 crore worth of interest on adjusted gross revenue dues into equity for the government. This will give the government around 33 per cent stake in Vi.
Rival operators' lobby to approach Delhi High Court.
The government will conduct a spectrum auction this year, which will facilitate the roll-out of 5G services by private telecom operators during the financial year 2022-23, Finance Minister Nirmala Sitharaman said on Tuesday. "Spectrum auctions will be conducted in 2022 to facilitate the roll-out of 5G mobile services within 2022-23 by private telecom providers," Sitharaman said. She said the telecommunications sector in general and 5G, in particular, can enable growth and offer job opportunities.
The Supreme Court on Friday dismissed the applications filed by telecom majors, including Vodafone Idea and Bharti Airtel, seeking rectification of the alleged errors in calculation of Adjusted Gross Revenue (AGR) related dues payable by them. "All the miscellaneous applications are dismissed," a bench headed by Justice L Nageswara Rao said while pronouncing the order. The telecom companies had submitted before the apex court that arithmetical errors in the calculation be rectified and there are cases of duplication of entries.
RCom had won 3G spectrum in 13 circles, including Delhi and Mumbai.
The bench also took on record, the statements of Solicitor General G E Vahanvati that the government was considering comprehensive changes in the archaic Indian Telegraph Act, 1885, which laid down rules for interception of telephones.
RCom and Tata Teleservices are the top net losers of subscribers under mobile number portability (MNP) services.
The government has given an option to telcos to pay back interest on dues through equity and also conveyed that it has no interest in acquiring any telecom company, a top official of debt-ridden Vodafone Idea has said. Vodafone Idea Ltd (VIL) managing director and CEO Ravinder Takkar in an interview to PTI said it is clear that the government wants the company to compete in the market and there should be at least three private service providers in the telecom sector. "I have had many many interactions across various parts of the government leading up to this announcement (telecom reforms).
Telecom software company Hughes Software Systems today said it was looking for acquisitions and will hire 2500 people by March 2006.
Soma Networks, a US-based provider of mobile Worldwide Interoperability for Microwave Access (WiMAX) products and services, plans to launch compact WiMAX-enabled devices in India within six months.
Telecom operators who offer BlackBerry services are also ISPs. The feasibility of this solution, says DoT, will be explored after discussions with the Intelligence Bureau as well as the ISPs.
Telecom Regulatory Authority of India on Monday failed to get any interim relief from the Supreme Court as it refused to stay telecom appellate tribunal TDSAT's order restricting regulator's jurisidiction to effect changes in the agreement signed bet
Reliance Jio, India's top telecom operator, announced a 12-27 per cent hike in mobile tariffs -- the first in two and half years, setting the stage for other operators like Vodafone Idea to raise charges. The company has also restricted the access of unlimited free 5G services for customers. The hike comes immediately after the spectrum auction, as per the anticipation of sector experts.
For instance, while Digitial Media Convergence -- a part of ESSEL Group (promoter of ZEE TV) -- provides the mobile TV (also known as the fourth screen -- the other three comprising the silver screen, TV and PC) application service 'ISEE' along with telecom service provider BSNL.
The DoT has issued long-awaited migration guidelines which pave way for Internet service providers (ISP) like Reliance Jio Infocomm and Tikona, that have BWA spectrum, to offer mobile telephony service by paying an extra fee of Rs 1,658.57 crore (Rs 16.58 billion).
The income tax department has moved the Supreme Court stating that private telecom service providers are liable to deduct tax at source for the payments made to state-owned BSNL and MTNL for inter-connectivity.
Reliance Industries Ltd, India's most valuable company, on Friday reported a 5 per cent drop in its June quarter net profit as lower fuel cracks and petrochemical margins outdid gains in telecom and retail businesses. The oil-to-retail-to-telecom conglomerate's consolidated net profit was at Rs 15,138 crore, or Rs 22.37 per share, in April-June -- the first quarter of the current 2023-24 fiscal year -- compared to Rs 16,011 crore, or Rs 23.66 a share, earnings a year back, according to a company's statement.
The National Stock Exchange (NSE) has received Rs 300 crore from the Securities and Exchange Board of India (Sebi) following relief from the Supreme Court (SC), which is hearing an appeal by the market regulator in the colocation case. The court on March 20 asked Sebi to return Rs 300 crore to the NSE from the Rs 1,107 crore the exchange had deposited as part of the disgorgement in the case. The NSE had given an undertaking that it will return the entire amount to Sebi if the latter wins its appeal before the SC.
Trai asks telcos to add towers to address call drops.
Last week, the Supreme Court refused to grant interim relief to the operators.
Despite high awareness of 3G and its capabilities to deliver broadband content, it may take 8-10 years before the majority of mobile subscribers adopt it, says the study by The Nielsen Company.
In a move that would result in the mellowing of the spectrum issue and enabling the new service providers to commence operations, the Department of Telecommunications (DoT) has begun identifying the quantity of unused spectrum across 23 circles in the country.
With seven million new subscribers, India accounted for the highest net addition of mobile subscriptions globally in the second quarter of 2023, according to the August edition of Ericsson Mobility. Among national markets, India was followed by China with five million and the US with three million subscribers. The subscriber penetration in India, however, stood at 79 per cent, compared to 120 per cent in China, the report said.
Vodafone's assessment is that the controversy over the spectrum allocation case is not over.
Reliance Communications chairman Anil Ambani has proposed that the government should make it mandatory for telecom service providers to surrender additional spectrum that they are not utilising. Putting his proposal into practice, Ambani has also conveyed his willingness to surrender the extra 1.8 MHz spectrum that his group has in the Bihar circle.
GSM service provider Idea Cellular will invest an additional $400 million (Rs 1,600 crore) for rolling out telecom services in four new circles - Mumbai, Bihar, Tamil Nadu and Orissa - for which it has received spectrum from the Department of Telecommunications.
Sunil Mittal, chairman & group managing director of the Bharti group, is Business Standard's CEO of the Year for 2005-06.
As a measure of abundant caution in the face of the Ayodhya verdict, the government on Wednesday banned bulk SMSes and MMSes for three days with immediate effect.The ministry of communications issued the order in consultation with the ministry of home affairs. The order has been issued to all mobile telecom service providers in the country for "banning all bulk SMSes and MMSes in all service areas with immediate effect for the next 72 hours".
The company has been designated as the official telecom service provider for Commonwealth Games 2010, to be held in Delhi, and it has already received Rs 182 crore (Rs 1.82 billion) from the government for providing infrastructure.
Bharti Telesoft, a supplier of value added services platforms to wireline and wireless carriers, has been ranked as one of the country's fast growing 50 technology companies by Deloitte Technology.