A rare bonhomie among three private telecom companies in raising tariffs coming on the back of a bailout package by the government may have helped the telecom sector avert a crisis but the challenges haven't ceased to exist as the industry faces a cash-guzzling task of rolling out 5G networks in the coming months. The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives. After years of cut-throat competition and the apex court ruling on payment of past statutory dues left some players in the lurch, billionaire Sunil Mittal's Bharti Airtel and struggling Vodafone Idea almost in tandem raised tariffs, taking the plunge they had long been talking about.
However, the second quarter of FY24 is expected to be muted, and, with that, the hope of double-digit growth is now being pushed to FY25. However, analysts are expecting the momentum in the closure of record total contract values (TCVs) will continue, as has been the case over the last two quarters.
Aircel plans to launch 3G services before the cricket World Cup
Reliance Globalcom, a leading global provider of international wholesale telecom services with a presence in high growth emerging and developed markets, on Tuesday announced that it is upgrading its European Network with coherent 100G technology.
Cambridge University Press plans to introduce its dictionary on mobile phones in India and is looking for a service provider, Stephen R Bourne, CEO, CUP, said.
As per the service licence, three types of charges, including Per Port Transaction charge, which means the charge payable by the Recipient Operator (the operator, where the subscriber is willing to port his number) to the MNP service provider for processing the request, are applicable in case of MNP. The second charge is porting charge -- the charge payable by the subscriber for porting his number -- and the third is dipping charge.
Chances of a merger of state-run telecom operators BSNL and MTNL look remote, even as the government advised BSNL's management to start talks with the union for taking the company public.
'We have filed our draft red herring prospectus for a floating IPO for a net offer size of 86.6 million shares.'
Expressing concern over the abysmally poor rural tele-density of one per cent, the government is exploring the option of creating telecom infrastructure itself and then letting it to be shared by mobile operators who want to provide telecom services
To ensure level playing field between service providers, the telecom regulator has said that direct connectivity should be made between basic and mobile service providers.\n\n\n\n
'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.
'The World Cup alone is expected to create an additional 100,000 jobs, most of which will comprise gig workers in the delivery space, transportation, hospitality and event management.'
Airtel, Vodafone-Essar favour delinking; Reliance, Tata oppose.
For Rs 39, customers can talk for 300 minutes anywhere in India and worldwide
Despite the government crackdown on Web sites advertising escort services, the Internet leaves enough wiggle room for debauchery to thrive.
Authorities were busy taking steps to restore the battered infrastructure in Visakhapatnam and other cyclone-hit districts in coastal Andhra Pradesh, apart from ensuring supply of essential commodities.
TRAI said that Internet service providers would not be allowed to discriminate on pricing of data access for different web services.
Indian businesses' weak ability to compete overseas says much about the infirmities imposed by the intensity of government dominance of economic policy and the nature of this dominance, observes Kanika Datta.
RCom and Aircel have permits for 3G services in 13 out of 22 service areas while Tata Teleservices has permit in 9 circles.
Telecom Regulatory Authority of India would enforce the requirement of reporting of tariff at least five days in advance of implementation.
Telecom Regulatory Authority of India on Tuesday extended the deadline to June 30 for service providers for filing their revenue sharing agreements, which have to conform to Interconnection Usage Charges regulation.\n\n
The company declined to disclose the names of the firms it was acquiring as the regulatory clearances and some negotiations are still in process.
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.
Telecom Regulatory Authority of India on Thursday released a common charter of telecommunication services for adoption by all the service providers.
The minister said tariff plans are of bundled nature and the trade-off is generally between monthly fixed charges and variable (call) charges.
Reliance Industries, construction major L&T and IRB Infrastructure are some of the top companies that have used an infrastructure investment trust structure to reduce part of their debt and generate returns for their investors. Earlier this month, IRB Infrastructure InvIT was listed on the National Stock Exchange, giving its investors an option to exit by selling their units. The listing came within months of the Securities and Exchange Board of India's (Sebi's) guidelines for conversion of private unlisted InvITs into listed ones were issued.
Trai calls both Jio and incumbents for a meeting to discuss the issue
The Department of Telecommunications has received 21 bids from telecom operators and infrastructure service providers for the Rs 2,395 crore (Rs 23.95 billion) rural telephony project.
Telecom software and service solutions provider Mahindra-British Telecom has acquired privately-held US-based Axes Technologies for $54 million to consolidate its position as a leading services provider in the sector.
Internet service provider O-Zone Network and telecom equipment maker Alcatel Lucent have inked an agreement for jointly developing Wi-Fi hotspots across the country.
Of late, net neutrality has generated much debate.
Hearing from Apr 18 by five-judge SC bench against WhatsApp, FB move; Centre, Trai also summoned
The DoT has set up a committee for the issue of spectrum cap.
The government has ordered internet service providers in India to block 39 internet sites that host and allow their users to share obscene content.
Tech Mahindra and IT infrastructure major Sun Microsystems announced on Monday a strategic alliance to provide systems and software for internet protocol television services to customers in India and Asia Pacific markets.
Filing an affidavit before the TDSAT, the department of telecommunication has requested the tribunal to dismiss the petition of telecom operators challenging the government directive to stop 3G roaming immediately.
Initial success has prompted telecom companies to hardsell the new service.
Job postings declined on an annual basis in September but witnessed a marginal uptick compared to August this year, a report said on Tuesday. There was a fall in job postings in various sectors, including media and entertainment, home appliances, shipping and marine, IT and BPO/ITES compared to September 2021. For September 2022, the Monster Employment Index (MEI) showed that there was a 4 per cent decline in hiring activities on an annual basis but a 1 per cent rise on a month-on-month basis.