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.
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
Firms to pay Rs 24,700 cr if spectrum formula is accepted.
The call failure rate, Jio said, has been worsening rapidly in the last few days, while augmentation of interconnection capacity is still awaited
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.
Says Airtel-Vodafone-Idea pacts violate licence terms; firms may move TDSAT.
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.
Big three telecom companies term Jio's free voice calls predatory pricing
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.
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.
It wants subscribers who are 'active' on its network.
As trade pundits predicted, tariff hikes are going to be slow and steady unlike the domino effect caused in 2009, when even established operators went into a frenzy and slashed tariffs to hold back subscribers.
Reliance Communications has accused "old 2G operators" of causing over Rs 1 lakh crore (Rs 1 trillion) in losses to the exchequer through "fraudulent means".
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
The deal between Bharti group and Tata Teleservices is yet another example of how swiftly things can change in business.
The GSM operators decided to withdraw their plea when the TDSAT was about to reserve its order on the maintainability of the petition after hearing the case for more than one-and-a-half hours.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government on Tuesday invited financial bids from all the nine applicants, including Bharti Airtel, Vodafone, Tata Teleservices and RCom, who had applied for participating in 3G spectrum auction.
With telecom and banking majors stepping up mobile banking services, 2011 is poised to be the year that would transform your banking habits - making payments or checking your account balance on your mobile.
Spectrum auction took off on Wednesday from Rs 58,980.29 crore (Rs 589.80 billion) mark with demand for the premium 900 Mhz band seemingly tapering off at the end of 56 rounds.
However, the number of transactions declined to 76 in January-March this year from 110 in the year-ago quarter.
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.
Govt's revenue estimates may take hit on spectrum sharing, trading deals
In a development that would hit the government's revenues, telecom tribunal TDSAT on Friday stayed the hike in spectrum charges for both GSM and CDMA mobile operators.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Leading telecom players like RCom, Tatas, Vodafone and Idea Cellular failed to bag a single circle for Broadband services, saying the BWA spectrum price was too high to make a viable business case.
Operators Bharat Sanchar Nigam Ltd, Bharti Airtel, Vodafone-Essar, Aircel, Mahanagar Telephone Nigam Ltd and Idea Cellular might have to fork out over Rs 11,200 crore for having spectrum beyond 6.2 MHz, if the government accepts the Telecom Regulatory Authority of India (Trai) recommendations.
CDMA operators on Tuesday slammed a report of the DOT spectrum committee on airwave allocation, saying it is 'highly inclined' in favour of the GSM operators.
The DoT is conducting a special audit on companies that have multiple licences -- mobile, international long distance, domestic long distance and internet service provider among others. Contractor, Nayak & Kishnadwala has been appointed to examine the books of Bharti Airtel, while S K Mehta & Co will check Vodafone-Essar's accounts. Varma & Varma has been appointed as auditors for Tata Teleservices, while Chhajed & Doshi will examine the books of Idea Cellular.
To make the scheme attractive, the government has announced a rate structure wherein the operators may take the optical fibre on lease and provide broadband connectivity to customers.
The telecom tower-transmission business is going to see a shake-up with cash-rich and independent companies moving in with aggressive plans.
A total of 41 companies had applied for the permit
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
According to sources, Bharti, Idea and Vodafone Essar have won in some of the circles in the auction that lasted 34 days.
The bid price for 3G spectrum continues to rise as it touched Rs 10,749 crore (Rs 107.49 billion) for pan-India operations on the 21st day of auction, assuring the government of Rs 43,372 crore (Rs 433.72 billion) in terms of revenue.
Solicitor General of India Goolam Vahanvati has said no further allotment of spectrum beyond 6.2 MHz should be made to telecom operators till the report of the committee on its pricing and allocation is received.If the opinion is acted upon, it would affect companies like Bharti Airtel, Vodafone, Reliance Communications, Idea Cellular and Aircel, which have applied for extra spectrum in other circles.
