Bharti Airtel is expected to see its highest revenue growth, and subscriber addition during the third quarter (October-December) of FY25 among telcos, said analysts. The telco's top line in Q3 may see the fastest sequential growth at 5 per cent compared to 3 per cent for Reliance Jio and Vodafone Idea (Vi). Airtel's annual mobile revenue growth would rise to 16 per cent, IIFL Capital said in an analyst note.
10 largecaps stocks which stand to gain from the Budget.
Reliance Industries Ltd on Thursday reported a 7.4 per cent rise in its December quarter net profit, as its retail business rebounded and telecom earnings rose. Its consolidated net profit of Rs 18,540 crore, or Rs 13.70 per share, in October-December - the third quarter of April 2024 to March 2025 fiscal (FY25) - compared to Rs 17,265 crore, or Rs 12.76 a share, in the same period a year back, according to a stock exchange filing by the company.
Reliance Jio's aggressive target to reach 100 million households through the launch of the 5G fixed wireless access (FWA) could make it one of the world's largest players in this space. But this also marks a change from its earlier strategy of offering fibre-to-the home (FTTH) broadband to households. Despite its best efforts, in two years Jio has been able to connect only 7 million households with FTTH, as permission for right of way for the last mile became a major impediment and the process of laying ducts for the roll-out was slow and cumbersome.
The year was rich in content as far as Web series were concerned.
Yahoo India, a subsidiary of Yahoo! Inc., will concentrate on wireless data services as it expects a large growth in the sector due to rise in mobile phone users in the country.
Internet networking company Cisco Systems on Wednesday launched India's first wireless IP phone which enables users greater mobility and access in workplaces.
About 11.90 million wireless (GSM, CDMA and WLL(F)) subscribers were added in April 2009 as against an addition of 15.64 million during the previous month, taking the total subscriber base to 403.66 million, Telecom Regulatory Authority of India said. The total telecom (wireless and wireline) subscriber base stood at 441.47 million at the end of April 2009 as against 429.72 million in March 2009, it added.
According to analysis done by Icrier, the teledensity of a country/state plays a big role in determining its economic growth.
"India's wireless subscriber base during the first half of April 2008, will surpass that of the US and will become the second wireless network in the world," the telecom regulator said. Moreover, the total subscriber base, including wireless and wire-line would also cross 300 million mark in April, it added. Currently, China is the world's largest wireless network and is adding around 6-7 million subscribers every month.
From its lows this month, the stock of Bharti Airtel is up 14 per cent. The gains for the telco have come on the back of expectations that market share consolidation, tariff hike and lower capex should boost margins and profits. While the company is a key player in the Indian market, it also has a leadership position in major markets of Africa.
Tech billionaire Elon Musk thanked Telecom Minister Jyotiraditya Scindia for not agreeing with Indian tycoons Mukesh Ambani and Sunil Bharti Mittal on auctioning spectrum for satellite services, saying he is looking forward to serving Indians. Reacting to Scindia's statement that satellite spectrum will not be auctioned, Musk, in a post on X, said, "much appreciated! We will do our best to serve the people of India with Starlink".
The wireless subscriber growth in India will more than double to 200 million users over the next two years as growth in China slows down, opening the way for expansion in rural areas, a new study has said.
India is set to become the world's second largest wireless network, ousting US to the third slot, by April. China tops the global ranks with over 540 million wireless customers in February 2008, followed by the US with 260.50 million and India with 250.93 million.
India is far behind global competitors such as Vietnam, Taiwan, and Mexico in increasing electronics exports to the US by making the most of Washington's tariff action against China. In 2018, the US imposed a 25 per cent punitive duty on a range of Chinese electronics items. The trade duties led to a sharp fall in Chinese electronics exports to the US from $207 billion in 2018 to $140.2 billion in 2019, down 32 per cent, according to Indian Cellular and Electronics Association (ICEA) data, which has been analysed by ITC Trade Map.
Are they worth Rs 8,499? Ashish Narsale/Rediff.com finds out.
The wireless user base grew by 9.06 per cent during the April-June quarter of this year to 42.72 crore (427.2 million) from 39.17 crore (391.7 million) in the preceding quarter, the Telecom Regulatory Authority of India said.
The former Congress president also tagged a post by Tesla CEO Elon Musk in which he talked about eliminating EVMs.
Reliance Jio added 34.7 lakh mobile subscribers in September, cementing its lead in the competitive telecom market, while Airtel's wireless subscriber tally rose by 13.2 lakh, according to monthly data put out by Trai. Vodafone Idea lost 7.5 lakh mobile subscribers during September, dragging its wireless user tally to 22.75 crore. Reliance Jio gained 34.75 lakh wireless subscribers in September, and its user base climbed to 44.92 crore, as per data by Telecom Regulatory Authority of India (Trai).
The total number of telecom subscribers was 45.29 crore (Rs 452.9 million) in May this year.
The government is considering the option of handing over operations of Mahanagar Telephone Nigam Ltd (MTNL) to BSNL through an agreement, instead of pursuing a merger route, a source privy to the development said. A final call on this is likely to be taken in a month's time. The source said the option of handing over debt-laden MTNL's operations to Bharat Sanchar Nigam Ltd (BSNL) through an agreement is being looked into.
The Department of Telecommunications (DoT) has awarded international long distance (ILD) and national long distance (NLD) licences to global telecom major Cable & Wireless.
The deal with Nokia will be signed in San Francisco on Friday morning in the presence of Tamil Nadu Chief Minister M K Stalin, who is on a 17-day trip to the US to attract fresh investments.
Telecom operator Bharti Airtel reported more than 2.5 times jump in its consolidated profit to Rs 4,160 crore in the April-June quarter of 2024-25 compared to the year-ago period driven by an improvement in average revenue per user and an exceptional gain of Rs 735 crore. The company had posted a profit of Rs 1,612.5 crore in the same period a year ago. The consolidated revenue from operations of Bharti Airtel increased by 2.8 per cent to Rs 38,506.4 crore during the reported quarter from Rs 37,440 crore in the June quarter of the last year.
'We operate in 16 countries already, and therefore adding the UK to it, and beginning a chapter in the European continent is the next step.'
Telecom service providers have doubled down on their demands for a proposed fair-share charge (FSC) to be levied on major over-the-top (OTT) service providers, opening up the 6 GHz spectrum band and increasing the number of testing labs for telecommunication products. Telecom industry body Cellular Operators Association of India (COAI) on Wednesday said these were the topmost demands for Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government. The industry body wants this additional capital expenditure to be borne by these Large Traffic Generator (LTGs) OTTs as a proposed fair-share charge.
Telecom major Reliance Communications on Thursday launched what the company said would be the fastest wireless internet service in the country to date.
Reliance Infocomm Ltd has deployed its first wireless Point of Sale terminal in Mumbai for processing credit card transactions.\n\n\n\n
Declining cost of equipment, need to go mobile and easy deployment are some of the factors driving WLAN growth in India.
Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology space. The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani. While Qualcomm is big on designing and manufacturing semiconductors and wireless telecommunications products, Adani group had in 2022 bought a small quantity of fifth generation or 5G spectrum for private captive network deployment in ports, logistics and power generation among others.
Airtel on Thursday launched a card that will enable subscribers to access internet through wireless medium in India and abroad.
An official said that a South African delegation will visit India in February for an assessment of the preparations at the Gandhi Sagar Wildlife Sanctuary.
Britain's UbiNetics, a wireless technology firm, said Thursday it planned to invest $27 million in expanding its operations in India where it already conducts much of its research.
National Commission concluded that false and baseless allegations had been made in the complaint to claim a highly exaggerated and atrocious amount of compensation.
In August 2021, Nick Read, chief executive of Vodafone Plc at the time, did not mince his words while speaking about the India business in an earnings call. Replying to an analyst's question on Vodafone Idea, a venture with the Aditya Birla Group that had piled on huge debts and worrisome losses, Read described it as a highly stressed situation that "they (Vodafone Idea) are trying to navigate... "We, as a group, try to provide them as much practical support as we can, but I want to make it very clear, we are not putting any additional equity into India.''
The launch of 5G services in India turbocharged mobile download speeds here, pushing the country's ranking 72 notches higher to 47th spot in Speedtest Global Index, ahead of nations like Japan, the UK and Brazil, according to Ookla. India's speed performance has zoomed up 3.59 times since the introduction of 5G, it said dubbing the country's 5G advancement as "remarkable". In this global pecking order, India ranked not only ahead of its neighbours like Bangladesh, Sri Lanka, and Pakistan, but also some G20 countries, such as Mexico (90th), Turkey (68th), the UK (62nd), Japan (58th), Brazil (50th place), and South Africa (48th place).
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