India's second-largest telecom operator Bharti Airtel on Tuesday posted more than twofold year-on-year jump in its consolidated net profit for the March quarter to Rs 2,008 crore, buoyed by a lift in average revenue per user and an exceptional gain. The telco said its Q4 scorecard was backed by strong performance delivery across the portfolio and its CEO Gopal Vittal, in a statement, exuded optimism about opportunities in the coming years and Airtel being "well-poised" as a company. Airtel, which competes in the market with Reliance Jio and Vodafone Idea, as well as state-owned BSNL/MTNL, promised to maintain razor sharp focus on financial flexibility, optimising the capital structure and finance cost.
It emerges that Vi has probably offered good data quality despite being short on spectrum and infrastructure due to its stretched finances. Did the two companies that merged face the heat due to price wars? Probably. Did the government's tough stance in demanding its "due" share of telecom revenues hurt the company? Certainly!
While ranking the companies, the study expressed concern over the slackening pace of Internet and broadband penetration as a result of which not even a single target set by the regulator in 2005 has been met.
If candidates from the private sector are selected, this will be the first time that these telecom PSUs are headed by chiefs from the private sector.
BSNL will allow free local and STD calls to other BSNL mobile phone users as well as 100 MB data for seven days for its prepaid users.
Bharat Sanchar Nigam Ltd will foot the entire bill of a Rs 1,000-crore (Rs 10-billion) project to release 45 Mhz of spectrum from defence to civilian use, after providing the armed forces alternative equipment for their communication needs.
Banerjee said she would also raise issues like name change of the state as well matters like merger of public sector banks during the meeting.
India was among the top-five economies with the largest general government capital stock level, said, in 2015, an International Monetary Fund report called "Making Public Investment More Efficient". The report fuelled a debate on countries sitting on piles of cash that could be used better. India was believed to have public assets worth $4.5 trillion. The report urged countries to start asset recycling. Six years after the report, Australia's success in asset recycling has turned India into a believer; despite doing averagely in its previous efforts on roads, railways or meeting its divestment targets.
The employees, who will avail the VRS, would get an ex-gratia amount of 60 days salary (basic + dearness allowance) for each completed year of service, or salary for the number of months left in the service, whichever is less.
The overall wireless subscriber base increased to 114 crore at the end of June
The telecom companies have billed the subscribers for the period of communication blockade which began on August 5 when the Centre abrogated provisions of Article 370 and split Jammu and Kashmir into two union territories.
In a setback to telecom service providers, the Supreme Court on Thursday allowed the Centre's plea to recover adjusted gross revenue (AGR) of about Rs 92,000 crore from them.
The 91-year-old was buried at a mosque near his residence according to his wishes, his close aides said.
The stay order given by the Delhi high court on the entire process of appointment is still to be vacated.
Bharat Sanchar Nigam Limited has decided not to charge any rent from telephone subscribers for the period of disconnection of their telephones.
Telecom Minister Ravi Shankar Prasad on Thursday offered to discuss the issue of call drops and poor service by state-owned BSNL and MTNL in the Rajya Sabha.
Soon the websites of Air India, Delhi Tourism, Bharat Sanchar Nigam and Indian Railway Catering and Tourism will have the dot Bharat suffix.
The DoT and CAG developments come in the wake of reports of revenue loss and misuse of WiMax licences.
Idea, the country's sixth-largest mobile operator was the biggest gainer in the first eight days of mobile number portability (MNP) being launched across the country.
These customers will be unable to meet the lowest recharge requirements for Jio, meaning they will either exit the market or migrate to BSNL/MTNL.
To revive BSNL and MTNL, DoT is taking various initiatives.
State-run BSNL on Tuesday launched a service wherein its mobile customers will be able to access Facebook without any Internet or data connectivity.
An apex committee under DoT Secretary R Chandraskehar has been set up to oversee the required policy decisions and institutional framework for an alliance between the two public sector undertakings which have been incurring losses.
Chinese telecom gear giant Huawei Technologies has sought permission for access to the government's 'Trusted Telecom Portal' which went live on June 15 so that it can share details about the telecom products which telecom service providers have agreed to buy from it. The move is significant as sources close to the development say that, according to Chinese telecom companies' interpretation, the new National Security Directive on the telecom sector does not in any way prohibit them from participating in the process of selling telecom equipment of any kind to private telcos. The firm is waiting for a response from the government. It declined to comment.
The government created a special purpose vehicle, Bharat Broadband Network Ltd, in 2012 to oversee the implementation of the project.
The helpline 'KIRAN' (1800-599-0019) was launched by Union Minister for Social Justice and Empowerment Thaawarchand Gehlot. The helpline will offer mental health rehabilitation services with the objective of early screening, first aid, psychological support, distress management, mental well being, promoting positive behaviour and psychological crisis management, the minister said.
Claiming that Shah is getting "frustrated" by "poor turnout" at his rallies, Banerjee also alleged that the Bharatiya Janata Party is plotting conspiracies to kill her as her security director Vivek Sahay was removed by the Election Commission after she sustained injuries last week in Purba Medinipur's Nandigram.
Bharat Sanchar Nigam Ltd has launched a suite of Marathi, Hindi and English-based services on the voice platform for its Maharashtra CellOne and landline subscribers.
Minister of State for Communication Shakeel Ahmad said that the exact modalities for effecting it would take some time because of the complexities involved.
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).
BSNL, MTNL launch free night calling to win back consumers lost to mobile boom
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