Airtel CEO said, the 5G ecosystem is yet to develop in India and the prices are very high. Telecom companies including Vodafone Idea (VI) and Reliance Jio have also said that the current prices are exorbitant.
Both the promoter groups - Vodafone and Aditya Birla - have confirmed their participation of up to Rs 11,000 crore and up to Rs 7,250 crore, respectively, in the issue.
Telecom Commission says refarm all spectrum in 900-MHz band to 1,800-MHz band operators.
Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said.
Mukesh Ambani's Jio, high debt and some bad decisions drove RCom to its grave.
After penalising new operators for not rolling out services on time, the Telecom Ministry may now turn the heat on incumbent players, who are yet to pay Rs 135 crore (Rs 1.35 billion) as Liquidated Damages, for similar lapses.
The Supreme Court on Monday issued notice to the central government on the plea seeking cancellation of 2G spectrum licenses allocated during the tenure of former telecom minister A Raja.
A bigger problem is that there is no clear definition of "call drops".
They should keep themselves out of the race for the time being and wait for a better time, suggests a recent report by research firm Strategy Analytics. Foreign operators like AT&T, Deutsche Telecom, NTT Docomo and others who have been eyeing the domestic market for a long time now finally got a chance to enter world's fastest growing telecom market but looking at the current 3G auction policy, it is advisable for them not to participate in the race, it said.
They can carry huge amounts of data, have a lot of bandwidth, but operate at short ranges, between 200 metres and 2-3 km reports Surajeet Das Gupta
Summons have been issued to some new telecom firms asking for financial records and documents, according to official sources. However, the names of the companies could not be ascertained.
Newer telecom operators and dual technology entities are opposing the department of telecommunications (DoT)'s decision to ask the Telecom Regulatory Authority of India (Trai) to give its view on whether the price of spectrum being offered in the coming 2G auction should be valid for 10 years instead of 20 years.
Senior official from the department of telecommunication said the deck has been cleared and the department will handover the spectrum to the operators on Wednesday.
It has earned Rs 61 crore (Rs 610 million) so far in the current fiscal.
Telecom regulator TRAI on Monday said mobile operators would be paying only Rs 8,125 crore (Rs 81.25 billion) towards excess spectrum charges, as they would be saving over Rs 6,440 crore (Rs 64.40 billion) on account of lower annual licence fees.
Virtually bringing the entire industry into the picture, telecom tribunal TDSAT on Monday directed Reliance Communications, HFCL, Shyam Telelinks, BSNL and MTNL to become a party to a petition challenging changes to spectrum allocation norms among others.
The spectrum tangle has also resulted in the fall of telecom share prices as investor confidence was eroded after the Department of Telecommunications (DoT) decided to permit CDMA (Code division multiple access) players operate GSM (Global System for Mobile communications) services in their existing circles.
The DoT report is expected by the end of the month.
The number of base stations installed by Indian wireless operators is inadequate to provide high-quality services to the growing number of mobile subscribers, said a research.
Rakesh Jhunjhunwala-backed Nazara Technologies is all set to hit the primary market with its Rs 583-crore IPO on Wednesday. The diversified and online gaming firm's three-day issue will run through March 17-19 and will be entirely an offer for sale (OFS). While 5.29 million equity shares will be offloaded via OFS by some of the shareholders, Rakesh Jhunjhunwala, who owns 3.29 million shares or 11.51 per cent stake in the company as of September 30, 2020, has decided to hold on to his stake. The issue has a price band of Rs 1,100-1,101 and will be available in lots of 13 shares and multiples thereof.
All the top telecom firms, including Airtel, Vodafone, Idea, Aircel, RCom and Tatas would be participating in the e-auction process, the first of its kind in the world, to acquire 3G spectrum for which the auction begins on April 9.
The licensor has asked Bharti Airtel, Hutch, Reliance Communications and BSNL why they should not be asked to pay Rs 50 crore or Rs 500 million (per circle) as penalty for violation of the licensing agreement, official sources said.
The much-delayed 3G spectrum auction will start on April 9 which is expected to fetch the exchequer more than Rs 35,000 crore (Rs 350 billion).
Govt says there is enough spectrum, telcos differ
Fixed-line Internet is consistent and translates into a better experience for users.
The joint letter to Manmohan Singh was written by Sunil Mittal, chairman of Bharti Airtel, Kumar Mangalam Birla, chairman of the Aditya Birla group which has promoted Idea Cellular, and Vittoria Colao, chairman of Vodafone Group Plc.
Companies like Amazon Prime Video are also temporarily lowering bit rates -- a measure of how much data is being transferred -- to ease pressure on telecom network infrastructure.
Vodafone Idea Ltd (VIL) CEO Ravinder Takkar did some plain speaking. In an analyst call after its quarterly results recently, Takkar said that the main stumbling block to raising fresh capital from investors is "pricing" - telecom tariffs, in other words. Nine months ago, the telecom company's board had cleared a proposal for raising Rs 25,000 crore from investors, after the promoters made it clear that they were not ready to pump in more money. But potential investors are concerned that without clarity on tariff hikes (there have been none for more than 18 months) they might just lose their money. The lack of visibility on raising tariffs has also impelled VIL to request the Department of Telecom (DoT) for a fresh reprieve by extending the two-year moratorium on paying its spectrum instalment of Rs 8,200 crore for another year till FY23.
According to The Australian, about 200 employees of Crazy John's will face redundancy as part of its restructuring programme in the first half of 2010, when over 150 jobs will be shifted to Mumbai.
India's Tata Engineering and Locomotive Company said on Monday it will launch a sedan version of its lone car model on Wednesday, marking its entry into the mid-size segment.
Google had started the Station as a five-year partnership with the Indian Railways and RailTel in 2015 to provide fast, free WiFi in over 400 stations by mid-2020.
Of this private players accounted for over 79 per cent.
Given the escalating cost of doing business, the revenue opportunity is decreasing and consolidation is an inevitable part of the industry.
Incumbent operators can retain 2.5-MHz spectrum in 900-MHz band, rest to be refarmed decision final.
At present, GSM operators such as Bharti Airtel, Vodafone and Idea Cellular earn 10-12 per cent of their revenues from the national roaming services, which amount to Rs 10,000-Rs 13,500 crore.
As global economies contract because of the Covid-19 pandemic, the focus of most of the India Inc has now moved back to the home market where demand is expected to pick substantially from the coming festival season.
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