Telcos' m-cap rises Rs 11,286 crore; Bharti, RCom lead.
Vodafone India MD & CEO Marten Pieters, 59, blames regulation and the spectrum policy for the telecom industry's troubles.
To become the most favoured operator in the MNP stakes, Idea has worked hard to spruce up its network and quality of service.
GSM operators say upcoming auctions will be a dud, while govt hopes to rake it in.
Typically these are high-beta stocks and earnings are volatile
Unlike Reliance Jio's focus on 4G, it plans to segment the data market based on device prices and spectrum.
Subscriber churn costs operators heavily, retailers make Rs 7.7k cr a year.
Airtel reported a 19 per cent rise in its ARPU in the March quarter, as it removed the non-paying users from its network.
But few analysts have played down the impact of the Telecom Regulatory Authority of India recommendations.
The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).
Telecom honchos Sunil Bharti Mittal, Anil Ambani, Kumar Mangalam Birla and Vittorio Colao are expected to meet IT and Communications Minister Kapil Sibal tomorrow to discuss various issues impacting the sector.
Transcript of Nikhil Pahwa's chat with Rediff readers.
Idea takes the matter back to Supreme Court as cancellation-hit telcos make decisive moves.
In the not too distant future, you could see 5G technology being used for functions such as remotely-performed robotic surgeries, mine equipment operated remotely or cars driven by someone sitting hundreds of miles away. While these ideas will certainly find application globally, the urgent need for them in India could spur swifter adoption here than elsewhere.
Amidst the controversial sale of stake by two new telecom operators, Swan and Unitech, at a huge premium, the Telecom Regulatory Authority of India on Thursday recommended a three-year lock-in period for stake sale by companies, which have recently got licences, in a bid to prevent them from making windfall gains overnight.
Telcos demanding OTT players to come under some sort of regulation as they are eating into their SMS and voice revenues.
Footfalls will invariably come down to a trickle even after lockdown restrictions go away, and the only way to prevent someone else from poaching your consumer is to go down to the consumer herself. Consumers will prefer products and services to be delivered to their doorstep, hygienically and safely.
The exercise is ostensibly for security reasons and to prevent misuse of the freedom of speech in cyberspace.
The paying capacity of telcos will not be the same over the next two decades. J S Sarma, chairman of the Telecom Regulatory Authority of India, says after the regulator recommended a high reserve price for the auction of 2G spectrum.
The paying capacity of telcos will not be the same over the next two decades. J S Sarma, chairman of the Telecom Regulatory Authority of India, says after the regulator recommended a high reserve price for the auction of 2G spectrum.
Jio's global partnerships took shape this year when Jio Platforms, a 100 per cent subsidiary of Reliance Jio which has invested in various digital platforms, was able to woo a bevy of marquee investors: Facebook, Google, Qualcomm, Intel, and a numerous PE funds.
Vodafone and Bharti have pointed out that, for data, their revenue realisation should be at Rs 30-35 per GB for them to cover their costs as opposed to the current figure of over Rs 11 per GB. But Jio has suggested a gradual increase to Rs 15 per GB and then maybe to Rs 20 per GB after six to nine months.
Despite low tariffs, voice usage is not growing.
'The announcement has come too late. This should have been done years ago.'
The decision of the Telecom Commission to approve in-flight connectivity won't just bring cheer to the chat-friendly passengers, but even more to the telecom industry facing severe financial stress, says Nivedita Mookerji.
Reliance is leveraging the technological change of building a virtualised 5G network which would see the current hardware-dependent networks shift to software-centric platforms.
If it happens, this would mean the largest spectrum auction in terms of amount with over 7,000 Mhz going up for sale across eight bands
Has liberalisation squeezed the personality out of India Inc's leaders?
Telecom tribunal TDSAT on Thursday reserved judgement on new operator Uninor's petition challenging Telecom Ministry's drive to impose penalty on telcos that did not roll out services within the stipulated period.
The brand integration not only marks the completion of the largest telecom merger in the world, but will also set the company on its future journey to offer strong digital experiences to 1 billion Indians on its 4G network.
BSNL had disconnected the point of interconnection of Reliance Communications on May 23 and May 31 in Haryana and on May 4 in Punjab claiming non-payment of pending dues by the private telco.
Experts say while the increasing demand for a ban on Chinese goods might make for good optics, the reality is that India is still heavily dependent on that country in a wide range of industries like electronics, mobile devices, auto, pharma, telecom equipment, and fertilisers.
Airlines say that they are keeping their fingers crossed for December - another peak period - when, based on current bookings, the air fares for those who buy early are more or less in line with last year.
Sebi ruled that Pendse has violated various provisions of the PFUTP Regulations and the Securities Contracts Regulation Act with his illegal transactions.
GSM operators in the country have added 14.49 million new users in the month of March, taking the total GSM subscriber base to 569.55 million, an industry body said.
Apart from digital advertising revenue, both companies want to reach out to the 'next billion' Indian customers. After all, around half of the 1.3 billion population is still not on the net and this represents a challenge as well as an opportunity.
Telecom major Bharti Airtel unveiled its new logo on Thursday, November 18, and also announced that its subscriber base has crossed the 200 million mark, with nearly 150 million users in the domestic market alone. The company has 40 million users in Africa, while the rest are in Bangladesh and Sri Lanka.
Telecom regulator TRAI on Friday dismissed GSM operators' charges that its recommendation to revise 2G spectrum prices will hit them hard and said they (telcos) were looking at the issue from a narrow perspective.
Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore following the Supreme Court order last week that sent shock waves through an industry already grappling with billions of dollars in debt and an intense tariff war to retain customers.
Sunil Mittal-owned Bharti Airtel had acquired 70 per cent stake in Warid Telecom of Bangladesh for $300 million (about Rs 1,363 crore) earlier this year.
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