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Telecom industry to witness healthy revenue growth in FY23

Telecom industry to witness healthy revenue growth in FY23

🕔19:44, 5.Mar 2022

New Delhi, March 5 (IANS) Tariff hikes as well as continued increase in data usage is expected to accelerate telecom industry’s revenue growth in FY23. The sector has been saddled with debt due to complications such as the ‘Adjusted Gross Revenue’

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‘2G spectrum allocation arbitrary’: SC junks Loop Telecom plea for licence fee refund

‘2G spectrum allocation arbitrary’: SC junks Loop Telecom plea for licence fee refund

🕔07:10, 4.Mar 2022

The Supreme Court on Thursday said the allocation of the 2G spectrum was found to be arbitrary and constitutionally infirm, as it junked Loop Telecom plea seeking refund of Rs 1,454.94 crore paid for 2G licence. New Delhi, March 4

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Airtel not to issue equity in lieu of spectrum charges, AGR

Airtel not to issue equity in lieu of spectrum charges, AGR

🕔07:17, 8.Jan 2022

Mumbai, Jan 8 (IANS) Telecom major Bharti Airtel on Friday said that it will not avail the option of converting interest on deferred spectrum as well as AGR dues into equity. According to a regulatory filing, the company has informed the

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Bharti Airtel withdraws scheme for new corporate structure buoyed by govt’s telecom package

Bharti Airtel withdraws scheme for new corporate structure buoyed by govt’s telecom package

🕔07:13, 5.Jan 2022

New Delhi, Jan 5 (IANS) Bharti Airtel said on Tuesday that the scheme of arrangement for the new corporate structure announced stands withdrawn. “The seminal telecom sector reforms package announced by the Government of India has significantly boosted the outlook and

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Telecom Ministry issues advisory to promote safe online transactions

Telecom Ministry issues advisory to promote safe online transactions

🕔07:04, 19.Nov 2021

New Delhi, Nov 19 (IANS) With an exponential rise in online transactions via mobile phones, the Department of Telecommunications (DoT) has put out an advisory promoting ‘safe and best practices. With rising online transactions, risks of falling into fraudsters’ traps have

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DoT notifies amendment for AGR dues

DoT notifies amendment for AGR dues

🕔07:24, 26.Oct 2021

New Delhi, Oct 26 (IANS) The Department of Telecommunications on Monday notified the amendment to the Unified Licence Agreement for calculation of Adjusted Gross Revenue for computation of licence fee. The new amendment takes Applicable Gross Revenue as equal to Gross

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Relief for telcos as DoT willing to review appeal in one-time spectrum charge case

Relief for telcos as DoT willing to review appeal in one-time spectrum charge case

🕔15:32, 5.Oct 2021

New Delhi, Oct 5 (IANS) In a major relief for embattled telcos, the Centre has informed the Supreme Court that it is reviewing and reconsidering its decision on one-time spectrum charge (OTSC), which could impose financial liability to the tune of

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Bharti Airtel calls reports on investment by Google ‘speculation’

Bharti Airtel calls reports on investment by Google ‘speculation’

🕔16:16, 31.Aug 2021

New Delhi, Aug 31  Telecom major Bharti Airtel on Tuesday described that the reports on likely investment by Google into the company as speculations. The company responded after the exchanges had sought clarification on the reports of a possible investment

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Only Jio gains subscribers in national capital in April

Only Jio gains subscribers in national capital in April

🕔07:19, 13.Jul 2021

New Delhi, July 13  Reliance Jio continued to widen its subscriber base in April and was the only telco in Delhi to add new subscribers during the month. It added nearly 1.68 lakh subscribers in the national capital in April

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‘Use global innovations for self-sufficiency in telecom manufacturing’

‘Use global innovations for self-sufficiency in telecom manufacturing’

🕔09:48, 10.Jun 2021

New Delhi, June 10  The Broadband India Forum (BIF) has suggested global innovations should be utilised to attain self-sufficiency in domestic telecom equipment manufacturing. In remarks at the release of an industry white Paper on “Atmanirbharta in Telecom Manufacturing”, BIF

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TAIPA urges DoT to categorise telecom field personnel as ‘frontline workers’

TAIPA urges DoT to categorise telecom field personnel as ‘frontline workers’

🕔15:01, 12.May 2021

New Delhi, May 12  The Tower and Infrastructure Providers Association (TAIPA) has written to Anshu Prakash, Secretary, Department of Telecommunications (DoT) seeking the inclusion of telecom field personnel under ‘frontline workers’ category for priority in Covid-19. Noting that the whole

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Telecom industry cautions against rumours of 5G causing Covid

Telecom industry cautions against rumours of 5G causing Covid

🕔07:01, 8.May 2021

New Delhi, May 8 The telecom and the related infrastructure industry have come together to refute rumours that 5G connectivity is causing the second wave of Covid-19. Industry bodies have cautioned the public against falling prey to such misinformation. In

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Indians spend 188 bn minutes on OTT amid free telco bundling

Indians spend 188 bn minutes on OTT amid free telco bundling

🕔16:36, 30.Mar 2021

New Delhi, March 30 Indians spent 188 billion minutes on various OTT platforms — the highest 69 billion minutes on daily soaps followed by movies with 31 billion minutes — in the month of February as free telecom bundling helped

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Telecom manufacturing to reach global scale in India

Telecom manufacturing to reach global scale in India

🕔12:35, 18.Feb 2021

India launches PLI scheme to become hub of global telecom manufacturing PLI Scheme for Telecom Sector will boost telecom and networking equipment manufacturing in India Telecom manufacturing to get boost with outlay of Rs. 12195 crore over five years leading

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Cabinet okays PLI scheme for 10 sectors including auto, telecom

Cabinet okays PLI scheme for 10 sectors including auto, telecom

🕔16:47, 11.Nov 2020

New Delhi, Nov 11  To give an impetus to manufacturing sector, the Centre on Wednesday announced production linked incentive scheme for 10 sectors. The scheme would entail an expenditure of about Rs 2 lakh crore, said Finance Minister Nirmala Sitharaman

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Telcos may default on spectrum auction dues over AGR payment

Telcos may default on spectrum auction dues over AGR payment

🕔12:38, 18.Feb 2020

New Delhi, Feb 18  The new stress that could now emerge for government and banks despite winning the AGR battle against the telcos in the Supreme Court is the strong possibility of telecom companies defaulting on last spectrum auction dues

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Fani: Vodafone Idea revives 90% network in 10 Odisha districts

Fani: Vodafone Idea revives 90% network in 10 Odisha districts

🕔06:48, 16.May 2019

New Delhi/Bhubaneswar, May 16  Telecom major Vodafone Idea on Wednesday said that it has revived nearly 90 per cent of its network in 10 districts of Odisha which were impacted by cyclone Fani. According to the company, over 2,600 sites

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Vodafone Idea’s Q3 consolidated net loss over Rs 5,000 cr

Vodafone Idea’s Q3 consolidated net loss over Rs 5,000 cr

🕔10:42, 7.Feb 2019

Mumbai, Feb 7  Telecom major Vodafone Idea on Wednesday reported a consolidated net loss of Rs 5,004.6 crore for the quarter ended December 31, 2018. This was the first full quarter results for Vodafone Idea after the merger of Vodafone

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Airtel to provide digital experience to Kumbh Mela visitors

Airtel to provide digital experience to Kumbh Mela visitors

🕔09:59, 15.Jan 2019

New Delhi, Jan 15  Telecom major Bharti Airtel on Monday announced that it would roll out digital features for Kumbh Mela visitors such as virtual reality, online streaming of events and better internet connectivity. The annual event at Prayagraj (previously

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Bharti Airtel’s Q2 consolidated net profit falls 65%

Bharti Airtel’s Q2 consolidated net profit falls 65%

🕔10:52, 26.Oct 2018

New Delhi, Oct 26  Telecom major Bharti Airtel on Thursday reported a 65.4 per cent year-on-year fall in its consolidated net profit for the quarter ended September. The company’s net profit stood at Rs 119 crore, down from Rs 343

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