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Telcos
Telcos News
Telecom Sector
18 May 2018
Govt to help workers laid-off by telcos: Secy
Some estimates peg the number of job losses in the sector, which has been passing through choppy waters after the launch of the aggressive offerings by the deep-pocketed Reliance Jio, at over 90,000.
India's telecom sector
31 Dec 2017
Consolidations done, telecom looks to dial up growth in 2018
With latent demand for data fuelling the digital economy, 2018 could be the growth year for the sector where investment of around Rs 3 lakh crore is estimated to be made in next two years.
Telcos gross revenue
28 Dec 2017
Telcos gross revenue dips 7% to Rs 66,361 crore in July-Sept 2017
The adjusted gross revenue (AGR), on which telecom operators pay licence fees and other charges, reduced by 17.55 percent to Rs 41,668.84 crore in the reported period compared to Rs 50,539.2 crore in the September quarter of 2016, the regulator's performance indicator report said.
outlook on India Inc
14 Dec 2017
Moody's has stable outlook on India Inc, barring telcos
The agency also has stable outlooks for car-makers, and companies in the construction, cement, and textiles sectors, but a negative outlook on the real estate sector.
Telcos
20 Sep 2017
IUC cut to hit telcos' biz by Rs 5k cr, 2G calls to suffer: COAI
Regulator Trai's decision to cut call connection charge rate by more than half, if executed, will hit earnings of old mobile operators to the tune of Rs 5,000 crore in the current fiscal, industry body COAI on Wednesday said.
Telcos
22 Aug 2017
IMG may favour more time to telcos for spectrum payment
The IMG which comprises senior officials from the ministries of finance and communications last met on August 11 and deliberated on various proposals that can be taken to address the financial woes of the industry.
Telcos
16 Aug 2017
Now telcos can no longer reject mobile number portability requests: Know why
To curb rejection of mobile number portability requests, telecom regulator Trai on Wednesday proposed to enhance roll of MNP clearing house which will have all the details of subscribers required for completion of the process.
Telecom Sector
01 Aug 2017
Jio tactics will have telcos' revenues falling 10% this fiscal
Pain in the telecom sector is not over yet and the current year will see an up to 10 percent fall in revenue and eventually, the top three telcos will control up to 85 percent of revenue market share after the ongoing consolidation, says a report.
Bharti Airtel
25 Jul 2017
Jio effect: Airtel Q1 net profit tanks 75% to Rs 367 crore
The country's largest telecom company Bharti Airtel on Tuesday posted 74.89 per cent plunge in consolidated net profit to Rs 367 crore for the June quarter of the current fiscal, hit hard by the disruptive pricing of newcomer Reliance Jio.
Reliance Jio
24 Jul 2017
Jio's cheap handsets may reverse India's revenue decline trend
Despite this move, the agency retained its negative outlook on the sector, which has been impacted hugely by the entry of Jio.
Telcos
22 Jun 2017
India to take corrective steps to ensure telecoms growth
India`s telecoms minister said on Thursday that the government would take corrective steps to ensure growth in the sector, the world`s second-biggest by number of users, amid worries about financial stress.
TRAI
15 Jun 2017
Telcos ask TRAI to fix floor price for voice call, data
Telecom regulator Trai on Thursday said certain operators have suggested fixation of minimum floor price for voice and data services.
GST
26 May 2017
Cut prices, pass GST benefits to customers: Govt tells telcos
The finance ministry on Friday asked telecom companies to rejig costs and lower prices to pass on the benefits of tax rate reduction under GST to customers from July.
Reliance Jio
24 Apr 2017
Telecos to bleed this year as well due to Jio: Crisil
Due to intense competition triggered after launch of Reliance Jio, top three telecom companies are set to face the heat in fiscal 2018 as well, as per a report by rating agency Crisil released on Monday.
Spectrum Auction
14 Oct 2016
High cost of spectrum is credit negative for telecom players: Moody's
High cost of spectrum following the recent auction is credit negative for telecom operators, as the debt levels will rise further, Moody's Investors Service said on Friday.
Telecom services
07 Oct 2016
"Unsold airwaves to be re-auctioned when telcos' fortunes improve"
India said on Friday it will consider re-auctioning mobile phone spectrum that remained unsold in a sale this week when the financial situation of its telecoms companies improves.
Nomura
07 Oct 2016
Spectrum auction flop not to impact fiscal math: Nomura
Japanese brokerage Nomura on Friday said there will be a Rs 32,000-crore shortfall in revenue accretion because of the disappointing spectrum auctions, but it woould not affect the overall fiscal math of the government.
Reliance Jio
19 Sep 2016
Telcos deposit Rs 14,653 crore for spectrum auction, Reliance Jio submits Rs 6,500 crore
Leading telecom operators have deposited Rs 14,653 crore as earnest money for the country's largest ever spectrum auction from October 1, with Reliance Jio alone submitting Rs 6,500 crore.
Bharti Airtel
18 Sep 2016
Airtel to deploy e-KYC solution in 5,00,000 stores
Mobile operator Bharti Airtel on Sunday said it has rolled out over 20,000 units of Aadhaar based e-KYC solution across India, and plans to have the facility deployed in over 500,000 retail outlets, including in rural pockets, in the coming months.
Telcos
01 Sep 2016
Reliance Jio effect: Airtel, Idea, RCom and others lose Rs 16,997 cr in m-cap
Telecom stocks were hit by severe selling pressure Thursday, falling sharply by up to 11 per cent in intra-day trade, which wiped out Rs 16,997 crore from their market valuation after RIL chief Mukesh Ambani read out aggressive plans for Reliance Jio network.
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