In an interview to CNBC-TV18, Nitin Soni of Fitch Ratings spoke about the latest happenings in the telecom sector and specifically about RComm.
The government has proposed to levy 18 per cent tax on telecom services under the Goods and Services Tax (GST) regime.
Watch accompanying video of CNBC-TV18's Reema Tendulkar to know why telecom stocks are in focus.
Justice I S Mehta issued the notices on the Central Bureau of Investigation's (CBI) plea against the February 2 order of a special court discharging all the accused in the case.
Options before the TRAI included asking the operators to specify data speed with each data pack/plan or specify a certain minimum speed in the home circle.
The company already has the facility of 4G network at Bhiwadi, Bharatpur, Chomu, Ajmer, Sikar, Alwar, Jhunjhunu, Sawaimadhopur and Pushkar, Director - operations of the company P Laxminarayan said here.
With a pink slip in hand and few jobs in their own sector, individuals are rushing in to fill in applications on online job portals so that they get an alternate employment on time. While consultants in the human resource space have also been flooded with applications, it is job portals which are seeing a higher accretion of talent.
The company’s revenue momentum was driven by subscriber additions and strong data revenues. Vodafone added 10 million broadband users through the fiscal taking its total mobile broadband user base to 37.7 million.
"India is getting future ready and has started serious work on identifying and formalising the standards for the rollout of 5G. The standards are likely to be ready by 2018," said D.P. De, Senior Deputy Director General of Telecommunication Engineering Centre (TEC), at the 5G India 2017 Conference here.
The scandal in Italy in January, combined with a profit warning stemming from a slowdown in the work it does for governments, sent BT's shares plunging at the time, wiping 8 billion pounds from the company's value.
"Micromax Canvas 2 will come with one year of unlimited Airtel to Airtel calling, unlimited data at no extra cost for both existing and new Airtel customers," Shubhajit Sen, Chief Marketing Officer, Micromax told reporters here.
Bharti Airtel in an investor call said the sector is "heavily taxed" and that the levies like licence fee, spectrum usage charges and service taxes add up to a "very substantial number".
"Earlier, the full form of BSNL was 'Bhai Sahab Nahi Lagega', but in the last two years we have successfully removed this and replaced it with 'Behtar Seva ki Nai Lagan' (Quality service with renewed efforts) We will take this company further on the development path," the Minister of State for Telecommunication said.
According to Sharmila Joshi of sharmilajoshi.com, one may stay away from telecom space.
The power transmission utility provides its telecom towers and optical fibre cable infrastructure (for Internet services) to service providers and other firms for commercial use. This is a separate segment of revenue for the company.
Telecom major Vodafone India today told the Delhi High Court that TRAI's consultation process to frame rules for network testing before a full-fledged launch by a company was a "deliberate exercise" to defeat its plea against Reliance Jio.
Bharti Infratel today logged a 17 per cent fall in its consolidated net profit at about Rs 596.6 crore for the quarter ended March 2017 as against the year- ago period, pulled down by higher operating expenses.
"Independent drive tests are going to begin. Actually, there was some gap (problem) which has been removed...they should start probably from this month on," Trai Chairman R S Sharma told PTI.
The task of setting up nearly 2200 telecom towers in the first phase has been completed in a record time in all the seven Maoist-hit states of Bihar, Chattisgarh, Jharkhand, Andhra Pradesh, Odisha, Madhya Pradesh and Maharashtra.
ICRA said that it has revises ratings of the company after taking in to account "the persisting pressures on and weakening outlook of the revenue generation and profitability of the Group given the heightened competitive intensity in the industry."
The number of mobile Internet users in the country at the end of December last year was estimated to be 389 million, as per the report by the Internet and Mobile Association of India (IAMAI) and IMRB.
"No, we have not written to them (Department of Telecom) yet. But we will be writing soon... We will be responding certainly this month. It will happen very quickly," Trai Chairman RS Sharma told PTI.
A Google-KPMG report estimates that Hindi Internet users (at 201 million) will outnumber those accessing the web in English at 199 million by 2021.
India's telecom subscriber base, mobile and landline combined, touched the 1.18 billion mark at the end of February 2017, growing 1.17 per cent over the previous month, according to regulator Trai.
Speaking to CNBC-TV18, Telecom Minister Manoj Sinha said that Bharti Airtel's acquisition of Telenor and the merger of Vodafone and Idea Cellular will result in "harmonisation" of spectrum and better services for consumers.