MTNL has argued that its mobile licence for the two service areas remained underused in the first four years of the permit's lifespan, for various reasons.
The IMG was set up on May 16 to examine issues that are affecting viability and repayment capacity of telecom companies.
The telcos put down various suggestions such as cutting down the Spectrum Usage Charge (SUC) and cutting down the USoft contribution.
Tinkering with mobile termination charge (MTC), earned by cellular operators on incoming calls, will paralyze the telecom network in rural India, Vodafone MD and CEO Sunil Sood said
So far, there had been no clarity on the import duty on such equipment as to whether they are covered under the global Information Technology Agreement (ITA) -- which allowed a host of IT and telecom product exemption as per basic Customs duty under WTO provisions.
"The number of telephone subscribers in India increased from 1,194.58 million at the end of March 2017 to 1,198.89 million at the end of April 2017, thereby showing a monthly growth rate of 0.36 per cent," Trai said in its monthly subscriber report.
The telecom industry is expected to call upon the government to seek relaxation but things may not be so bad.
The major players, Bharti Airtel, Reliance Jio, Vodafone, and Idea have been asked for a meeting on June 15 by the panel.
Fitch Ratings' new report says that the telecom woes do not pose systemic risk to Indian banks. In an interview to CNBC-TV18, Nitin Soni, Director-Asia-Pacific Corporate Ratings at Fitch Ratings explained the rationale behind this.
Concerned about the financial troubles of the telecom industry, Finance Minister Arun Jaitley does not want the industry’s balance sheets to turn red.
The gross liability of the telecom industry on account of debt as well as payments related to radio waves amounted to a whopping Rs 7,75,000 crore, as on March 31, 2017.
At Rs 4 lakh crore, banks' exposure to the telecom sector is staggeringly high -- enough to raise eyebrows over concerns regarding the long-term viability of the business. Here is a brief look at how it came to a sad pass.
The fund house has exposure worth Rs 604 crore across five of its schemes.
CNBC-TV18 understands from sources that Department of Telecom (DoT) to take a call on moving a cabinet proposal on telecom debt woes.
India's telecom companies are standing on top of a debt mountain, revenues and margins have taken a hit due to intense competition while their loans are rising due to high cost of spectrum. Is there a way out? Watch as we discussed this with some top experts of the sector.
Pre-consultation papers on the twin subjects were issued earlier by the regulator – one in April this year and the other in the same month of last year. That it has already been more than a year since the broadcast regulator first issued the pre-consultation paper shows the sensitive, controversial and challenging nature of the set top portability issue.
TRAI had said that it aims to bring greater clarity in interpretation of various regulatory principles set out in the Telecom Tariff Order in tune with the global practices.
"With a view to woo investors in the mineral-rich Chhattisgarh, a delegation led by Singh is on the official tour of South Korea," a senior public relation officer said today.
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.