BSNL offers plans that are considerably cheaper than its competitors, yet network performance issues are deterring long-term customer retention with the state-run operator
Donald Trump's plan of imposing 60 percent tariff on Chinese imports into USA may also emerge as a challenge for India.
Jio's decision to keep tariffs unchanged for its 4G feature phone users under JioBharat and JioPhone plans could gradually increase its subscriber market share, potentially at the expense of Vodafone Idea's 2G subscribers. Analysts believe Vodafone Idea will struggle to retain its 2G subscribers.
Vodafone Idea, which is yet to announce tariff hikes, is expected to be the biggest beneficiary, analysts said. The tariff hike came in line with analysts’ expectations of a 20-25 percent tariff hike post-elections and spectrum auctions.
The December 2019 tariff hike was the first one after Jio launched its service in 2016, and it was followed by another hike in December 2021.
The energy charges for 101-300 units category have been increased to Rs 5.36 per kWh from Rs 5.05. For 301-500 category, it has risen to Rs 11.62 kWh from Rs 9.20.
The Sunil Mittal-led telco’s focus on the feature to smartphone migration and premium users has already helped it uplift blended ARPU even without tariff hikes
The proposed amendments to the Electricity Rules, 2005 are targeted interventions for issues ranging from discoms' financial health, transmission for upcoming green hydrogen and renewable energy plants, open access charges and unnecessary appeals in the APTEL, Alok Kumar, secretary, Ministry of Power, told Moneycontrol.
The telecom tariff hike may be delayed till after the general elections in May 2024 but when it comes in, it can quickly change the market structure in favour of RIL, the brokerage has said in its latest report
Association president Raja M Shanmugham in a letter to Chief Minister M K Stalin said the survival of the industry, particularly the micro, small and medium enterprises were "at stake" due to the upward revision in power tariff.
Analysts see Jio’s blended average revenue per user going up 30% between FY22 and FY25, driven by tariff hikes
The hike coupled with consistent upgradation of subscribers to 4G from 2G and increase in usage of telephony services is expected to result in improvement in industry ARPU (average revenue per user) to around Rs 170 by the end of FY2023, it said.
Bharti Airtel has taken the lead in raising mobile tariffs. Keeping long-term business sustainability in mind, Airtel has hiked pre-paid rates by about 20-25 percent. Airtel has raised tariffs as the telecom major wants to push up its Average Revenue Per User to Rs 200 in the medium term. Following the tariff hike, MC Pro revised its estimates upwards. SOTP valuation indicates a near 25 percent upside on the current market price. Here's why
Bharti Airtel stock gained 3.90 percent to close at Rs 742.05 on BSE. During the day, it jumped 5.85 percent to its 52-week high of Rs 756. On NSE, it gained 3.88 percent to close at Rs 742.10.
Increase in ARPU will help Airtel in long-term sustainability of business and aid investments in upcoming opportunities
Tata Power's September quarter results show notable reduction in debt. The company saw funds infusion from promoters and realised proceeds from stake sales
The announcement was the clearest sign yet that China and the United States are closing in on a deal to end a months-long trade war that has slowed global growth and disrupted markets.
The two power distribution companies (Discoms) APSPDCL and APEPDCL of the state submitted their annual revenue requirement to the Electricity Regulatory Commission estimating the annual revenue requirement at Rs 30,069 crore.
The Centre's flagship Uday scheme will benefit power distribution companies significantly in the near to medium-term, but strict focus on improving efficiency, timeliness and tariff hike adequacy will be critical for their financial turnaround in the long-run, says an ICRA report.
Speaking to CNBC-TV18, Idea MD & CEO Himanshu Kapania said its debt post auctions will rise by 70 percent and net debt to EBITDA ratio will go up to a whopping 3.5-4 from the current 1.1.
Adani power sees less likelihood of any further litigation on Central Electricity regulatory Commission's order, which proposes to provide compensatory tariff to the company for the power purchase agreements with Gujarat and Haryana.
After providing a relief to Gujarat based-Adani Power, Central Electricity Regulatory Commission (CERC) is likely to come up with an order on the similar tariff hike petition by Tata Power and Reliance Power in 10 days.
India‘s third largest mobile phone carrier in terms of customer base, Reliance Communications, reported a marginal rise in its consolidated net profit to Rs 105 crore in the third quarter of financial year 2012-13 from Rs 102 crore in the previous quarter.
Himanshu Kapania, MD, Idea Cellular, says that the number of operators in the market is declining and we expect the overall industry average price realization to go up, then only Idea price realization would go up.
Reliance Communications expects the full revenue impact of its recent tariff hike to reflect by the next financial year.