The Cellular Operators Association of India has urged policymakers to direct efforts to strengthen the broader telecom infrastructure that fuels industrial growth
In its quarterly performance indicator report, the Telecom Regulatory Authority of India (Trai) said the Adjusted Gross Revenue (AGR) of the telecom service sector for the reporting quarter increased by 0.13 per cent on a quarterly basis to Rs 70,555 crore.
All players making telecom gears under production-linked incentive (PLI) scheme will fall in the class 2 category and the list of gears eligible for preference in public procurement will be notified from time to time on the DoT portal.
The Telecom Regulatory Authority of India (Trai) has directed telecom operators to make changes in the code of practices (CoPs) around headers and content templates of telemarketing messages under the TCCCPR 2018 rules and comply with the direction within 30 days.
The move is expected to come as a relief to mobile users, annoyed by deluge of unauthorised, pesky promotional messages.
The Department of Telecom has warned telcom companies that legal action will be taken against them if they do not establish a nodal officer under the National Security Directive on Telecommunication.
President Partho Banerjee in a letter dated February 20 stated: “We are facing a huge demand...which by no means is serviceable by us and is in fact pushing our company towards bankruptcy and closure.”
Moneycontrol’s Jerome Anthony talks to Corporate Bureau Chief Prince Thomas to find out the top developments of the week.
Earlier today, the Supreme Court had slammed telecom companies for not paying dues worth thousands of crores to the government and summoned their top executives to explain why they did not follow the court's order to pay up.
In a letter to Telecom Secretary Aruna Sundararajan, TRAI has suggested measures to give relief to the telecom industry, which is currently sitting on debt of Rs 4.6 lakh crore.
Revenues of Indian telecom companies could decline further in fiscal 2017-18, as the Telecom Regulatory Authority of India looks set to announce the new interconnect usage charges (IUC) in 3-6 months.
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy and Anuj Singhal, SP Tulsian of sptulsian.com shared his reading and outlook on the market and also gave recommendations on various stocks.
Telecom companies transfer prepaid vouchers and SIM cards to independent distributors at a discount, who further sell to retailers or subscribers.
In a first-of-its-kind exercise, regulator TRAI is scheduled to meet CEOs of all telecom companies, including Bharti Airtel, Vodafone and Reliance Jio, on Friday to discuss and identify important issues that need to taken up during the year.
Among others, the complaints about unfair competitive practices and abuse of dominance have also been filed against regulator TRAI, DoT, industry body COAI, as also against operators Bharti Airtel, Idea, Vodafone India, Aircel, Videocon Telecommunications, Telenor and BSNL.
Telecom companies, which currently find themselves in a maze of tariff orders, may have only one book to refer to from next year if the regulator goes ahead with its current line of thinking. The plan is also influenced by the rising role of mobile services in daily life -- from being a mere calling device to one that enables banking.
"The spectrum which was sold in the recent auction, was harmonised and assigned to successful bidders on November 9-10, much before the one month timeline committed by us," Telecom Secretary JS Deepak told PTI.
"The auctions may be a bit muted this time as the operators may look at other options, including spectrum- sharing deals, in a more focused manner," the domestic rating agency said in a note.
Some 100 firms took part in the event on September 1-3. "I strongly believe that India has vast experience in setting up of ICT infrastructure and the experience can be leveraged by the government as well as the private sector in African nations.
The launch of Reliance Jio, thanks to its focus on cheap data plans, is going to significantly expand India's data market, leading to an opportunity even for its large rivals, says Suresh Mahadevan of UBS.
The rights issue, which follows a similar size issue in January this year, will increase the equity of Reliance Jio to Rs 60,000 crore from Rs 45,000 crore, making it one of the most capitalised telecom companies in India.
Lashing out at the Congress, the government reiterated its commitment in recovering every penny lost due to the telecom scam
Telecom companies are expected to shell out Rs 1 lakh crore for snapping up spectrum during the forthcoming auctions and a little over one-third of this capex will be spent this fiscal year itself, says a report
The Supreme Court has struck down the penalty on call drops that the Telecom Regulatory Authority of India was seeking to levy on telecom companies, saying the move was "unreasonable, arbitrary and unconstitutional".
The regulator told the Supreme Court they have been transparent with the companies in arriving at the levy of 1 rupee per call drop, subject to a maximum of three calls daily.