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  • DoT amends telecom licence norms to relax penal provisions Oct 02, 2021 04:50 PM IST

    DoT amends telecom licence norms to relax penal provisions

    The department will now charge 2 per cent interest above the one-year marginal cost of lending rate (MCLR) of State Bank of India for delay in payment of licence fees or any other statutory dues and the interest will be compounded annually.

  • Bharti Airtel's Rs 21,000 crore rights issue to open on October 5 Sep 22, 2021 11:00 PM IST

    Bharti Airtel's Rs 21,000 crore rights issue to open on October 5

    The issue size has been fixed as "up to 392,287,662 Rights Equity shares", Bharti Airtel said, and reiterated the rights issue price of Rs 535 per fully paid-up equity share, including face value of Rs 5 and premium of Rs 530 per equity share.

  • Cabinet approves four-year moratorium on telecom company dues in a boost for Vodafone Idea Sep 15, 2021 06:57 PM IST

    Cabinet approves four-year moratorium on telecom company dues in a boost for Vodafone Idea

    The government made a raft of structural changes to offer relief to the embattled telecom industry and announced a four-year moratorium on payment of adjusted gross revenue and spectrum dues to help companies, in particular Vodafone Idea, to manage cash flows. The moratorium comes with a Marginal Cost of Funds based Lending Rate (MCLR) + 2 percent, making it revenue-neutral for the government.

  • Cabinet approves major reforms in telecom sector, here are key highlights Sep 15, 2021 05:21 PM IST

    Cabinet approves major reforms in telecom sector, here are key highlights

    With the measures, the government is looking to boost 4G proliferation, infuse liquidity and create an enabling environment for investment in 5G networks with the new set of reform measures.

  • Bharti Airtel to consider capital raising options as Board of Directors meet on August 29 Aug 25, 2021 05:18 PM IST

    Bharti Airtel to consider capital raising options as Board of Directors meet on August 29

    The announcement, which is pursuant to the Sebi Regulations, 2015, comes at a time when Airtel, along with rival Vodafone-Idea (Vi), is reeling under financial challenges.

  • Videocon AGR dues: SC restrains Centre from encashing Airtel's bank guarantee for three weeks Aug 24, 2021 04:49 PM IST

    Videocon AGR dues: SC restrains Centre from encashing Airtel's bank guarantee for three weeks

    A Department of Telecommunications notice, issued to Bharti Airtel on August 17, warned that failure to make payment will result in invocation of its bank guarantees.

  • Govt to find solution to issue of telecom dues, says Revenue Secretary Aug 09, 2021 03:26 PM IST

    Govt to find solution to issue of telecom dues, says Revenue Secretary

    Nearly Rs 15,900 crore of non-adjusted gross revenue (AGR) spectrum dues became payable from April 2022.

  • Read full text of Kumar Mangalam Birla’s letter to govt on ‘looming crisis’ before Vodafone India Aug 04, 2021 04:48 PM IST

    Read full text of Kumar Mangalam Birla’s letter to govt on ‘looming crisis’ before Vodafone India

    After reports confirmed that Kumar Mangalam Birla has offered to hand over his stake in Vi to a government entity, the company's shares tumbled over 16 percent.

  • It's a relief for investors that telcos haven't paid high prices for spectrum this time Mar 04, 2021 08:57 AM IST

    It's a relief for investors that telcos haven't paid high prices for spectrum this time

    Industry leaders Reliance Jio and Bharti Airtel enhanced their spectrum holdings, purchasing more than their renewal requirements

  • Govt's National Security Directive could rein in firms like Chinese telecom gear maker Huawei Dec 16, 2020 08:16 PM IST

    Govt's National Security Directive could rein in firms like Chinese telecom gear maker Huawei

    Under the provisions of this directive, the government will declare a list of trusted sources and trusted products for installation in the country's telecom network.

  • In Charts | Lockdown impact: Beleaguered telecom sector spurts to life Apr 14, 2020 06:23 PM IST

    In Charts | Lockdown impact: Beleaguered telecom sector spurts to life

    Due to lockdown restrictions in place, there has been a massive rise in OTT consumption, thus fuelling the demand for internet data.

  • Vodafone Idea pays Rs 3,043cr to govt towards deferred spectrum dues: Report Mar 03, 2020 03:11 PM IST

    Vodafone Idea pays Rs 3,043cr to govt towards deferred spectrum dues: Report

    The payment is for the spectrum that the company bought in the previous auction.

  • Risk of duopoly in telecom sector higher than before: Analyst Feb 14, 2020 03:10 PM IST

    Risk of duopoly in telecom sector higher than before: Analyst

    "There is no question that this is bad news for the telecom industry. It makes situation of Vodafone Idea particularly vulnerable, even more than it was," Mahesh Uppal, director at consulting firm Com First India said.

  • After $13 billion levy ruling, future of India's tattered telecom sector hinges on government aid Nov 28, 2019 01:55 PM IST

    After $13 billion levy ruling, future of India's tattered telecom sector hinges on government aid

    Vodafone Idea Ltd, India's biggest carrier by user numbers, is widely regarded as most on the ropes, with parent Vodafone Group calling the situation "critical" after the unit was saddled with about $3.9 billion in fresh payments due.

  • 3-Point Analysis | Which telecom companies should investors look at? Nov 21, 2019 07:04 PM IST

    3-Point Analysis | Which telecom companies should investors look at?

    Moneycontrol's Sakshi Batra does a 3-Point Analysis to decode the implications of the tariff hike recently announced by telecom service providers. She also lists stocks that investors can look at in the sector.

  • MC Special podcast: What should investors do with Bharti Airtel, Vodafone Idea? Nov 16, 2019 10:01 AM IST

    MC Special podcast: What should investors do with Bharti Airtel, Vodafone Idea?

    What should be the way ahead for telecom stocks -- should you hold, buy more or sell on rallies? To discuss all this and more, Kshitij Anand of Moneycontrol spoke to Shailendra Kumar, CIO at Narnolia Investment Advisors Ltd.

  • BSNL is in strategic interest of nation, we are looking into issues: Ravi Shankar Prasad Oct 17, 2019 01:45 PM IST

    BSNL is in strategic interest of nation, we are looking into issues: Ravi Shankar Prasad

    The law and telecom minister acknowledged that there are problems in the telecom sector, which are being looked upon by the government.

  • Telecom sector brutally challenging, yet offers ample opportunities: Telecom Secretary Aruna Sundararajan Dec 06, 2018 02:22 PM IST

    Telecom sector brutally challenging, yet offers ample opportunities: Telecom Secretary Aruna Sundararajan

    Sundararajan said that USD 100 billion dollar sectoral investment enshrined in the national digital communications policy is not an over-estimate and may well turn out to be less-than-adequate in the wake of new age technologies and advent of 5G.

  • Telecom sector highly taxed like tobacco industry: Sunil Mittal Oct 25, 2018 12:55 PM IST

    Telecom sector highly taxed like tobacco industry: Sunil Mittal

    Speaking at the inaugural session of India Mobile Congress 2018, Mittal said the National Digital Communications Policy (NDCP), like the previous telecom policy, clearly acknowledges that revenue maximisation is not the objective.

  • Trai views on data privacy, security in telecom sector by month-end: R S Sharma Apr 22, 2018 10:52 AM IST

    Trai views on data privacy, security in telecom sector by month-end: R S Sharma

    The comments by the sector regulator assume significance as issues around data protection have come under the spotlight, and privacy concerns have amplified in the wake of the recent Facebook data leak fiasco.

  • Telecom sector to create 10 mn jobs in next 5 years: TSSC Mar 25, 2018 02:24 PM IST

    Telecom sector to create 10 mn jobs in next 5 years: TSSC

    "There are 4 million people employed in the telecom sector and by the end of five years, 14.3 million people will be employed in telecom as well as telecom manufacturing," Telecom Sector Skill Council (TSSC) CEO S P Kochhar told PTI in an interview.

  • Competition a key catalyst for change: Manoj Sinha Mar 23, 2018 03:25 PM IST

    Competition a key catalyst for change: Manoj Sinha

    Speaking at the annual conference of International Competition Network, Sinha cited a slew of pro-competition measures initiated by the government across various sectors to underscore its positive impact on the overall economy and global rankings in ease of doing business.

  • Challenging to come up with a consolidated outlook of telecom sector: ICRA Jun 29, 2017 04:12 PM IST

    Challenging to come up with a consolidated outlook of telecom sector: ICRA

    Competitive intensity could drive down industry’s revenues to Rs 2.4 lakh crore in FY18 from Rs 2.56 lakh crore in FY17.

  • Telecom firms under stress, can default on loans: Banks tell panel Jun 14, 2017 10:34 PM IST

    Telecom firms under stress, can default on loans: Banks tell panel

    The IMG group is meeting operators and lenders to discuss financial difficulties faced by the telecom industry, whose debt burden stands at a whopping Rs 4.6 lakh crore.

  • Not cancelled unused credit lines to telecom sector: SBI Jun 09, 2017 02:25 PM IST

    Not cancelled unused credit lines to telecom sector: SBI

    RBI recently asked banks to immediately review their exposure to the telecom sector, which has total debt of about Rs 4.6 lakh crore, and make higher provisions to firewall their business against any future stress.

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