In a major victory for the telecom sector, the Supreme Court ruled that service providers are entitled to claim Cenvat credits on central excise duties paid for key telecom infrastructure
Vodafone Idea separately said it hopes to meet any potential cash shortfall through another round of government debt-to-equity conversion.
The company is optimistic about securing debt funding from its lenders once the government provides clarity on the AGR issue, Akshaya Moondra has said
The top technology executive suggested that telecom operators should consider integrating satellite technology into their overall coverage strategies as it is a complementary resource, rather than a competing one
Vodafone Idea is expanding its 4G network coverage to reach an additional 20 million people by March 2025, CTO Jagbir Singh has said
"Starlink needs to comply with all the security requirements. They are in the process of it, once they comply we will give a licence to the company," Telecom Minister Jyotiraditya Scindia said.
Starlink has reached an in-principle agreement to meet security conditions even as Trai consults stakeholders to finalise the process for allocating spectrum for satellite services, a flashpoint between Indian and global players
Companies in the business of optic fibre service are betting on a rising demand, Sterlite Tech has said, helped by a declining inventory with customers and rising government spending on connectivity projects.
If approved by the Cabinet, Vodafone Idea will be the primary beneficiary. The telco is expected to arrange bank guarantees of Rs 24,700 crore over the next few months
Gopal Vittal said the Indian business's ROCE, or return on capital employed, is still very low at 11.2 per cent, adding that the only way to improve this is further tariff repair.
Starting January 2026, current CEO Gopal Vittal will assume the role of Executive Vice Chairman, while current COO Shashwat Sharma will step in as CEO.
Effective immediately, Shashwat Sharma, as CEO designate, will oversee the consumer business, including mobility, home, and DTH, while Gopal Vittal will continue managing enterprise and HR functions
The Sunil Mittal-led telco is making more changes as part of its planned restructuring, which will take effect on April 1, 2025
Mobile revenues grew by 20.0 percent year-on-year, led by tariff repair and the company’s strategy to focus on portfolio premiumisation with quality customers
The COAI proposal comes after the Supreme Court dismissed telecom companies' review petition regarding AGR calculation corrections. AGR represents revenue from core services like mobile and internet.
For the September quarter, Indus Tower reported a 71 percent YoY growth in net profit at Rs 2,223.5 crore on sustained demand for network expansion
In an interaction with Moneycontrol, India's head Tarun Chhabra said telcos have started expanding their 4G and 5G networks due to rising data traffic and to cover the remaining 5-6 percent population, especially in rural parts of the country
Indus Towers saw its revenue from operations rise by 4.66%, reaching Rs 7,465.3 crore
Ravi said BSNL has already started offering 4G services in test mode, focusing on ensuring customer satisfaction. A full-fledged commercial launch is expected this calendar year.
Ankit Agarwal, managing director of STL, also downplayed the impact of the European Commission’s decision to impose anti-dumping duties on Indian optical fiber cable (OFC) manufacturers
Without affordable pricing, it will be difficult to serve remote regions, where terrestrial networks are unavailable, the companies have said
AS Lakshminarayanan, MD and CEO, said the company has kicked off asset monetisation process and reviewing its subsidiaries to achieve long-term profitability growth
The debt-laden telecom operator recently onboarded Samsung to replace 4G deployment by Huawei and ZTE as part of its three-year capex plan
In an interview with Moneycontrol, the company’s Chief Technology Officer, Jagbir Singh, shared that the 4G expansion, under new agreements with Nokia, Ericsson, and Samsung, is set to begin soon.
Ericsson has been reporting a steep decline since the last quarter of the 2023 calendar year due to lower 5G spending. India’s revenue contribution towards the company’s overall revenue fell to 5 percent in the July-September quarter from 13 percent a year ago.