Won’t opt for equity conversion of interest on deferred spectrum, AGR dues: Bharti Airtel
In October 2021, Airtel had opted for the four-year moratorium on AGR and spectrum dues. However, the telecom companies was required to pay interest on these statutory dues during the moratorium period.
Airtel withdraws scheme for new corporate structure announced in April 2021
Airtel noted that the "seminal" telecom sector reforms package announced by the government has significantly boosted the outlook and investor confidence for the industry while simplifying the licence framework.
5G services to be rolled out in 13 cities next year: DoT
DoT, in an official statement, said that 5G trial sites have also been set up in Jamnagar, Ahmadabad, Chennai, Hyderabad, Lucknow, Pune and Gandhi Nagar.
TRAI gives more time for written submissions on spectrum auction discussion paper
The deadline for written comments, which was earlier set for December 28, 2021, has been extended after requests from stakeholders for more time, the Telecom Regulatory Authority of India (TRAI) said in a statement.
SOS call answered, now telecom sector to ring in 5G in 2022
The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives.
Bharti Airtel prepays Rs 15,519 crore to clear all deferred liabilities for 2014 spectrum
The company had acquired 128.4 MHz spectrum, which includes the Telenor spectrum, for a consideration of Rs 19,051 crore in the 2014 auction
Jio tops 4G download speed chart, Vodafone Idea in upload speed in November: TRAI
Vodafone Idea (VIL) and Bharti Airtel network also recorded a rise in average 4G download speed during the month.
Telecom industry seeks spectrum at reasonable prices, rationalisation of taxes: Vodafone Idea CEO Ravinder Takkar
VIL Managing Director and CEO Ravinder Takkar while speaking at India Mobile Congress said recent reforms announced by the government are steps towards addressing financial stress and legacy issues in the sector.
TRAI seeks public views on simplifying process for telecom, broadcast players
The Telecom Regulatory Authority of India (TRAI) in its consultation paper on 'Ease of Doing Business in Telecom and Broadcasting Sector' floated on Wednesday has sought views on making all the permissions online and setting up a single-window clearance system that will coordinate with other ministries concerned that are involved in granting permission to a telecom or broadcast player.
Steps to ease of doing business, banking sector support will enhance telecom industry's strength: Kumar Mangalam Birla
Speaking at the India Mobile Congress event, Kumar Mangalam Birla promised that Vodafone Idea Ltd (VIL) will be a "committed partner" as India makes rapid strides to achieve the vision of a trillion-dollar digital economy.
Airtel inks deal with Juniper Networks to expand broadband network coverage
Airtel has expanded its Fibre-to-the-Home broadband coverage to over 430 towns with plans of covering 30 million households in over 2,000 cities in the next three years.
Reliance Chairman Mukesh Ambani outlines importance of digital revolution at India Mobile Congress 2021: Read full text of his speech
In his address, Mukesh Ambani said, "our industry can take legitimate pride in the fact that we have democratized the Mobile and Digital Revolution in India."
TRAI releases consultation paper to discuss pricing, modalities for auction of 5G spectrum
The Telecom Department has asked TRAI to provide recommendations on issues such as applicable reserve price, band plan, block size, quantum of spectrum to be auctioned and associated conditions for auction of spectrum in 526-698 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300-3670 MHz and 24.25-28.5 GHz bands, the regulator said in a statement.
VIL demonstrates around 4 Gbps 5G data speed during trial
The speed was achieved in the 26 gigahertz spectrum band, or the millimeter band, which is proposed to be put for sale in the future auction.
“The edge of 5G revolution: Dell Technologies”
To understand how new and enhanced offerings for communication service provider will change the telecom landscape we have Mr. Saurabh Tewari, Director & Chief Technology Officer (Telecom), Dell Technologies, India and Mr. Manish Gupta, Senior Director & General Manager, Infrastructure Solutions Group, Dell Technologies India
Trai proposes nil charge on USSD messages for mobile banking, payment services
At present, the Telecom Regulatory Authority of India (Trai) has capped the price of a USSD session at 50 paise where each session can be completed in eight stages.
Nokia to team up with YADRO to build 4G, 5G base stations in Russia
As the deadline for building networks using only Russian equipment approaches, Nokia and Russia's YADRO plan to set up a joint venture to build 4G and 5G telecom base stations in the country.
Ideas For Profit | Bharti Airtel: Tariff hike & improving performance to drive stock upside
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 shares jump nearly 4% after tariff hike announcement
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.
After Airtel, Vodafone Idea raises mobile call, data rates by 18-25%
The development comes a day after Bharti Airtel announced a similar level of tariff hike in mobile prepaid users.
Ideas For Profit | Strong quarter from Airtel, buy the stock for long term
Bharti Airtel reported a strong set of numbers for Q2FY22. Despite the stock’s upmove, MC Pro sees further 10%-plus upside from current levels, and recommends investors to accumulate with a long-term view. Here’s why
Airtel CEO warns users about cyber-fraud cases becoming 'alarmingly frequent'
In an email outreach to subscribers, Gopal Vittal, CEO of Airtel urged users to be vigilant against such cases of cyber fraud that are becoming "alarmingly frequent".
Vodafone Idea opts for four-year moratorium to clear AGR dues
With this announcement, Vodafone became the first telecom to accept the Department of Telecommunications (DoT)’s four-year moratorium on AGR dues, which is part of the recently launched telecom relief package.
Govt notifies rules to settle Vodafone retrospective tax case
The Central Board of Direct Taxes on October 13 notified "Relaxation of Validation (Section 119 of the Finance Act, 2012) Rules, 2021", prescribing the forms and conditions for the declaration to be filed by the company for settling its case.
