Tech innovations with 5G set to redefine future of telecom: Report
Technological innovations with 5G will redefine the future of telecom in India, while amalgamation of telecommunications services with upcoming industries and tech enablers (IoT, 5G, and private networks) will reorient the sector from being a 'service provider to a service enabler', said a release citing the key takeaways from the report.
TDSAT puts encashing of bank guarantees in Airtel, VIL penalty case on hold till next hearing
The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) bench headed by Justice Shiv Kirti Singh listed the matter for hearing on October 26.
DoT security unit begins consultation to develop security framework for set-top boxes
The Security Assurance Standards (SAS) division of NCCS will hold a meeting with the industry on the same on October 21.
Reliance Jio, Bharti Airtel may see 5-7% sequential revenue rise, steady margin in Q2: Jefferies
Jefferies expects the outlook on tariff hikes for Bharti, further details on JioPhone Next for Jio, and tenancy outlook for Indus Towers to be the key things to watch for in the September quarter.
DPIIT notifies 100% FDI in telecom
In a press note, the Department for Promotion of Industry and Internal Trade (DPIIT) said foreign investment in telecom services will be subject to the condition of Press Note 3 of 2020.
DoT mulls withdrawing cases against telcos involving disputes of Rs 40,000 crore
In line with this, the Department of Telecom has already filed an affidavit before the Supreme Court in a case against Anil Ambani-promoted Reliance Communications to take an informed decision whether to proceed with the present appeal or not, the source said.
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.
DoT slaps Rs 3,050 crore penalty on Airtel, VIL; Airtel to approach court
The DoT has given three weeks time to the telecom operators to pay the penalty, a source said while sharing the content of the demand notice served to the companies on Thursday.
BSNL seeks Rs 40,000 crore support from government
The BSNL CMD confirmed that he has approached the government for the support, which is beyond the Rs 69,000 crore relief package that was announced in 2019.
Vodafone Idea CEO says any equity conversion by govt will be in line with the rules, promoters to support fundraising plans
Vodafone Idea Limited is waiting for the government to spell out the final guidelines for the telecom relief package it announced earlier this month. The government allowed a four-year moratorium on the spectrum and adjusted gross revenue (AGR) dues and an option to pay principal and interest by way of equity.
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.
DoT issues order to enable people to get mobile SIM at doorsteps by using Aadhaar, Digilocker docs
Customers will have to pay Re 1 for the process of authentication through Aadhaar-based e-KYC services of UIDAI for getting new mobile connections, according to the new rules.
Telecom relief package: What does it mean for Vodafone-Idea?
VIL will still need external funding for it to undertake the necessary capex that will enable it to retain subscribers
India cabinet did not take up proposal for telecoms relief measures: Report
The cabinet was widely expected to take a decision on a so-called relief package for the telecoms industry, which would have helped all wireless carriers but especially the embattled Vodafone Idea.
TRAI directs telcos to refrain from 'violative' tariff offers
The direction came after the regulator received complaints by telecom service providers against each other, where allegations were levelled about MNP-specific tariff offerings being made by rival firms.
Airtel dials it up, looks to make the most of new opportunities
Despite a 63 per cent rally from its 52-week low in October 2020, the Airtel stock offers a decent upside
Jio users to get unrestricted access to Disney + Hotstar content with new plans; check details
Jio's new plans will offer all the benefits of existing Disney + Hotstar subscription plus "new library of international content in English language including Disney+ originals, TV shows from Disney, Marvel, Star Wars, National Geographic, HBO, FX, Showtime and much more".
Bharti Airtel board approves raising capital up to Rs 21,000 crore via rights issue
The telecom major's board approved the right issue price to be set at 535 per fully paid-up equity share including a premium of Rs 530 per equity share.
Google to make 'substantial investment' in Airtel: Report
In July 2020, Google invested $4.5 billion in Jio Platforms, taking a 7.73 percent stake in the company. This was the first investment from Google under its India Digitisation Fund, through which it plans to invest $10 billion over the next five to seven years to accelerate its digital economy.
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
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.
Airtel, Jio conclude spectrum trading agreement
With this trading, Jio will have 2X15MHz of spectrum in the 800MHz band in the Mumbai circle and 2X10MHz of spectrum in the 800MHz band in Andhra Pradesh and Delhi, thereby further consolidating its spectrum footprint in these circles.
NCLAT ruling on spectrum could make resolution tough if Vodafone Idea files for bankruptcy
NCLAT is of the view that any transfer of the licence that may happen if the corporate debtor is acquired by a third party as part of an insolvency proceeding will only be permitted if the dues for such licence are cleared. Vodafone Idea owes the government Rs 96,270 crore in spectrum payment dues
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.
Telecom department can't allow extension of moratorium on spectrum dues: Report
Nearly Rs 15,900cr of non-adjusted gross revenue (AGR) spectrum dues become payable from April 2022.
