DoT in favour of waiving spectrum bank guarantees, move to help Vodafone Idea
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
Airtel MD says impact of SIM consolidation milder than previous tariff hike rounds, rural network expansion driving growth
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.
Airtel MD Gopal Vittal to take on some key roles from Sunil Mittal; says no intention to leave Bharti Group
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.
Bharti Airtel's management rejig and leadership change unlikely to be highly disruptive: Analysts
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
Airtel to split DTH and entertainment under restructuring plan, create customer experience as standalone function
The Sunil Mittal-led telco is making more changes as part of its planned restructuring, which will take effect on April 1, 2025
Bharti Hexacom swings to black in Q2, net profit at Rs 253 crore
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
Telecom operators urge govt to eliminate AGR-related license fee
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.
Vodafone Idea 4G, 5G rollout to drive near to medium-term growth: Indus Towers CEO Sah
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
MC Interview | Network expansion by Vodafone Idea, other telcos to revive growth for us: Nokia India head
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 Q2 net profit jumps 71% to Rs 2,223.5 crore led by increased tenancies, tower additions
Indus Towers saw its revenue from operations rise by 4.66%, reaching Rs 7,465.3 crore
BSNL will not hike tariffs in near future; private 5G a big focus area, says CMD
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.
Sterlite Technologies bets on US, European markets as fibre demand looks set to revive
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
Elon Musk's Starlink, Amazon Kuiper bat for 'predictable policy', low spectrum price for satcom services
Without affordable pricing, it will be difficult to serve remote regions, where terrestrial networks are unavailable, the companies have said
Red Sea cable cuts impacted profit in Q2; working on asset monetisation to reduce debt: Tata Communications MD
AS Lakshminarayanan, MD and CEO, said the company has kicked off asset monetisation process and reviewing its subsidiaries to achieve long-term profitability growth
Vodafone Idea rips Huawei, ZTE from core; Samsung, Ericsson to replace Chinese 4G gear in metros
The debt-laden telecom operator recently onboarded Samsung to replace 4G deployment by Huawei and ZTE as part of its three-year capex plan
Vodafone Idea aggressive in executing 4G expansion to stop customer churn; commercial 5G rollout by March: CTO Jagbir Singh
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 expects growth to return in India as private telcos kickstart 4G, 5G network expansion: Andres Vicente
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.
Nokia, Ericsson and Samsung set to win fresh 4G, 5G deals worth over $2 billion from Airtel
Airtel’s latest renewal came weeks after Vodafone Idea signed $3.6 billion equipment deals with all three equipment vendors to expand its 4G network and gradually roll out 5G services.
HFCL aims to boost export revenue from fibre optics, targets North American market
HFCL is zeroing in on defence and aerospace sectors to drive the next growth phase. It is in advanced discussions with companies in several countries to export defence products
Satcom launch will empower seamless data, voice calls and messaging services across India: Sunil Mittal
In the next 15-18 months, each and every part of the country will be connected to a very powerful 5G network, says Mittal at India Mobile Congress 2024
Vodafone Idea to finalise IT outsourcing deals this month, adds vendors to depend less on IBM
Vodafone Idea has chosen to involve more vendors to decrease overall operating costs and to work with specialised firms in specific areas, rather than renewing the entire deal with IBM
Reliance Jio becomes world’s fastest-growing 5G FWA provider; targets 1 mn user additions a month
The company added 2.8 million subscribers, nearly doubling its Air Fiber user base in the September quarter
Reliance Jio seeks Scindia’s help in Trai satcom consultation to secure a level-playing field
In its October 10 letter, Jio expressed “significant concerns” over Trai's latest consultation paper on the spectrum assignment for certain satellite-based services
Trial satcom broadband services soon as DoT provisionally allocates satellite spectrum to eligible players for six months
The notification comes amidst an ongoing tussle between Reliance Jio and other satellite communication (satcom) players
