Telecom News

Companies

Central Board of Direct Taxes ropes in Bharti-Airtel for network project

Under the project, called Taxnet 2.0, the company will provide network connectivity, facility management services and video conferencing services.

1 min read19 Jul 2024
News

All rules on new telecom law to be notified in 180 days: minister Scindia

On the bond guarantee for MTNL, the minister said while monetization of assets will take place to pay off liabilities, in the interim, the sovereign guarantee bonds will be good as the government stands behind those models and there will be no default.

4 min read18 Jul 2024
Industry

Scindia meets with telecom sector bosses, upholds consumer interests in sectoral growth

The top carriers’ meeting with the minister was one of the six stakeholder committee meetings in two days, which were focused on facilitating a two-way dialogue with the government on critical matters

2 min read16 Jul 2024
Markets

Vodafone Idea shares surge 6% as Citi maintains ’buy’ call on expectations of favorable AGR case outcome

Citi maintains ‘buy’ rating on Vodafone Idea with ₹23 target price, expecting favorable AGR case outcome. Stock surges 5.8% post optimism on curative petition. Telecom company seeks expedited hearing on AGR dues challenge.

3 min read16 Jul 2024
Companies

Vodafone Idea seeks urgent Supreme Court hearing on revenue dues

Vodafone Idea said it was looking to raise debt funding to pay its dues, but potential lenders require clarity on its exact liability.While the department of telecommunications has demanded ₹58,254 crore from VI towards adjusted gross revenue dues, the company’s assessment is ₹21,533 crore.

2 min read15 Jul 2024
Industry

Nine in 10 mobile subscribers face call drops even as tariffs rise: Survey

A survey by LocalCircles reveals that a large majority of users continue to face call drops. In the survey that covered over 32,000 people across India, 89% faced call disconnections and call drops, while 38% said that more than a fifth of their calls dropped.

3 min read15 Jul 2024
Companies

Instead of merger plan, operations of listed MTNL will be handed to BSNL, says report

The BSNL-MTNL merger plans have been scrapped, as per the report, and instead, MTNL’s telecom operations will be handed over to the much bigger BSNL, as per a report.

1 min read14 Jul 2024
Industry

Mint Explainer: Why telcos are seeking fair share from OTT apps on top of bundled plans

The bundled offering has raised a question: Should content providers still give a “fair share” of their revenues to telecom firms that have invested billions into the network needed for users to stream the content? Mint examines:

2 min read12 Jul 2024
Industry

Why analysts are expecting telecom revenues to improve in Q1 FY25

Banking on the structural uptrend witnessed in the average revenue per user of India’s telecom industry players, analysts tracking the space expect Indian telcos to report robust quarterly numbers in Q1 FY25, even as the recently announced tariff hikes start to kick in from this quarter onwards.

2 min read9 Jul 2024
Companies

Telcos hiring down to 30% in FY25, job additions will be seen in 5G roles, and for expansion plans, says report

India’s telecom sector is expected to see a workforce growth contraction to 30% in FY25, with major players like Reliance Jio and Airtel completing their 5G expansion plans. Overall, telcos are likely to employ 67.9 lakh workers for expansion and 5G roll-out.

1 min read8 Jul 2024
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