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Airtel May Buy Tata Tele, Jio-RCom Likely to Merge by 2020: Report

By / June 29, 2017 / / 0 Comments

India’s top telco Bharti Airtel may acquire ailing telco Tata Teleservices, while Reliance Jio and Reliance Communications are likely to combine their businesses in a longer term, according to a report by London-based CCS Insight. The ongoing and these expected merger and acquisition moves will result in a four-operator market in the next three years, […]

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Airtel may buy Tata Tele: UK research firm

By / June 28, 2017 / / 0 Comments

Bharti Airtel is the most likely acquirer of the struggling Tata Teleservices as the Indian telecom sector consolidates into a four-operator market in the next three years, according to a just-published report by London-based CCS Insight, a global mobile and wireless market information and intelligence provider. The report titled `Halcyon Days Ahead in a Four-Operator […]

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COAI wants proposal on mandatory testing of telecom products quashed

By / June 27, 2017 / / 0 Comments

The Cellular Operators Association of India (COAI wants the draft proposal on the mandatory testing of telecom products revoked as it fears the policy will cripple the sector. Apart from creating disruptions, the mandatory local screening will also increase the cost of telecom services and hurt end consumers, the body said in a letter to […]

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Telecom woes: IMG to submit policy recommendations in July

By / June 26, 2017 / / 0 Comments

The inter-ministerial group (IMG) looking into financial difficulties of the telecom sector is expected to submit its policy prescription to the Telecom Commission next month. “The (IMG) recommendations will be submitted within a month,” an official told PTI. The IMG was set up on May 16 to examine issues that are affecting viability and repayment […]

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As Reliance Jio impact bites, telcos CEOs meet minister Manoj Sinha; get reassured on orderly growth for sector

By / June 23, 2017 / / 0 Comments

Telecom minister Manoj Sinha on Thursday assured the telecom industry bigwigs that the government would take corrective steps to ensure orderly growth in the sector. “The report of the inter-ministerial group (IMG) will come soon. Corrective steps will be taken by the government for ensuring orderly growth in this sector in terms of services to […]

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Aruna Sundararajan gets full charge as DoT secretary, Ajay Prakash Sawhney new IT secretary

By / June 22, 2017 / / 0 Comments

Aruna Sundararajan, secretary of IT and electronics will now be taking full charge of the department of telecom (DoT), which till now was an additional charge given to her in May. A notification to this effect was issued by the department of personnel, Wednesday, according to which Sundararajan will be at the helm of telecom […]

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Jio free offering led to 11.7% fall in industry revenues: Jefferies

By / June 22, 2017 / / 0 Comments

The growth of Reliance Jio subscriber base and its free offering till 2016-17 fourth quarter has led to a 11.7 per cent year-on-year decline (8.5 per cent quarter-on-quarter decline) in industry revenues, a report by Jefferies said here on Wednesday. “The growth of Reliance Jio subscriber base and its free offering till the end of […]

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CLSA cuts Idea’s revenue estimates for FY18 and FY19

By / June 21, 2017 / / 0 Comments

Idea Cellular’s revenue and Ebitda (earnings before interest, taxes, depreciation & amortisation) estimates for FY18 and FY19 have been cut following a sharp 27% fall in the company’s incremental revenue market share in FY17, high contingent liabilities and a hefty repayment burden over the next three years, brokerage CLSA said in a note seen by […]

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For 82% of users, RJio is only a 2nd SIM: study

By / June 20, 2017 / / 0 Comments

Nearly 82 per cent of Reliance Jio Infocomm’s subscribers use the operator as a secondary provider, with just 18 per cent using it as their primary connection. However, about 86 per cent of these users intend to continue with RJio in the future, despite call drop issues, as the free factor ensures an overall good […]

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Reliance Jio impact: Telecom sector set to see Rs 17,000 cr revenue disappear

By / June 19, 2017 / / 0 Comments

The Department of Telecom (DoT) anticipates that the revenue it earns from the sector will fall by 38% in the current fiscal on account of “severe financial stress” and a “rapid decline in earnings” of the operators. The DoT has asked the finance ministry to revise its non-tax revenue target downwards to Rs 29,524 crore […]

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