World's cheapest, biggest telecom market faces life-threatening crisis; industry favours TRAI intervention to fix floor price
With 1 gigabyte (GB) of mobile data costing just $0.26 compared to $12.37 in the US and $ 6.66 in the UK, India in 2019 emerged as the nation with the cheapest telecom tariff in the world.
State-owned Bharat Sanchar Nigam Ltd (BSNL) said on Tuesday that as many as 78,569 employees have opted for VRS, and added that it expects to save Rs 1,300 crore in wage bills this fiscal after the scheme becomes effective in January
Telecom Minister Ravi Shankar Prasad on Monday hit out at British telco Vodafone for "dictating" terms to India when it threatened of withdrawing from the Indian market following a SC ruling
MTNL shares rise nearly 5% after company seeks shareholder nod for fundraising, monetisation of assets
Shares of Mahanagar Telephone Nigam Ltd (MTNL) on Thursday appreciated nearly 5 percent, a day after it said it will seek shareholders' nod for monetisation of land and buildings as well as for raising up to Rs 6,500 crore through non-convertible debentures
BSNL seeks many more senior technical officers to ensure uninterrupted service amid VRS to reduce staff strength, expenses
The government in October approved a Rs 68,751-crore revival package for loss-making BSNL and MTNL, including 4G spectrum allocation and voluntary retirement scheme, as well as their merger.
Over 92,000 employees of state-run BSNL and MTNL have so far opted for the recently announced VRS scheme, according to a government source
After BSNL, state-owned Mahanagar Telephone Nigam Ltd (MTNL) on Wednesday said its VRS plan has surpassed its internal estimates as more than 13,500 employees have opted for the recently-announced scheme so far
Reliance Jio adds 70 lakh mobile users in September; Vodafone Idea, Airtel lose over 49 lakh subscribers: TRAI
Vodafone Idea and Bharti Airtel lost over 49 lakh users in September this year, while rival Reliance Jio added 69.83 lakh new users to its network, as per data from sectoral regulator TRAI
Over 77,000 employees of state-owned BSNL have opted for the recently launched VRS so far, according to an official
As many as 75,000 employees of Bharat Sanchar Nigam Ltd (BSNL) have already opted for the VRS scheme which rolled out recently, Chairman and Managing Director of the state-owned telecom corporation PK Purwar said on Thursday
Vodafone CEO Nick Read blames media for misrepresenting his statement; says telecom firm to stay invested in India
Vodafone Group CEO Nick Read is learnt to have written back to Prime Minister Narendra Modi promising that the company will remain invested and blamed the media for distorting his remarks made around telecom business in India
DoT asks Vodafone-Idea, Airtel, other telcos to clear AGR dues within three months as per Supreme Court order
The Department of Telecommunications (DoT) has issued notice to telecom operators to pay their adjusted gross revenue (AGR) dues within three months as directed by the Supreme Court, according to an industry source
In all, nearly one lakh BSNL employees are eligible for the voluntary retirement scheme (VRS) out of its total strength of about 1.50 lakh.
With 57,000 BSNL employees opting for VRS, DoT instructs corporation to ensure business continuity measures
If the VRS reaches full target, the staff strength will come down by half. The effective date of voluntary retirement under the present scheme is 31 January, 2020.
BSNL bailout: Over 40,000 employees have opted for VRS so far, response good across all cadres, says telco CMD PK Purwar
BSNL is looking at savings of about Rs 7,000 crore in wage bill, considering 70,000-80,000 personnel opt for the scheme.
BSNL rolls out VRS, expects up to 80,000 employees to avail scheme; company will save Rs 7,000 cr in wage bill
Within days of government approving a relief package for the ailing corporation, state-owned BSNL has rolled out a voluntary retirement scheme for its employees, and said it expects 70,000-80,000 personnel to opt for it leading to savings of about Rs 7,000 crore in the wage bill
Govt panel meets to discuss bailout package for telcos; DoT working on demand notices for Rs 1.4 lakh cr dues
According to the DoT's preliminary calculations, Bharti Airtel faces a liability of around Rs 42,000 crore, while Vodafone-Idea may have to pay about Rs 40,000 crore.
BSNL, MTNL in fresh trouble as vendors mull insolvency action against state-run telcos for pending payments
Last month, the Cabinet approved a Rs 69,000-crore revival plan for BSNL and MTNL but dues of many vendors are still unpaid.
MTNL rolls out VRS for employees, scheme to remain open till 3 December; move to bring down staff cost to 25%
The company has segregated the scheme for three sets of employees—combined service optees, pro-rata optees and MTNL recruited employees.
WhatsApp hack: Congress should wait for facts to emerge rather than float conspiracy theories about Modi govt snooping
There are a lot of unanswered questions and loopholes in the narrative, but that hasn’t stopped the Congress from accusing the BJP-led NDA government of snooping and calling on the Supreme Court to take suo motu cognisance of these “illegal activities” and “hold the government to account”.