Telecom

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Telecom - Total results - 1332
Vodafone Idea issues clarification: No proposal from Google on investment, says telecom major; evaluating various opportunities
Business

Vodafone Idea issues clarification: No proposal from Google on investment, says telecom major; evaluating various opportunities

Vodafone Idea said currently there is no proposal as reported by the media that is being considered at the Board

FII ownership in Nifty-500 hits five-year low during Q4; promoter holdings up post-COVID-19 outbreak: Motilal Oswal
Business

FII ownership in Nifty-500 hits five-year low during Q4; promoter holdings up post-COVID-19 outbreak: Motilal Oswal

Both FIIs and domestic institutional investors (DIIs) increased stake in telecom on a quarter-on-quarter basis by 190 and 220 basis points respectively.

Moderate participation expected in spectrum auctions; telecom industry's debt to elevate at Rs 4.6 lakh cr in FY21: ICRA
Business

Moderate participation expected in spectrum auctions; telecom industry's debt to elevate at Rs 4.6 lakh cr in FY21: ICRA

Rating agency ICRA expects moderate participation for the upcoming spectrum auctions at Rs 55,000-Rs 60,000 crore due to the limited financial flexibility of the industry

Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr in secondary market; more of debt relief exercise, feel analysts
Business

Bharti Telecom sells 2.75% stake in Airtel for Rs 8,433 cr in secondary market; more of debt relief exercise, feel analysts

Promoter firm Bharti Telecom has sold 2.75 percent stake in Airtel to institutional investors in the secondary market, raising over Rs 8,433 crore, the company said on Tuesday

DPIIT asks telecom dept, BSNL to hold Rs 9,000 cr worth tender following allegations of anomalies
Business

DPIIT asks telecom dept, BSNL to hold Rs 9,000 cr worth tender following allegations of anomalies

The Department for Promotion of Industry and Internal Trade (DPIIT) has asked the telecom department and state-owned BSNL to put on hold the tender for setting up 4G network, valued at Rs 9,000 crore, after allegations emerged that the tender favoured foreign companies

Vodafone Idea will bounce back despite AGR stress, says Bharti Infratel chairman Akhil Gupta
Business

Vodafone Idea will bounce back despite AGR stress, says Bharti Infratel chairman Akhil Gupta

Telecom infrastructure company Bharti Infratel on Friday said it believes that Vodafone Idea will bounce back, and the entity "will be around" despite the stress faced by the operator on account of statutory dues

Bharti Infratel Q4 net profit at Rs 650 cr; company extends Indus Towers merger deadline by 2 months
Business

Bharti Infratel Q4 net profit at Rs 650 cr; company extends Indus Towers merger deadline by 2 months

Telecom infrastructure firm Bharti Infratel on Thursday reported a 7 percent increase in consolidated net profit for the March quarter at Rs 650 crore

Vodafone Idea's long term viability remains under cloud, despite near-term liquidity support: Report
Business

Vodafone Idea's long term viability remains under cloud, despite near-term liquidity support: Report

The $200 million fund infusion by British telecom giant Vodafone offers near-term liquidity support to Vodafone Idea, but longer-term viability remains under cloud, Credit Suisse has said

Vodafone Idea shares jump 9% as Vodafone Group makes about Rs 1,530 cr accelerated payment
Business

Vodafone Idea shares jump 9% as Vodafone Group makes about Rs 1,530 cr accelerated payment

Shares of Vodafone Idea Ltd ended over 9 percent higher on Thursday after British telecom giant Vodafone Plc said it has advanced infusion of $200 million (about Rs 1,530 crore) in its Indian joint venture with Aditya Birla Group, that is facing a humongous liability of past statutory dues

Vodafone Group makes Rs 1,530 cr payment to Vodafone Idea under 'contingent liability mechanism'
Business

Vodafone Group makes Rs 1,530 cr payment to Vodafone Idea under 'contingent liability mechanism'

Vodafone Group on Wednesday said it has accelerated a payment of $200 million (about Rs 1,530 crore) to Vodafone Idea, due in September 2020, under the terms of the "contingent liability mechanism"

Coronavirus Outbreak: Airtel to pay April salaries of nearly 25,000 staff employed by distributors, retail franchisees
Business

Coronavirus Outbreak: Airtel to pay April salaries of nearly 25,000 staff employed by distributors, retail franchisees

Airtel has decided to pay the basic income for April to nearly 25,000 employees of its distribution partners and retail franchisee network to help them tide over the unprecedented situation arising out of the ongoing lockdown to contain the spread of Covid-19

Former Vodafone Idea executive Rahul Vatts joins Bharti Airtel as chief regulatory officer
Business

Former Vodafone Idea executive Rahul Vatts joins Bharti Airtel as chief regulatory officer

Telecom operator Bharti Airtel has appointed Rahul Vatts as the chief regulatory officer of the company

Telecom infra firms ask BSNL to immediately clear Rs 1,500 cr dues; say non-payment results in mobile service outage
Business

Telecom infra firms ask BSNL to immediately clear Rs 1,500 cr dues; say non-payment results in mobile service outage

Despite the relief package the losses of BSNL swelled by over 2.5 times to Rs 39,089 crore during the April-December 2019 period.

Coronavirus Outbreak: Which sectors will bounce back, which will take time post-lockdown, experts weigh in
Business

Coronavirus Outbreak: Which sectors will bounce back, which will take time post-lockdown, experts weigh in

Sectors that depend on people's behaviour would take the longest time to recover after the end of the lockdown period, while those curbed by the government to contain the spread of coronavirus are set for a bounce-back immediately after the restrictions are removed, say experts

Coronavirus Outbreak: COAI dials FM for telecom sector relief; says urgent measures must
Business

Coronavirus Outbreak: COAI dials FM for telecom sector relief; says urgent measures must

Industry body COAI has written to Finance Minister Nirmala Sitharaman seeking urgent relief measures, including lowering of levies with immediate effect, for the telecom operators on account of the "adverse impact" of COVID-19

Coronavirus Outbreak: BSNL, MTNL to extend prepaid validity up to 20 April, offer Rs 10 additional talktime
Business

Coronavirus Outbreak: BSNL, MTNL to extend prepaid validity up to 20 April, offer Rs 10 additional talktime

State-owned telecom operators BSNL and MTNL will extend the validity period of their prepaid mobile services till 20 April and offer Rs 10 additional talktime even after zero balance, to enable users, especially poor and underprivileged, to stay connected during the 21-day nationwide lockdown

BSNL, MTNL release over Rs 10,000 cr for employees voluntary retirement scheme
Business

BSNL, MTNL release over Rs 10,000 cr for employees voluntary retirement scheme

State-run telecom firms BSNL and MTNL have released over Rs 10,000 crore for employees who have opted for voluntary retirement scheme, according to a statement

Coronavirus Outbreak: Extend prepaid validity so users get uninterrupted services during lockdown, TRAI tells telcos
Business

Coronavirus Outbreak: Extend prepaid validity so users get uninterrupted services during lockdown, TRAI tells telcos

Sector regulator TRAI has asked telecom operators to extend the validity period of prepaid users to ensure that subscribers get uninterrupted services during the 21-day nationwide lockdown

Coronavirus Outbreak: Vodafone Idea says confident of handling surge in voice and data services demand
Business

Coronavirus Outbreak: Vodafone Idea says confident of handling surge in voice and data services demand

Vodafone Idea on Thursday said it is monitoring traffic pattern and remains confident of handling the surge in voice and data services demand amid country-wide lockdown to tackle the spread of coronavirus

AGR dues: Govt is well aware of implications if relief not provided to telcos, says COAI
Business

AGR dues: Govt is well aware of implications if relief not provided to telcos, says COAI

Industry body COAI on Friday said the government is well aware of implications of leaving the stressed telecom sector without a relief package, as it urged policymakers to use "tools" available to find appropriate solutions expeditiously