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ICRA

Telecom Services Industry Revenue To See 7-9% Growth In FY24, Capex To Touch Rs 70,000 Cr: ICRA

The industry has been "upfronting" 5G capex (capital expenditure) and ICRA foresees sectoral capex at around Rs 70,000 crore for FY2024, within an overall spend of around Rs 3 lakh crore over the next 4-5 years

16 August 2023

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Vodafone-Idea Losses Narrow In Q1 As Tariff Hikes Boost Realisation

The company informed that Ravinder Takkar will take over as Chairman with effect from August 19 and that Himanshu Kapania will step down as non-executive Chairman

03 August 2022

Mukesh Ambani Hands Over Reliance Jio To Son Akash

"The company's board at a meeting on June 27 approved the appointment of Akash M Ambani, non-executive director, as chairman of the board of directors of the company. This comes after his father resigned with effect from the...

28 June 2022

6G Technology.

Delicensing 6 Ghz Band To Hamper 5G, 6G Roll Out In India, Incur Loss To Exchequer: COAI

The industry body has cautioned the department that heeding the demand of Wifi service providers to make the 6 GHz band freely available will lead to revenue loss to the government

14 August 2023

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Bharti Airtel Allots 1.2% Equity Shares To Google For Rs 5,224 Crore

The allotment is part of Google's commitment to invest $1 billion with Airtel, which included equity investment in the company worth $700 million, about Rs 5,224 crore, Airtel said in a regulatory filing

15 July 2022

5G Spectrum Auctions To Conclude By July-End, Services May Begin By September: Ashwini Vaishnaw

The Cabinet has approved a 5G spectrum auction which is scheduled to begin on July 26.

16 June 2022

Telecommunication.

Vaishnaw Exhorts Telecom Industry To Look At 5-10 Times Growth In Manufacturing, Increase Export

"How long can we only import and consume? We have to move beyond that...Today, with all your efforts, we have already crossed USD 2 billion worth of telecom manufacturing...Rs 18,000 crore telecom manufacturing under PLI...

13 July 2023

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Airtel Appoints P K Sinha, Shyamal Mukherjee As Independent Directors

The appointments are subject to approval by shareholders at Airtel's upcoming Annual General Meeting, the company said in a regulatory filing.

17 May 2022

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17 May 2022
DoT Likely To Move 5G Spectrum Auction Proposal To Cabinet Next Week

DoT Likely To Move 5G Spectrum Auction Proposal To Cabinet Next Week

The Trai had recommended a base price for this frequency range and suggested that it can be used for both mobiles as well as satellite services.


17 May 2022
India Aims To Roll Out 6G Telecom Network By End Of Decade: PM Narendra Modi

India Aims To Roll Out 6G Telecom Network By End Of Decade: PM Narendra Modi

India currently has 3G and 4G telecom networks and companies are gearing up to launch 5G over the next few months.


17 May 2022
Bharti Airtel Net Profit Zooms To Rs 2,008 Crore In March Quarter

Bharti Airtel Net Profit Zooms To Rs 2,008 Crore In March Quarter

For the full year FY22, the Sunil Mittal-led telco logged a net profit of Rs 4,255 crore against a loss of Rs 15,084 crore in the previous fiscal (FY21).


13 May 2022
Vodafone Idea Debt A Challenge; Fundraise Critical For Competitiveness: Analysts

Vodafone Idea Debt A Challenge; Fundraise Critical For Competitiveness: Analysts

VIL expects the government to complete the conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks.


27 April 2022
Cabinet Clears Rs 2,426 Crore To Upgrade Mobile Sites In Naxal-Hit Areas To 4G

Cabinet Clears Rs 2,426 Crore To Upgrade Mobile Sites In Naxal-Hit Areas To 4G

The project is spread across the Naxal-affected area in 10 states and the task has been assigned to the state-owned telecom firm BSNL. 


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21 April 2022
Airtel Urges Government To Keep The 5G Spectrum Pricing Low

Airtel Urges Government To Keep The 5G Spectrum Pricing Low

Sunil Bharti Mittal said that there are a variety of applications across sectors ranging from healthcare to video interactions, which will make 5G a technology...


31 March 2022
Vodafine-Idea To Raise Rs 4,500 Crore By Share Allotment To 3 Promoter Companies

Vodafine-Idea To Raise Rs 4,500 Crore By Share Allotment To 3 Promoter Companies

The telecom operator had earlier this month announced Rs 14,500 crore fundraising plans, where promoters would inject Rs 4,500 crore.


29 March 2022
Telecom Regulator To Recommend 5G Spectrum Pricing In 7-10 Days

Telecom Regulator To Recommend 5G Spectrum Pricing In 7-10 Days

Trai's views on spectrum pricing and other nuances are crucial as it will set the pace for the auctions and subsequent rollout of the fifth-generation services...


28 March 2022
Jio Becomes First To Roll Out Rs 259 'Calendar Month Validity' Prepaid Plan

Jio Becomes First To Roll Out Rs 259 'Calendar Month Validity' Prepaid Plan

As per information on Jio's website, Rs 259 plan comes bundled with 1.5 GB daily data and unlimited calling along with other benefits on the validity of...


27 March 2022
Airtel Urges TRAI for Affordable 5G Spectrum Pricing

Airtel Urges TRAI for Affordable 5G Spectrum Pricing

While 5G will open up immersive entertainment, industrial use cases, unlock new avenues in education and other areas, its biggest upside will be super-fast...


27 March 2022
Vodafone Idea Shareholders Approve Rs 14,500 Crore Fundraise Proposal

Vodafone Idea Shareholders Approve Rs 14,500 Crore Fundraise Proposal

Vodafone Idea (VIL) had placed special resolution of the issue of equity shares worth Rs 4,500 crore to the group firms of promoters Vodafone and Aditya Birla...


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20 March 2022
BSNL's Service Revenue Seen At Rs 17,000 Crore In FY22

BSNL's Service Revenue Seen At Rs 17,000 Crore In FY22

The start of 5G offerings by private operators will not place BSNL at an immediate disadvantage, as the device ecosystem for the new-age services is still...


20 March 2022
Government Plans To Merge BBNL With BSNL This Month: BSNL CMD

Government Plans To Merge BBNL With BSNL This Month: BSNL CMD

With the proposed merger, BSNL will get 5.67 lakh kilometers of optical fiber which has been laid across 1.85 lakh village panchayats in the country using the...


27 February 2022
Bharat Broadband Cancels Rs 19,000 Crore Tender For Connecting Villages In 16 States

Bharat Broadband Cancels Rs 19,000 Crore Tender For Connecting Villages In 16 States

The project was approved in June last year to roll out an optical fibre network under BharatNet in 16 states in a public-private partnership (PPP) model with a...


27 February 2022
Telecom Services Users Can Approach Consumer Forum For Deficiency In Service, Says SC

Telecom Services Users Can Approach Consumer Forum For Deficiency In Service, Says SC

The top court passed the verdict on an appeal of Vodafone by which the company had challenged an order of NCDRC by which it had affirmed the view of SCDRC that...


25 February 2022
Jio-Vodafone Against Airtel  Over Satellite Communication Spectrum Allocation

Jio-Vodafone Against Airtel Over Satellite Communication Spectrum Allocation

While Bharti Airtel and Intelsat have proposed that allocation must be done on a case-to-case basis, BSNL has suggested that allocation must be done through...


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