Page 4 - Indian Telecom Sector

Once regarded as fastest-growing, Indian telecom battles for survival

The Supreme Court order for including non-core revenue in telecom groups' gross adjusted revenue -- the figure on which the levies are charged -- revived the rivalry between Ambani and Bharti Mittal

For whom the bell tolls

No new policy but major policy decisions at the highest level are necessary to save the telecom sector

Why Vodafone-Idea is in trouble despite being India's No. 2 telecom firm

Vodafone Idea yesterday reported a massive net loss of Rs 50,922 crore for the July-September quarter, the highest-ever quarterly loss by an Indian company

Voda CEO Nick Read spoke out about telecom mess: Why he said what he said

Read has retracted his criticism, but he was pointing out the obvious - the current pricing regime is unsustainable

Govt objects to Voda CEO's comments on India JV being pushed to liquidation

The central government has objected to the reported comments of Nick Read, chief executive of Vodafone, that the India unit of the telecom major was headed for liquidation due to, among other factors, the Supreme Court decision requiring payment of Rs 28,300 crore as spectrum dues.According to media reports, Union telecom and communications minister Ravi Shankar Prasad spoke to Vodafone Idea chairman Kumar Mangalam Birla to express displeasure. Vodafone Plc, the parent entity, says its chief's comments were taken "out of context", presenting an incorrect picture. Vodafone Plc owns 44.3 per cent stake in Vodafone Idea; the Aditya Birla Group holds 26.5 per cent.According to the transcript of Read's utterances, he'd told analysts that due to the Supreme Court's ruling on the correct way to determine telecom company dues from their Adjusted Gross Revenue (AGR), on top of the financial stress already present, the situation of the telecom sector in India and at Vodafone Idea was a ...

Won't pump more capital in India until provisions change: Vodafone to govt

Vodafone entered the market in 2007 via a multibillion-pound acquisition

Another blow to telecom

Govt needs to decide what it wants to do with the sector

Market forces easing price war among Indian telecom companies: Trai chief

In one signing of easing competition, Reliance Jio Infocomm Ltd. earlier this month said it was imposing a charge on voice calls that were formerly free

High spectrum prices, network costs to impact Indian telecom sector: Airtel

Vice-Chairman Rakesh Bharti Mittal said litigation in the sector was also adding to its woes

Trai floats consultation paper to form a unified numbering plan

The consultation paper analyses changes affecting mobile phones, fixed lines

Indian telecom 'market repair' is still some time away, says Jefferies

Bharti's rights issue and Jio demerger indicate that pricing improvement in the market is still some time away.

Telcos' revenue may grow 7%, network capex capped at Rs 90 k-cr in FY20

According to telecom regulator Trai's latest data, gross revenue (GR) and adjusted gross revenue (AGR) of the telecom service providers have been on the decline, barring few exceptions

The telecom mess

India Inc's highest-ever loss underlines state, corporate failure

Achieving $100 bn investment in telecom is understatement: Telecom Secy

The government aims to attract $100 bn investments in the sector in 5 years, Aruna Sundararajan says that the telecom sector is robust enough to achieve the objective despite the current slump

Telecom consolidation: Who gains most from govt's spectrum cap decision?

Vodafone-Idea and Reliance Jio will be the key gainers of the government's decision to remove the cap on holding spectrum

Big 3 headed towards controlling 95% of telecom revenues

With consolidation in the Indian telecom sector accelerating over the past two years, the sector is now headed towards a three player oligopoly with Bharti Airtel, Vodafone-Idea Cellular and Reliance Jio, controlling 95 per cent of the revenues. Analysts attribute the faster pace of consolidation to reasons including very spectrum costs and intense pricing pressures following the entry of Reliance Jio in September 2016."Consolidation in the India telecom industry has accelerated over the past two years, with the top three operators gaining as much revenue market share (580bps) over FY15-1QFY18 as they did over FY10-15. This has been driven by high spectrum costs and intense pricing pressure due to the entry of Reliance Jio," CLSA said in a report.High spectrum cost paid to the government is one of the key reasons for consolidation in the sector. While big telecom operators, buoyed by larger balance sheets, were able to participate actively in the spectrum auctions, smaller operators ..