Page 9 - Telecom Industry

Airtel Africa names Sunil Taldar CEO, Olusegun Ogunsanya to retire in July

Ogunsanya will retire on July 1, 2024, after a 12-year-long stint in the company. He had run the Nigeria Operations of the Telecommunications and mobile money company for nine years before Airtel

Airtel Africa CEO Ogunsanya to retire, Sunil Taldar named successor

Airtel Africa on Tuesday announced the retirement of Chief Executive Officer Olusegun 'Segun' Ogunsanya, with effect from July 1, 2024, and named Sunil Taldar as his successor. Taldar, who joined Airtel Africa in October 2023 as Director Transformation, will begin the transition to the CEO role, working alongside Ogunsanya. After the transition period, Taldar will be appointed to the board as an executive director and assume the role of CEO on July 1, 2024, when Ogunsanya will step down from the board and retire from the company, Airtel Africa said in a release. "Airtel Africa plc today announced the retirement of the Chief Executive Officer, Olusegun Segun Ogunsanya, with effect from 1 July, 2024," the release said. Ogunsanya, who joined Airtel in 2012, ran the Nigeria operations of the telecommunications and mobile money company for nine years before being appointed as CEO of the group in 2021. "With local knowledge of the African landscape and deep distribution experience he l

Bharti Airtel Services set to acquire 97.1% stake in Beetel Teletech

Bharti Airtel Services, a wholly-owned subsidiary of Bharti Airtel, has entered into an agreement for the acquisition of 49.45 lakh shares or 97.1 per cent stake in Beetel Teletech, another Bharti Group company, according to a filing. Pegging the cost of acquisition at Rs 669 crore, the filing said this acquisition is a part of the company's strategy to enable indigenisation initiatives within its own ecosystem of telecom products in line with the Government's policy of Make In India' and add distribution and service capabilities (including system integration) largely for the enterprise business. "...as a part of group restructuring, Bharti Airtel Services Limited, a wholly-owned subsidiary company of Bharti Airtel Limited has entered into an agreement for acquisition of 49,45,239 equity shares representing 97.1 per cent stake in another Bharti Group company, Beetel Teletech Limited, which also has 49 per cent stake in Joint Venture having two manufacturing facilities which produce .

Airtel to seek reversal of Rs 24.9 lakh penalty order received under CGST

Bharti Airtel on Tuesday said it does not agree with an order it received under the Central Goods and Services Tax Act for levy of Rs 24.94 lakh penalty, and will take suitable action for rectification or reversal. The violation pertains to alleged irregular input tax credit claim from 2017-18 to 2021-22 and other related matters, Airtel said in a BSE filing. Submitting details of the orders received by the company under the Central Goods and Services Tax Act, Airtel said the order was received on December 24. The order entails a levy of a penalty of Rs 24,94,316, it said, adding, "the company does not agree with the order and will take appropriate action for rectification/reversal of the same." "The maximum financial impact is to the extent of the penalty levied," it said.

Telecom Bill 2023: Here are 10 important changes that will impact you

Telecommunications Bill: If any mobile user has more than nine SIM cards issued on one Aadhaar card, they will be penalised up to Rs 50,000 for the first time and Rs 2 lakh for subsequent offences

Telecom Bill to fast track allocation of spectrum in various sectors

19 sectors listed in Bill for allocation route, national frequency allocation plan to be revamped

Reliance Jio gains 3.47 mn, Vi loses 0.74 mn users in September: Trai

Bharti Airtel, the second-largest player in the market, saw its subscriber count increase by 1.32 million users

Telecom tribunal asks DoT to adjust excess Rs 755 crore collected from Vi

Last month, the Bombay High Court also issued an order in Vi's favour asking the Income Tax department to refund Rs 1,128 crore paid by the telco in taxes for AY2016-17

The world is not flat

Despite the illusions that ICTs have levelled the global playing field for companies and nations, the reality is quite the opposite

Dialling in: Admin price rings louder than satellite spectrum auction bid

while the market for satellite broadband currently is small ($10-15 million), the potential is large as an estimated 30% of the country does not have reliable terrestrial broadband services

Telecom infrastructure providers flag permission issues in Uttar Pradesh

Industry body Digital Infrastructure Providers Association (DIPA) has flagged "critical issues" faced by telecom infrastructure players in securing permissions for deploying infrastructure in Uttar Pradesh, particularly in Noida and Ghaziabad. DIPA has urged the Uttar Pradesh Government to clear all the pending applications at the earliest for faster rollout of 5G services in the state. Raising the issue, DIPA's Director-General T R Dua said that telecom infrastructure providers are unable to get permissions for deploying infrastructure in the state, especially in Noida and Ghaziabad. This, despite applying over the online portal 'Nivesh Mitra', the single window system, providing all the necessary documents and depositing the application fee, the association said. DIPA members include ATC Telecom, Indus Towers, Ascend Telecom, Summit Digitel, Sterlite Technologies, Crest Digitel, Suyog Telematics, Signotox Towers, iBus Infrastructure, Applied Solar Technologies (AST), CloudExtel a

ITU reaches global agreement to open new 6 GHz spectrum band for 5G, 6G

Telecom operators will be able to use 6 GHz band radiowaves for 5G and 6G services, with majority of the member countries of the International Telecommunication Union(ITU) agreeing to a global accord in this regard. The agreement was reached at the ongoing ITU spectrum meet WRC 2023 in Dubai. According to ITU-recognised body IAFI, spectrum in 6 Ghz band has last set of radio frequencies available that can be used for 5G and 6G services at affordable costs while other set of frequencies marked for them are in higher frequency bands. The wavelength of spectrum frequencies reduces in higher frequency bands, thereby reducing coverage of signals transmitted in high frequency bands. Therefore, telecom operators are required to install more transmitters or towers in higher frequency bands compared to lower frequency band and the cost of deployment network in respective bands also varies. "The World Radiocommunication Conference 2023 (WRC-23), ITU's premier event, which is held every four

Indian delegation at spectrum meet deviating from agreed position: COAI

Telecom industry body COAI has alleged that the Indian delegation at an ongoing global spectrum meet is deviating from the stance agreed upon with the industry on the 6 Ghz band spectrum without any consultation. In a letter to union telecom minister Ashwini Vaishnaw on December 13, Cellular Operators Association of India said that failure to designate spectrum in the 6 gigahertz band for mobile services will harm India's 5G interest. It will also impact the progress towards the development of a worldwide ecosystem for mobile telephony in this band, the lobby group said. ITU World Radiocommunication Conference 2023 is going on in Dubai where a decision will be taken on technology for which 6 Ghz band spectrum should be used across the globe. The conference started on November 20 and will end on December 15. COAI, whose members include Jio, Airtel, Vodafone Idea etc, said through its earlier correspondence to the minister, it had attempted to put forward the correct picture about the

Hiring activity for white-collar jobs dips 12% during Oct-Nov: Report

Hiring activity for white-collar jobs witnessed a 12 per cent on-year decline during October-November largely due to fall in recruitment trends in IT-Software, telecom and education sectors, a report said on Thursday. White-collar recruitment during October-November declined by 12 per cent with 2,433 job postings, compared to 2,781 during the corresponding months in 2022, according to the Naukri JobSpeak Index. The Naukri JobSpeak is a monthly Index representing the state of the Indian job market and hiring activity based on new job listings and job-related searches by recruiters on the resume database of Naukri.com. While, telcom, education, retailing sectors witnessed 18 per cent, 17 per cent and 11 per cent decline, respectively, during October-November compared with the same months in 2022, sectors like hospitality, travel, auto and auto ancillary the hiring trend was stagnant, the report said. Meanwhile, Oil and Gas sectors recorded 9 per cent increase in hiring in the ...

Next spectrum auction to be held in February, reserve price to remain same

Lesser revenue generation expected as telecom operators have already bought most 5G airwaves

Telcos gross revenue rises 5.8%, govt spectrum usage charge declines 59%

Telecom service providers gross revenue increased by 5.88 per cent on a year-on-year basis to Rs 80,899 crore during the quarter ended June 2023, sector regulator Trai said on Tuesday. According to the Telecom Regulatory Authority of India (Trai) Performance Indicator Report, the gross revenue declined 5.22 per cent on a quarterly basis from Rs 85,356 crore registered in March 2023 quarter. The applicable gross revenue (ApGR) and adjusted gross revenue (AGR), on which government share of revenue is calculated, increased by 6.17 per cent and 8.42 per cent to Rs 78,349 crore and Rs 65,354 crore, respectively, according to the report. Gross Revenue (GR) decreased by 5.22 per cent, Applicable Gross Revenue (ApGR) fell by 0.36 per cent and Adjusted Gross Revenue (AGR) increased by 1.75 per cent during the quarter ended June 2023. On YoY basis, GR increased by 5.88 per cent, ApGR rose by 6.17 per cent and AGR increased by 8.42 per cent in the quarter ended June 2023, the report said. The

BSNL planning to allocate more employees towards enterprise business

The decision to increase human resources in the enterprise business comes at a time when BSNL has registered a dip in revenue in the segment in the last two quarters

Trai won't cancel Apple phone registration over DND application row

Talks with the iPhone maker are going on and the issue may be resolved in a few months, say senior officials

Govt considers revising PLI scheme for telecom to spur 5G adoption

Rs 1,500 crore sits unutilised as only 20 of the 42 companies met their targets at the end of the financial year in March 2023

Jio cements lead with net additions of 3.2 mn mobile users in Aug: Trai

India's largest mobile operator Reliance Jio added 32.4 lakh users in August, and its wireless subscriber tally topped 44.57 crore, according to data released by telecom regulator Trai. Bharti Airtel gained 12.17 lakh wireless subscribers in August, while cash-strapped Vodafone Idea lost 49,782 users. The mobile subscriber count of Bharti Airtel rose to 37.64 crore in August. Vodafone Idea (Vi), on the other hand, saw its wireless subscriber numbers dip to 22.82 crore during the month. Reliance Jio cemented its position as India's largest mobile operator, adding 32.45 lakh users in August and its wireless subscriber base swelled to over 44.57 crore, according to monthly telecom subscription data released by Telecom Regulatory Authority of India (Trai). Jio's net adds for August were, however, lower than 39 lakh additions in July. "In August, 12.67 million subscribers submitted their requests for Mobile Number Portability (MNP)," Trai said. With this, the cumulative requests (sinc