Telecom Sector Debt
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5G Spectrum Auction Likely to Increase Telecom Sector Industry Debt, Warns ICRA
5G auctions in India, set to begin from July 26, could likely increase telecom sector industry debt, warns ICRA. It also expect telecom industry to buy spectrum worth around Rs 1-1.1 lakh crore in the upcoming auctions.
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Airtel Chief Sunil Mittal Says Company Has Emerged Stronger
"My professionals will not send me anything that will compromise the company's governance," said Sunil Mittal
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ICRA Upgrades Telecom Services Industry Outlook To 'Stable'
The telecom tariff hike along with the recent relief package offers sufficient headroom for the industry to fund capex for 5G tech upgrade, ICRA said
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Union Cabinet Takes Decisions To Reform Telecom Sector. Read About Them Here
In a major reform push for the telecom sector in the country, the Union Cabinet on Wednesday cleared nine structural and five procedural reforms which are expected to reduce the financial burden off the cash strapped telecom firms and at the same time are also aimed at providing cash flow into the government's kitty, which would be used for install...
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Telcos Get 4-Year Moratorium On Spectrum Dues In Huge Relief
Telecom firms get 4-year moratorium on spectrum dues in huge relief for the sector
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Telecom AGR Dues Crisis: RBI Closely Monitoring Developments
Some telecom firms are already struggling with mounting losses and debt and the additional liability has raised concerns of them defaulting on existing loans.
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Vodafone Idea, Airtel To Hike Tariffs From December Amid Sector Stress
Airtel will appropriately increase price offerings in the month beginning December," Bharti Airtel said in a press release.
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Government Forms Panel To Address Telecom Sector Woes: Report
Shares in Vodafone Idea closed 8.3% down while Bharti Airtel lost 3.5% in a broader market that finished with a 1.4% gain.
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Telecom Industry Revival Likely To Be Prolonged: ICRA
ICRA estimates debt level of Indias telecom sector at Rs 4.7 lakh crore as on March 31, 2018.
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Bharti Telecom To Get Rs 2,649 Crore Investment From Singapore's Singtel
The transaction is subject to the shareholders' approval of Bharti Telecom and the funds raised will be used towards debt reduction, Bharti Airtel said.
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Airtel Sells $508 Million Stake To Survive Price War Started By Jio
Telecom giant Bharti Airtel sold a half-billion-dollar stake in its mobile tower business to help shrink its debt worth Rs 91,480 crore.
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Airtel Offloads Bharti Infratel Shares For Rs 3,325 Crore
Airtel will primarily use the proceeds from this sale to pare its debt, a company statement said.
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Reliance Communications To Sell Big TV To Trim Debt
Veecon Media & Television will buy 100% equity stake in Reliance Big TV Ltd.
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Anil Ambani's RCom To Shut Voice Calls In A Month. Here's Why
The Anil Ambani-led Reliance Communications is under a debt of around Rs.46,000 crore.
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Fittest 3 Will Survive, Says Kumar Mangalam Birla As Telecom Wars Worsen
India's mobile operators have seen revenue plummet and debt soar after last year's launch of Reliance Jio Infocomm Ltd.
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5G Spectrum Auction Likely to Increase Telecom Sector Industry Debt, Warns ICRA
5G auctions in India, set to begin from July 26, could likely increase telecom sector industry debt, warns ICRA. It also expect telecom industry to buy spectrum worth around Rs 1-1.1 lakh crore in the upcoming auctions.
-
Airtel Chief Sunil Mittal Says Company Has Emerged Stronger
"My professionals will not send me anything that will compromise the company's governance," said Sunil Mittal
-
ICRA Upgrades Telecom Services Industry Outlook To 'Stable'
The telecom tariff hike along with the recent relief package offers sufficient headroom for the industry to fund capex for 5G tech upgrade, ICRA said
-
Union Cabinet Takes Decisions To Reform Telecom Sector. Read About Them Here
In a major reform push for the telecom sector in the country, the Union Cabinet on Wednesday cleared nine structural and five procedural reforms which are expected to reduce the financial burden off the cash strapped telecom firms and at the same time are also aimed at providing cash flow into the government's kitty, which would be used for install...
-
Telcos Get 4-Year Moratorium On Spectrum Dues In Huge Relief
Telecom firms get 4-year moratorium on spectrum dues in huge relief for the sector
-
Telecom AGR Dues Crisis: RBI Closely Monitoring Developments
Some telecom firms are already struggling with mounting losses and debt and the additional liability has raised concerns of them defaulting on existing loans.
-
Vodafone Idea, Airtel To Hike Tariffs From December Amid Sector Stress
Airtel will appropriately increase price offerings in the month beginning December," Bharti Airtel said in a press release.
-
Government Forms Panel To Address Telecom Sector Woes: Report
Shares in Vodafone Idea closed 8.3% down while Bharti Airtel lost 3.5% in a broader market that finished with a 1.4% gain.
-
Telecom Industry Revival Likely To Be Prolonged: ICRA
ICRA estimates debt level of Indias telecom sector at Rs 4.7 lakh crore as on March 31, 2018.
-
Bharti Telecom To Get Rs 2,649 Crore Investment From Singapore's Singtel
The transaction is subject to the shareholders' approval of Bharti Telecom and the funds raised will be used towards debt reduction, Bharti Airtel said.
-
Airtel Sells $508 Million Stake To Survive Price War Started By Jio
Telecom giant Bharti Airtel sold a half-billion-dollar stake in its mobile tower business to help shrink its debt worth Rs 91,480 crore.
-
Airtel Offloads Bharti Infratel Shares For Rs 3,325 Crore
Airtel will primarily use the proceeds from this sale to pare its debt, a company statement said.
-
Reliance Communications To Sell Big TV To Trim Debt
Veecon Media & Television will buy 100% equity stake in Reliance Big TV Ltd.
-
Anil Ambani's RCom To Shut Voice Calls In A Month. Here's Why
The Anil Ambani-led Reliance Communications is under a debt of around Rs.46,000 crore.
-
Fittest 3 Will Survive, Says Kumar Mangalam Birla As Telecom Wars Worsen
India's mobile operators have seen revenue plummet and debt soar after last year's launch of Reliance Jio Infocomm Ltd.
