Jio adds 4 million customers in April; now has 112 mn

Reliance Jio has defeated its arch rivals Bharti Airtel, Vodafone and Idea Cellular in terms of adding new customers in a month. The new entrant to India's telecom market added 4 million customers in April, highest for any telecom...

Jio vs Airtel, Vodafone, and Idea as IMG panel looks into telecom sector’s woes

New and old telecom operators were again at each other's throats on Monday with Reliance Jioaccusing incumbents of milking the sector using borrowed money while the older players blamed free voice and data offering by the Mukesh Ambani firm...

Government launched ‘Tele-Law’ programme

The Government of India has launched the ‘Tele-Law’ programme, aimed at providing legal aid services in rural areas through digital technology. The Ministry of Law and Justice partnered with the Ministry of Electronics and Information Technology (MeitY), which anchors the...

Delay in plans to offset debt led telecom industry to crisis

With nearly a billion subscribers, India's telecom story was like no other in the world. However, past six months show that the sector may have bitten more than it could chew and Reliance Jio just added to its burgeoning...

Telecom Minister likely to meet telco promoters on June 22-23

Telecom Minister Manoj Sinha is likely to meet promoters of service providers on June 22-23 to discuss the ongoing crisis in the telecom sector. A leading business daily, quoting an industry source, said that the Telecom Minister has called for...

4G download speed in India three times below global average

For all the talk of 4G and high-speed broadband in India, the average download speed — at 5.1Mbps — is less than a third of the global average and only marginally higher than the global 3G speed of 4.4...

Banks’ telecom exposure not large enough to pose systemic threat: Fitch

Indian banks' exposure to troubled telecom companies is not large enough to pose a systemic threat, but defaults could add to problems at banks with weak balance sheets, said Fitch Ratings. The banking sector is already struggling with significant asset...

Panasonic India cashing in on telecom green energy push

With India’s telecom sector investing heavily in green-energy solutions, Panasonic’s local unit has cashed in on the growing demand, generating over $100 million in sales in the last three years supplying lithium-ion battery-based solutions. The telecommunications sector has become the...

Tax sops may top the agenda at telecom meet

Telcos are expected to seek immediate cuts in levies and rationalisation of taxes when they meet an inter-ministerial group (IMG) that's been set up to look into their financial woes from June 12 to 17. The panel will start by...

Indian telecom industry’s cash deficit due to intense tariff war, high taxes

Intense tariff war and high taxes are expected to squeeze Indian telecom operators, leaving a gaping Rs 1,20,000 crore deficit between the industry’s earnings and its debt/payment commitments this year, says debt-laden Reliance Communications. With annual interest payments, loan re-payment...

Airtel gets SEBI, stock exchanges nod for Telenor India acquisition

Bharti Airtel, the country’s No 1 phone company, has received approvals from Securities & Exchange Board of India (SEBI), Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) for the proposed merger with Telenor India. Airtel and Telenor...

Telecom industry’s debt at unsustainable level: SBI

The country's largest bank SBI has sounded alarm bells over troubles of the telecom industry with its chairperson Arundhati Bhattacharya writing to the government regarding "highly unsustainable levels" of debt of mobile companies. Telecom industry's debt to the banking...

Switzerland-based Sicap Opens a Global R&D Centre in Kolkata

Sicap, the Switzerland-based global mobile network software solutions provider, has announced the opening of its Global Development and Support Centre (GDSC) in Kolkata, India. The company has been looking to foray into the Indian market since a long time,...

Average cost of equity for Indian telecom sector reduces to 14 percent in 2017:...

The average cost of equity for the Indian telecom sector has reduced to 14percent in 2017 from 15.8 percent cost of equity recorded in 2014. The reduction is commensurate to the fall in interest rates over these three years,...

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“Net metering and central financial assistance will provide the ultimate push to rooftop solar...

Rooftop solar systems provide clean energy, resulting in multiple environmental and monetary benefits. To actually enjoy these benefits, the Indian government should set up...

IT Minister to Meet Leaders of Electronics Industry on Aug 19

The meeting will focus on understanding the electronics industry's concerns and seek views to create a conducive policy environment  In all, heads of...

The World Needs Strict Laws On Cyber Warfare

In the light of the current sabre-rattling between the US and its Western allies on one side, and countries like Russia and Iran on...

Protecting Company Data: A Game of Whack-A-Mole

It is alarming to learn that only one in four small businesses is truly ready for a cyber-attack. No, the issue isn’t that security...

MeitY Hopes To Provide New Incentives For Electronics Manufacturers

The fresh proposal includes 4-6 per cent interest rate subsidy on loans for new investments It also includes the renewal of the EMC...