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INDIAN TELCOS EARNINGS
S&P upgrades Bharti Airtel to 'BBB+' on strong India, Africa growth and debt reduction prospectsBharti Airtel's credit rating has been boosted to 'BBB+' by S&P Global Ratings, reflecting robust earnings growth anticipated in India and ...
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
Forget chatbots, Ambani's Reliance wants to own India's entire AI economyReliance Industries is charting a unique AI strategy, aiming to democratise artificial intelligence in India by focusing on affordability a...
Boost R&D or lag in 6G race, MoS Chandra Sekhar Pemmasani tells telcos as revenues surgeMinister Chandra Sekhar Pemmasani urged Indian telecom operators to boost R&D spending to shape next-generation mobile networks, noting the...
S&P Global revises Bharti Airtel outlook to 'positive'S&P Global revises outlook on Bharti Airtel to positive. The agency expects Airtel's earnings and cash flows to increase. The positive outl...
Telcos' call for fair share from OTTs due to poor data revenues, says DoT officialThere is a debate on revenue-sharing between telecom operators and OTT service providers in India due to insufficient income from increasin...
Whatsappening? Telcos call out tech companies over business SMSesThe Cellular Operators’ Association of India (COAI) has written a letter to telecom secretary Neeraj Mittal saying “renowned international ...
Telcos slam app makers, call them ‘free riders’The comments from Cellular Operators Association of India (COAI), which represent the top telcos, came a day after the Broadband India Foru...
Telcos lash out at OTTs, call them 'free riders'Apart from that, telcos invest mammoth amounts towards spectrum acquisition and network infrastructure. "OTTs, on the other hand, have nil ...
Telcos to post strong Q4 on tariff hikes; user additions to stay mutedJefferies estimates Airtel and Jio to report 10% sequential jumps in their India mobile revenues in the March quarter, while BNP Paribas es...
China’s ZTE still finds profitability a challenge in IndiaZTE also backed cheaper prices for 5G spectrum, saying the technology would help attract new business models.
Pressure on Bharti, other telcos may partly ease: FitchFitch termed the current low tariffs "unsustainable" and it expects them to rise in 2018.
Reliance Jio Q2 net loss at Rs 271 crore; Ebit at Rs 260 croreThis is the first time that the company declared earnings since starting operations in Sept 2016.
Post consolidation, rationality will return to telecom sector in medium term: Nitin Soni, Fitch RatingsIn the short term, the incumbents are facing a lot of challenges. Their margins will dilute by 200-250 bps in the next 12 months, says Soni.
Telcos refute Trai accusation of cartelisation in Supreme CourtThe telcos in a statement on Friday said they are "surprised and are deeply dismayed" by the fierce attack on them by the regulator.
Nifty won't fly past 9000 in a hurry as earnings momentum missing: Manish Kumar, ICICI Pru Life Insurance"While we are getting positive on the markets, yet we are not seeing markets flying off that zone or that barrier of 9000 Nifty in a hurry."
- Etisalat DB aska 1.6 million customers to shift to other service providers
Etisalat DB has told its 1.6 mn customers to shift to other service providers before the month-end as the telco plans to wind down operatio...
- Indian telcos earn Rs 46,891 cr in Q1, Airtel leads pack
Bharti Airtel has cornered around 22 per cent of the total revenue of Rs 46,891.61 crore earned by telecom service providers.
- Mobile call rates set to come down by up to 20%
Telecom regulator TRAI on Monday directed that termination charges be slashed by upto 33% to 20 paise per minute. Most-awaited gadgets of '...
- Overseas calls to India may cost more
Four leading operators Bharti Airtel, Vodafone Essar, Idea Cellular and Aircel met telecom regulator Trai last week, seeking approval to ch...