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TELCOM SECTOR
Fitch Rating says tariff hikes, recent govt relief won’t offset impact of AGR duesThe rating agency has a negative outlook on the telecom sector under a mammoth debt in question.
As tenancies fall, tower cos eye new infra opportunitiesThe telcom market has shrunk to a limited three plus-one-operator format with three private players and one major state-run telco.
Rising diesel prices may hurt telcom sectorDiesel prices have already risen about 7% since August 1, courtesy a combination of a weak rupee versus the greenback, higher global oil pr...
Indian Telecom: Will the phoenix rise from the ashes?Circa 1999 — the telcom sector was in doldrums, making it difficult for the telecom players to survive and saw many foreign companies leave...
Telcom sector competition to remain intense over 12-18 mths: Moody'sBharti will take over Tata's mobile operations in 19 circles, including the transfer of all assets (including spectrum) and customers, on a...
RIL AGM will be a landmark event for corporate India and telecom sectorAGM of Reliance Industries Ltd (RIL) is always an eagerly-awaited annual event for the business community and industry watchers in India.
- Avoid telecom stocks: Sudip Bandyopadhyay, Destimoney Securities
The entire telcom sector looks weak and it is better to avoid this sector as things stand now.
- Investors have not lost confidence in telecom sector: Kapil Sibal
Sibal today said foreign investors have not lost confidence in the sector and will participate in the auction of the airwaves freed by the ...
- STCI Finance acquires minority stake in Tulip Telecom
Bank of India controlled STCI Finance has acquired minority stake in Tulip Telecom for an undisclosed amount.
- Government panel recommends merger of BSNL, MTNL and ITI
A govt panel has recommend that state-owned telcoms company BSNL merge with MTNL as well as communications gearmaker ITI
- SBI to finance Telecom cos opting for 3G spectrum
Public sector lender State Bank of India (SBI) said it has set aside Rs 20,000 crore for financing some of the Telecom companies that have ...
- TDSAT refuses to stay TRAI's orders on broadcasters' plea
TDSAT refused to entertain private broadcasters' plea to stay the sector regulator's direction asking them to provide channels on a pick-an...
- Number portability will increase margins: Mittal
Sunil Mittal says that his company is prepared for MNP on a national basis and that its implementation would not impact margins. Another 5....
- Now, Kamal Nath writes to PM over spectrum issue
The controversy over spectrum allocation to telecom firms has spread further with Commerce and Industry Minister Kamal Nath now writing to ...
- Stakeholders divided on FDI regime for mobile TV service
Operators having stakes in the upcoming mobile TV service are divided on how much FDI should be allowed in the sector, with telcos demandin...
- Russia's Sistema buys 10% stake in Shyam Telelink
Shyam Telelink, that provides services under the Rainbow & Citymobile brand names in Rajasthan, has applied for nationwide mobile licenses.
- Govt okays Rs 42-crore FDI in Usha Comm
A Rs 42.03 crore investment proposal by USA Communication Technology in Kolkata-based Usha Comm India is among 40 FDI cases worth Rs 76 cro...