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TELECOM FINANCIAL BURDEN
India’s FDI equity inflows rise 6% to $19.8 billion in Q1FY27; Japan tops, US plunges 76%India’s FDI equity inflows rose 6% to $19.81 billion in April-June FY27, led by Japan at $5.7 billion, while US inflows fell 76% to $1.34 b...
FinMin allays fears of increase in cash transactions post UPI MDR levy: SourcesThe Finance Ministry anticipates no rise in cash transactions following the UPI MDR implementation. Only a small percentage of total UPI vo...
UPI MDR may attract 18% GST; eligible merchants can claim input tax creditEffective October 15, UPI payments to merchants (P2M) above Rs 2,000 will attract a 0.4% merchant discount rate with an overall cap of Rs 3...
BSNL ordered to pay Rs 15,000 compensation for misleading recharge offer: Man says Rs 449 plan promised 84,000 seconds but call balance was deducted by minutesBSNL has been ordered to pay Rs 15,000 in compensation after a Kerala consumer commission found it misled a customer with a recharge leafle...
India's Second Leapfrog: From sick-care to AI-native health infrastructureJust as India bypassed copper landlines to become a global mobile data leader, it can now bypass the West's CPT-coded sick-care bureaucracy...
This sector is set to dominate Q1 earnings for all the wrong reasonsOil marketing companies are set to dominate Q1 earnings but for the wrong reasons, with HPCL, BPCL and IOCL expected to post massive losses...
Budget 2026 Wishlist: Telcos' body COAI seeks cut in regulatory leviesTelecom industry body COAI has urged the government to reduce regulatory levies, including the license fee to 0.5-1% from 3%, in the upcomi...
Trai likely to cut backhaul spectrum fee by 50% to ease telcos' cost burdenTelecom cos are on the brink of a major financial relief, with potential cuts of up to 50% on backhaul spectrum fees on the horizon. The Te...
Union Budget: Telcos bat for cut in levies, want LTGs to contribute to Digital Bharat Nidhi FundThe telecom industry seeks abolition of levies and extending the carry forward of business losses to 16 years. It also suggests large traff...
Spectrum reforms, future allocation norms will ease financial burden on telcos: COAICOAI has said spectrum reforms notified by the government are 'welcome steps' that would ease the financial burden on operators & will go a...
KPMG says 5G will add to GDP, highlights need to ease financial burden in telecom sectorThe report launched at India Mobile Congress (IMC) comes at a time when the telecom sector is awaiting the roll out of the latest airwave v...
Telecom minister Ravi Shankar Prasad promises dialogue with industry on outstanding issues, challengesThe comments assume significance as the mobile industry despite witnessing an explosive growth in voice and data usage has been battling fi...
GST rules for cell towers a 'regressive' step: TAIPAMobile tower companies, in their 15th submission to the government on GST, said the move will either lead to increase in cost of mobile ser...
Telcos on verge of defaults due to competition: BanksLenders tell government payment schedules have to be reworked.
Government may stick to 3.5% fiscal deficit target for FY17: ReportMoreover, the Centre is likely to adhere to its fiscal consolidation plan by restricting deficit around 3 per cent of GDP in FY2017-18, the...
Telecom companies seek rollback of plan to levy service tax on spectrum allocationA group of telecom companies has termed the Union Budget proposal to levy service tax on spectrum allocation “punitive and unfair.
Telcos seek service tax levy roll back, say proposal may lead to rate hikesThe Finance Bill 2016 has proposed that assignment of spectrum and subsequent transfer thereof to be declared as a services under Section 6...
Expect new government to reduce financial burden on telecom: Vodafone India CEO Marten PietersVodafone India is seeking fresh capital investments from its British parent to lower the outstanding loans on its books.
Why blame telcos for the huge debt imposed on them by bad policy?Pray, why do the telcos have a huge debt burden? Because they bid too aggressively for 3G spectrum, says Rahul Khullar.
- TRAI stands by 6-fold jump in 2G spectrum prices
In a development that could put burden on mobile service providers, Trai stood by its recommendation of over six-fold jump in 2G prices.