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TELECOM WOES
Vodafone Idea shares jump 8% to 4-month high. What’s driving the rally amid stock market crash?Vodafone Idea shares surged over 8% to a four-month high after reports suggested parent Vodafone Group may transfer part of its stake to th...- India seeks Mythos access; Eternal's strong Q4Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in toda...
- Sensex falls for 4th day on telecom woes, coronavirus fearsThe bears were in charge with losers outpacing gainers in the ratio of nearly 2:1 on BSE.
- Jio boxed into corner; CII, FICCI join cause to seek relief for telcosIn an apparent attempt to counter billionaire Mukesh Ambani-run Jio's narrative on the issue, rival industry associations CII and FICCI hav...
- Icra downgrades Bharti Airtel’s long-term rating to “AA-“ from “AA”The agency said the ratings continue to remain under watch with negative implications.
- Banks brace for DHFL, telecom woesWith some respite after the curtains were drawn on the Essar Steel case, banks are still not breathing easy. Troubled Airtel and Vodafone-I...
- Bharti Airtel to increase tariffs from December, 2019On November 15, Airtel said its net loss was on account of exceptional charge pertaining to the provisioning of Rs 28,450 crore towards the...
- DoT briefs government panel on telecom woes, AGR crisisThe panel was formed to suggest steps to provide relief in a time-bound manner to the carriers which are facing a Rs 1.3-lakh-crore-plus pa...
- Group of Ministers discuss revival of BSNL, MTNLBSNL and MTNL have also approached the government for granting voluntary retirement scheme package to their employees.
- Telecom woes: BSNL expects normalcy in liquidity position by September quarterBSNL Director - Finance, S K Gupta has shot off a letter to all Chief General Managers of telecom circles, flagging the "fiercest ever comp...
- Mukesh Ambani may reap rewards from brother's telecom woesMukesh Ambani’s decision to end a deal with his brother may be an astute business move.
- IMG on telecom stress likely to meet on FridayThe IMG is also considering a proposal to shift from PLR to MCLR for interest and penalty payments, pertaining to licence fee and spectrum ...
- IMG on telecom likely to meet on Aug 11The IMG is considering giving telecom companies more time to pay for the spectrum they bought, as the sector is reeling under Rs 4.6 lakh c...
- Telecom woes: IMG to submit policy recommendations in JulyThe IMG was set up on May 16 to examine issues that are affecting viability and repayment capacity of telecom companies.
- Airtel, Vodafone and Idea reject Jio's charge, say Mukesh Ambani's company misrepresented realityJio had claimed that the financial stress in top three telcos' businesses was due to their dependence on debt, and blamed high government f...
- Tower companies plead to be part of government panel discussions on telecom woesThe association counts companies like American Tower Corp, Bharti Infratel, Indus Towers, GTL Infrastructure and Reliance Infratel among me...
- Telcos not investing in technology reason behind financial stress: Reliance JioReliance Jio, which met the Interministerial Group (IMG) today, said operators need to raise funds by selling stake or invest in new techno...
- DoT entitled to levy fine on SSTL: Additional solicitor generalASG has said that SSTL was not entitled to continue rendering telecom services after February 15, as all of its 21 permits stood expired.
- DTH faces telecom pricing woesThough India is set to overtake the US to become the world’s biggest DTH market, predatory pricing is eroding profitability. And the compet...
- Tech Mahindra show slips on telecom, pound woesTech Mahindra's first-quarter performance fell short of expectations as business from telecom sector clients wasn't robust enough.
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