Vodafone Idea can raise funds through equity sale or promoters can infuse capital which can be used for clearing dues, non-profit entity Telecom Watchdog said in a letter to telecom minister while demanding rejection of the debt-ridden company’s request seeking more time to pay dues of Rs 8,292 crore. Vodafone Idea (Vi) has approached … Read more
The Department of Telecom on Tuesday approved applications of telecom companies — Reliance Jio, Bharti Airtel, Vodafone and MTNL — for conducting 5G trials but none of them will be using technologies of Chinese entities. The list of telecom gear makers approved for trials include Ericsson, Nokia, Samsung, C-DOT and Reliance Jio’s indigenously developed technologies. … Read more
The government is likely to amend the telecom licence norms this month to incorporate the guidelines of national security directive on telecommunication sector that will help in controlling installation of network equipment from China and other non-friendly countries. Under the provisions of this directive, the government will declare a list of trusted sources and trusted … Read more
Exhibiting its 5G prowess, Bharti Airtel on Thursday announced that it had successfully conducted a live demonstration of 5G service over a commercial network in Hyderabad city. The company said the full impact of the 5G experience would be available to Airtel customers when adequate spectrum is available and government approvals received. Gopal Vittal, managing … Read more
The Union Cabinet has approved the next round of spectrum auction, information and broadcasting minister Prakash Javadekar said on Wednesday. The minister said that the cabinet has approved relief for sugarcane farmers, improvement in electricity infrastructure in North Eastern states and the auction of spectrum. The Digital Communications Commission, the apex decision making body of … Read more
Telecom consumer base in the country dipped to around 116.36 crore in May but service providers were able to narrow the loss of subscriber base to 57.6 lakh as compared to the previous month, according to data released by the sector regulator Trai on Wednesday. The telecom subscriber base had declined 85.3 lakh in April, … Read more
Supreme Court has dealt a significant blow to the telecom sector’s hopes. Vodafone Idea is the most impacted one. Why should it survive?
Access to new funding will mean the Indian telecom supremacy game will continue in foreseeable future though long term leadership, sustainability and profitability remains to be seen