TELECOM SECTOR

Government stated it does not interfere with telecom rates, which are determined by market forces. Tariff changes are monitored by Trai. India offers some of the lowest mobile service costs globally.

The government has notified new sections of the Telecommunications Act focusing on spectrum utilization and regulatory appointments. The Act aims to enhance efficiency through methods like sharing and trading of spectrum.

The telecom industry saw a 3.87% sequential growth in adjusted gross revenue in the last quarter of FY24, driven by Airtel and Reliance Jio. Vodafone Idea and BSNL faced declines in mobile services AGR. Private telecom operators raised headline rate...

Reliance Jio and Bharti Airtel are expected to show steady growth in the June quarter, driven by strong broadband user additions, while Vodafone Idea (Vi) is likely to experience a dip in revenue due to ongoing customer losses. Airtel is anticipated...

The government and the telecom regulator do not plan to intervene in telecom companies' decisions to raise prices, stating that tariffs in India remain among the lowest globally. Authorities, however, want the companies to enhance the quality of ser...

Mobile phone bills are set to increase as Reliance Jio Infocomm announced a 12-25% hike in tariffs starting July 3. This marks the first major rate increase by a telecom company since 2021. Bharti Airtel and Vodafone Idea are expected to follow suit...

While Airtel and Jio - which dominate the market - say they need to improve returns after paying high prices for 5G airwaves in 2022, Vi is looking to back up its recent ₹23,000 crore equity fundraising efforts as it strives to become more competiti...

Recent tariff hikes by telcos aim to boost ARPU, improve financial performance, and support tower installations for 5G rollouts. The industry seeks increased cash flows through regular tariff revisions to justify investments in new technologies like...

Bharti Airtel and Reliance Jio announced significant tariff hikes, impacting consumers. The industry is set to experience improved financial metrics and operating profits, allowing for deleveraging and funding capex. ICRA forecasts strong industry r...

Reliance Jio emphasizes 5G monetization and premium plans, focusing on ARPU growth. With new tariff plans boosting prices, the telco aims for strategic revenue enhancement. Balancing subscriber additions and network monetization, Jio navigates the e...

Private sector telecom operators Reliance Jio, Bharti Airtel, and Vodafone Idea are set to compete for 5G airwaves worth about ₹96,320 crore in India's latest spectrum auction. The sale, expected to conclude soon, may see muted bidding with lower pr...

The Telecommunications Act will establish Digital Bharat Nidhi for funding research and development instead of just supporting rural telecom services. It supersedes existing telecom rules under the Indian Telegraph Act, 1885, and the Wireless Telegr...

The Indian telecom industry's gross revenue surged 87% to Rs 2.39 lakh crore in FY24, driven by the launch of services by Reliance Jio. Jio and Bharti Airtel gained subscribers at the expense of Vodafone Idea. The two top telcos now control 78% of s...

Telecom sector revenue in FY24 reached Rs 2,39,900 crore ($29 billion), an 87% increase from its FY19 low following Reliance Jio's market entry and about 40% higher than FY16 figures, according to a CLSA report. This surge reflects the continuing su...

The telecom regulator has collaborated with financial sector regulators and top banks to discuss the efficient use and implementation of the newly allocated 160-series numbering series for transactional and service calls. This series aims to reduce ...

The telecom regulator is seeking input on defining inactive landline and mobile connections as part of a discussion paper for a revised national numbering plan. It also seeks industry suggestions on reusing numbering resources from inactive connecti...

This is the second time the spectrum sale has been pushed back. It was originally scheduled on May 20, and was initially deferred to June 6, in the wake of the general elections. Now, mock auctions will be conducted on June 13 and 14, the DoT said i...

The ratings firm added that the Indian telecom industry was at an inflection point in fiscal 2024 with their investments in 5G networks and spectrum renewal having peaked to almost $20 billion. Thereafter, telcos would keep their investments subdued...

The Airtel managing director said that the telecom industry urgently needs substantial tariff repair, ideally via multiple rounds of price hikes to boost average revenue per user (ARPU) to the Rs 300 level as the current returns are way too low.