Telecom Sector

SFR and Bouygues expect network-sharing to save $405M by 2017-18

SFR and Bouygues expect network-sharing to save $405M by 2017-18French mobile phone operators Vivendi SA and Bouygues Telecom SA expect their recently announced network sharing agreement to save them 300 million euros ($405M) per year by 2017-2018.

SFR, which is scheduled to be separated from its parent firm Vivendi and smaller competitor Bouygues last week agreed to share part of their mobile phone networks. The deal will allow the two companies to cover more areas for less expenditure.

Govt. gets bids of Rs 42K crore on first day of 2G spectrum auction

2G spectrum auctionThe government received bids of around Rs 42,000 crore on the first day of 2G spectrum auctions on Monday, February 3. According to recently released official figures, telecom operators made bids of Rs 41,918 crore, much higher than the government's initial estimated figure of Rs 11,300 crore.

As the estimated collection exceeded the target on the very first day of the auction, it must have brought a great respite for the government, which has long been struggling to fund its fiscal deficit.

BT revenues rose 2% to £4.6bn

BTBritish telecom giant, BT has announced yesterday that its revenues rose 2 per cent to the level of £4.6bn for the third quarter of its financial year.

The company said that it had recorded revenue of £4.5 billion during the same quarter of the previous year. The rise of 2 per cent during the quarter is the first increase in income in four-and-a-half years as the company was able to add a significant number of customersto its pay TV service.

Mobile number portability up by 2.09 mn in November: TRAI

Mobile-number-portabilityNew Delhi, Jan 30 : Request for mobile number portability (MNP) in November 2013 went up by 2.09 million, official data released by the Telecom Regulatory Authority of India (TRAI) said Thursday.

MNP requests increased from 104.79 million subscribers at the end of October 2013 to 106.87 million at the end of November 2013, it said.

The number of telephone subscribers in India increased from 904.56 million at the end of October 2013 to 910.14 million at the end of November 2013 -- thereby showing a monthly growth of 0.62 percent.

Airtel reports first profit rise in four years, but lags analysts’ expectation

Airtel reports first profit rise in four years, but lags analysts’ expectationAfter suffering profit declines for fifteen quarters in a row, telecommunication services provider Bharti Airtel reported an increase of more than 100 per cent in net profit for the quarter ended December 31, 2013.

Airtel said its net profit more than doubled to Rs 610 crore in the October to December quarter. In the corresponding quarter of the previous year, the company had reported a profit of Rs 284 crore.

Successful auction means greater investment in the sector: Sibal

Successful auction means greater investment in the sector: SibalThere are no big losers and no big winners in a successful auction; rather a successful auction means greater investment in the sector, Telecom Minister Kapil Sibal said as he was explaining the rationale for the new spectrum usage rate.

The Empowered Group of Ministers (EGoM) has approved a spectrum usage charge (SUC) of 5 per cent for all the new airwaves to be auctioned early next month.

Vodafone shareholders approve Verizon Wireless deal

Vodafone Verizon WirelessThe shareholders of global telecom giant, Vodafone have voted to approve a £51 billion cash and shares deal to sell the company's American subsidiary Verizon Wireless.

Telecom stocks slip after EGoM approves higher SUC

EGoMThe Empowered Group of Ministers (EGoM) on Monday approved spectrum usage charge (SUC) of 5 per cent for airwaves to be auctioned next month, in a move that dragged telecom stocks down.

The EGoM yesterday decided that all existing telecom services providers would have to shell out the weighted average of their existing SUC, and 5 per cent if they buy new spectrum. However, the SUC for broadband wireless access (BWA) spectrum kept unchanged at 1 per cent.

Verizon reveals govt. made 320,000 user snoop-data requests in 2013

Verizon reveals govt. made 320,000 user snoop-data requests in 2013Washington, Jan 23 : Mobile carrier Verizon has reportedly said that it received 3,20,000 snoop-data requests about consumers by the US government as part of its mass surveillance programmes.

In its transparency report, the company stated that it received 1,64,000 subpoenas and nearly 71,000 legal orders.

According to Cnet, Verizon said that among the legal orders, 1,500 wiretap requests had also been made, apart from 37,000 warrants for information and about 50,000 'emergency requests'.

Telecom bodies to challenge CAG audit of private telecom operators in SC

CAGTelecom bodies are preparing to challenge the Delhi High Court's recent order that allowed the Comptroller & Auditor-General (CAG) to audit the accounts of private sector telecommunication services providers.

The Cellular Operators' Association of India (COAI) and the Association of Unified Service Providers (Auspi) have announced that they would file separate pleas in the Supreme Court seeking interim stay on the Delhi High Court's order.

Incumbent telecom operators slip after RIL’s surprise entry into spectrum battle

spectrum-battleShares of well-established telecom operators like Bharti Airtel, Idea Cellular and Reliance Communications Ltd came under pressure after cash-rich Reliance Industries Ltd (RIL) announced its decision to participate in the upcoming spectrum auction.

Investors have concerns that RIL's entry into the field could cut into incumbent players' profits in the future.

RIL's decision to participate in the upcoming 2G spectrum auction has raised the prospect of fierce bidding and intensifying competition in a market, where margins are already low.

Govt. to refund Rs 112.6bn to BSNL & MTNL

MTNL BSNLThe government on Thursday allowed state-run telecom firms Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) to get refunds of a total Rs 112.6 billion by returning their 4G radio spectrum.

By returning their 4G radio spectrum to the government, BSNL will receive Rs 67.24 billion, while MTNL will get Rs 45.34 billion, Information & Broadcasting Minister Manish Tewari told reporters.

Mr. Tewari added that the payment of the money would be staggered and done over a period of time.

Uninor gets new chief executive ahead of spectrum auction

Uninor gets new chief executive ahead of spectrum auctionTelecom operator Telenor on Wednesday appointed its strategy & regulatory affairs head Morten Karlsen Sorby as the new Chief Executive Officer (CEO) of its Indian unit Uninor.

The appointment of Sorby, who previously headed the company's Norwegian and Nordic mobile & fixed network operations, took effect immediately.  Sorby holds a Master of Science in Business Administration and also holds a degree from Switzerland's International Institute for Management Development.

Telenor appoints Morten Karlsen Sorby as Uninor chief

morten-karlsen-sorbyNew Delhi, Jan 8 : Norwegian telecom service provider Telenor Wednesday appointed its strategy and regulatory affairs head Morten Karlsen Sorby as the new Chief Executive Officer (CEO) of its Indian telecom arm Uninor with immediate effect, a company statement said here.

Morten Karlsen Sorby replaces Sigve Brekke who has served as interim chief executive officer of Uninor since early November 2013.

Telenor holds a 74 percent stake in Telewings Communications, which manages and operates Uninor.

Sprint announces ‘Framily Plan’

Sprint Framily PlanSprint on Tuesday announced a new plan called `Framily Plan,' which allows members of family, friends and neighbors to join up and enjoy savings on their monthly bills.

Members of the Framily Plan will not share a pool of data or receive a single bill, but their monthly bills will come down as more members join them. The first subscriber will pay $55 a month and receive unlimited talk and text along with 1GB of Internet data. The bill will tumble by $5 a month every time another person joins the plan.

TC to meet again to discuss issue of spectrum usage charge

Telecom CommissionThe Telecom Commission (TC) will meet again within a week to try to take a decision on the issue of spectrum usage charge (SUC) as it failed to take a decision on the same during its Tuesday's meeting.

It may be noted here that SUC is a percentage of the adjusted gross revenue (AGR) that telecom companies have to pay to the government.

After yesterday's meeting, TC chairman M F Farooqui said, "The issue needs more discussions. We are discussing a number of options and there could be more hybrids that we might consider. We will meet again in the next few days."

Vodafone wants govt. to club all tax claims together for early settlement

Vodafone wants govt. to club all tax claims together for early settlementBritish telecom services provider Vodafone Plc has reportedly suggested the Indian Government that all tax claims against its Indian arm be clubbed together for settlement.

Sources have revealed that Vodafone has suggested that a transfer pricing case against it should be clubbed with the Rs 11,200-crore capital gains tax dispute.

TRAI releases paper on reserve price for auction of 800 MHz Band spectrum

TRAINew Delhi, Jan 2 : The Telecom Regulatory Authority of India (TRAI) has released a consultation paper on reserve price for auction of 800 MHz Band spectrum.

On December 12, 2013, the Department of Telecommunications (DoT) had requested TRAI to furnish their recommendations on reserve price for 800 MHz band in all the service areas in terms of clause 11(1)(a) of the TRAI Act 1997 as amended.

In this context, TRAI issued the consultation paper raising specific issues for consideration of stakeholders.

Reliance Jio opposes GSM firms’ demand for uniform SUC

Reliance Jio opposes GSM firms’ demand for uniform SUCMukesh Ambani-led Reliance Jio Infocomm has opposed GSM companies' demand for flat spectrum usage charge, arguing any change in spectrum use charge (SUC) for BWA (broadband wireless) spectrum would be illegal.

Reliance Jio said in a statement, "Unilateral increase in SUC for BWA spectrum from 1 per cent to 3 per cent will be illegal. The government may take appropriate decisions on SUC for the forthcoming auctions but without altering the present regime."

US phone companies refuse to store data for NSA

US phone companies refuse to store data for NSAWashington, Dec. 29 : President Barack Obama's plan to curb the National Security Agency 's mass storage of phone data is already facing resistance.

Obama last week suggested that he was open to the idea of requiring phone companies to store the records and allowing the government to search them under strict guidelines.

According to CNET, major phone companies argue that being required to store metadata for an extended period of time for the NSA would be costly, time consuming, and risky.




Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Syndicate content