Russian newswires have quoted SSTL’s parent, Sistema JSFC reportedly voicing apprehensions that “the procedure of hearing in SC is being stalled for an uncertain period of time."
Market leader Airtel and No 3 carrier, Idea have reported 2.5% and 8.1% sequential decline in their respective data realisations in the April-June quarter.
SSTL’s comments come amid news of the FIPB rejecting its application to increase foreign holding beyond 74 per cent for a second time.
Biggest spectrum sale coming soon, rational bidding expected from Bharti Airtel, Vodafone, Idea Cellular
While Bharti Airtel likely to spend $700 mn to $1 bn for plugging 3G/4G spectrum gaps, Vodafone India and Idea Cellular are likely to bid a maximum $2 bn and $1.3 bn, respectively.
According to Mathews, Trai’s recent decisions and policy consultations appear to be distorting the level-playing field within the sector and are regressive in nature.
TRAI last week sought feedback on reviewing two aspects: interconnection usage charges and network-related quality of service standards for services.
They will also seek tweaks in the GST levy valuation mechanism and an overhaul of rules linked to availing of input tax credits.
Since tower companies, typically, are huge consumers of diesel, continuation of central excise duties and state sales tax levies would have a cascading tax impact, jacking up their overall business costs.
Since tower companies, typically, are huge consumers of diesel, continuation of central excise and state sales tax levies would have a cascading impact.
The USSD channel, which is a critical piece of a mobile carrier’s infrastructure, is a simple interactive text messaging system.
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