Government relief only hope, else telecom sector headed for duopoly: Analysts
Industry experts are divided over the likely outcome of the sector heading towards a duopoly with two private telcos-Reliance Jio and Bharti Airtel plus one PSU- BSNL with a limited reach. While Vodafone Idea is reeling under the debt of Rs 53,000 crores as AGR payment, Airtel is better financially placed to pay its statutory dues of Rs 35,000.
EVI Technologies joins hands with BSNL for EV charging infrastructure
Under the agreement, EVIT will make the entire upfront investment on se...
BSNL has identified properties worth over Rs 20,000 crore for monetisation: CMD
In October last year, the government had approved a Rs 69,000...
BSNL in talks with CBSE for sale of land parcels; eyes Rs 300 cr from asset monetisation in FY20
State-owned Bharat Sanchar Nigam Ltd (BSNL) has initiated discussions with the Central Board of Secondary Education and others for sale of specific land parcels, as it sets the ball rolling on asset monetisation plans.
BSNL clears Rs 1,700 crore in dues to vendors; pays November salaries: CMD
In October this year, the government approved a Rs 69,000 crore revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and giving VRS to employees so that the combined entity turns profitable in two years.
BSNL expects to save Rs 600 cr monthly after 78,569 employees opt for VRS
The state-owned telco with a revenue to wage ratio of 75% had floated a scheme for voluntary retirement after the Cabinet’s approval in October this year to bring down its huge salary burden.
GoM constituted to expedite implementation of Rs 69,000 cr revival plan of BSNL, MTNL: Sources
A seven-member Group of Ministers has been constituted to fast-track & oversee implementation of the plan.
DoT to meet industry on January 6 on Budget-related issues; will 'support' cut in levies
A senior government official told that the Department of Telecom (DoT) will be "supportive" of the industry's demand for reduction in levies, both licence fee and Spectrum Usage Charges (SUC), and will formally communicate its Budget related suggestions to the finance ministry after holding a detailed consultation with the telecom players.
BSNL gets Rs 770 crore from BBNL to clear BharatNet vendor dues
BSNL had requested payment of Rs 1,033 crore from BBNL as an advance to clear the pending liabilities of UP East and MP Circles of Rs 716 crore along with telecom factory liabilities of Rs 40 crore earlier this month.
Trai suggests 90-day limit for test phase with trial wireline subscribers
In the draft recommendations unveiled on Tuesday, Trai said that a telecom service provider (TSP) should be allowed to take on board test subscribers in the trial phase to carry out the network testing before commercial launch of services.
Turmoil in the banking landscape: Year of reckoning for PSU Banks
As the next generation comes in with different attitude, are public sector banks equipped to serve them?
Airtel, Vodafone-Idea stalled user falls in Oct, Jio add 9.1 mn: TRAI
In overall mobile users, Bharti Airtel and Vodafone Idea added 0.1 million and 0.2 million respectively.
BSNL eyes Rs 1,300 crore savings this fiscal after VRS becomes effective: CMD
BSNL said that it expects to save Rs 1,300 crore in wage bills this fiscal after the VRS becomes effective in Jan.
BSNL asks DoT to waive AGR dues of Rs 4,990 crore
BSNL has to pay a licence fee of Rs 2,099 crore and spectrum usage charge (SUC) of Rs 2,890 crore to the DoT, following the Supreme Court verdict in October asking mobile service providers as well as other entities having a telecom licence to pay dues on account of AGR calculated on overall business.
Telcos file 5G trial applications
Both Vodafone Idea and Airtel have submitted their applications with Ericsson, Nokia, Huawei and ZTE, while Reliance Jio has submitted an application for trial with Korea’s Samsung, which is also the sole gear vendor for its pan-India 4G network. State-run telco BSNL, on the other hand, has submitted the application with ZTE only for trials.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service