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Voda Idea to raise mobile call, data charges from Dec 3 by up to 42%
The company has announced new plans for prepaid product and services with 2 days, 28 days, 84 days, 365 days validity. A rough calculation showed that the new plans are costlier up to 42 per cent compared to earlier plans.
AGR hit: RCom posts India’s second biggest loss at Rs 30,142 crore
RCom's liability includes Rs 23,327 cr licence fee and Rs 4,987 cr spectru...
Higher tariffs may bring Jio a re-rating, RIL valuation boost
An increase in rates likely to boost average revenue per user, improving the pa...
Notices to telcos likely this month: AGR dues may rise 10%, delay spectrum sale
DoT updating figures to reflect tweaks to AGR definition after Supreme Court order.
Deferred spectrum payments won’t solve debt issues of telcos: Analysts
The move, which will give over Rs 42,000 crore of relief to the telcos, may not be enough to address the debt concerns of the troubled telcos and ‘much more was needed’ from the government, primarily on adjusted gross revenue (AGR), which may boost stock prices if interest and penalties were waived, according to analysts.
COAI welcomes 2-year spectrum moratorium but says financial stress continues
The industry body has been regularly highlighting the perils of the sector under a debt of Rs 7 lakh crore and had asked for relief from the taxes levied upon the operators. The Cabinet's decision will give immediate relief of over Rs42,000 crore to India’s three mobile phone companies.
Trai mandates minimum call ringer duration of 30 seconds
The ring duration issue is at the heart of interconnect usage charges spat between older carriers and Jio.
Telecom consumer body seeks removal of IUC on mobile calls
Trai had proposed to move from the current IUC regime to the BAK (bill and keep) regime where no operator will charge for mobile call transmission, from January 1, 2020. However, the regulator recently floated a consultation paper on whether there is a need to defer the date of removing mobile call termination charge.
Delay in implementation of zero call connect charges to hurt service affordability: Jio
Reliance Jio Director Mahendra Nahata said that the ratio of incoming and outgoing call is now at par with each other and traffic asymmetry can, therefore, no longer be the reason to delay implementation of Bill and Keep (BAK) regime. Nahata alleged that the subscriber traffic is being diverted to 2G, 3G network to show cost of voice is high.
TRAI hopes to finalise views on call connect charges by November-end: Official
A senior TRAI official, who did not wish to be named, said the regulator is hopeful of firming up its views by November-end but did not divulge further details. The official was speaking on the sidelines of ASEAN-TRAI program on capacity building and sharing of best practices in policy regulation and development.
Vodafone Idea will shut shop if there is no government relief: KM Birla
Birla said the company will have to opt for insolvency route in the absence of relief from govt.
Mukesh Ambani advises fellow telecom billionaires how to raise money
Airtel can easily raise Rs 40,000 crore by selling assets, while Voda Idea has no dearth of funds, he said.
Relief to telecom sector: Cabinet gives nod to a two-year moratorium on spectrum payments
The deferred amounts to be paid by telcos will be without increase in the time period, the FM said.
Tariff revision: Experts expect Reliance Jio to gain most from hikes
The Mukesh Ambani-owned telco on Wednesday unveiled revised tariffs, which were as much as 40% costlier. The analysts expect that it would push up its earnings before interest, tax, depreciation and amortisation (EBITDA) by 33% or $1.5 billion for FY21, propelled by a 28-29% increase in the average revenue per user (ARPU) to Rs 157.
Jio and Airtel-Voda Idea spar at Trai IUC meet
Jio argued that there were no grounds to delay implementation of the zero-IUC regime since traffic symmetry between operators had been achieved. But, Airtel and Vodafone Idea countered that IUC should not come down to zero, from 6 paise at present, and should be postponed by at least three years.
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