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Telecom debt News
No cut in telecom levies, stressed sector remains orphan: COAI
Thu, Feb 01, 2018
Telecom operators body COAI today expressed anguish at the Union Budget not addressing the industry's key demands, such as cut in levies and taxes, and said the sector which is in deep financial stress "continues to remain an orphan".
Telcos under stress due to debt pile, tariff war: Economic Survey
Mon, Jan 29, 2018
The Economic Survey 2017-18 today said the telecom sector is going through stress due to a huge debt pile, tariff war and irrational spectrum costs and called for policy measures to minimise over-bidding of assets during auctions.
TRAI mulls over rate cut on MNP requests; here’s what you need to know
Tue, Dec 19, 2017
Changing your mobile network whilst keeping the same number may become cheaper if TRAI has its way. Here's what you need to know.
Telecom sector may cut debt up to Rs 90,000 crore with sale of tower assets: ICRA
Mon, Dec 11, 2017
Debt to the tune of Rs 80,000-90,000 crores can be pruned from the telecom industry if the stake sale transactions of tower assets currently under discussions materialise.
Airtel, Idea, RCom report fourth quarterly declines in Q2FY18 as Jio launches new offers
Mon, Nov 13, 2017
Indian telecom operators had a rather depressing second quarter as disruptor, Reliance Jio continued to rollout new schemes and revised tariff plans.
TRAI dangles 5G spectrum auction bait but Indian telcos far from ready
Thu, Aug 31, 2017
At a time when the telecom industry is lobbying to lower interest on spectrum payments and opposing lowering of interconnection usage charges talks of another spectrum auction surface. But the industry is not ready.
This one chart shows how Reliance Jio brought telecom companies down to their knees
Fri, Jul 07, 2017
Reliance Jio free services caused revenue from sales growth to fall 15.6% on a year-on-year basis. Post its launch in September the sales growth for the industry declined by 10.2% in the quarter ending March 2017.
Telecom sector debt levels to reach Rs 4.8 lakh crore in FY18
Mon, Jul 03, 2017
The telecom sector debt crisis is expected to widen in FY18 on the back of negative cash flows and weaker earnings.
Department of Telecom asks Centre to cut its revenue target from the sector
Mon, Jun 19, 2017
Department of Telecom has asked for a revise in non-tax revenue targets for the current fiscal.
Reliance Jio freebies cost telecom sector Rs 8240 crore in incremental revenue?
Tue, Jun 13, 2017
Reliance Jio dented the telecom industry revenues with its free offers that began in September last year. The debt laden industry has experienced a drop in adjusted gross revenue, ARPU and higher outgoings on interconnection charges, analysts say.
Top five sectors with most exposure to banks NPAs; What can be done?
Tue, Jun 13, 2017
Sectors like steel, textile, power, telecom and infrastructure accounts for most of banks stressed assets. About 60% of banking systems stress belongs to these sector.
Telcos not investing in tech causing financial stress: Reliance Jio
Mon, Jun 12, 2017
Mukesh Ambani-owned Reliance Jio today said telcos not investing in new technology and instead leveraging their balance sheet are themselves to blame for financial difficulties.
Delay in plans to offset debt led telecom industry to crisis
Mon, Jun 12, 2017
The telecom sector is currently Rs 3.60 lakh crore in debt is facing a lot of turmoil including degrading of companies by ratings agencies. Analysts speak about the causes and how Reliance Jio added to their problems.