New Delhi, If the Indian government does not allow Huawei to build a fifth-generation (5G) network in the country, then Indian telecom operators may have to spend more on 5G infrastructure, US Rating agency Fitch has said in a report. "We are of the opinion that Indian telcos may need to invest more on 5G capex --especially on the equipment if Huawei were banned to supply 5G equipment in India. Chinese vendors on telecom are generally cheaper and have better technology on 5G than their European peers", Fitch Ratings Director (Asia Pacific) Nitin Soni told IANS in an interview. The Chinese telecom equipment major got a huge endorsement in the world's hottest mobile market last week with Bharti Airtel promoter Sunil Mittal extending support to Huawei saying the company should be allowed to help build India's 5G networks. "My view is they should be in play, I really feel they should be in play," Mittal said on Thursday at the World Economic Forum's India summit. Bharti Airtel is the … [Read more...] about Why ban on Huawei may prove ‘tough’ for Airtel, Vodafone-Idea
Vodafone and idea
With telecom disruptor Reliance Jio not raising tariffs, incumbents Bharti Airtel and Vodafone Idea are focusing on the minimum monthly recharge and higher first recharge offers to ensure they retain only loyal and revenue-incremental subscribers, reports Romita Majumdar. Photograph: Amit Dave/Reuters Incumbent telecom services providers are turning gatekeepers to keep out low-revenue subscribers after they witnessed some growth in the average revenue per user (ARPU) through minimum monthly recharge plans. With telecom disruptor Reliance Jio not raising tariffs, incumbents Bharti Airtel and Vodafone Idea are focusing on the minimum monthly recharge and higher first recharge offers to ensure they retain only loyal and revenue-incremental subscribers. During the December quarter earnings call, Vodafone Idea's management said that instead of having multiple offers across 22 circles for new SIM cards, they had created a common acquisition plan at Rs 76.This means that the existing … [Read more...] about Telcos eye loyal customers to boost revenue gains
Gaurav GargTelecom has always been purely a consumer-driven sector where companies had to change their products according to consumer demand and competition build-up.TataDocomo and Reliance Jio are the best examples where competition pushed off big players’ direction and pushed them to make huge changes in the products they offer.Close Offering 1ps/sec to cheap high-speed data, these companies gave a new turn to the sector offerings where everyone had to follow to prevent churn from their existing customer base. related news Nifty could see fresh leg of rally beyond its new life time high zones in the coming week Easing global worries keeps pressure on gold prices Easing trade tensions and OPEC’s production cut may lift crude oil prices Easy porting procedures and other social media connectivity options made it even more difficult for these firms to retain their clients.After the launch of Reliance Jio in 2016, the biggies of the telecom sector lost not only … [Read more...] about Telecom tariff hike: Is it sustainable?
New Delhi Telecom operator Bharti Airtel, which has been hit hard by the Supreme Court ruling on statutory dues, on Thursday posted highest ever loss of Rs 23,045 crore during the second quarter ended September 30. The company has recorded net income of Rs 119 crore in the same quarter a year ago, although it said that amount are not comparable due to adoption of new accounting system. The consolidated revenue of Bharti Airtel was up by 4.7 per cent at Rs 21,199 crore in the just concluded quarter. The company said that the apex court ruling has "significant financial implication on the company" . "The Company is hopeful of relief and in the absence of the same, has provided for an additional amount aggregating Rs 28,450 crore as a charge for the quarter with respect to the license fee as estimated based on the court judgement and spectrum usage charges (SUC) as estimated based on the definition of AGR," the company said in a statement. The amount comprises principal of Rs 6,164 … [Read more...] about Bharti Airtel Posts Massive Loss of Rs 23,045 Crore in July-September Quarter