Government stake in Vi to be ‘credit positive’ for investors: Analysts

Mumbai | New Delhi: The government‘s potential stake in cash strapped (Vi) is credit positive from an investor‘s point of view, indicating that the telco would be in a better position to raise funds, brightening the prospects for its long-term survival, global funds and analysts said. “This is a credit positive from an investor’ point … Read more

Govt expects 60% jump in revenues from telecom sector in FY22

The government expects around a 60% on year jump in revenue from the telecom sector at Rs 53,986.7 crore in FY22 against a modest Rs 33,737 crore earned in the current fiscal year to March 31, according to budget documents. Industry experts said the Centre’s higher revenue estimates from the telecom industry appear to be … Read more

Telecom regulator TRAI cannot treat over-the-top apps as telcos: Broadband body

NEW DELHI: India’s telecom regulator must not treat over-the-top apps such as Facebook, WhatsApp, Viber, and Google as substitutes of telecom carriers, and the former cannot be regulated under the India Telegraph Act (ITA), according to an independent industry body. “The argument that OTT services should be regulated under the same licensing regime that applies … Read more

2G still relevant; tech self-reliance is crucial: TRAI chairman RS Sharma

Telecom Regulatory Authority of India (Trai) chairman RS Sharma has backed India’s older operators Bharti Airtel and Vodafone Idea, saying 2G technology is still popular, especially in the farflung and rural areas of the country. Speaking to Muntazir Abbas, Sharma said the government should promote local manufacturing of telecom equipment, especially due to strategic interest. … Read more