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
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
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
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