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Srikapardhi June 30th, 2017 9:33 PM 0 COMMENTS

Bharti Infratel Says Vodafone-Idea Merger Will Lead Rationalisation in Tenancies, to Pursue Smart City Projects

Telecom tower firm Bharti Infratel stated that few strong participants are good for the tower industry in the long run and ongoing consolidation, especially Vodafone-Idea Cellular merger if completed, will inevitably lead to short-term and one-time rationalisation in tenancies. "However, we believe that the consolidation leading to few but strong and willing participants are good for the tower industry in medium to long term, the vis-à-vis large number of small... Read More

Srikapardhi June 25th, 2017 6:19 AM 110 COMMENTS

Airtel Chairman Sunil Mittal to Govt: Cut-Throat Tariffs Will Force Companies to Exit Sector

Bharti Airtel chairman Sunil Mittal has reportedly told the telecom minister Manoj Sinha that current cut-throat tariffs and ongoing competition will force more telecom operators to exit the sector. According to a report in the Economic Times, Mittal during a meeting with Sinha said that only one or two non-state phone companies would stay in business "if current levels of competition persisted with tariffs pegged well below cost." Mittal, who... Read More

Srikapardhi June 22nd, 2017 8:04 PM 4 COMMENTS

Govt to Take Corrective Steps for Ensuring Orderly Growth in Telecom Sector: Manoj Sinha

India's telecom minister Manoj Sinha on Thursday said that the government would take corrective steps for ensuring orderly growth in the sector in terms of services to the common man including in rural areas. Sinha's comments come after his meeting with leading telecom operators, including Bharti Airtel, Idea Cellular, Reliance Jio, Reliance Communications and Telenor on the financial stress in the sector. Sinha's meeting follows last week's meetings between the... Read More

Rudradeep Biswas June 21st, 2017 6:02 PM 9 COMMENTS

Indian Telecom Industry Revenue Falls 11.7 Percent, Courtesy Jio Free Services

The Indian telecom industry's revenues dropped 11.7 percent year-on-year, and 8.5 percent sequentially due to free services by the Mukesh Ambani-led telco Reliance Jio, Jefferies said in a note. "Jio effect was also evident in decline being maximum in metro and A circles where Reliance Jio has a higher penetration, and where the smartphone ecosystem is better developed," it added. Reliance Jio Infocomm has added 3.9 million new subscribers in... Read More

Srikapardhi June 13th, 2017 9:43 PM 145 COMMENTS

Reliance Jio Adds 3.9 Million New Users in April 2017, Pips Incumbents

Mukesh Ambani-led 4G telecom operator Reliance Jio Infocomm has added 3.9 million new subscribers in the month of April, taking its overall base to 112.6 million. The telco pipped incumbent telcos Bharti Airtel, Vodafone and Idea Cellular in terms of user additions in the month, according to latest data released by the Telecom Regulatory Authority of India (Trai). However, Jio's user acquisition speed has slowed down from 5.83 million users... Read More

Srikapardhi May 25th, 2017 12:54 PM 13 COMMENTS

GST to Pose Technical, Accounting Challenges for Indian Telcos

The implementation of the goods & services tax (GST) regime is most likely to pose accounting and technology related challenges for Indian telecom operators in 12 telecom circles. The government has set the GST rate of 18% on telecom services, which will be levied in 29 states and seven union territories (UTs). However, the telecom operations of these telcos are divided into 22 circles. Currently, 15% service tax applies to... Read More

Srikapardhi May 13th, 2017 12:47 PM 10 COMMENTS

Tough Times Ahead for Bharti Airtel in India; Analysts Anticipate Higher-Than-Expected Decline in APRU

Bharti Airtel, India’s leading telecom operator’s average revenue per user or ARPU is anticipated to see a higher-than-expected decline in the next 9 to 12 months, according to industry analysis reports. They said that Reliance Jio is expected to continue with its disruptive pricing of services, which may lead to fall in Airtel’s ARPU in the country. An ET report said that brokerage and analysts had cut Airtel’s consolidated revenue... Read More

Rudradeep Biswas May 12th, 2017 7:44 AM 3 COMMENTS

Airtel Eyes Majority Share of New 4G Smartphones, Earmarks $2.5 Bn Capex for India

Bharti Airtel said that it will focus on acquiring a majority share of 4G smartphones entering the Indian market as it strives to counter Mukesh Ambani-led Reliance Jio and strengthen its market presence. The telecom operator’s managing director (India & South Asia), Gopal Vittal during the analyst call after quarterly results said that the Indian market has shifted to 4G technology. He added that 80-90% of smartphones being shipped into... Read More

Srikapardhi May 12th, 2017 6:29 AM 4 COMMENTS

Airtel, Vodafone, and Idea to Face CCI Probe Following Jio’s Complaint

Bharti Airtel, Vodafone India, and Idea Cellular will face a probe by the investigation arm of the Competition Commission of India (CCI) for allegedly trying to block the entry of Mukesh Ambani-led Reliance Jio, following a complaint filed against these incumbents and their GSM body Cellular Operators Association of India (COAI). According to a PTI report, the CCI would also examine the overall conduct of the COAI. The report said... Read More

Srikapardhi May 11th, 2017 10:42 PM 15 COMMENTS

Bharti Airtel Reportedly Seeks Deferred Spectrum Payment, Lower Taxes

Bharti Airtel, India's leading telecom operator, has reportedly sought relief from the government in terms of lower taxes and deferred payment for spectrum purchase, following plunging profits and lower realisations from both voice and data operations due to intense competition triggered by Reliance Jio's entry with disruptive pricing. Bharti Airtel reported 72% decline in profit for the fourth quarter of 2016-17. The telco's India and South Asia CEO Gopal Vittal... Read More

Srikapardhi May 8th, 2017 1:23 PM 0 COMMENTS

Bharti Airtel and Ola’s Partnership Adds Airtel Payments Bank as One of the Payment Option for OLA Riders

Bharti Airtel, the country’s largest telecom operator, has announced a strategic partnership with Ola, the transportation service to offer a wide-range of digital services to customers. Both Airtel and Ola’s applications will now provide a comprehensive ecosystem to address the country’s growing mobility needs. “Ola will leverage Airtel’s integrated suite of enterprise services to power its operations, while Airtel will leverage Ola’s vast network of hundreds and thousands of driver... Read More

Srikapardhi May 7th, 2017 2:31 PM 27 COMMENTS

Bharti Airtel to Hire More Software Engineers to Push Product Innovation?

Bharti Airtel said that 55% of its IT or engineering arm are software engineers, and the company looks to increase this percentage further as it focuses on developing more customer-centric products that will ride on its data network in the country. India’s leading telecom operator’s global chief information officer Harmeen Mehta told ET, “Every year this percentage is growing. It's a very young team with no hierarchy and rules…It gives... Read More