The company’s “4.3% on-quarter overall revenue decline will take away the illusion of stability and hopes of a quick revival,” said Kotak Institutional Equities.
The company’s “4.3% on-quarter overall revenue decline will take away the illusion of stability and hopes of a quick revival,” said Kotak Institutional Equities.
Sanjay Shamrao Dhotre told ET the two telcos offer competitively priced services.
Move follows rapid fall in demand after US imposed trading curbs on parent Huawei.
As per analysts, Jio’s parent RIL said it is making good progress to monetise Jio Digital Fibre under a similar deal structure, although it did not identify potential investors.
The telecom watchdog is pitching to become the nodal authority for data security, privacy and cybercrime because all the relevant information passes through mobile phone networks.
Money was paid by Reliance Communications to Ericsson under Supreme Court order.
Adoption of Ind-AS 116 standard for tower assets lifts Ebitda; lower access and staff costs also help.
Proceeds from India's biggest such deal to be used to repay financial liabilities.
Once finalised, the initiative could be a game changer for the two rival telcos as well as the consumer conglomerate.
Employees at loss-making telco get average 9% raise, bonus of 97% across levels.
“The memorandum of understanding (MoU) will create robust infrastructure," he said.
The administrative cost for the allocation of 4G radio waves to BSNL is pegged at Rs 14,000 crore, and Rs 6,000 crore for MTNL.
The repayments will help the telecom market leader reduce its net finance costs and free up capital for expanding its 4G network to combat Reliance Jio and Bharti Airtel, analysts said.
DoT clears interoperability to help users access internet in all public hotspots; wants industry to set up 1 m Wi-Fi hotspots by Dec 2019.
Telcos say high cost of using Aadhaar database will force operators to transfer the expenses to the customer.
Axis Capital estimates "Jio’s ARPU will decline 2% sequentially to Rs 124 due to a mix change," driven by additions of users generating monthly ARPU of Rs 99.
Indian OFC manufacturers, however, expect finance minister Nirmala Sitharaman’s proposal to encourage telecom companies to source the fibre locally, thereby giving a boost to its domestic production.
Both Airtel and Voda Idea have been forced into losses for their India businesses, due to the intense price competition.
The DoT said spectrum is owned by the government and it is only leased to operators for 20 years — resolution professionals can’t sell it.
DoT had filed claims worth some Rs 10,000 crore, of which only Rs 2,000 crore was approved by Deloitte, the resolution professional for Aircel.
