Finance

Telecom Woes Do Not Pose Systemic Risk to Indian Banks

June 11, 2017
Telecom Woes Do Not Pose Systemic Risk to Indian Banks

Indian banks’ exposure to troubled telecom companies is not large enough to pose a systemic threat, but defaults could add to problems at banks with weak balance sheets, says Fitch Ratings. The banking sector is already struggling with significant asset quality issues and is likely to require hefty capital injections from the government over the […]

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Telecom Industry to Consolidate amid Hypercompetition in FY18

June 11, 2017
Telecom Industry to Consolidate amid Hypercompetition in FY18

India Ratings and Research (Ind-Ra) has revised its outlook on the telecommunications services sector for FY18 to negative from stable-to-negative. The negative outlook reflects Ind-Ra’s expectation of longer and deeper than expected deterioration in the credit profile of telcos following the extended free services by Reliance Jio Infocomm (RJio – ‘IND AAA’/Stable). A redistribution of […]

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Jio effect? Telecom industry is at its weakest

June 11, 2017
Jio effect? Telecom industry is at its weakest

The Indian Telecom sector has been under pressure for the last 8 years because of rising competitive and capex intensity. During this period the contribution of telecom services to GDP has declined from 2% of GDP in FY09 to just 1.2% in FY17.

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Telecom industry’s debt at unsustainable level: SBI

June 11, 2017
Telecom industry’s debt at unsustainable level: SBI

The country’s largest bank SBI has sounded alarm bells over troubles of the telecom industry with its chairperson Arundhati Bhattacharya writing to the government regarding “highly unsustainable levels” of debt of mobile companies. Telecom industry’s debt to the banking sector is estimated at Rs 4 lakh crore.

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Internet of Things is Blowing up Everything?

September 26, 2016
Internet of Things is Blowing up Everything?

“Let’s Redefine the Internet of Things: IoT Means Internet of Profits!” That’s the catchy name for the debate panel chaired by Tam Dell’Oro, Founder and President of the Dell’Oro Group. Her panel was Milind Pansare of Aerohive; Tom Ramar of H3 Dynamics; and Will Wise of the IoT Institute. Tradition service-provider and carrier businesses are […]

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Unicorn Vs The Giants

September 26, 2016
Unicorn Vs The Giants

Unicorns are software companies worth >$1bn. Grant Halloran, Chief Marketing Officer, Anaplan says his company competes against SAP, Oracle and Microsoft. “We are a cloud-based software company providing enterprise-level planning and forecasting. We help customers predict events, simulate decisions in response, then act. We can connect all that on a single platform and make it […]

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Gross Revenue of Indian Telecom Operators to Reach $46-49 Billion by 2020

September 17, 2016
Gross Revenue of Indian Telecom Operators to Reach $46-49 Billion by 2020

With increasing contribution from data, the overall revenue of Indian telecom operators is expected to reach $46-49 billion by 2020, Swedish equipment maker Ericsson said. “The industry’s overall gross revenues are expected to increase from $28 billion in 2013 to $46-49 billion in 2020,” Ericsson said in its white paper, ‘India 2020: Bringing the Networked […]

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Telecom operators to invest Rs 20,000 crore to counter call drop menace

July 31, 2016
Telecom operators to invest Rs 20,000 crore to counter call drop menace

Telecom operators have installed 48,000 towers in the last 45 days, out of 60,000 towers they promised to install in 100 days at a meeting held in June. Telecom operators on Monday assured the government that they would install 1 lakh new towers in the next 12 months, entailing an investment of Rs 20,000 crore, […]

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GIV Mobile and Tweakker Boost Charity Incomes

December 1, 2015
GIV Mobile and Tweakker Boost Charity Incomes

Spirent Communications’ device intelligence business unit Tweakker announced today that it has won a customer care contract from American mobile virtual network operator (MVNO) GIV Mobile. The contract enables the MVNO to embed Tweakker’s smartphone Device Guides on its website which seamlessly connect to Tweakker’s cloud. As a result, care agents can now solve any […]

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