Finance

Heavy foreign investment in telecom sector; 25% of total FDI in India in Q1

September 15, 2019

Indian telecom sector received heavy inflow of foreign direct investment (FDI) in the first quarter of the current financial year. At Rs 29,352 crore, the FDI in telecommunications in just one quarter of FY20, surpassed the total FDI inflow into the sector in the entire previous financial year FY19, according to the data from Ministry […]

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Peak investment cycle for Indian telecom companies is over

September 15, 2019

The peak investment cycle for Indian telecom companies is over and the intensity will slow down, said analysts tracking the sector. Reliance Industries Chairman Mukesh Ambani had said during the company’s annual general meeting earlier this month that “the investment cycle for Jio is now complete”. He had said that only marginal investments in access […]

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Tata Communications drives profitability

September 15, 2019

Strong growth in Data business; revenue grew by +12.4% YoY on the back of robust performance across all segments, despite industry headwinds Growth services witnessed robust momentum; revenue grew by +29.2% YoY on the back of strong execution and large deal wins Traditional services saw an upsurge in revenue and profitability; revenue grew by +6.1% […]

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Telecom revenue to rebound with 7% growth this fiscal: Crisil

July 7, 2019

CRISIL believes the Indian telecom industry will reverse a two-year declining trend with a 7% revenue growth in fiscal 2020. The turnaround will ride on an increase in average revenue per user (ARPU) by 11%, though the overall subscriber base is expected to shrink by 4%. A protracted tariff war has pushed ARPU to a […]

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Indian telecom industry may contribute 8.2% to GDP by 2020 by leveraging 5G

July 7, 2019

The telecom industry’s contribution to GDP is estimated to reach 8.2% by 2020, by when industry players are slated to also leverage 5G technologies to connect with global markets and ring in a fully networked, knowledge and services economy, the Economic Survey 2018-19 said Thursday. The Modi government plans to make India 5G-ready by 2020, […]

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India expects Rs 50,519.8 crore from telecom sector, up 28% on year

July 7, 2019

The government expects a 28% increase in non-auction revenue at Rs 50,519.8 crore in the fiscal year 2019-20 from the telecom sector against Rs 39,245 crore earned in the previous fiscal year ended March 31, according to budget documents. The government earns revenue in the form of mainly licence fees and spectrum usage charges (SUC) […]

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5G Spectrum Prices in India: TRAI Said to Be Unlikely to Review Base Price

July 7, 2019

The Digitial Communications Commission (DCC) in its last meeting on June 13 decided to refer the spectrum proposals back to the regulator for a review and clarification on many aspects, including a relook at the base price. The Telecom Regulatory Authority of India (TRAI) may not go ahead with any reduction in 5G spectrum prices […]

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India expects USD 5. 8 bln revenue from telecom sector in 2019-20

February 3, 2019
India expects USD 5. 8 bln revenue from telecom sector in 2019-20

The government expects marginal growth in revenue from telecom sector at Rs 41,519.76 crore (USD 5. 8 bln ) in 2019-20, as per data published in the budget document. Union Budget 2019/Budget 2019: The government expects marginal growth in revenue from telecom sector at Rs 41,519.76 crore in 2019-20, as per data published in the […]

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Telecom dept’s budget allocation reduced as sector faces financial crunch

February 3, 2019
Telecom dept’s budget allocation reduced as sector faces financial crunch

The telecommunications department’s allocation in financial year 2019-20 has been revised downward to Rs 8740.11 crore, as mobile service providers are expected to contribute less in the form of spectrum usage charges and other levies that are calculated on the adjusted gross revenue of telecom firms. The charges also include funds raised via spectrum auction […]

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