Telecom Industry
Vodafone Idea CEO Confident in Government Support Amid Financial Challenges
Vodafone Idea Limited (VIL), India’s third-largest telecom operator, is relying on government intervention to navigate its financial challenges as its statutory dues increase in the coming financial year. With the moratorium on payments ending in FY26, Vi’s payout towards adjusted gross revenue (AGR) dues will rise significantly, straining its cash flow and potentially hindering its […]
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Vodafone Idea Q3 Results News: Vi Reports Net Loss of ₹6,609
Vodafone Idea (Vi) announced a net loss of ₹6,609 crore for the quarter ending December 31, 2024 (Q3FY25), compared to a net loss of ₹6,985.9 crore in the same period last year. Despite the loss, the telecom operator’s revenue from operations rose to ₹11,117 crore in Q3FY25, up from ₹10,673 crore in Q3FY24. Vi’s total […]
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Cabinet Clears ₹6,000 Crore Boost for BSNL & MTNL’s 4G Expansion
The Union Cabinet has approved a ₹6,000 crore financial package to accelerate the 4G network expansion of BSNL and MTNL, according to a report. This funding will help both state-owned telecom companies strengthen and expand their network infrastructure. The allocated funds will be used to enhance 4G coverage across the country, ensuring better connectivity for […]
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Tejas Networks Signs ₹525 Crore Technology Collaboration Deal with Japan’s NEC
Networking equipment manufacturer Tejas Networks has entered into a ₹525 crore technology collaboration agreement with NEC Corporation, a leading Japanese telecom company, to develop advanced wireless technologies for global telecom operators. The company disclosed this in an exchange filing on February 7. The partnership focuses on advanced Radio Access Network (RAN) and core telecom […]
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Vodafone Idea Faces GST Penalty of Rs 17 Crore
Global telecom giant Vodafone Idea Limited has been directed to pay a penalty of Rs 16.96 crore for alleged non-payment of GST under the reverse charge mechanism. The GST demand order confirms a penalty of Rs 16,96,94,250, along with the applicable demand and interest. In response, Vodafone Idea stated in a regulatory filing, “The […]
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MTNL Shares Price Surge 19% as Government Approves ₹16,000 Crore Asset Monetization
Shares of state-owned telecom provider Mahanagar Telephone Nigam Ltd (MTNL) surged 19.2% on Wednesday, closing at ₹56.8 on the Bombay Stock Exchange (BSE). The rally followed reports confirming government approval for the monetization of MTNL’s assets worth ₹16,000 crore, a move aimed at easing its heavy debt burden and supporting operational restructuring. According to […]
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Indus Towers to Acquire 26% Stake in Amplus Tungabhadra to Boost Renewable Energy Efforts
Indus Towers has announced an agreement to acquire a 26% equity stake in Amplus Tungabhadra Private Limited, a special purpose vehicle (SPV) focused on renewable energy, for a cash consideration of approximately ₹27 crore. The telecom tower company disclosed this development in a filing with stock exchanges on February 4, 2025. Investment in Renewable Energy […]
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BSNL Budget 2025 Funding Cut by 59%, ₹33,757.58 Crore Allocated
The government has allocated ₹33,757.58 crore to BSNL in the 2025 budget, marking a 59% decline from the ₹82,916.20 crore allocated in the previous year. However, BSNL was only able to utilize ₹72,027.65 crore of last year’s allocation. Additionally, the budget did not include grants-in-aid for BSNL’s GST payments. According to Mahesh Uppal, Director of […]
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Mahakumbh 2025 News- BSNL Give Free SIMs to Enhance Connectivity
Under the Atmanirbhar Bharat initiative, Bharat Sanchar Nigam Limited (BSNL) is playing a crucial role in strengthening the communication infrastructure at Mahakumbh 2025, ensuring seamless connectivity for millions of pilgrims. To enhance on-ground support, BSNL has set up a dedicated customer service center in the Mela area, offering on-site assistance, complaint resolution, and uninterrupted communication […]
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BSNL 4G News- TCS to Expect More 4G Orders from BSNL
Tata Consultancy Services (TCS) expects Bharat Sanchar Nigam Limited (BSNL) to place a follow-on order for further 4G expansion across India. The current order covers 1 lakh sites, with deployment supported by a TCS-led consortium, including the Centre for Development of Telematics (C-DoT) and Tejas Networks. While C-DoT provides the network core, Tejas Networks supplies […]
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