Telecom Industry
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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PCPSPS Urges Comprehensive Revival Plan for BSNL and MTNL
The Peoples’ Commission on Public Sector and Services (PCPSPS) has expressed concern over the Central government’s “misguided” approach toward public sector telecom companies, BSNL and MTNL, accusing it of weakening them “financially, technically, and organizationally.” The commission, comprising renowned academics, jurists, former administrators, trade unionists, and social activists, has called for a comprehensive revival plan […]
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Airtel Set to Launch Satellite Telecom Services in India
Airtel is ready to roll out satellite telecom services in India, pending government approval, according to Rajan Bharti Mittal, Vice Chairman of Bharti Enterprises. Sunil Bharti Mittal previously stated that the company is fully equipped to launch satellite communication (Satcom) services, aiming to provide connectivity to even the remotest corners of the country. Airtel’s […]
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Reliance Jio IPO Launch Later, Tariff Hike First
Another round of telecom tariff hikes appears to be on the horizon, with Reliance Jio Infocomm expected to increase rates in the next fiscal year, likely ahead of its anticipated initial public offering (IPO), according to industry sources. Reliance Jio, the sector leader, previously initiated a tariff hike in June 2024 after nearly two-and-a-half […]
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AGR Dues Relief: Will Budget 2025 Deliver ₹1 Lakh Crore Boost for Vodafone Idea and Bharti Airtel?
In a significant move for the cash-strapped telecom companies Vodafone Idea and Bharti Airtel, the Indian government is reportedly considering a proposal to waive a portion of their Adjusted Gross Revenue (AGR) dues. If implemented, this measure could counter the prevailing duopoly of Mukesh Ambani’s Reliance Jio and Sunil Bharti Mittal-led Airtel. AGR, or Adjusted […]
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Jio Q3 Net Profit Rises 4.9% QoQ to ₹6,861 Crore, ARPU Hits ₹203.3
Reliance Jio Ltd reported its third-quarter results for FY25, exceeding analyst expectations for net profit, revenue, and average revenue per user (ARPU). The telecom arm of Reliance Industries Ltd posted a consolidated net profit of ₹6,861 crore, reflecting a 4.9% quarter-on-quarter growth compared to ₹5,447 crore in Q3 FY24. Revenue from operations increased by 4.3% […]
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