KOLKATA: Earnings of telecom companies Bharti Airtel, Idea Cellular and Reliance Communications may take a sharp hit in 2016-17, weighed down by higher amortization and interest costs after buying expensive spectrum, analysts say. Increased costs, along with a likely delay in the launch of Reliance Jio Infocomm’s service, may result in some tariffs going up, they said. Market leader Bharti Airtel’s net profit may dip 8% in the financial year starting April 1, 2016, US brokerage Morgan Stanley estimated, while that of Idea Cellular and RCom are set to decline 27% and 26%, respectively, factoring in higher interest and depreciation outflows.
NEW DELHI: Top telecom operators including Bharti Airtel, Vodafone India and Idea are actively working with mobile application vendors to improve the network performance and experience for smartphone users that will help them retain subscribers and drive data revenue. Idea Cellular’s chief marketing officer Sashi Shankar and Aircel’s chief technology officer Sameer Dave told ET separately that the companies are in discussions with e-commerce firms and other services that require high traffic and high volume.
NEW DELHI: Tata Teleservices and Aircel — the only two telcos that have declared a negative net worth for next month’s spectrum auctions — are allowed to only top up their existing holdings and can’t bid for new airwaves, the telecom department has said. A senior official of the Department of Telecommunications explained to ET that the auction rules require an operator to have a net worth of at least Rs 100 crore to make it eligible to either expand its geographical coverage or buy airwaves in a new band in circles where it holds spectrum.
NEW DELHI: Mobile phone operators Vodafone India and Aircel have started talks with the government on how to speed up the much delayed national broadband project, which will form the backbone of the Digital India initiative. The government recently set up an expert committee on the National Optic Fibre Network (NOFN) to suggest ways to fasttrack the project and the best technology options. The panel was also asked to recommend possible business models.
NEW DELHI: To give a fillip to its super fast fourth-generation mobile services, Bharti Airtel has tied up with Chinese handset maker Xiaomi to provide 4G device Redmi Note at a price of Rs 9,999 in six cities, including the National Capital. The operator provides 4G services in 16 cities but Airtel will provide the Redmi Note at 133 stores across Mumbai, Bangalore, Hyderabad, Chennai, Delhi-NCR and Kolkata.
BENGALURU: Bharti Airtel was at the receiving end of a brutal backlash on the Internet after it decided to impose special tariff for voice calls made over services like Skype or Viber. The telecom operator’s decision to charge more for voice services that run using data is being vehemently opposed by consumers, many of whom took to the Internet to vent their anger.
CHENNAI, INDIA: Aircel, a mobile service provider in India and ASKME a local discovery platform to provide ‘Pay per lead’ generation plan through an operator billing system, entered into partnership with ASKME. The business service will provide SMEs the convenience to pay only for the potential leads, thereby helping SMEs address the challenge of upfront investment for increasing business.
NEW DELHI, INDIA: In a tripartite agreement aimed to provide 3G roaming services to each others customers, telecom operator Reliance Communications, Tata Teleservices and Aircel have inked a deal that allows them to use each others network across country. RCom and Aircel have permits for 3G services in 13 out of 22 service areas while Tata Teleservices has permit in 9 circles.