Kalyan Parbat

3 weeks ago | economictimes.indiatimes.com | Kalyan Parbat

’s call to the telecom department to seek the latter’s views on converting its adjusted gross revenue (AGR) dues into equity is aimed at ensuring a level playing field, after weaker rival Airtel said on Wednesday its board would take the final call on converting the company’s sizeable AGR dues into equity once the government clears the air on whether the company has the option to do so.

3 weeks ago | economictimes.indiatimes.com | Kalyan Parbat

Kolkata: Consumer spending on mobile services in India rose sequentially in the third quarter of FY25, on the back of the July 2024 headline rate hikes, which was reflected in higher revenues for telcos from the prepaid/postpaid services businesses, an assessment of latest data collated by the telecom regulator showed.User spending on mobile services (post-GST) increased 5.5% sequentially to about ₹65,080 crore in Q3FY25 as per latest sector performance data issued by the Telecom Regulatory...

3 weeks ago | economictimes.indiatimes.com | Kalyan Parbat

Kolkata: A deferral of the much-awaited initial public offering (IPO) of Airtel Africa's $4.9-billion mobile money business , and uncertainties around the timing of the second tranche of the company's share buyback plans are key concerns despite strong business resurgence of Bharti Airtel 's Africa unit, analysts said."Airtel Africa is still looking to IPO its mobile money (MoMo) business, which we value at $4.9 billion, but this is now delayed to H1, calendar 2026, which is headline negative...

1 month ago | economictimes.indiatimes.com | Kala Vijayraghavan |Kalyan Parbat

Kolkata | Mumbai: Tata Group is set to renew the hunt for new buyers for Tata Play direct-to-home (DTH) business after the abandonment of talks with Bharti Airtel to merge their DTH businesses due to sharp differences over valuation, people familiar with the matter told ET.The Tatas are looking to exit the DTH business as they find it as non-scalable and non-strategic to the group.The Tata Group was pushing for a valuation of about ₹7,000 crore for Tata Play in the proposed merger with Bharti...

1 month ago | economictimes.indiatimes.com | Kalyan Parbat

The Department of Telecommunications (DoT) has directed telcos to be vigilant, stay in a state of heightened preparedness and ensure unhindered connectivity, amid rising India-Pakistan border tensions “In light of the evolving security situation and the critical need to maintain seamless communications for national security and effective disaster response, it’s imperative to ensure uninterrupted telecom connectivity, particularly in emergency operations centres (EOCs) at both state and...