The confirmation by Vodafone Plc recently that it is in talks with Idea Cellular for potential merger of Vodafone India is another big churn in the Indian Telecom sector. While R-Jio’s entry was expected to disrupt the market, that the second largest player would call it quits is unanticipated and quite shocking. A look at … Continue reading Vodafone-Idea Merger Proposal – The Rationale..
Telecom Commission (TC) has proposed to fix spectrum Usage charge (SUC) at minimum 3% of revenue on aggregate basis for all existing spectrum and for all future auctions also, as per various reports. The proposal, if accepted by the cabinet, would bring finality to long pending and complex issue of bringing uniformity in the SUC rates. The … Continue reading Telecom Sector – The SUC muddle..
Reliance Industries has posted another good set of numbers with 18% jump in profits for quarter ended June’16, on top of similar 16% jump in the previous quarter. Its core margin remains intact with cost of goods and trade, as a percent of sales coming down from 75% to 70% y-o-y, giving a huge room for … Continue reading Reliance Industries – Beneath the quarterly numbers..
Bharti Airtel records marginal growth in profits of 3%. More importantly, the African business records substantial decrease in losses. It may be noted that that like other Indian companies’ overseas foray, Bharti had also faced rough weather in its African business which now finally seems to be coming on stream. The company has also announced … Continue reading Telecom Sector – Results and Beyond…