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HFCL rises after bagging Rs 2,666-cr BharatNet Phase-III contract from RVNL
HFCL rose 3.29% to Rs 196.45 after the company announced that it has secured a contract worth approximately Rs 2,666.09 crore from Rail Vikas Nigam (RVNL) for the BharatNet Phase-III project in the Uttar Pradesh (West) Telecom Circle.
Consumer groups oppose Trai plan to scrap advisory panel for telecom complaints
Consumer advocates are pushing back against the telecom regulator's plan to eliminate the advisory committee for complaint appeals. They argue this move would remove a vital safeguard for consumers. Instead, they propose modernizing the committee with digital tools and faster turnaround times. Telecom operators, however, support the regulator's proposal.
HSBC Names Top Stock Picks in EMEA: Telecom, Energy, and Property Lead - Investing.com India
HSBC Names Top Stock Picks in EMEA: Telecom, Energy, and Property LeadInvesting.com India
HFCL bags Rs 2,666 crore telcom gear supply order from Rail Vikas Nigam for BharatNet project
HFCL has secured a significant Rs 2,666 crore order from Rail Vikas Nigam Limited. This contract is for the BharatNet Phase-3 project in Uttar Pradesh West. HFCL will supply telecom equipment and manage installation and commissioning. The project includes network creation and maintenance over a considerable period. This order adds to previous contracts for the same project.
Telecom tower companies eye 5–6% tenancy growth on network push
Telecom tower companies anticipate strong tenancy growth of five to six percent in the coming two fiscal years. This surge is fueled by telecom operators expanding their networks. This revival will boost tenancy ratios at existing sites. Tower companies will invest in new towers and upgrades. This investment will improve operational efficiency and profitability for the sector.
ICICI Prudential's Anand Shah favours manufacturing, consumer services despite inflation risks
Anand Shah, CIO-PMS & AIF at ICICI Prudential AMC, believes manufacturing-focused mid- and small-cap companies are well placed to benefit from stronger earnings growth, rupee depreciation and a gradual shift towards domestic production. He remains overweight on consumer services, private banks, asset managers and insurance firms, while expecting telecom industry profitability to improve over time through tariff hikes. Shah also warned that inflation risks from energy and food prices could weigh on consumption.
Reliance Jio IPO filing nears: A look at its rise, scale, profitability
As Reliance Jio nears a reported $4 billion IPO, here's a look at how India's largest telecom operator grew, its subscriber base, services, profitability and future plans
Reliance Jio IPO: RIL's telecom arm may file draft papers for $4 billion public issue within days, says report
Reliance Jio Infocomm is preparing to file for a $4 billion IPO, potentially becoming India's largest public offering. This move follows a significant fundraising history and aims to enhance Jio's operational capabilities while managing valuation expectations ahead of its upcoming AGM.
Reliance Jio likely to file $4 billion draft IPO papers ‘within days’ before CMD Mukesh Ambani's AGM speech: Report
Jio IPO: Telecom major Reliance Jio is likely to file papers for its draft initial public offering “within days”, ahead of Chairman and Managing Director Mukesh Ambani's annual speech, according to a report by the Financial Times.
India's telecom ARPU to grow 7% CAGR through FY29; narrowing tariff gap with global markets: Report
India's telecom sector is set for a multi-year growth phase. Average Revenue Per User (ARPU) is projected to grow at 7% annually from FY26 to FY29. This growth will reduce India's tariff gap with global markets. The sector is poised for stronger cash flows and improved returns.
Matt Orton backs India as risks ease; banks, telecom and infrastructure stand out - CNBC TV18
Matt Orton backs India as risks ease; banks, telecom and infrastructure stand outCNBC TV18
Telcos reject call for cheaper, standalone voice & SMS plans
Telecom operators Reliance Jio, Airtel, and Vodafone Idea have rejected the Telecom Regulatory Authority of India's (Trai) proposal for mandatory affordable voice and SMS-only plans. Consumer advocates argue this forces millions of feature phone users to subsidize data they don't use, while telcos claim it's technically unsound and anti-consumer.