gibreel ferishta's Library tagged airtel →  View Popular

The Department of Telecom has given its approval to divesting the 30 per cent stake held by Telecommunications Consultant of India Ltd in Bharti Hexacom, a company which offers mobile services in Rajasthan.

The stake sale has been hanging in the balance for more than three years. The Government had so far taken a stance not to divest State-owned TCIL’s stake. However, with the Left withdrawing its support, political equation at the Centre has changed allowing the Government to move ahead with its divestment plans.

The decision to approve the stake sale was taken at a meeting of the Telecom Commission, the highest authority in DoT, on August 21. DoT will now take the proposal to the Union Cabinet for approval.

If TCIL sells its stake, Bharti Airtel will have the first right of refusal. Bharti had earlier expressed interest in acquiring the stake but could not do so without Government approval. Bharti already owns about 70 per cent stake in Hexacom after it had bought out majority shares from Shyam Telecom. Bharti had paid about Rs 430 crore for buying out Shyam’s stake in 2004.

www.businessline.in/...print.pl - Preview

mobile telephony corporate dot airtel rajasthan

Mobile subscriber base in the country is growing at such a fast pace that operators are breaking the record for net additions almost every second month.

In July, mobile operators, both GSM (global system for mobile communications) and CDMA (code division multiple access) together, added 9.22 million subscribers, which is the highest ever additions in a single month till now. The previous best was 8.94 million in June.

www.businessline.in/...print.pl - Preview

mobile telephony airtel gsm

With an addition of 6.27 million subscribers in the month of May, the total GSM subscriber base climbed up to 205 million users. However, there was a decline in the total number of subscribers added in comparison to April, with a decline of 177,000.

Bharti Airtel Ltd, the country’s largest mobile service provider leads the pack with the highest number of additions of 2.4 million subscribers, taking the company’s subscriber base up-to 66.8 million. With these figures the company has a market share of 32.52%.

Vodafone Essar with a market share of 23.10% added 1.68 million subscribers to its kitty, with which the company’s user base increased to 47.4 million at the end of May.

www.financialexpress.com/...321703 - Preview

GSM mobile telephony airtel subscriptions statistics

The Government may want more revenues from telecom operators, but large integrated players including Bharti Airtel have found a smart way to save at least Rs 1,000 crore a year in the form of licence fee revenue share.

In the current licence fee regime, telecom companies providing the whole gamut of services, including long distance telephony, are required to pay only 6 per cent of the annual revenues from long distance services compared to a total levy of 12 per cent for mobile services. These companies are saving on the net outgo to the Government by loading higher revenue component to their long distance licence.

www.businessline.in/...print.pl - Preview

telephony tax long-distance airtel

www.businessline.in/...print.pl - Preview

airtel broadband cable internet international