INDIAN TELECOM SERVICE

psus-holding-telecom-licences-seek-clarification-on-financial-burden

PSUs holding telecom licences seek clarification on financial burden

In the wake of the Supreme Court’s judgment on adjusted gross revenue (AGR), some of top public-sector companies of India that are holding telecom service licences including GAIL India, Power Grid Corporation, Oil India, Delhi Metro and RailTel seeking clarification from the Department of Telecom (DoT) as they might also face a huge financial burden.

Supreme Court, last month, had ordered all telecom service providers to pay the past licence and spectrum dues in accordance with the annual AGR calculation formula used by the government. The government has set up a committee of secretaries to look into all issues.

10 Nov 2019
telecom:-cos-to-submit-its-report-on-financial-stress

Telecom: CoS to submit its report on financial stress

Like banking sector, telecom sector too has become Achilles’ heel of the government as Cabinet Secretary Rajiv Gauba headed Committee of Secretaries will review the financial stress on the telecom sector following the SC ruling making an additional burden of Rs 1.3 crore on the sector.

The CoS is expected to meet soon and submit its recommendations. The Cabinet Secretary would examine every aspect and suggest measures to mitigate the financial stress being faced by the telecom industry.

A reference is being made to the telecom regulator to make viable pricing for voice and data tariff so as to curb further revenue erosion of the incumbents. The development has come after the representations have been made by telecom carriers on the declining financial health of the sector in the wake of upcoming spectrum auction and fifth-generation or 5G technology-backed roadmap.

Service providers are already sitting on a cumulative debt of nearly Rs 8 lakh crore. The average revenue per user (ARPU) per month has declined from Rs 174 in the year 2014-15 to Rs 113 in 2018-19.

30 Oct 2019
psus-holding-telecom-licences-seek-clarification-on-financial-burden

PSUs holding telecom licences seek clarification on financial burden

By IndianMandarins 10 Nov 2019

In the wake of the Supreme Court’s judgment on adjusted gross revenue (AGR), some of top public-sector companies of India that are holding telecom service licences including GAIL India, Power Grid Corporation, Oil India, Delhi Metro and RailTel seeking clarification from the Department of Telecom (DoT) as they might also face a huge financial burden.

Supreme Court, last month, had ordered all telecom service providers to pay the past licence and spectrum dues in accordance with the annual AGR calculation formula used by the government. The government has set up a committee of secretaries to look into all issues.

telecom:-cos-to-submit-its-report-on-financial-stress

Telecom: CoS to submit its report on financial stress

By IndianMandarins 30 Oct 2019

Like banking sector, telecom sector too has become Achilles’ heel of the government as Cabinet Secretary Rajiv Gauba headed Committee of Secretaries will review the financial stress on the telecom sector following the SC ruling making an additional burden of Rs 1.3 crore on the sector.

The CoS is expected to meet soon and submit its recommendations. The Cabinet Secretary would examine every aspect and suggest measures to mitigate the financial stress being faced by the telecom industry.

A reference is being made to the telecom regulator to make viable pricing for voice and data tariff so as to curb further revenue erosion of the incumbents. The development has come after the representations have been made by telecom carriers on the declining financial health of the sector in the wake of upcoming spectrum auction and fifth-generation or 5G technology-backed roadmap.

Service providers are already sitting on a cumulative debt of nearly Rs 8 lakh crore. The average revenue per user (ARPU) per month has declined from Rs 174 in the year 2014-15 to Rs 113 in 2018-19.

rastogi-appointed-joint-secretary,-cic

Rastogi appointed Joint Secretary, CIC

By IndianMandarins 26 Jul 2019

Rahul Rastogi, a 1998 batch officer of Indian Telecom Service, was on Friday appointed to the post of Joint Secretary (Director level), Central Information Commission (CIC) for a period of five years under Central Staffing Scheme.  

niti-ayog:-singhal-given-extension

NITI Ayog: Singhal given extension

By IndianMandarins 27 Oct 2018

Central deputation tenure of Neeraj Singhal (ITS:1994), Director, NITI Aayog, was extended for a period of one year beginning 18 March 2019. 

saxena-appointed-member-(p&d)-lpai

Saxena appointed Member (P&D) LPAI

By IndianMandarins 06 Oct 2018

Akhil Saxena, a 1993 batch officer of Indian Telecom Service, appointed to the post of Member (Planning and Development), Land Ports Authority of India (LPAI) for a period ending 09 October 2020.

gajendra-singh-(its)-given-extension

Gajendra Singh (ITS) given extension

By IndianMandarins 24 Jul 2018

Gajendra Singh, 1999 batch officer of Indian Telecom Service (ITS), has been given extension in tenure as Director, Department of Agriculture, Cooperation and Farmer’s Welfare for a period ending 15 July 2019 (w.e.f. 15.07.2018).

free stat counter

Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.

Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.