Search Result for : Trai

The Dollar Business Bureau The Telecom Regulatory Authority of India (TRAI) underscored the need to identify some of that bottlenecks that are obstructing the functioning of telecom business growth in India and pointed out some growth-oriented steps including license acquisition, spectrum allotment and mergers to be reviewed to make the process simpler. "...the Authority is of the opinion that various processes that a telecom licensee is required to go through should be simplified and combined to the extent possible to economise on efforts on part of the Telecom Service Providers (TSPs) as well as the government," TRAI said. The regulator said regulatory intervention was important to encourage "ease of doing telecom business" in India. Some of the processes “include procedures related to the ...

The Dollar Business Bureau Vodafone and Idea, the second and third largest telecom players in the Indian market after Airtel, have decided to combat intense competition from newcomer Reliance Jio, by merging their Indian business segment. The Birla enterprise and the British telecom giant are said to finalise a merger deal by February 2017, making the combined entity the largest telecom company in India. Vodafone has entrusted Marten Pieters, its former Chief for Indian market, with the responsibility of this ground breaking merger. The consolidation will result into a new firm that will hold a lion's share of Telecom industry's revenue. Projections estimate 40% revenue share and 380 million subscriber base for the consolidated enterprise. India Ratings and Research, a rating agency predicts a revenue of Rs.77,500-80,000 crore for the merged company. There are concerns ...

The Dollar Business Bureau Transaction charges must be kept at a minimum level to promote digital payment and make it available across the country as India is a cost-sensitive market, Telecom Regulatory Authority of India (TRAI) Chairman R S Sharma said today. Speaking at a seminar on 'Demonetisation to Digital Remonetisation' organised by FICCI, Sharma said, "There are three things which are extremely important for digital transactions to become ubiquitous - cost, convenience and confidence. India is an extremely cost-sensitive market...You can't have Rs 5 commission on Rs 100 transaction. That is not going to work." Sharma also urged the financial institutions to imitate the telecom sector where average pre-paid digital recharge value is Rs.10 and said these charges on digital transactions should ...

The Dollar Business Bureau Telecom Commission has backed the lowering of the spectrum usage charges (SUC) for telcos to 3% of their annual revenue on all brands during the July 2016 auction. However, the panel has decided that the payout for the carriers will not be less than what it currently is, a decision taken to prevent the loss of revenue. The calculation of revenue has become complicated as these telecom companies were allocated 3G and 4G services. It was easy prior to 2010, when there was only 2G spectrum. The telecom department’s technical panel said it is difficult to segregate revenues due to the companies’ airwaves in multiple brands. The SUC has been one of the most controversial issues of late. Reliance Jio has ...

Source: PTI   People will soon have to dial just a single number '112' for help during emergency situations such as availing services of police, ambulance and the fire department. The proposal to have a single number for various emergency services, approved by the inter-ministerial panel Telecom Commission, would be similar to the '911' all-in-one emergency service in the US. All existing emergency numbers will be phased out within a year of rolling out 112, depending upon the awareness about this new facility. "Telecom Commission has accepted Trai's recommendation on single emergency number 112. It will now be drafted by the Department of Telecom and will require Telecom Minister's (Ravi Shankar Prasad) approval. It will be rolled out within months rather than ...

Source: PTI The government is constantly monitoring the call drops situation and regularly telling the telecom operators to take corrective steps to improve it   A total of 29,000 new telecom towers were installed by private telecom operators across the country after government took strong exception to the problem of call drops, Telecom Minister Ravi Shankar Prasad said on Wednesday. Following a directive by Prime Minister Narendra Modi, the Telecom Ministry told the private telecom operators that strong action will be taken if the problem of call drops is not resolved, he told the Lok Sabha. "After our clear instruction, private telecom operators have installed 29,000 new mobile towers in the country while 2,200 of them were installed in Delhi. "While public ...

Steven Philip Warner | The Dollar Business Deng Xiaoping – the name may simply sound “very Chinese” to most. Let’s make this simple – he literally invented Foreign Direct Investment (FDI) in a China immersed in ideologies freely distributed by the old Mao Zedong school of socio-politics and therein intoxicated with anti-Capitalist scriptures floated around during the great proletarian cultural revolution. In short, he reduced Chinese obsession with everything being Chinese from “root-to-fruit”, strictly in the industry sense. Xiaoping is today regarded as the economist-first-politician-second, who masterminded the ‘Made in China’ market weapon that the world is in awe of still, two long decades after he became ‘present’! India needs a Xiaoping – less by heart, more by mind. Left brainers won’t ...