SMS-based investment scams: Sebi seeks help from telcos, banks
SMS-based investment scams: Sebi seeks help from telcos, banks

Concerned over a spurt in investment scams perpetrated through SMSes, WhatasApp and social media, Sebi has beefed up its surveillance on such platforms and is seeking greater cooperation from the mobile and internet service providers, as well as banks, to nail the culprits.

Call drops: Don't just add customers, care for them too, Prasad tells telcos

Asking mobile operators to address the problem of call drops, Telecom Minister Ravi Shankar Prasad Monday said government doesn't appreciate when they just add customers but do not look after their convenience.

Centre asks states to allow mobile towers on govt buildings

"Our ministry has written to all chief ministers to allow mobile towers on state government buildings. It will boost the coverage and capacity of service providers and help counter call drop problem," Prasad told reporters here.

Telecos to submit report on call drop today

The Department of Telecommunication (DoT) has asked all mobile phone-service providers to submit a report on action taken by them to address the call drop issue by July 31.

Telcos have over Rs 2.42 lakh crore debt

Telecom operators in the country had a total debt of Rs 2,42,896 crore on their books in the year 2013-14, Parliament was informed Wednesday.

Zuckerberg lauds telcos for connecting more people to Net

Facebook CEO Mark Zuckerberg Tuesday offered to partner with telecom operators to expand internet access, while lauding the efforts of Indian giant Airtel and other telcos on this front.

Telcos give Rs 20,435 cr as earnest money for spectrum auction

Eight telecom operators have deposited earnest money of about Rs 20,435 crore for spectrum auction starting March 4, with Reliance Jio Infocom submitting the highest guarantee.

Telcos seek adequate spectrum to be made available for auction

Telecom operators, whose licences are expiring during 2015 and 2016, have requested the government to allow them to continue with their existing in-use spectrum till the time adequate radiowaves are made available for auction.

Leading telcos given notice for under reporting revenue: Govt

Show cause notices were issued to the companies in whose books the DoT observed that revenues were under reported.

RBI extends refinancing rupee loans by telecos to March 2014

The Reserve Bank Tuesday extended the scheme for telecom companies to refinance their rupee loans taken for funding 3G spectrum with long-term overseas borrowing till March 31, 2014.

EGoM, GoM on telecom matters may meet within 10 days

Two ministerial panels on telecom matters --EGoM that will decide on the third round of spectrum auction, and GoM that will take a call on revival of BSNL and MTNL-- are likely meet in the next 10 days, sources said.

Tata Comm Q3 net loss at Rs 201 cr

Tata Communications Monday reported net loss of Rs 201 crore for the third quarter ended December 31, 2012 due to rise in expenditures.

Tata Comm offers solutions to consolidate telcos roaming ops

In order to help operators manage their roaming arrangements, Tata Communications has introduced 'Virtual Private Roaming Hub' and 'LTE Roaming Service', the company said in a statement.

Consider extending deadline for telecos to operate: Govt to SC

The Centre Tuesday asked the Supreme Court to consider allowing the telecom operators, whose 2G licences were cancelled last year, to continue to operate after the January 18 deadline with a condition that they "will be liable to pay" for the spectrum as per the proposed price of the upcoming auction scheduled on March 11.

DoT starts issuing notices to telcos for false revenue reports

The Department of Telecom has started issuing notices to recover around Rs 863 crore from telecom operators which were found to have allegedly under reported their revenue for period between 2006-08.

Telcos to be penalised for poor quality of service: TRAI

Telecom operators will now be penalised for providing poor quality of service and could attract fines of up to Rs 10 lakh for incorrect information on every performance parameter.

Existing telcos can bid for 1 block of spectrum in 5 Mhz slot

The Empowered Group of Ministers (EGoM) in its June 5 meeting is believed to have decided that existing operators be allowed to bid for one block of 1.25 MHz, sources privy to the development said.

PSU banks' exposure at Rs 10,000 crore in telecos hit by SC order

Public sector banks have an exposure of about Rs 10,000 crore in the telecom companies whose licences were cancelled by the Supreme Court in connection with 2G scam.

Give self-certificate on radiation: DoT to telecos

The government has asked the mobile operators to give self certificates stating that radiations emitted by their towers are not harmful for human health, else face penalty as per prescribed norms.