Rs 2,700 crore is the amount taken from the group of international banks as a loan & has been fully repaid by Reliance Communication.

The company quoted in an official statement that ”Reliance Communications made full payment of a syndicated ECB loan facility of $500 million, over Rs 2,700 crore, on the due date. The loan was taken in 2007 from a group of international banks.”

On December 31, 2012, Rs. 37,360 crore was the total debt reported by the RCom.

At BSE, the company shares were fluctuate at Rs. 110 a piece i.e. up 0.27 percent.

Recent sources has confirmed that DoT has asked Tata Teleservices to vacate the additional CDMA spectrum in the different circles across India except Delhi & Mumbai with the other telco operators.

DoT sources has stated that the Telco body may request TTL to surrender its one 1.25  MHz of CDMA spectrum in all respected service areas except Mumbai & Delhi without any such reason.

The reason behind the steps taken by DoT to ask the operators to give up their additional spectrum is mainly because government has impose one time access fee for the airwaves holding beyond the limit that was assigned to it for resuming the wireless network services.

The company will not surrender the extra spectrum as per DoT demanded, the company will wait for the final results of the petition held up before  Kolkata High Court and Bombay High Court. As a result of which ”DoT would be bound to restore forthwith the surrendered spectrum in the event DoT actions are held invalid”.

120 days time frame has been asked by the company before surrendering its CDMA spectrum & re-organise its network, since the DoT may ask the company to impose one time spectrum fee.

Rs. 1,155 crore is the one-time spectrum fee imposed on TTSL’s CDMA license.

Already the company has paid 63 crore rs as an installment fee for holding up the additional license in Delhi & Mumbai circle as a protests to the Government.

There was a meeting scheduled with Finance Minister P Chidambaram & other group of ministers to discuss on the revival strategy of state-owned BSNL & MTNLbut later the meeting was cancelled. As per news came from PTI, one of the government officials said that the next date of the meeting yet to be decided & also quoted about the non-availability of Finance Minister today.

As per sources has quoted that the Finance Minister had to travel to Chennai so he was not present in the meeting.

 P Chidambaram the Finance Minister is heading the GoM. This group was formed as per letter sent by Telco Minister Kapil Sibal to our Prime Minister Manmohan Singh about the major concerns of its two loss earning PSU’s.

As per records shown in financial year 2012-13, MTNL incurred a loss of Rs 3,300 crore around & BSNL suffered a loss of  Rs 8,198 crore.

 Telecom Minister, Commerce and Industry Minister Anand Sharma, Law Minister Ashwani Kumar, Planning Commission Deputy Chairman Montek Singh Ahluwalia, Information and Broadcasting Minister Manish Tewari and Minister of State in the Prime Minister’s Office V Narayanasamy were the honorary members of GoM.

The Delhi High Court’s decision has been challenged about the license renewal process of Vodafone the U.K. based Mobile Service provider in some major circles like Kolkata, Mumbai & Delhi beyond November 2014.

As per statement released from the company “The DoT arbitrarily rejected Vodafone’s applications for extension… Accordingly, Vodafone is constrained to take the legal recourse by challenging DoT’s arbitrary rejection of its extension applications as this matter can potentially cause grave inconvenience to millions of customers in these 3 circles.”

Recently Trai has issued a notice about the telecom operators percentage contribution to the billing disputes by Aircel, Vodafone, Idea, BSNL and MTS which varies between 0.11 percent and 2.42 percent. Of which lowest score is 2.42 percent scored by Aircel’s Maharashtra.

Gujarat, Jammu and Kashmir, Kolkata, Karnataka, Punjab and Rajasthan were most of the disputed regions where Aircel postpaid bill has dropped from 0.11 to 0.25 percent.

Jammu and Kashmir, Mumbai, Maharashtra, Madhya Pradesh, Orissa also face the same billing dispute but only to the prepaid segment customers. In terms of percentage Aircel has contributed almost 0.11 to 2.42 percent in the above following circles.

Gujarat, Haryana and Karnataka were facing off the same problem i.e. non-compliant billing benchmark for Idea postpaid subscribers.

As per Trai’s new report, Aircel & Idea were the two telco operators could not resolve  the billing benchmark issue.

Jammu and Kashmir, Punjab and Uttar Pradesh (East) were some circles where Vodafone does not meet Trai’s billing benchmark expectation not fulfilled by the company in terms of postpaid segment. In prepaid segment company faces 0.24 percent bill disputes in Bihar circle.

Recently as per news launched by the regulator lot of customers is saying that a call is being answered nowadays in more than one minute from the so-called operators like Aircel, BSNL, Idea Cellular, Reliance Communications, Idea Cellular, Tata Teleservices, Uninor and Vodafone.

Mobile Tariff hike has been announced by Reliance Communication by 20 percent. Again there is 65 percent reduction in the promotional and concessional offers from the company end. All the existing & new customers will enjoy the new tariff plan which will soon put into immediate effect. Reliance Communication will put 20-30 percent hike in tariff mostly in Commitment Plans where larger portion of company’s user base use this plan.

The different Commitment Plans offered by the company were as follows: Commitment Plan 21, Commitment Plan 45, Commitment Plan 48 and Commitment Plan 46. 1.2 paisa per second is the hiked tariff rate from 1 paisa per second in case of plans like Commitment Plan 21 and Commitment Plan 45.

Reliance Communications, Chief Executive Officer, Gurdeep Singh commented “Our headline tariff increase from 1.2 to 1.5 paisa per second in October last year did not see any traffic elasticity and there has been no fall in customer demand or change in usage patterns, as we successfully migrated our entire base to the Headline Tariff. With the Indian telecom industry now heading for a phase of consolidation, with smaller operators shutting down or scaling down their operations and easing off hyper-competitive pressures, this will help pricing power move back to serious, long-term and pan-India scale operators and positively impact profitability. We have now corrected all Commitment Plans across the country and have increased tariffs by between 20 per cent and 30 per cent.”

Uninor the Norweigan Telecom service provider has appointed a new Chief Executive Officer (CEO) named as Yogesh Malik who will soon step into action.

Brekke also commented that Yogesh Malik started hic career as a CEO in Uninor in the year 2011,“He has played an instrumental role in establishing Uninor as the most affordable mobile operator. His focus on operational efficiency and innovations that benefit the mass market has contributed to making Uninor India’s fastest growing service provider.”

“Taking responsibility for our Indian operations was always meant to be temporary, but with all the challenges that we faced, my period in India became longer than intended,” as per comment came from MD, Mr. Brekke.

A new ICRA to be signed on between two big private operators one is Aircel & another is Reliance to continue uninterrupted services by expanding the network coverage across the whole country by offering handsome amount of facilities.

Already RCOM’s possess network foot print which would be expanded by 10,000 base stations which will attract 100 million customers where the market value is around 10,000 crore. So, Reliance is very much interested in ICRA which going to be initiated soon to the existing 2G GSM operators across India. The main advantage will be for the roaming customers as they will not be charged any additional fee.

‘Pay As You Use’ model is the term mentioned in the agreement between Aircel & Reliance to improve quality of service & also to operate efficiently. Capex and Opex will get optimized as soon as the alliance becomes effective which will really improve network coverage like in-building & outdoor.

At the end of second quarter Reliance is hoping that some positive outcome will be there as the company is in talk with several other operators.

Qatar Foundation wants to buy out the fresh stake in their joint merge up with Bharti Airtel one of the largest private owned Indian telco company has a 5 percent share in this venture which worth around $1.26 billion.

Due to such high end investments company will get more flexible in terms of growth & also make a strong capital based infrastructure.

Qatar Foundation Endowment (QFE) being an investor will acquire the Bharti Airtel’s share at a new rate of 340 rupees ($6.2) per share  i.e. 199.8 million.

316 rupees is the closing price for the 7.5 percent premium raised to Bharti Airtel.Again this new investment has literally help the company to tackle such less profitable situation due to high cost of interests & such intensified competition across country.