\n
\nMobile phone operators are also likely to seek an overall reduction in regulatory costs and a tweaking of SUC payout rules, by suggesting that such payments be allowed at the end of a quarter based on actual revenue instead of at the start of a period based on estimated revenues.
\n
\nMobile operators are likely to urge the government to coax banks to extend longterm loans with 20-year tenures and explore ways to restructure the existing loans, the persons cited earlier said.
\n
\nTelecom operators, it is learnt, are likely to write to the government seeking an extension in spectrum payment tenures from 10 to 18 years, which would enable a mobile carrier to spread out its airwavesrelated payments over the 20-year tenure of a licence, including the two-year moratorium.
\n
\n“If approved, this would significantly reduce annual spectrum liabilities and bosost cash flows, which would enable a telco to invest more in data networks and customer experience, which it is unable to do now,” a senior executive of a leading telecom company told ET.
\n
Indications are that the Cellular Operators Association of India (COAI<\/a>) and Association of Unified Telecom Service Providers of India (Auspi) are likely to write separate letters to the telecom department.
\n
\nCOAI’s Director General Rajan Mathews and Auspi Secretary General Ashok Sud could not be reached for comments till the time of going to press.
\n
The telecom industry<\/a>’s push for urgent fiscal relief comes at a time when net debt levels of top companies have skyrocketed in the aftermath of heavy data spectrum purchases over the last three years, and capex investments.
\n
\nSoon after FM Jaitley’s budget presentation, COAI’s Mathews said that mobile phone companies were disappointed that the financial health of the telecom industry was not addressed.
\n
\nMarket leader Bharti Airtel’s consolidated net debt in the December quarter was $14.34 billion, while Vodafone India’s stood at Rs 35,400 crore, which would soar by another Rs 20,000 crore if deferred payment for its latest airwave purchases are accounted for.
\n
Third-largest carrier, Idea Cellular<\/a>, which is yet to report earnings for the third quarter, had reported a net debt ofRs 36,401crore in the quarter to September 2016. The continuing trend of high spectrum payments, resulting in higher amortisation costs, has also hit the return on capital employed (RoCE) for top telcos. For instance, Airtel’s RoCE fell to 7.1% in the December quarter from 8.6% a year ago. Idea’s RoCE has shrunk sequentially to 2.4% in the September quarter from 4.1% in the quarter to June 2016.
\n
\nThe chorus for fiscal relief has grown after Finance Minister Arun Jaitley largely ignored the sector’s key demands in this year’s budget, especially his not clearing the air on tax treatment of spectrum payments.\n\n<\/body>","next_sibling":[{"msid":57073861,"title":"Corporate governance badly down at Infosys, board needs an overhaul: NR Narayana Murthy","entity_type":"ARTICLE","link":"\/news\/corporate-governance-badly-down-at-infosys-board-needs-an-overhaul-nr-narayana-murthy\/57073861","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":57073929,"entity_type":"ARTICLE","title":"Debt-hit telecom firms may seek fiscal relief to boost cash flow","synopsis":"Saddled with debt of Rs 4.74 lakh crore, cos seek relief on airwave & licence fee payments.","titleseo":"telecomnews\/debt-hit-telecom-firms-may-seek-fiscal-relief-to-boost-cash-flow","status":"ACTIVE","authors":[{"author_name":"Kalyan Parbat","author_link":"\/author\/4437\/kalyan-parbat","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/4437.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":4437,"author_name":"Kalyan Parbat","author_seo_name":"kalyan-parbat","designation":"Assistant Telecom Editor at the Level of Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2017-02-10 08:43:24","lastupd":"2017-02-10 08:45:58","breadcrumbTags":["GSM","CDMA","industry","Idea Cellular","Telecom operators","COAI","Telecom operators debt"],"secinfo":{"seolocation":"telecomnews\/debt-hit-telecom-firms-may-seek-fiscal-relief-to-boost-cash-flow"}}" data-authors="[" kalyan parbat"]" data-category-name="" data-category_id="" data-date="2017-02-10" data-index="article_1">
加尔各答:移动电话运营商对负债累累的电信业可能推动财政救济措施来提高现金流,三个人知道告诉等。在他们的关键要求,电信运营商跨越GSM和CDMA技术平台可能会寻求缓解频谱规范加上90天付款期限扩展执照费和频谱使用费用支出减少财政压力,他们说。电信行业有超过十万的4.74卢比债券。
移动电话运营商也可能寻求一个全面降低监管成本和往下调整支付规则,这样的建议年底支付被允许根据实际收入四分之一而不是开始时的一段基于估计收入。
移动运营商可能会敦促政府诱导银行发放长期贷款20年的任期和探索重组现有贷款,人早些时候援引说。
电信运营商,学会了,很可能给政府写信寻求扩展频谱付款任期从10到18年,这将使移动运营商展开其airwavesrelated支付牌照的20年的任期内,包括为期两年的暂停。
“如果批准了,这将大大降低年度频谱bosost现金流和负债,这将使电信投资更多在数据网络和客户体验,它是不能做的,”一位高管领先的电信公司告诉等。
迹象表明,印度手机运营商协会(COAI)和协会统一印度的电信服务提供商(Auspi)可能向电信部门编写单独的字母。
COAI总干事Rajan马修斯和Auspi秘书长Ashok Sud没有对此事评论,直到将新闻的时间。
电信行业推动的紧急财政救援之际,顶级公司的净债务水平飙升后重数据频谱购买在过去的三年里,和资本投资。
调频杰的预算演讲后不久,COAI马修斯说,移动电话公司,电信行业的财务状况感到失望并没有解决。
市场领导者Bharti Airtel在12月当季的合并净债务是143.4亿美元,沃达丰印度站在35400卢比,这将由另一个20000卢比飙升如果延期付款购买最新的电视都占了。
第三大航空公司,知道细胞,然而第三季度收益报告,报告净债务亦36401卢比在2016年9月的季度。高光谱的趋势继续支付,导致更高的摊销成本,也已动用资本回报率(RoCE)电信公司。例如,旅馆的RoCE跌至12月季度的7.1%从一年前的8.6%。RoCE想法的顺序已缩小到9月季度的2.4%从2016年6月季度的4.1%。
合唱的财政救助后已经财政部长杰很大程度上忽略了该行业的主要要求在今年的预算,尤其是他不清理空气频段支付的税收待遇。
移动电话运营商也可能寻求一个全面降低监管成本和往下调整支付规则,这样的建议年底支付被允许根据实际收入四分之一而不是开始时的一段基于估计收入。
移动运营商可能会敦促政府诱导银行发放长期贷款20年的任期和探索重组现有贷款,人早些时候援引说。
电信运营商,学会了,很可能给政府写信寻求扩展频谱付款任期从10到18年,这将使移动运营商展开其airwavesrelated支付牌照的20年的任期内,包括为期两年的暂停。
“如果批准了,这将大大降低年度频谱bosost现金流和负债,这将使电信投资更多在数据网络和客户体验,它是不能做的,”一位高管领先的电信公司告诉等。
迹象表明,印度手机运营商协会(COAI)和协会统一印度的电信服务提供商(Auspi)可能向电信部门编写单独的字母。
COAI总干事Rajan马修斯和Auspi秘书长Ashok Sud没有对此事评论,直到将新闻的时间。
电信行业推动的紧急财政救援之际,顶级公司的净债务水平飙升后重数据频谱购买在过去的三年里,和资本投资。
调频杰的预算演讲后不久,COAI马修斯说,移动电话公司,电信行业的财务状况感到失望并没有解决。
市场领导者Bharti Airtel在12月当季的合并净债务是143.4亿美元,沃达丰印度站在35400卢比,这将由另一个20000卢比飙升如果延期付款购买最新的电视都占了。
第三大航空公司,知道细胞,然而第三季度收益报告,报告净债务亦36401卢比在2016年9月的季度。高光谱的趋势继续支付,导致更高的摊销成本,也已动用资本回报率(RoCE)电信公司。例如,旅馆的RoCE跌至12月季度的7.1%从一年前的8.6%。RoCE想法的顺序已缩小到9月季度的2.4%从2016年6月季度的4.1%。
合唱的财政救助后已经财政部长杰很大程度上忽略了该行业的主要要求在今年的预算,尤其是他不清理空气频段支付的税收待遇。
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