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<\/span><\/figcaption><\/figure>\n\n\n\n\n\n\n\n\n\n\n\n\n\nNEW DELHI: Mobile phone operators in India are struggling to get funds from multinational banks, overseas investors and wealth management companies for their infrastructure expansion plans, at a time when local lenders are wary of offering loans even for buying spectrum in the next auctions.

“Right now, they (local bankers) are not looking very favourably at the industry<\/a>… So, that is causing worry for foreign investors as well,” Rajan S Mathews<\/a>, director general of the Cellular Operators Association of India (COAI<\/a>), told ET.

COAI represents
Vodafone Idea<\/a>, Bharti Airtel<\/a> and Reliance Jio Infocomm, India’s three surviving private sector telecom operators.

Mathews said funds for the sector from local banks have “more or less dried up”. “Unfortunately, banks are going through the non-performing assets (resolution) process while other companies are having difficulty in servicing their debts. So, banks are not seeing any positive aspect (in the sector),” he said.

India’s telecom sector is weighed down by debt of more than Rs 7.5 lakh crore and is facing pressure on revenue, profits and cash flows owing to continuing price competition. Reliance Jio is the only operator making profits, as Bharti Airtel, Vodafone Idea and state-run Bharat Sanchar Nigam Ltd. and Mahanagar Telephone Nigam Ltd. (MTNL) are all posting losses. Two
telcos<\/a> – Reliance Communications and Aircel – are already in the midst of insolvency proceedings.

Mathews said the government’s recent move to reduce corporate tax rate will not help the telecom sector if the
industry<\/a>’s revenue concerns aren’t addressed, as majority of the players are grappling with losses.

The COAI chief told ET that telcos such as Bharti Airtel and Vodafone Idea are funding most of the capex through equity offerings. Both carriers recently raised Rs 25,000 crore each through their respective rights issues, and are also raising funds by selling stakes in units. Reliance Jio also plans to monetise its fibre assets to raise funds, having given up control of its tower assets to Brookfield recently.

Given the current situation, Mathews said, it is time for the government to give a “serious consideration” to addressing the financial problems of the industry.

The industry, which has Rs 35,000 crore locked in the goods and services tax (GST) regime, has been asking for a refund to reinvest in networks, a demand backed by telecom minister
Ravi Shankar Prasad<\/a> as well.

The telcos have also sought a reduction in the GST rate to 12% from 18%, but GST Council did not offer any relief in its recent meeting. Prasad has also backed the operators in their demand for reducing levies such as licence fees and spectrum usage charges as envisaged in the National Digital Communications Policy, 2018.



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外国投资者对印度电信公司回头

鉴于目前的形势,马修斯说,现在是时候政府为解决“认真考虑”行业的财务问题。

Muntazir阿巴斯
  • 更新2019年9月22日08:52点坚持
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士
新德里:印度手机运营商正在努力从跨国银行获得资金,海外投资者对基础设施和财富管理公司扩张计划,在当地银行提供贷款持谨慎态度甚至购买频谱在接下来的拍卖。

“现在,他们(当地银行家)不是很积极行业…所以,导致对外国投资者的担忧,“Rajan年代马修斯,印度手机运营商协会(COAI),告诉等。

COAI代表沃达丰的想法,Bharti Airtel和依赖Jio Infocomm,印度的三个幸存的私营电信运营商。

广告
Mathews说资金部门从当地银行“或多或少地枯竭”。“不幸的是,银行会通过不良资产(分辨率)过程在其他公司很难偿还他们的债务。因此,银行没有看到任何积极的方面(部门),”他说。

印度的电信业是背负着沉重的债务负担超过十万的7.5卢比的收入正面临压力,利润和现金流由于持续的价格竞争。依赖Jio是唯一的运营商盈利,Bharti Airtel,沃达丰的想法和国有Bharat Sanchar Nigam说有限公司和Mahanagar电话尼噶有限公司(MTNL)发布的损失。两个电信公司——信实电信和Aircel——已经处于破产程序。

马修斯说,政府最近搬到降低企业税率不会帮助电信部门如果行业的收入问题不解决,因为大多数的球员也面临着亏损。

COAI首席告诉ET,电信公司Bharti Airtel和沃达丰等想法通过股票发行融资大部分的资本支出。两家航空公司近期上调了25000卢比每通过各自的权利问题,并通过出售股权单位筹集资金。依赖Jio还计划货币化纤维资产筹集资金,有放弃控制塔资产最近布鲁克菲尔德。

广告
鉴于目前的形势,马修斯说,现在是时候政府为解决“认真考虑”行业的财务问题。

行业,35000卢比锁定在商品及服务税(GST)政权,已经要求退款在网络投资,要求电信部长的支持Ravi Shankar普拉萨德

电信公司也在寻求降低消费税税率从18%到12%,但是销售税委员会在最近的会议上没有提供任何救济。普拉萨德也支持运营商的需求减少等征收执照费和频谱使用费用作为国家数字通信政策设想,2018年。



  • 发布于2019年9月20日下午04:42坚持
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<\/span><\/figcaption><\/figure>\n\n\n\n\n\n\n\n\n\n\n\n\n\nNEW DELHI: Mobile phone operators in India are struggling to get funds from multinational banks, overseas investors and wealth management companies for their infrastructure expansion plans, at a time when local lenders are wary of offering loans even for buying spectrum in the next auctions.

“Right now, they (local bankers) are not looking very favourably at the industry<\/a>… So, that is causing worry for foreign investors as well,” Rajan S Mathews<\/a>, director general of the Cellular Operators Association of India (COAI<\/a>), told ET.

COAI represents
Vodafone Idea<\/a>, Bharti Airtel<\/a> and Reliance Jio Infocomm, India’s three surviving private sector telecom operators.

Mathews said funds for the sector from local banks have “more or less dried up”. “Unfortunately, banks are going through the non-performing assets (resolution) process while other companies are having difficulty in servicing their debts. So, banks are not seeing any positive aspect (in the sector),” he said.

India’s telecom sector is weighed down by debt of more than Rs 7.5 lakh crore and is facing pressure on revenue, profits and cash flows owing to continuing price competition. Reliance Jio is the only operator making profits, as Bharti Airtel, Vodafone Idea and state-run Bharat Sanchar Nigam Ltd. and Mahanagar Telephone Nigam Ltd. (MTNL) are all posting losses. Two
telcos<\/a> – Reliance Communications and Aircel – are already in the midst of insolvency proceedings.

Mathews said the government’s recent move to reduce corporate tax rate will not help the telecom sector if the
industry<\/a>’s revenue concerns aren’t addressed, as majority of the players are grappling with losses.

The COAI chief told ET that telcos such as Bharti Airtel and Vodafone Idea are funding most of the capex through equity offerings. Both carriers recently raised Rs 25,000 crore each through their respective rights issues, and are also raising funds by selling stakes in units. Reliance Jio also plans to monetise its fibre assets to raise funds, having given up control of its tower assets to Brookfield recently.

Given the current situation, Mathews said, it is time for the government to give a “serious consideration” to addressing the financial problems of the industry.

The industry, which has Rs 35,000 crore locked in the goods and services tax (GST) regime, has been asking for a refund to reinvest in networks, a demand backed by telecom minister
Ravi Shankar Prasad<\/a> as well.

The telcos have also sought a reduction in the GST rate to 12% from 18%, but GST Council did not offer any relief in its recent meeting. Prasad has also backed the operators in their demand for reducing levies such as licence fees and spectrum usage charges as envisaged in the National Digital Communications Policy, 2018.



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