\"\" NEW DELHI: Credit rating agency ICRA<\/a> Thursday said that the telecom sector debt will rise to Rs 425,000 crore despite a modest participation of telecom service providers in the recently-concluded spectrum sale by the government.
\n
In a five-day
spectrum auction<\/a> concluded Thursday across 700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz, 2300Mhz and 2500 MHz bands, the government had put a total of 2354.55 Mhz of spectrum to invite bids from telcos, attracting Rs 65,789 crore worth bids leaving 60% of airwaves untouched.
\n
“Despite the modest participation, post the auctions, the debt levels of the
industry<\/a> would remain elevated at an estimated level of Rs 425,000 crore. We estimate the industry<\/a> debt\/OPBDITA to remain weak,” Harsh Jagnani<\/a>, VP – Corporate Ratings, ICRA<\/a> Limited said in a statement.
\n
\nThe firm attributed ‘limited financial flexibility’ of the industry, impacted by elevated debt levels, as a principal constraint for participation in the spectrum sale.
\n
\nThe government will however, receive Rs 32,000 crore as an upfront from successful bidders with rest amount over a period of 20 years as per auction terms.
\n
\nAccording to ICRA’s estimates, the consolidated debt level of the industry as on March 31, 2016 stood at around Rs 410,000 crore as against around Rs 290,000 crore as in March 2014.
\n
\nDelhi-based rating firm, however, said that the airwaves sales results were in line with its earlier estimates that attributed it to fetch Rs 60,000 to Rs 65,000 crore, with no interest in the 700 MHz band.
\n
\n“The
spectrum auction<\/a> results are in line with ICRA’s earlier estimates of Rs. 60,000 – 65,000 crore, with no interest in the 700 MHz band,” he said.
\n
\nThe government however anticipated to garner as much as Rs 5.67 lakh crore from the spectrum auction at the prescribed reserve price, but however fell much short of expectation with a mere 12% of final bid value.
\n
\nAll the seven participating operators gave a miss to the premium 700 Mhz band spectrum due to high-reserve price which was Rs 11,485 crore per Mhz and unavailability of device ecosystem.
\n
\n“The telcos who participated have acquired spectrum, with action focused in the supra 1 GHz bands due to relatively cheaper valuation. Spectrum acquisition for bolstering the data capabilities has been the theme of these auctions,” Jagnani added.\n\n<\/body>","next_sibling":[{"msid":54736607,"title":"LG Electronics offers discount coupons on select smartphones","entity_type":"ARTICLE","link":"\/news\/lg-electronics-offers-discount-coupons-on-select-smartphones\/54736607","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":54736932,"entity_type":"ARTICLE","title":"Industry debt to rise to Rs 425,000 crore after spectrum auction, warns ICRA","synopsis":"Credit rating agency ICRA Thursday said that the telecom sector debt will rise to Rs 425,000 crore","titleseo":"telecomnews\/industry-debt-to-rise-to-rs-425000-crore-after-spectrum-auction-warns-icra","status":"ACTIVE","authors":[{"author_name":"Muntazir Abbas","author_link":"\/author\/479234376\/muntazir-abbas","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479234376.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479234376,"author_name":"Muntazir Abbas","author_seo_name":"muntazir-abbas","designation":"Editor","agency":false}}],"analytics":{"comments":0,"views":105,"shares":0,"engagementtimems":385000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2016-10-07 17:09:00","lastupd":"2016-10-07 21:44:10","breadcrumbTags":["ICRA","spectrum auction","Harsh Jagnani","Airtel","Vodafone","industry","idea","spectrumauction2016"],"secinfo":{"seolocation":"telecomnews\/industry-debt-to-rise-to-rs-425000-crore-after-spectrum-auction-warns-icra"}}" data-authors="[" muntazir abbas"]" data-category-name="" data-category_id="" data-date="2016-10-07" data-index="article_1">

行业债务上升到425000卢比后频谱拍卖,。举行警告说“国际机器人与自动化会议

周四举行信用评级机构“国际机器人与自动化会议”说,电信部门债务将升至425000卢比

Muntazir阿巴斯
  • 更新2016年10月7日09:44点坚持
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新德里:信用评级机构ICRA周四表示,电信部门债务将升至425000卢比尽管温和的电信服务提供商参与由政府举行频谱出售。

在为期五天的频谱拍卖结论周四在700 Mhz、800 Mhz、900 Mhz、1800 Mhz、2100 Mhz、2300 Mhz和2500 Mhz频段,政府把总共2354.55 Mhz的频谱从电信公司邀请投标,吸引65789卢比价值报价60%的电视广播依然完好无损。

“尽管适度参与,把拍卖的债务水平行业将继续增加到大约425000卢比。我们估计的行业债务/ OPBDITA依然疲弱,”严厉的Jagnani副总裁-企业评级,ICRA有限公司在一份声明中说。

该公司认为“有限的财务灵活性”的行业,影响债务水平升高,作为参与的主要约束谱出售。

然而,政府将获得32000卢比作为前期从成功的投标人剩余数量在一段20年按拍卖条款。

的估计,举行据“国际机器人与自动化会议”行业的合并债务水平3月31日2016站在大约410000卢比,2014年3月对大约290000卢比。

然而,德里评级公司说,电视销售结果符合其早些时候估计,由于获取Rs 60000到65000卢比,700 MHz频带不感兴趣。

频谱拍卖的早些时候举行的结果符合“国际机器人与自动化会议”的估计,60000 - 65000卢比,700 MHz乐队不感兴趣,”他说。

然而政府预期获得高达十万的5.67卢比的频谱拍卖在规定的最低价格,但是不管多不及预期,只有12%的最终价值。

所有七个参与运营商错过了保险费700 Mhz频带谱由于高储备价格11485卢比/ Mhz,不可用的设备的生态系统。

“电信公司参与获得光谱,用行动集中在上1 GHz乐队由于估值相对便宜。光谱采集数据支持功能这些拍卖的主题,”Jagnani补充道。
  • 发布于2016年10月7日下午05:09坚持

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\"\" NEW DELHI: Credit rating agency ICRA<\/a> Thursday said that the telecom sector debt will rise to Rs 425,000 crore despite a modest participation of telecom service providers in the recently-concluded spectrum sale by the government.
\n
In a five-day
spectrum auction<\/a> concluded Thursday across 700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz, 2300Mhz and 2500 MHz bands, the government had put a total of 2354.55 Mhz of spectrum to invite bids from telcos, attracting Rs 65,789 crore worth bids leaving 60% of airwaves untouched.
\n
“Despite the modest participation, post the auctions, the debt levels of the
industry<\/a> would remain elevated at an estimated level of Rs 425,000 crore. We estimate the industry<\/a> debt\/OPBDITA to remain weak,” Harsh Jagnani<\/a>, VP – Corporate Ratings, ICRA<\/a> Limited said in a statement.
\n
\nThe firm attributed ‘limited financial flexibility’ of the industry, impacted by elevated debt levels, as a principal constraint for participation in the spectrum sale.
\n
\nThe government will however, receive Rs 32,000 crore as an upfront from successful bidders with rest amount over a period of 20 years as per auction terms.
\n
\nAccording to ICRA’s estimates, the consolidated debt level of the industry as on March 31, 2016 stood at around Rs 410,000 crore as against around Rs 290,000 crore as in March 2014.
\n
\nDelhi-based rating firm, however, said that the airwaves sales results were in line with its earlier estimates that attributed it to fetch Rs 60,000 to Rs 65,000 crore, with no interest in the 700 MHz band.
\n
\n“The
spectrum auction<\/a> results are in line with ICRA’s earlier estimates of Rs. 60,000 – 65,000 crore, with no interest in the 700 MHz band,” he said.
\n
\nThe government however anticipated to garner as much as Rs 5.67 lakh crore from the spectrum auction at the prescribed reserve price, but however fell much short of expectation with a mere 12% of final bid value.
\n
\nAll the seven participating operators gave a miss to the premium 700 Mhz band spectrum due to high-reserve price which was Rs 11,485 crore per Mhz and unavailability of device ecosystem.
\n
\n“The telcos who participated have acquired spectrum, with action focused in the supra 1 GHz bands due to relatively cheaper valuation. Spectrum acquisition for bolstering the data capabilities has been the theme of these auctions,” Jagnani added.\n\n<\/body>","next_sibling":[{"msid":54736607,"title":"LG Electronics offers discount coupons on select smartphones","entity_type":"ARTICLE","link":"\/news\/lg-electronics-offers-discount-coupons-on-select-smartphones\/54736607","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":54736932,"entity_type":"ARTICLE","title":"Industry debt to rise to Rs 425,000 crore after spectrum auction, warns ICRA","synopsis":"Credit rating agency ICRA Thursday said that the telecom sector debt will rise to Rs 425,000 crore","titleseo":"telecomnews\/industry-debt-to-rise-to-rs-425000-crore-after-spectrum-auction-warns-icra","status":"ACTIVE","authors":[{"author_name":"Muntazir Abbas","author_link":"\/author\/479234376\/muntazir-abbas","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479234376.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":479234376,"author_name":"Muntazir Abbas","author_seo_name":"muntazir-abbas","designation":"Editor","agency":false}}],"analytics":{"comments":0,"views":105,"shares":0,"engagementtimems":385000},"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2016-10-07 17:09:00","lastupd":"2016-10-07 21:44:10","breadcrumbTags":["ICRA","spectrum auction","Harsh Jagnani","Airtel","Vodafone","industry","idea","spectrumauction2016"],"secinfo":{"seolocation":"telecomnews\/industry-debt-to-rise-to-rs-425000-crore-after-spectrum-auction-warns-icra"}}" data-news_link="//www.iser-br.com/news/industry-debt-to-rise-to-rs-425000-crore-after-spectrum-auction-warns-icra/54736932">