Telecom
28 recent notes from companies in this sector. 9 companies tracked.
Indus Towers Q1 profit flat; CFO exit adds uncertainty
Revenue rose 4.6% to ₹8,431 cr but net profit barely moved. CFO Vikas Poddar resigns with no successor. Africa rollout set for Q2.
Tata Communications, TTBS target SMBs with joint AI platform
The partnership bundles Tata Communications' Voice AI with TTBS's SMB reach, but no revenue targets disclosed.
TTML, Tata Comm partner on AI for SMBs, no figures disclosed
The collaboration combines Tata Communications' AI and cloud with TTML's SMB network, but lacks financial terms or revenue targets. TTML's negative net worth of ₹20,000 cr and going-concern dependence on Tata Sons raise questions.
Indus Towers CFO resigns; delayed disclosure surprises market
Vikas Poddar quit on May 21, announced only with Q1 earnings on July 10. Steady results overshadowed by management uncertainty.
Indus Towers Q1: Revenue up 4.6%, profit barely moves
Steady growth in tower base and co-locations, but net profit rises just 0.5% as provisions and supply chain disruptions linger. Africa rollouts remain on track for later 2026.
Indus Towers Q1 profit flat; costs eat revenue growth
Revenue rose 4.6% to ₹84,311 million, but net profit was almost flat at ₹17,458 million. Power and fuel expenses pushed total costs to ₹39,103 million. Large customer still pays, but no revenue equalisation income is booked.
Indus Towers Q1 profit flat; provisions for large customer persist
Revenue grew 4.6% to ₹84,311 mn but net profit barely changed at ₹17,458 mn. A ₹233 mn provision for doubtful debts shows the large customer's financial condition still overhangs.
Hathway Cable Q1 profit doubles QoQ but cable TV still bleeds
Net profit at ₹24.56 cr vs ₹11.25 cr last quarter; revenue edges up to ₹565 cr. Investment income props up results; DoT's ₹3,201.93 cr demand remains a contingent liability.
Hathway's Q1 profit jumps QoQ but lags year-ago level
Net profit of ₹24.56 cr more than doubles from ₹11.25 cr in March quarter; revenue rises to ₹565.10 cr. Cable TV losses persist, broadband barely profitable, DoT liability remains overhang.
Indus Towers appoints Airtel B2B finance chief as CFO
Abhishek Maheshwari, a chartered accountant with 21 years of experience, will take over as CFO effective August 19, 2026, a routine leadership move.
Tata Communications installs new CTO, cloud chief in leadership reshuffle
CTO Genius Wong resigns; Rupesh Chokshi from Akamai takes over as CTO and network services head; Vivek Srivastava from Fortinet leads cloud and cyber security.
Tata Comms bets $152M on two India-Singapore subsea cables
The investment equals 2.2% of market cap and is funded internally; the first cable won't be ready until late fiscal 2027, limiting near-term impact.
CGST penalty on Tata Teleservices slashed to ₹7.57 cr; company to contest
The Commissioner reduced the penalty from ₹36.14 crore for alleged Cenvat credit irregularities during FY2009-12. The company disagrees and will appeal.
Steelman Telecom seeks ₹50 cr via preferential issue, 77% of market cap
The board will meet on June 29 to consider a preferential issue that would raise funds equal to over three-quarters of the company's current valuation. The move could signal a strategic shift for the nano-cap telecom firm.
Airtel loses Connected Homes CEO to Singtel group
Siddharth Sharma, who oversaw home broadband and marketing, steps down effective July 19. His move to a competitor raises succession questions.
Bharti Hexacom clears a ₹473.7 crore demand from the telecom department
The Bombay High Court quashed a one-time spectrum charge on its Rajasthan and North East circles, removing a liability first flagged in 2013.
Bombay High Court throws out ₹8,414 cr DoT demand on Airtel
A decade-old contingent liability is gone. The court set aside the entire one-time spectrum charge, including ₹473.7 crore tied to subsidiary Bharti Hexacom.
Vodafone Idea wins ₹2,113 crore spectrum charge fight
Bombay High Court quashed a 2012 demand for spectrum charges and ordered the return of bank guarantees.
Tata Communications' New Delhi data centre catches fire, operations continue
A fire at a leased data centre in New Delhi was controlled this morning with no casualties. Business continuity plans are active, and the company says customer impact is being minimized.
Steelman's ₹9 cr standalone profit vanishes in the consolidated loss.
A ₹9.17 cr parent profit turns into an ₹8.51 cr group loss, wiped out by a single subsidiary's ₹19.08 cr shortfall.
Steelman Telecom's FY26 books are clean. No dividend, no surprises.
Annual results carry a clean audit opinion. The board skipped a dividend, which is standard for a small reinvesting company.
Shyam Telecom has zero revenue, a going-concern flag, and negative net worth.
The auditor flagged material uncertainty over the company's ability to continue. Current liabilities of ₹4,549.50 lakhs exceed current assets of ₹74.36 lakhs.
Shyam Telecom auditor flags survival doubt after full-year zero revenue
The company's net worth has turned negative, and the auditor has flagged material uncertainty over its ability to continue.
Vodafone Idea settles AGR at ₹64,046 cr, books ₹57,491 cr gain
The company has finalised the tax dispute, cleared the path for a ₹45,000 crore capex plan, and locked in ₹4,730 crore from its promoter.
Mehul Telecom posts 73% revenue growth. But the numbers are already out.
Audited FY26 results are a compliance formality for a nano-cap that already reported the growth.
MTNL reports another ₹3,102.94 crore annual loss as net worth stays negative
The state-owned telco remains technically insolvent, with its auditor maintaining a long-standing adverse opinion on the company's books.
Airtel Q4 transcript: pricing 'broken', Africa deal on track
Transcript adds management color on Africa swap, NBFC approval, data centers; no new numbers beyond prior concall summary.
Bharti Hexacom's Q4 FY26 transcript offers nothing new
The earnings call transcript adds no incremental price-sensitive information beyond what was already disclosed in prior earnings release and concall summary.