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Indian telecom industry had been facing headwinds
#DigitalBusiness #Indiantelecomindustry #SunilMittal
Indian telecom industry facing headwinds
The telecom industry had been facing headwinds since the launch of services by Reliance Jio Infocomm Limited (RJIL) which manifested into decline in revenue and profit generation. Further, the Adjusted Gross Revenue (AGR) penalty added to the woes of the industry and has kept the debt levels elevated. Owing to these reasons, the financial position of Vodafone Idea Limited (VIL) has been deteriorating due to mounting losses and increasing debt levels. As per an ICRA note, this stress on VIL is likely to impact financial as well as other stakeholders and can impact the industry structure. It has been observed that as VIL owes Rs 23,400 crore to lenders and Rs 1,68,190 crore to government towards spectrum and AGR deferred dues as on June 30, 2021. Over the last 12 quarters starting Q2FY2019, VIL has been reporting sizable losses.
Further, with the addition of AGR liabilities, the debt has burgeoned to more than Rs 2 lakh crore as on June 30, 2021 (including lease liabilities). This, along with churn in the subscriber base, mostly stagnant 4G user base, and pressure on ARPU levels have kept the revenue and profit generation muted. As per ICRA, the most effective relief can come in the form of extension of moratorium on spectrum dues beyond FY2022, a move that could result in deferment of dues payable in FY2023 to the tune of Rs 32,000 crore for the industry, of which Rs 16,000 crore are VIL's. Moreover, reduction in the levies paid by telcos, namely license fee and spectrum usage charges can also lift the EBITDA. An estimation states, one per cent reduction in levies leads to annual saving of Rs 1,600 crore for the industry. VIL occupies 35% tenancy share and 36% revenue share. In a situation of VIL shutting down operations, 255 million subscribers of VIL to get impacted and tower companies will have to face a loss of these tenanബൈ VARINDIA| 75 വ്യൂസ് (വീക്ഷണത്തിന്റെ എണ്ണം)
The increasing threat to the supply chain from nation-state actors
#Hikvision #France #Visa
Supply Chain attacks – a concern
The pandemic has heightened the importance of the supply chain and the need to protect it from cybercrime. Supply chain attacks have long been a concern in cyber security circles as it can be difficult to enforce or prescribe cyber security measures for suppliers and partners. Secondly, there is high growth of ransomware in the education sector, which looks at the extent and impact of ransomware attacks on educational institutions worldwide during 2020 and continuing in 2021. Education, together with retail, faced the highest level of ransomware attacks during 2020, with 44% of organizations hit (compared to 37% across all industry sectors). For educational institutions, the financial impact of a ransomware attack in 2020 was crippling. The total bill for rectifying a ransomware attack in the education sector, considering downtime, people time, device cost, network cost, lost opportunity, ransom paid, and more, was, on average, $2.73 million – the highest across all sectors surveyed, and 48% above the global average.
The Sophos report states, over half (58%) of the education organizations hit by ransomware said the attackers had succeeded in encrypting their data and over a third (35%) of those with encrypted data gave in to the attackers’ demands and paid the ransom. Only the energy, oil/gas and utilities (43%), and local government (42%) sectors were more likely to pay and the average ransom payment was $1,12,435 (lower than the global average of $1,70,404) . However, those who paid recovered on average only around two-thirds (68%) of their data, leaving almost a third inaccessible; and just 11% got all their encrypted data back. Of those institutions that were not hit with ransomware last year (55% of respondents), the majority (61%) expect to be targeted in the future. The main reasons given for this are that cyberattacks are now so sophisticated (46%) andബൈ VARINDIA| 107 വ്യൂസ് (വീക്ഷണത്തിന്റെ എണ്ണം)
ഫീച്ചർ ചെയ്യപ്പെട്ടിട്ടുള്ളത് ചാനൽ
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Delhi IGI Airport Accident News: दिल्ली IGI एयरपोर्ट पर ड्रॉपिंग एरिया की छत गिरी, एक शख्स की मौत
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पहली बारिश में दिल्ली एयरपोर्ट का हाल बेहाल
टर्मिनल-1 की छत गिरी, हुआ भारी नुकसान
जद में आई कई गाड़ियां
हादसे में एक शख्स की गई जान
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Delhi IGI Airport Accident News: दिल्ली IGI एयरपोर्ट पर ड्रॉपिंग एरिया की छत गिरी, एक शख्स की मौतബൈ PunjabKesari TV| 1516 വ്യൂസ് (വീക്ഷണത്തിന്റെ എണ്ണം)
CII Celebrates India@75 - India's IT Journey@75
#DYK India is the largest #Software exporter in the world? As India completes #75yearsofIndependence, let's look at the country's IT journey over the last 75yrs.
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Special Briefing on the Visit of President of Maldives to India (August 02, 2022)
Special Briefing on the Visit of President of Maldives to India (August 02, 2022)ബൈ Ministry of External Affairs, India| 195828 വ്യൂസ് (വീക്ഷണത്തിന്റെ എണ്ണം)
Mrs India International Queen 2024: प्रतियोगिता में भोपाल की बेटी का दबदबा
INH, Mrs India International Queen 2024: प्रतियोगिता में भोपाल की बेटी का दबदबा
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Ayesha Khan Shoots For A Song In South | Video Goes Viral
Ayesha Khan Shoots For A Song In South | Video Goes Viral
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Innings of Wisdom: Untold Stories with Nilesh Kulkarni✨
Join us for an exclusive interview with former Indian cricketer Nilesh Kulkarni! In this tell-all conversation, Nilesh dives deep into his cricketing journey, sharing untold stories, insights, and experiences from his time on the field. Get ready to be entertained, inspired, and gain a deeper appreciation for the game we all love.
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Haryana Politics: Bhupender Hooda ने निकाली Kiran Choudhary की काट, BJP की बढ़ी टेंशन
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हरियाणा के सबसे बड़े जाट परिवारों में शुमार चौधरी बंसीलाल की बहू किरण चौधरी और उनकी बेटी का बीजेपी ज्वाइन करना कहीं ना कहीं प्रदेश कांग्रेस के लिए किसी बड़े झटके से कम नहीं है। हरियाणा में इन दिनों इस बात को लेकर खूब चर्चा है कि बीजेपी किरण चौधरी को राज्यसभा भेजने और श्रुति चौधरी को उनकी पारंपरागत तोशाम सीट से विधानसभा चुनाव लड़ाने की तैयारी में है। जब से कांग्रेस को इस बात की भनक लगी है तभी से भूपेंद्र सिंह हुड्डा के सामने सबसे बड़ी चुनौती तोशाम विधानसभा सीट पर किरण चौधरी का तोड़ निकालने को लेकर है।
Haryana Politics: Bhupender Hooda ने निकाली Kiran Choudhary की काट, BJP की बढ़ी टेंशन
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खबर फास्ट भारत का हिंदी न्यूज चैनल है । खबर फास्ट चैनल हरियाणा, हिमाचल प्रदेश, पंजाब, राजस्थान, उत्तर प्रदेश और हर एक राज्य से जुड़ी खबर से रुबरु कराता है । ख़बर फास्ट न्यूज चैनल राजनीति, मनोरंजन, बॉलीवुड, व्यापार और खेल में नवीनतम समाचारों को शामिल करता है। खबर फास्ट चैनल की लाइव खबरें एवं ताजा ब्रेकिंग अपडेट न्यूज, प्रोग्राम के लिए बने रहिए- टीवी चैनल्स, सोशल मीडिया (YOUTUBE, FACEBOOK, INSTAGRAM,TWITTER AND WEBSITE)
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