The government on Tuesday said it would require about Rs 300,000 crore (Rs 3000 billion) of investment for the equipment to roll out broadband services and 150 million new telephone lines over the next three years.
Billionaire Mukesh Ambani's Reliance Industries Ltd (RIL) has seen pre-tax profit recover to pre-pandemic levels on the back of continued growth in consumer businesses, Moody's Investors Service said on Monday. The oil-to-retail-to-telecom behemoth on Friday reported a 0.7 per cent Ebitda (earnings before interest, tax and depreciation and amortisation) growth for the quarter ended December 31, 2020, compared with the corresponding quarter in the previous year. "A strong performance in digital services and retail segments underpinned the improvement in consolidated earnings, a credit positive," Moody's said commenting on the earnings. Continued growth in earnings combined with the company's strong balance sheet with zero net debt on a reported basis will keep Reliance's credit metrics strong for its Baa2 rating over the next 12-18 months, it said.
On the heels of a highly successful 3G spectrum auction, the telecom regulator Trai on Thursday said it plans to bring out the recommendations on the fourth generation (4G) technology or ultra-broadband by the end of the year.
India's second-largest telecom firm Bharti Airtel on Tuesday reported a net profit of Rs 1,134 crore for the September 2021 quarter, and said it is witnessing strong business momentum with growth in 4G customers and increase in mobile ARPU. This is against a loss (attributable to owners of the parent) of 763.2 crore during the year-ago quarter, the company said in a statement. Its consolidated revenues for the second quarter of FY21 stood at Rs 28,326.4 crore, up 18.8 per cent year-on-year (on a comparable basis) and 13 per cent y-o-y on a reported basis, it added.
The government on Tuesday exuded confidence that revenues from sale of spectrum for 3G telephony and broadband may touch Rs 50,000-55,000 crore (Rs 500-550 billion), beating the budget estimates of Rs 35,000 crore (Rs 350 billion).
Normal life remained paralysed for the 37th consecutive day due to curfew, restrictions and separatist sponsored strike.
To cement India's position as a preferred global outsourcing destination, the government on Wednesday liberalised guidelines for voice-based BPOs removing the distinction between domestic and international units as well as permitting interconnectivity between all types of OSP centres. Broadly, the rules would allow global companies, say an airline, with a voice-based centre in India to now serve global and domestic customers with common telecom resources, something that required dedicated, separate infrastructure previously. Moreover, the restrictions on data interconnectivity between any BPO (business process outsourcing) centre of the same company, a group company or any unrelated company has been done away with, allowing for massive flexibility in resource management for BPO operations.
Telecom major Reliance Communications on Thursday launched what the company said would be the fastest wireless internet service in the country to date.
BSNL will use the investment for mobile expansion and for services like 3G, broadband, wireless broadband, IPTV, WiMAX, mobile commerce (m-commerce), value-added landline, Enterprise Resource Planning and others.
The security personnel deployed to maintain law and order stayed put even as restrictions were lifted from most areas of the valley.
The government has issued an advisory to mobile operator Bharti Airtel to document properly all its telecom connections, including broadband.
A new board has been constituted for the merged entity 'Vodafone Idea Ltd' with 12 directors (including six independent directors) and Kumar Mangalam Birla as its Chairman. The board has appointed Balesh Sharma as the CEO, the companies said in a joint statement. The combination will have an all-India revenue market share of 32.2 per cent and take the numero uno slot in nine telecom circles, it said adding that both Vodafone and Idea brands will continue.
Jio is planning to win over 350 million 2G feature phone users by launching a smartphone at a fraction of the current cost.
The amount is much higher than the earlier target of up to Rs 35,000 crore (Rs 350 billion).
MTNL intends to allow one successful bidder each in its licensed area of Delhi and Mumbai for the deployment and operation of its Wi-Max system on exclusive, revenue-sharing basis. The network proposed to be deployed should provide fully converged broadband data and voice services such as access to internet, VPN clients, QoS to individual subscribers and cell support video conferencing, the PSU in said its global expression-of-interest notice.
Bharti Airtel on Monday launched its Internet Protocol Television (IPTV) service, becoming the first private player to offer the service in the country.
The jury is still out whether the GST will lower or increase your monthly budget, says Priya Nair.
Appropriate policies will increase connectivity much more than spectrum auctions, says Shyam Ponappa.
DoT and the company have not done anything that breached the guidelines mentioned in the notice inviting applications for the auction of the BWA spectrum in 2010, it stated in a reply to CAG's draft audit report.
The Airtel Net PC is a plug-and-play online computer, inclusive of a 15-inch LCD monitor, keyboard, mouse and Nivio companion (which enables the PC to connect to a backend Linux-run server for storage and applications) and priced at Rs 7,999 exclusively for Airtel broadband customers.
'Working from home is stressful as there is a blur between personal and professional space.' 'We should not overdo the follow up and checking.'
Weighing about 5,854 kg, GSAT-11 would play a vital role in providing broadband services across the country, and also provide a platform to demonstrate new generation applications.
'We always believe that if you focus on the goal, you will overcome all obstacles. If you focus on the obstacles, you will never achieve your goal.'
On Monday, Ambani had said the Reliance group was open to join hands with Bharti Airtel for improving telecom network for 4G services in Punjab.
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On May 24, 2012, Bharti Airtel and Qualcomm announced an agreement under which Bharti had acquired 49 per cent interest in Qualcomm AP's India entities with licences to offer 4G data services in four circles of Delhi, Mumbai, Haryana and Kerala.
An army official said they were collecting details about the incident and will soon issue a statement.
Iqara Broadband, part of United Kingdom energy major BG Group Plc, expects its broadband Internet services in India to guide the firm's growth in the new thrust area of telecom, a senior company official said on Monday.
The company launched the smartphone as part of its great online shopping festival, that will take place from December 10-12.
As per the initial version of the Unified Licence on August 2, DoT had exempted Internet services revenue from adjusted gross revenue -- part of telecom company's earnings on which annual licence fee is levied.
The Gujarat government's health department has announced an e-medicine scheme for rural areas. The programme entails offering online and telemedicine facilities to villagers. The department will install web cameras and other infrastructure for distant diagnosis. Of the total plan outlay in the state budget for 2008-09, 4 per cent is for the health sector. The state is also encouraging medical practitioners to set up clinics in certain identified blocks in rural areas.
Tata Communications unveils an ambitious plan to become global leader in wireless broadband by launching the world's largest commercial network
Apart from the embarrassment, these "crazy blogs" - as companies term them - force India Inc to spend crores of rupees to repair the damage.
Finnish telecom firm Nokia on Wednesday said it demonstrated a record 4G speed that enables a high-definition movie to be downloaded in only 11 seconds.
Mukesh Ambani said the Digital India initiative has the potential to transform the lives of 1.2 billion Indians using the power of digital technology.
Addressing Reliance Industries'40th Annual General Meeting (AGM) on Wednesday, Reliance Chairman Mukesh Ambani said the company will invest Rs 1,80,000 crore in next three years.
With this acquisition, Airtel will be second company, after Reliance Jio, in the country to have pan-India presence in 2300 Mhz band
Reliance had already invested Rs 3,900 crore in the state.
Over a third of Ambani's speech was focussed on RIL's plans.
IBM announces 'Cell Broadband Engine' contest for students across the globe.
