The government is believed to have issued instructions to mobile service providers like Bharti Airtel, Reliance and Vodafone not to route certain Blackberry services unless the required monitoring system was put in place.According to officials in the Department of Telecom (DoT), Blackberry licensor Research-in-Motion (RIM) has sought time till April 18 to address issues raised by it relating to lawful interception of content sent through Blackberry device.
The FPI holding in India's top 100 companies, which are part of the Nifty 100 index, declined to 24.23 per cent on average at the end of March this year, from a high of 27.5 per cent at the end of March 2021. This is the lowest FPI holdings in India's top listed companies in at least three years. A general sell-off by FPIs has weighed on stock prices and the benchmark S&P BSE Sensex is down 8.5 per cent, from its 52-week high made in October 2021. Most analysts expect FPI flows to remain weak in FY23 as well, given rising bond yields in the US and an expected earnings slowdown in India due to high inflation and commodity prices.
Successful bidders will have to pay 25 per cent of the amount upfront for sub 1 GHz, and 50 per cent upfront for higher frequency bands.
Consumers can expect a 5G launch in the country soon. Telecom companies (telcos) say if auctions take place on time - the target is July - they would be able to offer some services in a few cities by the end of this year and a full roll-out from 2023. But the question is: will 5G turn the tables for telcos financially? Will average revenue per user (ARPU) improve? Will mobile consumers upgrade to 5G quickly and pay more? Will the expanded functions that 5G enables drum up sufficient revenues? In simple terms, will telcos make more money?
Telcos may hike mobile rates to recover spectrum cost: Moody's
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Here are 9 hot gadgets worth drooling over: Apple iPhone 4G, Nokia X2, Asus U43Jc Bamboo Collection notebook, Lenovo Y-series notebooks, Apple 27-inch LED Display, Fujifilm Finepix S1800, Toshiba Portege T210, Samsung Floor Standing ACs and Moser Baer MP565-2G MP3 player. Enjoy!
Although the industry is disappointed with the government decision not to lower spectrum prices at a time telcos are saddled with over Rs 4-trillion debt and an estimated Rs 1.43-trillion licence fee dues, the DCC has relaxed the payment structure to offer some relief to the financially stressed sector.
USAID looks forward to working with each to make financial inclusion a long-lasting and sustainable reality in India.
The department of telecom (DoT) on Friday announced a set of rules for granting telecom licences and allocating spectrum that is likely to impact GSM-technology service providers like Bharti Airtel and Vodafone Essar, among others.
Come September, the company will launch its Time Travel -- Journey 1 album with Sonu Nigam to be released on Nokia's 5130
The market valuation of Reliance Industries, the country's most valued firm, is fast nearing the Rs 10 lakh crore mark, surpassing British energy major BP Plc.
Reliance Telecom and Bharti Airtel have entered the second round of qualifying process for a GSM-based mobile license in Qatar that the Gulf country plans to award by October this year.
A total of 41 companies had applied for the permit
GSM operators (excluding Reliance Telecom) in the country added 6.3 million subscribers in August, taking the total number of users to 225.6 million. In July, the total GSM subscriber base in the country was 219.30 million.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
When it comes to the number of phone bill disputes, Vodafone, Idea Cellular, BSNL and Aircel were high on the list in several service areas during the quarter ended June.
India Inc's quarterly net profit reached a record high of Rs 1.64 trillion in the third quarter ended December 31, 2020, mainly due to gains from higher commodity prices and a big swing in banks' earnings. The combined net profit of 3,323 listed companies that have declared results so far was up 68.6 per cent year-on-year (YoY). In comparison, earnings were up six times (534 per cent) in the second quarter and 6.5 per cent in the corresponding period last year.
A week after Apple began selling iPhone in India, experts believe that the iconic phone is ready to become cheaper by more than 15 per cent to boost sales in the world's fastest-growing mobile phone market.
A lot of hype has been generated ahead of the launch of iPhone, which would be available at Rs 31,000 a piece for the 8Gb memory model and Rs 36,100 for 16GB from the stroke of midnight on Thursday. Leading service providers Vodafone-Essar and Bharti Airtel, who have been accepting bookings from customers, have said the response has been extremely good.
Revenue decline has left the operators with little money to service their mostly 3G and partly 4G infrastructure leading to poor data and voice quality.
Analysts expect structural risks such as risk to voice revenues, steep correction in data realisations, capex spend and rise in churn and subsequent increase in costs to continue in the medium term
The profit boost for studios will in large part be driven by the rush for local-language content from platforms like Netflix Inc
Telenor Financial Services, IDFC Bank and Sun Pharma's Dilip Shanghvi have decided to withdraw their licence to set up a payments bank.
Global pilot project set to revolutionise remittances.
GSM industry's subscribers base has added 6.19 million users in January 2008, taking their total mobile subscriber base to 178.4 million.
Sensex ended above 26,000 led by telecom shares amid TRAI's spectrum sharing norms.
Lawyers representing govt point out that telcos, because of the large money they can save if they get a favourable judgement, prefer to fight till all legal options are exhausted
The temptation to get into businesses that are hot is perhaps too great for any politician, no matter what his public slogans are. Nehru plunged into hot sectors of his time -- engineering and iron and steel. Modi has plunged into digital payments -- the hot sector of his time, notes Debashis Basu.
Funds will be raised via non-cumulative preference shares issued to Tata Sons on rights basis
Mobile phone service providers alone jointly reported gross revenue of Rs 55,164.18 crore (RS 551.64 billion).
The interconnection charge has been reduced.
Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
According to the CEO of an Indian group with presence in the telecom segment and two merchant bankers, the Mexico-headquartered telco's bankers have been sounded out for preliminary discussions with leading Indian telecom companies for a strategic tie-up.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Several factors have held India back. One is DoT policy somersaults and lack of clarity on whether to or not to ban Chinese gear makers.
Spectrum auction ends, brings Rs 1.09 tln to govt kitty.
Billionaire Mukesh Ambani on Tuesday hinted at rolling out 5G telecom services in the second half of 2021 and said policy steps are needed to accelerate the early rollout of ultra-high-speed 5G services that are affordable and available everywhere. Ambani, whose four-year-old telecom venture Jio has captured the No.1 spot offering free voice calling and data at dirt-cheap rates, also pitched for developing hardware manufacturing in India, saying the nation cannot rely on imports in such a critical area. 5G is the 5th generation mobile network that enables connecting virtually everyone and everything together including machines, objects, and devices. India, he said, is today among the best digitally connected nations in the world.
SBI will hold 30 per cent in RIL joint venture