Farooqui will have a 15 month tenure at the helm of the Department of Telecom before he attains superannuation age of 60 years in June 2014.
Companies such as Tata Sons and Bharti Telecom, which are unlisted but have listed subsidiaries, may soon have to file periodic financial statements with the registrar of companies under the new provision of the Companies Act. The provision requires greater financial disclosures by a certain category of unlisted companies.
Prasad asked private operators to play a role in skill development.
Department of telecommunication and intelligence agencies have long been demanding access to data on Blackberry phones, which is available only to the owners of the handset. RIM executives had met senior DoT officials recently.
Telecom sector has seen phenomenal growth over the past decade or so, says the prime minister.
The government has lost Rs 2,000 crore (Rs 20 billion) in just over a month after 1,300 group A officers, who constitute the top management and technical cadre in telecom giants BSNL and MTNL, rejected the ''inferior'' absorption offer.
The government plans to remove the definition of broadcasting services altogether from the bill to help reduce confusion among stakeholders.
The recommendations of the commission will now be put before the empowered group of ministers headed by Finance Minister P Chidambaram for a final decision.
This decision was taken at Executive Council meeting of National Association of Software and Service Companies held in Pune.
Reliance Jio Infocomm has moved the Bombay High Court seeking approval for amalgamating its long distance services arm Infotel with itself.
The much-awaited guidelines on foreign direct investment in telecom are expected to be notified this month with companies likely to be given a maximum of four months
The Department of Telecommunications (DoT) has significantly tightened the noose on mergers among telecom operators within a circle by imposing a three-year lock-in period, besides making it mandatory for them to take prior permission from the ministry.
The DoT estimates that it will receive Rs 29,524 cr in revenue from the telecom industry in FY18, which is 38% less than the Budget revenue target of Rs 47,300 cr for FY18
Pointing out to the 133-acre Dhirubhai Ambani Knowledge City on the outskirts of the financial capital, he said there is huge realty play opportunity that RCom's erstwhile corporate headquarters possesses, and pegged the potential value creation at the site at Rs 25,000 crore.
A senior official in the Telecom Ministry said the government is considering an exit option for the new telecom players who are struggling to roll out services.
The bulk of this money will, however, be spent on buying imported equipment, mainly from Europe and China.
The department of telecommunications, in the draft universal licence guidelines to be signed with telcos which recently won spectrum in the 1800 MHz auction of November, has included a new clause for foreign companies.
Two regional CDMA players - HFCL in Punjab and Shyam Telecom in Rajasthan - have deposited fee for their GSM spectrum as per the dual technology permitted by the government. HFCL deposited Rs 151.75 crore (Rs 1.51 billion) for Punjab circle, while Shyam gave about Rs 32 crore for the Rajasthan circle.
This fresh case pertains to the tax assessment done by the I-T department for the year 2009-10.
The directive by the department of telecommunication has also made it mandatory for equipment vendors to transfer technology to Indian manufacturers within three years of selling machines to any operator.
DoT's proposal to impact many, including Vodafone
Telecom operators will need to shut down 5G services in high-frequency bands in and around airports following restrictions imposed by the Department of Telecom at the request of the civil aviation ministry, according to sources. Based on buffer and safety zone details provided by the aviation ministry, the DoT has asked telecom operators to not install 5G base stations in the 3.3-3.6 Ghz band in the area of 2.1 kilometres from both ends of the runway and 910 meters from the centre line of the runway of Indian airports with immediate effect. "Telecom operators will need to shut down 5G service in the 3.3-3.6 Ghz band only in and around airports based on the order.
Electronics major has tied up with Reliance Comm and Tata Tele.
An attempt is to be made over the next month to get over the opposition of staff unions to the Pitroda Committee recommendations on the revamp of Bharat Sanchar Nigam Ltd (BSNL), the state telecom network outside Mumbai and Delhi.
Leading service provider Spice Telecom has said consumer must be given competitive choices to choose from and number of telecom players in a circle cannot be an issue.
'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'
All hell broke loose after the publication of the tapes, recorded by the Revenue Intelligence department between 2008-09, and the Opposition brought Parliament to a grinding halt demanding a certain probe.
Vodafone Idea on Monday paid Rs 2,500 crore to DoT and promised to pay another Rs 1,000 crore before the end of the week.
13 companies have submitted more than 230 applications for telecom licences and most of these are for a pan-India UASL. DLF and Omaxe join other real estate firms Indiabulls Real Estate, Unitech and Parsvnath Developers to apply for telecom licence.
Globally, the focus has moved back to India, especially in terms of telecom assets. Vodafone Idea, with some 300 million customers, continues to be attractive with shares available at a low price.
The government has issued an advisory to mobile operator Bharti Airtel to document properly all its telecom connections, including broadband.
State-owned power company PowerGrid Corporation Limited has been awarded the national long distance (NLD) license by the department of telecom for its proposed foray into the telecom business.\n\n
The total incentive outgo under the ambitious production-linked incentive (PLI) scheme is estimated to be less than Rs. 40,000 crore by the fiscal year 2024-25 (FY25), when it completes the fourth year of implementation, according to the government's internal estimates. This means only a fourth of the allocated Rs 1.97 trillion is expected to be utilised by the end of FY24, indicating that not all the 14 PLI schemes would have taken off fully. While three of the 14 schemes - large-scale electronics manufacturing, bulk drugs, and medical devices - were introduced in 2020, the remaining were launched the following year.
Telecom operators will have to pay a penalty and immediately de-activate a pre-paid mobile connection if they fail to follow the new norms issued by the government to strengthen the subscriber verification system.
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