Swedish telecom equipment supplier Ericsson on Monday announced setting up a R&D centre in Chennai and an investment of $100 million to upgrade the manufacturing facility in India.
"In the days to follow, we will be rolling out an aggressive marketing campaign to support the launch of these products and to allow consumers to experience these products."
Bharat Sanchar Nigam Limited said on Friday it would seek a lower price from vendors Ericsson and Nokia ahead of awarding them an estimated $4.8 billion contract for adding 45 million GSM lines to its network.
Bharti Airtel has awarded Swedish telecom vendor Ericsson a $1 billion (about Rs 4500 crore or Rs 45 billion) contract extending over three years.
Swedish telecom network supplier Ericsson on Monday said it would invest over Rs 200 crore (Rs 2 billion) in the next 2-3 years to manufacture Base Stations in India, promising huge savings in the operational and capital expenditure of mobile operato
Swedish telecom equipment major Ericsson said the company would invest $100 million in India every year.
Ericsson has three global delivery centres (apart from India) in Romania, China and Mexico and has more than 45,000 people in this unit.
The project, named Gramjyoti, has been launched in the eastern coast of Tamil Nadu in partnership with four other companies and a non-government organization.
The R&D centre would come up at Chennai, the company said.
Swedish telecom major Ericsson has expanded its research and development activities in Chennai by opening a new facility.
Former world number one Gustavo Kuerten lost 6-1 7-5 to Frenchman Sebastien Grosjean on Wednesday in his last appearance at the Sony Ericsson Open. The Brazilian, plagued by a long time hip injury but granted a wildcard into the Miami draw, has said he will retire after this year's French Open starting in May unless he receives a wildcard into the Olympic Games in Beijing in August.
A three-member committee, members of which were not a part of BSNL's original tender evaluation committee, will submit its report by Monday for the board to evaluate.
Ericsson to manage day-to-day ops across wireline and wireless network.
Leander Paes and his partner Lukas Dlouhy breezed past Spaniards Nicolas Almagro and Tommy Robredo to storm into the Sony Ericsson Open doubles final in Miami.
Telecommunications firm Ericsson AB will slash about 5,000 jobs as part of its cost cutting initiatives even as it reported a substantial fall in net income for the fourth quarter ended December 31, 2008.
Communications Minister A Raja has raised objections.
These vendors will plan, design, deploy and maintain 3G-HSPA (third generation, high speed packet access) networks in 13 telecom circles where the company has won 3G licences, Bharti Airtel said in a statement.
A move by Swedish telecom major Ericsson, the main implementation partner for Bharat Sanchar Nigam's (BSNL) disaster recovery (DR) program, to replace Sun Microsystems and EMC Corporation storage solutions with Hewlett-Packard (HP) products has kicked up a controversy.
GTL has set up a special purpose vehicle -- GTL M&A Services -- through which it will provide services like engineering, operation and management, designing and building of network infrastructure. The company would provide remote network managed services from India.
Delhi high court had last week stayed BSNL to award the contract till the next hearing, but had allowed the public sector company to continue with the evaluation process.
Swedish telecom equipment giant, Ericsson, on Tuesday committed $100 million annually in India for years to come as the country was an important market for them with potential.
State-run BSNL is likely to place a Rs 20,000 crore (Rs 200 billion) mobile telephony order with the two winners of the contract - Ericsson and Nokia - by second week of May to increase the capacity of its network.
Mobile phone maker Sony Ericsson is planning to shift a part of its research and development to India.
With Chinese companies Huawei and ZTE excluded from participating in the 5G roll out, their absence leaves a vacuum in the market which will have to be filled by three vendors: Ericsson, Nokia and Samsung.
More than 100 million users with 5G-ready smartphones wish to upgrade to a 5G subscription in 2023 while a majority of them are open to adopting a higher data-tiered plan in the next 12 months, a report by Ericsson Consumer Lab has shown. Titled "Promise of 5G in India", the study carried out in the second quarter this year reflects the views of 300 million urban smartphone users. According to the study, consumer 5G readiness remains one of the highest in the world.
Reliance Jio has sent a second legal opinion to the Telecom Regulatory Authority of India (Trai) on the subject of the potential allocation of satellite spectrum. The letter is written by retired Supreme Court Justice L Nageshwara Rao and argues in favour of auctions, stating that any other method for allocating spectrum apart from auctions could be constitutionally unsound. Business Standard has reviewed the letter.
Reliance Industries (RIL's) annual report released on Sunday highlighted the company's focus on new energy solutions, with chairman and managing director (MD) Mukesh Ambani stating that the age of fossil fuels will not continue much longer. RIL has sought shareholders' approval to give Ambani another five-year term as MD till 2029 at nil salary. The recently demerged Jio Financial Services, which "will leverage the prowess of digital and retail businesses", was expected to be listed soon.
Telecom gear makers, who are in talks with telcos, say that if all goes well, they are ready to roll out the first phase of 5G services from October this year and cover the country's top 30-50 cities (in limited areas) by March 2023. The gear makers expect the telecom companies to give them a heads-up about their plans as well as the equipment required by July, and have promised deployment in three to four months after that. India's main telecom gear suppliers are Nokia, Ericsson and Samsung.
The government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services.
Telecom operator Bharti Airtel will start rolling out 5G services later this month as it signed requisite agreements with Ericsson, Nokia and Samsung. At the recently held much-awaited spectrum auction for 5G services by the Department of Telecom, Airtel bid for and acquired 19867.8 MHZ spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz, and 26 GHz frequencies. "We are delighted to announce that Airtel will commence roll out of 5G services in August.
In a meeting on Thursday evening, the RCom management, led by CEO Punit Garg, requested the bank representatives to release Rs 260 crore it received as I-T refund so that it could repay the dues to Ericsson.
The apex court said Ambani and the others will have to purge contempt by paying Rs 453 crore to Ericsson in four weeks. A bench comprising Justices R F Nariman and Vineet Saran said if the 'contemnors' failed to make the payments within the specified period, they will undergo a jail term of three months.
India must integrate more with East Asia by getting into regional trade arrangements, lower its tariff walls, and improve the quality of its workforce, suggests T N Ninan.
In insolvency proceedings, Ericsson will be treated as only an operational creditor and may end up losing the Rs 550 crore
The Department of Telecommunications (DOT) on Wednesday received over Rs 17,873 crore from companies towards 5G spectrum dues. Nearly half the amount (Rs 8312.4 crore) was paid by Bharti Airtel, which made advance payments for four years to free up cash for future investments. Reliance Jio and Vodafone Idea paid Rs 7,864 crore and Rs 1,680 crore, respectively.
The government is planning to roll out 5G testbed in early January to enable small and medium enterprises and other industry players to test their solutions on a working platform, a top Department of Telecom official said on Thursday. For the promotion of 5G indigenous technology, DoT in March 2018, had approved a multi-institute collaborative project to set up an indigenous 5G Test Bed at a total cost of Rs 224 crore. A testbed consists of a specific environment including hardware, software, operating system, and network configuration to test a product or service.
Reliance Jio may not ask for a premium for its 5G services in the initial stages of the launch, according to sources in the company. The company will roll out 5G commercial services in four cities -Delhi, Mumbai, Chennai, and Kolkata - around Diwali this month and slowly ramp up the processes for other cities, too. A senior executive, when asked whether Jio will charge higher tariffs for 5G against 4G, said: "In the initial stages, customers have to adopt 5G, then they will have to find value in the service, and then one can look at monetisation."
Based on industry estimates, telecom companies, including Bharti Airtel, Reliance Jio, Vodafone Idea and BSNL, are expected to invest over $10 billion on buying 5G telecom equipment in the next five years as they transition from non-standalone networks to standalone 5G networks.
The company is looking to double its sales volume in the current year and grow faster than the industry rate of 70-80 per cent on year on year basis.
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