India is in dire need of cybersecurity professionals. With several recent incidents of data breach, India's cybersecurity journey so far proves this demand. But is the country ready to meet this demand and is it preparing a cybersecurity workforce for the unforeseen cyber future? A report titled "India Cybersecurity Services Landscape" by Nasscom-Data Security Council of India (DSCI) predicts that the Indian cybersecurity services industry would grow at a compound annual growth rate (CAGR) of about 21 per cent to touch $13.6 billion by 2025. And by 2022, the industry, which generated a cumulative revenue of about $4.3 billion in 2019, is expected to grow to $7.6 billion. However, around 3.5 million jobs in the cybersecurity space will remain unfilled by the end of 2021.
Of this private players accounted for over 79 per cent.
Aditya Birla group company Idea Cellular and US-based wireless operator Verizon are all set to get the Letters of Intent for long distance services following clearance of their applications by the Department of Telecom (DoT). Official sources said the applications have been put forward for the Telecom Minister's approval. Idea is awaiting LoI for International Long Distance services while Verizon's application is for both National and International Long Distance services
SSTL is the second operator after Vodafone that has approached FIPB for raising FDI limit.
The government is contemplating slapping penalty on four foreign telcos, including AT&T, MCI and BT, for allegedly circumventing licence norms that may have caused revenue loss to the government.
To make cheap ILD calls over mobile VOIP, all a mobile phone user has to do is download the 100 kb application iTel mobile dialer developed by Reve Systems, the global pioneer in VOIP
Telecom Regulatory Authority of India said on Friday that cable landing station facilities, which are owned by few operators, should be opened up for other international long distance operators, a move which will boost competition.
A telcom operator said since there is a CBI investigation over alleged irregularties in the license and spectrum allotment going on, the minister may try to win over the industry by asking them not to be perturbed over the development and focus on operations and customers.
Players such as Net4, Sify and Worldphone Internet Services are offering International long distance (ILD) calls that work out to less than a rupee a minute by using a technology called Voice over Internet Protocol (VoIP). Around 80 million minutes worth of calls are made via VoIP every month (legally), according to Telecom Regulatory Authority of India (TRAI).
BT group, the UK's incumbent telecom operator will acquire Mumbai-based i2i Enterprise Ltd, a company specialising in Internet protocol services to become a leading global carrier in the local market.
Telecom company Videsh Sanchar Nigam Ltd has filed a lawsuit against the central government at Bombay High Court, seeking a compensation of Rs 2,560.72 crore (Rs 25.6 billion) for premature termination of its international long distance monopoly.
As a tech services company, Ola has never been in hardcore manufacturing. And unlike in ride hailing, which is a two-player market (Uber is the only other competitor), in two-wheelers it faces many entrenched players. But most of all, rivals say Ola's targets are out of sync with most, even ambitious, projections.