Jio's disruptive strategy, including free voice services and data at throwaway rates, apart from offering all services free for six months, triggered a consolidation in the telecom sector.
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.
During the first four months, mobile phone users saw a net increase of nearly 43.8 million, data of the Ministry of Industry and Information Technology in Beijing said.
'Defence funding is channelled to State-owned research organisations where scientists are merely bureaucrats holding meetings and sending out minutes of meetings and press releases, but have long ago stopped any innovative work.' 'Unless this tragedy is fixed, India's chances to create world-conquering and job-creating new industries are slim,' says Ajit Balakrishnan.
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.
Figure revised to three per cent from 2.5 per cent projected last quarter; telecom services market continues to be the largest in IT spending.
After considering all options, the company has decided to enter into a negotiation with the employees, given the challenging industry situation in telecom R&D.
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.
The launch of services by Jio in September 2016 had disrupted the whole telecom sector, with operators matching low rates to maintain competitive edge
Across the world, there are around 150 trials on 5G currently going on and India has lagged behind. The government has now formed a committee which will look exclusively at developing a model for conducting 5G field trials, reports Kiran Rathee.
The recognition that content - video in particular - will be the next big thing in the telecom wars requires no rocket science.
Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was sold to the Tatas.
In a development that would hit telecom operators' profits, the government announced an up to 50 per cent increase in spectrum charges for all GSM and CDMA technology based service providers.
Importers will now have to provide sufficient proof to the domestic customs authorities that the goods being imported have a minimum 35 per cent value addition in the country from which it is being exported to India.
'Our strategy should be to 'hold the line' in the north on the Sino-Indian land frontier, but maintain and, if possible, enlarge India's current edge in the maritime south.'
UK-based telecom company BT today completed the sale of its 5.5 per cent stake in Tech Mahindra to partner Mahindra & Mahindra (M&M) for Rs 451 crore ($100.2 million). After the sale, BT has 24.4 per cent in Tech Mahindra.
Trai's pre-consultation paper comes at a time when the government is yet to fix a deadline for auctioning spectrum for the third generation mobile services.
The investment will enable Airtel to add EdTech to its premium digital content portfolio and give distribution scale to quality learning material from Lattu Kids.
The report stated though a deal could be reached in the next few weeks, there was no certainty about it.
A government panel on Net neutrality has proposed to regulate domestic calls made using Internet-based calling applications such as Skype, WhatsApp and Viber at par with phone call services offered by telecom operators.
Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday announced to raise Rs 7,350 crore from two investors -- Singapore's sovereign wealth fund GIC and Global alternative asset firm TPG -- by selling a stake in group's retail arm.
'The market won't wait for earnings to recover.'
The fourth generation or 4G technology offers download at faster speed known as ultra-broadband and high definition video on demand among other such services.
With this investment, Jio Platforms has raised Rs 115,693.95 crore from some of the leading global investment powerhouses at a time when the world is deeply impacted by the coronavirus pandemic.
Bharti Airtel called the prices exorbitant while Vodafone Idea wants the auctions take place in 2020. The auctions need to happen when the infrastructure is ready for the roll out, be it in terms of fiberisation levels, or optimisation of equipment and software etc. Spending a hefty amount on a technology (airwaves) that at present offers limited returns is not going to be a priority for the incumbent telcos.
The power of the small neighbourhood retailer can barely be ignored as organised players look to leverage their last-mile connectivity and reach, luring them by promising support in technology, inventory and tax management.
CEO Shashi Arora discusses his roadmap for Airtel Payments Bank with Karan Choudhury.
Used smartphones are gaining popularity in the hinterland, the main market for JioPhone. Share of JioPhone in the feature phone market had shrunk from 47% in Q2 of 2018 to 28% a year after.
The investigating agency wants to ascertain the actual purpose of the deal.
Prepaid mobile customers in India has never had it so good. Vodafone, Idea, MTS & Aircel has confirmed that from Friday there will be only three types of vouchers for mobile recharge. Others too will have to follow soon.
"Starting December 4, 2016, every new Jio user will get Jio's data, voice, video and the full bouquet of Jio applications absolutely free till March 31, 2017," Mukesh Ambani said, adding that the 'Jio Happy New Year Offer' will also be extended to existing customers on current SIMs.
The top driver for the Indian workforce while choosing an employer are salary and employee benefits, followed by work-life balance and job security.
This is not the first time Trai has been accused of bias; and, in my memory, never have such charges of bias been leveled against any other regulatory body, says Rahul Khullar.
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.
The 61-year-old, who was administered the oath of office by Jammu and Kashmir High Court Chief Justice Gita Mittal at a simple function in the Raj Bhavan, also said he wants to accelerate development in the union territory, carved out of the erstwhile state of Jammu and Kashmir last year.
Known as 'vikas purush' (man involved in developmental work), Sinha is a three-time Lok Sabha MP who held charge of the communication ministry as a minister of State in 2016 when the telecom industry was engaged in the sale of spectrum.
With 3G services set to become a reality by year-end, over millions of mobile users can experience real-quick downloading of full length movies or music files, live TV and video calls.
Since the Centre tightened the Press Note 3 norms in April last, as many as 150 private equity/venture capital investment applications from China and Hong Kong are pending with the government, starving the country's start-up ecosystem of funds, says a report. The Press Note 3 (PN3) changes were effected in April, restricting foreign direct investment from countries that share land borders with India. Analysts are of the view that the move was primarily aimed at China as lot of private funds were investing billions into domestic companies.
