Debt-ridden telecom operator Vodafone Idea on Tuesday approved the allotment of equity shares worth Rs 16,133 crore to the government, which post-allocation has become the largest shareholder with a 33.44 per cent stake in the company. The shares have been allocated to the government in lieu of conversion of interest dues arising from deferment of adjusted gross revenue and spectrum auction payments, the company said in a regulatory filing. "...it is hereby informed that the board of directors of the company has, at its meeting held today approved the allotment of 16,133,198,899 equity shares of face value of Rs 10 each at an issue price of Rs 10 per equity share aggregating to Rs 161,331,848,990 to the Department of Investment and Public Asset Management, Government of India," the filing said.
Internet service provider O-Zone Network and telecom equipment maker Alcatel Lucent have inked an agreement for jointly developing Wi-Fi hotspots across the country.
Hearing from Apr 18 by five-judge SC bench against WhatsApp, FB move; Centre, Trai also summoned
Initial success has prompted telecom companies to hardsell the new service.
The government has ordered internet service providers in India to block 39 internet sites that host and allow their users to share obscene content.
Tech Mahindra and IT infrastructure major Sun Microsystems announced on Monday a strategic alliance to provide systems and software for internet protocol television services to customers in India and Asia Pacific markets.
The DoT has set up a committee for the issue of spectrum cap.
Filing an affidavit before the TDSAT, the department of telecommunication has requested the tribunal to dismiss the petition of telecom operators challenging the government directive to stop 3G roaming immediately.
VAS operators constantly complain that as they provide features, content and a wide range of services like ringer tunes to mobile operators for their customers in the absence of a proper regulatory structure, they don't get adequate financial returns from telcos.
The Punjab government will soon launch e-agriculture services in collaboration through 'Kisan Soochna Kendras', a network of agri based information kiosks with broadband connectivity.
At present, there is no such system to know if the customer's complaint has been addressed or not, if not why, once a user lodges complaint with a service provider on any issues ranging from billing to quality of service. It is left to the telcos to look at complaints and act on it and sometimes there are long-pending complaints which go unadressed for a long time or not looked into at all and the customers become helpless and stop pursuing the solution.
Vodafone can mitigate risks of money-laundering through M-Pesa by making sure the funds are being traced.
At a time when the Modi government is attempting to push cashlessness with coercive means, Devangshu Datta explains why cash usage is popular even in nations with good cashless infrastructure.
Telecom Regulatory Authority of India has set the ball rolling for the second phase of telecom reforms with the issue of a consultation paper seeking the industry's views on review of key license conditions and capping the number of access providers.
Market breadth turned negative with 1,779 declines over 884 advances on the BSE
Prime Minister Manmohan Singh is slated to flag off the nationwide roll-out of mobile number portability on Friday, a move that will allow users to switch operators without losing their phone numbers and will force telecom providers to improve the quality of their services.
Mobile operators have strongly opposed the decision of telecom regulator Trai to impose penalties on them for unsolicited calls, saying the move is "unfair" and would discourage service providers which cannot be blamed for the nuisance.
Fintech players are customising solutions for rural markets and helping SMEs learn how to use the services
'No government will forego the usage of data of this order and nor will any private concern.' 'Unless, of course, there are strong safeguards to privacy.' 'Which is why that nine-member Supreme Court bench could make or mar everybody's future,' says Devangshu Datta.
Airtel, Vodafone-Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore following the Supreme Court order last week that sent shock waves through an industry already grappling with billions of dollars in debt and an intense tariff war to retain customers.
Reliance Communications lost the largest number of users.
While the government is planning to introduce mobile number portability (MNP) in metros in the near future, preliminary developments suggest the subscribers and service providers will share the Rs 200 cost of every such portability operation.
Mukesh Ambani's Reliance Jio, however, continued to add wireless subscribers
Under the previous quality of service rules, penalty on call drop was Rs 100,000 per violation and could go up to Rs 200,000 in case of third subsequent violation.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Feedback from telecom members indicated a 10 per cent increase in traffic, but no fears of choked networks. Telcos currently use 65-70 per cent of the network capacity. In other words, they have enough additional capacity to handle the new pressure without clogging the system.
On September 5, after much delay, Trai had come out with recommendations to stop pesky calls and text messages from September 27, ordering that no access provider (operators) shall permit the transmission of more than 100 SMSes per day per SIM.
However, the second quarter of FY24 is expected to be muted, and, with that, the hope of double-digit growth is now being pushed to FY25. However, analysts are expecting the momentum in the closure of record total contract values (TCVs) will continue, as has been the case over the last two quarters.
The CDMA and GSM operators in the country are at loggerheads once again, this time over the implementation of mobile number portability.
The Telecom Regulatory Authority of India on Wednesday endorsed the Ministry of Information and Broadcasting proposal to reduce the license fee on Direct to Home (DTH) service providers. Trai said it had received a communication from the ministry conveying its decision to continue with the concept of gross revenue for the purpose of License fee on DTH service providers and to reduce the license fee. Trai's opinion also was sought on reduction of licence fee from 10% to 6%.
The government has set a deadline of March 31 for telecom operators to provide an interception solution for BlackBerry enterprise services.
After banning telecom equipment from Chinese manufacturers like Huawei suspecting spy software embedded in the gadgets, India has now appointed Huawei to filter imported equipment for malicious software.
"Private players are going only in those areas where there is a big market, whereas rural areas are by and large connected by BSNL. We are adding 20 million new lines this year to cover maximum foot print," minister of state for telecom Sachin Pilot said during the Question Hour.
On Monday, Ambani had said the Reliance group was open to join hands with Bharti Airtel for improving telecom network for 4G services in Punjab.
Operators to miss January 1 deadline, express inability to upgrade system before 4-6 months.
All distribution platforms can move their subscribers to the new framework by February 1.
The 78-year-old Naveen is on the cusp of creating history. He must win the forthcoming Assembly polls to become India's longest-serving chief minister, a record held by Sikkim's Pawan Kumar Chamling.
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