Across 10 prominent services, revenue to the government reduced by 20 per cent in the first year of GST compared to the last year of the service tax regime. This happened despite tax liability against these services growing by 50 per cent in one year.
Vodafone can mitigate risks of money-laundering through M-Pesa by making sure the funds are being traced.
State-owned telecom major Mahanagar Telephone Nigam -- telecom service provider in Mumbai and Delhi circles -- has slashed domestic long-distance (STD) rates by 66 per cent with immediate effect. The STD calls made from landline and Garuda (CDMA service) will now be levied at Rs 1.20 per minute, a reduction of 66.66 per cent, as against the existing rate of Rs 2 per minute.
The deal is multi-million pound multi-services telecom contract with The Carphone Warehouse, Britain's largest independent retailer of mobile communications. \n
The telecom major at present has footprints in MP-CG, Punjab, Haryana, UP-East, UP-West, Gujarat and Bihar circles.
Telecom public sector undertakings, BSNL and MTNL will start their broadband services across the country from Thursday, providing high-speed connectivity at tariffs ranging from Rs 500 to Rs 43,000.
Telecom regulator TRAI has imposed cumulative penalty of Rs 50 lakh on nine mobile operators for failing to meet quality of service benchmarks in the second quarter ended June 2013, official sources said.
Reliance Industries Ltd on Friday reported a 15 per cent drop in its net profit to Rs 15,792 crore for the third quarter, according to a company's stock exchange filing. The net profit of Rs 15,792 crore in October-December 2022 compares to Rs 18,549 crore a year back.
Country's top telecom service provider Bharat Sanchar Nigam Limited on Friday welcomed the government decision to introduce mobile number portability saying it would make the sector more competitive. The government, on November 12, announced its decision to allow mobile users in Delhi, Mumbai, Kolkata and Chennai to switch their service provider while retaining the same number.
The regulator has suggested that all spectrum will be auctioned as opposed to the current policy of bundling it with a 2G licence. A beginning has been made with the auctioning of spectrum for 3G services, which is due later this year. Trai has also suggested that licences for any telecom service should be auctioned as opposed to the current policy, where it is given on a first-come-first-served basis. The new policy is expected to be ready by the end of December this year.
India may have achieved a teledensity of over 65 per cent, but as many as 62,443 villages are still to get a taste of telecom revolution that started since 1995-96, says the Economic Survey 2010-11.
The disruptive innovator is not the typical Tata exec.
Telecom services provider Reliance Communications (RCom), in a consortium led by IT firm HCL Infosystems, is believed to have bagged the Rs 300 crore (Rs 3 billion) contract for government's national identity card programme, Aadhaar.
Tata Communications said it has signed a partnership agreement with TE Data SAE for expanding its global VPN services to Egypt. TE Data SAE is a subsidiary of Telecom Egypt and is a leading P-based data communications carrier. Both the companies have interconnected their respective infrastructures, thus setting up multiple, network-to-network interconnection (NNI) points that would connect Tata Communications' European & Indian network hubs with TE Data's facilities in Egypt.
All existing emergency numbers will be phased out within a year of rolling out 112, depending upon the awareness about this new facility.
In 2011-12, 2010-11 and 2009-10, the sector attracted FDI worth $1.99 billion, $1.66 billion and $2.55 billion respectively.
Indian exporters shipping goods to Israel may face higher insurance premiums and shipping costs due to the Israel-Hamas conflict, according to experts. Israel witnessed a surprise and unprecedented multifront attack by air, land and sea by the Hamas militant group, which rules the Gaza Strip, in its southern parts on Saturday morning. The International trade experts said the conflict may reduce the profits of domestic exporters but will not impact trade volumes unless war escalates.
Mirroring the growth in cellular services, the basic telecom including the WLL (mobile) services, has touched 31.82 lakh customers, with Reliance Infocomm leading the tally with 16.7 lakh at the end of June this year.
WhatsApp will not delete any account for not accepting its new privacy update, but users not agreeing to the controversial terms after "several weeks" will not be able to access their chat list, and eventually, will not be able to answer incoming phone or video calls over the app.
Bharat Sanchar Nigam Ltd launched on Thursday its multi-play service offering Internet Protocol television and video-on-demand to its broadband customers.
Telecom service operator Airtel on Thursday urged the government not to charge high fees for allotting 5G spectrum, saying a faster roll out of the next-generation telecommunication network can have more benefits than collecting revenue in upfront cost. Sunil Bharti Mittal, chairman of Bharti Enterprises which runs the country's second largest telco, said that there are a variety of applications across sectors ranging from healthcare to video interactions, which will make 5G a technology to be introduced as soon as possible. "5G is important and that's why we keep on requesting the government to make the 5G as an enabler for hundreds of things that we develop in the country, to keep the spectrum at affordable pricing, to not load the industry too much," Mittal said at the Times Network India Economic Conclave.
