With the heat over the 2G telecom spectrum scam rising, the Telecom Regulatory Authority of India on Thursday recommended the cancellation of 34 telecom licences of companies, including Etisalat, Uninor, Loop Telecom and Siestema, due to non-compliance of roll-out obligations.
A senior official in the Telecom Ministry said the government is considering an exit option for the new telecom players who are struggling to roll out services.
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.
The plan of action ranges from drawdown of loans to seeking additional guarantees, to even recalling some of the loans, if the situation so warrants.
Mukesh Ambani, chairman and managing director of Reliance Infocomm has been chosen the 'Telecom Man of the Year 2004
Company has around 70,000 towers and it will explore various business models that can realise value of its infrastructure
Various corporate houses and multinational companies including AT&T, Russian firm Sistema, Sterlite, Hindujas, DLF, Parsavnath, Videocon and others have entered the fray to get telecom licences.
Bharti Airtel is launching 5G telecom services in eight cities, including four metros, on Saturday and will progressively cover the entire country by March 2024, its chairman Sunil Bharti Mittal said. Speaking at the IMC 2022, he said the nation's oldest private telecom operator is launching 5G mobile services in eight major cities and will cover most parts by March 2023 and the entire country by March 2024.
The government on Wednesday said the Mahanagar Telephone Nigam Ltd board has approved the bid for acquiring stake in Rwanda Telecom.
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.
DB Reality and Swan Telecom promoter Shahid Usman Balwa was on Friday sent to Tihar Jail by court and remain in under judicial custody till March 3.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances