India is today the second-largest telecom market in the world with over a billion customers and close to 600 million Internet users. New connections are available on the tap, calls are virtually free and it's hard to imagine anyone without a mobile phone today. Globally, there would be few parallels to this success story that truly democratised telephony and empowered a billion-plus people, observes Airtel's Sunil Bharti Mittal.
Trai chairman attributed predatory price as one of the key reasons for deteriorating condition of telecom industry.
Despite low tariffs, voice usage is not growing.
TimesJobs.com's employment index -- The RecruiteX -- recorded 14 per cent increase in September 2014 over August 2014 with the IT/Telecom industry witnessing a 20 per cent increase in employment opportunities in just one month.
A slew of real estate companies, like DLF, Omaxe, BPTP and Avnija Properties (Dalmia Cement), and large corporations like telecom bigwig AT&T, Sterlite, Videocon, JSW Power, Hinduja's HTMT, Moser Baer Infrastructure, Ispat Industries Ltd and a Sam Pitroda-owned company are among the 25 companies whose applications will not be immediately processed by the Department of Telecommunications (DoT) for awarding mobile licences.
Kapil Sibal says there is a need to look at IT differently and not just as a cash cow.
The telecom sector is likely to garner revenues to the tune of $35 billion by 2010 even though its profit margins have been declining, a study said.
Country's largest telecom player Jio has completed 5G coverage planning in top 1,000 cities and conducted field trials of its home-grown 5G telecom gears, Reliance Industries said in its annual report. In the report, RIL (Reliance Industries Limited) said that Jio took major steps during 2021-22 in getting ready for 5G with its 100 per cent indigenous technology. The company was the biggest bidder in the recently-concluded 5G spectrum auction.
The total incentive outgo under the ambitious production-linked incentive (PLI) scheme is estimated to be less than Rs. 40,000 crore by the fiscal year 2024-25 (FY25), when it completes the fourth year of implementation, according to the government's internal estimates. This means only a fourth of the allocated Rs 1.97 trillion is expected to be utilised by the end of FY24, indicating that not all the 14 PLI schemes would have taken off fully. While three of the 14 schemes - large-scale electronics manufacturing, bulk drugs, and medical devices - were introduced in 2020, the remaining were launched the following year.
Farooqui will have a 15 month tenure at the helm of the Department of Telecom before he attains superannuation age of 60 years in June 2014.
Bharti Chairman Sunil Mittal says his company will be one of the biggest and most preferred telecom providers in India.
Reliance Industries (RIL) has reset its battery pack production timeline, shifting it from 2023 earlier to 2024, details shared in the oil-to-telecom conglomerate's latest annual report suggest. In the FY23 annual report released on Sunday, the company has listed the start of battery pack production in 2024. A year ago, at the company's annual general meeting (AGM), Mukesh Ambani, chairman and managing director of RIL, had said, "We aim to start production of battery packs by 2023 and scale up to a fully integrated 5 GWh annual cell-to-pack manufacturing facility by 2024."
"I understand that DoT (Department of Telecom) should be able to take a decision in about 15-days. We (TRAI) should be able to announce a date soon...I don't think it will take long," Telecom Regulatory Authority of India (TRAI) Chairman J S Sarma told reporters.
Prasad asked private operators to play a role in skill development.
Telecom Minister Kapil Sibal on Wednesday said the growth in the sector is essentially centered on adequate spectrum availability, assuring government will make all efforts to provide requisite airwaves to meet industry's demand.
India will become one of the top 10 telecom powers in the world by the year 2006, Mukesh Ambani, chairman and managing director of Reliance Industries, said in New Delhi on Saturday, at the Pravasi Bhartiya conference.
Indian IT services sector's revenue growth will slow down to 3 per cent in the current fiscal from 9.2 per cent in the previous financial year, a domestic ratings company said on Tuesday. Icra Ratings said the profitability will also take a beating in this financial year and the operating profit margin will narrow by up to 1 percentage point to 20-21 per cent. The topline growth will come down to 3-5 per cent in FY24 from the 9.2 per cent posted in FY23, the agency said, attributing the slowdown to softening demand.
The mobile industry, with over 136 million subscribers and a 4 million new users adding up per month, is expected to turn the tides for the music industry.
If the Personal Data Protection Bill gets passed in its present form, a new class of companies and entities could emerge. The sole job of these new entities would be to manage the consent for data usage of a user.Banks, healthcare firms and fintech companies, among others, fear that sharing non-personal data with the government may hurt business interests. Banks also fear the threat of data misuse.
Mittal's salary in 2019-20 was Rs 26.97 crore, unchanged from the previous fiscal year. However the value of perquisites was Rs 99.8 lakh, down from Rs 1.87 crore a year back. His retirement benefits were unchanged at Rs 2.15 crore.
While Ambani, 66, drew nil salary from the company since the 2020-21 fiscal year, other executive directors including his cousins Nikhil and Hital are paid a salary, perquisites, allowances and commission. His three children - twins Akash and Isha (both 31) and Anant (28 years) - will get only a sitting fee and a commission on the profit earned by the firm.
Voice calling will be free on Jio phones for life and post December 31, 10 data plans will be offered
If 4,000 workers could work round the clock for the construction of the new Parliament building, then there is no reason why all infrastructure projects too cannot follow that model, asserts Dr Sudhir Bisht.
Bharti Airtel on Tuesday announced that it has scrapped the minimum recharge plan of Rs 99 in seven circles -- Andhra Pradesh, Bihar, Himachal Pradesh, Karnataka, Northeast, Rajasthan, and Uttar Pradesh (West). In these circles, the price of the entry-level plan now would be Rs 155. This 57 per cent increase in Airtel's entry-level plan comes two months after the telco discontinued the Rs 99 plan in Haryana and Odisha in November last year.
With reduced uncertainty and clarity on the spectrum-pricing and sharing front, industry set to see positive growth and stability in the new year.
The Internet service policy unveiled on Saturday is likely to hit the industry hard. It may wipe off small and medium players in the country.
Mobile telecom service providers are up against a new problem -- unidentified operators have been found to take out subsidised handsets from their 'bundled' connections and ship them to overseas markets at significantly higher prices.
State-level reports every quarter for service quality and artificial intelligence-based solutions may be officially mandated as part of a set of more stringent, updated quality-of-service (QoS) norms by the Telecom Regulatory Authority of India (Trai) soon. The new norms will also factor in user experience for 5G networks, officials informed Business Standard. In February, Trai asked telecommunication (telecom) service providers (TSPs) to submit updates on measures taken to reduce call drops and lags and raise the quality of connection.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
Market expects either a price disruption or differentiated service; combination of both could hurt incumbents.
Oracle's Service Oriented Architecture is a business integration solution which enables telecom operators and other players like internet service providers, DTH to launch value added services in minimum time frame and with reduced costs.
Competitive intensity has returned to haunt the telecom sector.
Siva Group had mandated JM Financial to hunt for a buyer, but investors shied away from the Indian telecom industry.
'You have to have commitment to both, but it has to be done at the individual level.'
Mukesh Ambani, Chairman of Reliance Industries Ltd, has won this year's prestigious World Communication Award as the world's most influential person in telecommunications in 2004, said a company release.
The fast growing telecom sector is set to witness another round of mergers and acquisitions with the DoT recommending against lock-in of promoters equity, saying this would only hamper growth and competition.
Seeks clarification on a few issues such as enhancement of entry fee and performance bank guarantee from telecom regulator
The 1986-founded company is in the process of appointing a consultant for formulating the future plan of action for its CDMA business.
The Cellular Operators Association of India, industry body representing GSM operators, had argued that TTSL's spectrum was allotted through the same press release issued on January 10, 2008, which led to the cancellation of 122 licences.
The US continues to be concerned about the proposed 'Toys and Toy Products (Compulsory Registration) Order' being considered by the government of India.
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