The telecom foray is the second diversification outside its core business of developing residential and commercial real estate -- it is already in the Special Economic Zone space with five zones to be set up across the country.
In the latest move, the telco has reduced validity for its Rs 309/509 packages from 84 days to 56
China-based telecom equipment supplier Huawei Technologies, which has bagged a $200 million contract from Reliance Communications, is upbeat on India and expects to clinch other multi-million dollar outsourcing deals in the country.
Telecom operators pay 30 per cent of their revenue as levies like annual licence fee, spectrum charges, contribution to universal service obligation fund and the total burden adds up to 40 per cent along with service tax.
During the proceedings, Spice Telecom's counsel Mukul Rohatgi contended that DoT decided not to allow the licence as the operator had a turnover of only Rs 1,100 crore (Rs 11 billion). The decision was discriminatory, he said. However, Telecom Dispute Settlement and Appellate Tribunal declined to pass any interim relief to the firm.
This move gives Airtel and Chinese major immense benefits.
The phone will work on both 2G, 3G as well as 4G networks seamlessly.
The Ministry of Information and Broadcasting (I&B ministry) may launch its review of the government's plan to potentially reserve the crucial C-band of radio frequencies for 5G and 6G telecommunication (telecom) use, said officials. While the incumbent broadcasting operators have warned that the plan will leave "precious little spectrum" for broadcasting services, telecom service providers (TSPs) have pressed hard for getting access to the C-band. In multiple letters to the I&B ministry over the past month, the News Broadcasters & Digital Association (NBDA) has said the industry would be left with precious little spectrum for broadcasting services if the Department of Telecommunications (DoT) further allocates the scant C-band for 5G.
The telecommunications industry in India is one of the fastest growing sectors in the world. The booming telecom industry has been attracting large amount of investments in the country.
Within days of revoking a non-compete agreement that his group had with his younger brother Anil, Relianec Industries Ltd chairman Mukesh Ambani is believed to have held a long-drawn-out discussion with telecom czar Sunil Mittal.
Surprisingly, RIL scrip also fell by 2.73 per cent to 1,029.15, becoming the second biggest loser in the index
Sabse has several patents in the arena of call-control and switching of calls.
After falling 11 per cent over the past six months, shares of Bharti Airtel gained over three per cent on news that the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) had given a split verdict on inter-circle 3G roaming arrangements between Bharti, Idea and Vodafone.
This investment, up from $20 billion seen last year, would be for continuing the development of 3G, Broadband Wireless Access and expansion of existing networks, said R K Pathak, secretary of the Telecom Equipment & Services Export Promotion Council, in Singapore at the CommunicAsia 2010, a Singapore exhibition for global telecom industries.
The government takes pragmatic steps on telecom.
Telecom Minister A Raja said on Friday that he has met Home Minister P Chidambaram over the issue of import of telecom equipment, especially from China, and hoped the issue would be resolved "in a couple of weeks".
The 2G judgment and Trai spectrum pricing have led to a policy that makes sense for only one survivor.
According to data released by the telecom regulator, the wireless subscriber base increased from 601.22 million in April to 617.53 million by the end of May 2010, registering a growth of 2.71 per cent.
GSM operators say upcoming auctions will be a dud, while govt hopes to rake it in.
In his post, Vaishnaw said Apple has also claimed that Apple IDs are securely encrypted on devices, making it extremely difficult to access or identify them without the user's explicit permission.
The industry had seen a robust growth of 20 per cent in revenues at Rs 1,55,683 crore (Rs 1,556.83 billion) in 2008-09.
This season, the nature of the advertising game has changed dramatically with TV and digital rights going to different entities.
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TC at its meeting here recommended to an Empowered Group of Ministers that reserve price for pan-India 1800 MHz spectrum be fixed 15 per cent higher than Trai suggested rates.
The discussions are 'indicative and non-binding' in nature.
The government on Friday reduced the rate of interest and penalty for delayed payments for telecom companies having unified access licensees, including basic companies migrating to UASL, national long distance and international long distance players,
Adani Data Networks said it plans to create a private 5G network for its operations. However, it acquired the spectrum in the last 5G auction alongside three telecom companies. Subsequently, it was granted a unified licence for access services, which enables it to provide telecom services in the country.
If completed, the move would create a 50-50 joint venture valuing Reliance Communications' cable assets at $1 billion.
The latest row -- termed as independent India's largest financial scam -- is centered on the allocation of scare 2G spectrum at throwaway prices.
Bharti Airtel on Friday said it has rolled out unlimited data offer for 5G users in 4G plans starting from Rs 239 onward. The move from the telecom operator comes to match its rival Jio, which is offering unlimited 5G data access during the beta trials during the network rollout. "This introductory offer is in line with the philosophy of wanting our customers to be able to surf, stream, chat and enjoy multiple benefits at blazing speeds without having to worry about data limits. We hope our customers enjoy the power of world-class Airtel 5G Plus," Bharti Airtel, director consumer business, Shashwat Sharma said in a statement.
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."
Private telecom operators have created ripples in the Indian telecom market by accounting for 43 per cent of total telecom services revenue in 2004-05.
Anil Ambani group company FLAG Telecom on Wednesday announced the appointment of Punit Garg, who was heading Reliance Infocomm's international business, as its president.\n\n
Mobile operator Spice Telecom, which is planning to tap the capital market with an initial public offer, has got Foreign Investment Promotion Board's nod for the public issue.
Telecom equipment maker Ericsson said on Thursday it had signed a deal to supply a CDMA mobile network to India's Shyam Telecom.
The Telecom Commission, the policy-making wing of the DoT, will soon take up the issue of divestment in state-run BSNL, Telecom Minister A Raja said on Wednesday.
Reports by CAG earlier on the 2008 telecom licence scam had resulted in the cancellation of 122 licences.
France Telecom is close to buying the IT business of communication infrastructure provider GTL in the next few days for about $70 million, intended to enter the fast growing Indian telecom space.
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