The bulk of this money will, however, be spent on buying imported equipment, mainly from Europe and China.
AGR dues calculated by the government for 16 entities add up to Rs 1.69 lakh crore, while telcos' self-assessment place their dues at a mere Rs 37,176 crore.
Around 1,680 deals worth over $80 billion will be renewed next year. Among Indian vendors, Infosys, TCS, and HCL Technologies are better placed to see a higher growth rate in 2020.
Verizon Communications, the second-largest US telecommunications group, is to expand its global communications network to provide its multinational corporate customers in fast-growing markets like China and India with additional services. The decision comes as US telecommunications groups including AT&T increasingly look outside their domestic market for revenue growth from higher value added services.
Addressing a press conference, Sunil Dutt, country head, Samsung Telecommunications, said, "We plan to double our turnover. We will focus on product innovation, and value-added services like internet experience on mobile and long battery life." Even Finnish handset biggie Nokia lost market share in India from 72.3 per cent to 69.5 per cent between January and March.
No one was hurt in the incidents which took place within minutes of each other.
Aditi Olemann, who is currently pursuing a Masters in Management from London Business School shares essential advice with management aspirants.
Aditi Olemann, who is currently pursuing a Masters in Management from London Business School shares essential advice with management aspirants.
The senators also said that Pakistan should end support to terrorism and refrain from taking any steps that could destabilise Kashmir.
UAE-based telecommunication services provider Emirates Telecommunications Corporation has pulled out of negotiations to acquire a stake in Indian wireless telephony service provider Spice Communications, citing high valuation. Separately, the promoters were expecting a deal to be signed in the next couple of days.
Bharti Global is planning to put up more satellites and has set a stiff deadline to launch commercial Internet services by October in the UK, Alaska, northern Russia and northern Europe.
Currently, the company sells a small quantity through the retail trade.
The Indian Railways is replacing its outdated signalling system with the latest automated train protection technologies - European Train Control System and Train Collision Avoidance System.
Given the military's requirement for watertight cyber and communications security, L&T will establish a Security Operations Centre which will deal with security threats.
The tribunal accepted the government's argument that licence or spectrum is a state asset over which Aircel had no right of ownership.
The US lawmakers, describing themselves as "longtime friends of India", wrote in the letter that "more than six months after Indian Prime Minister Narendra Modi's government unilaterally revoked the autonomy of Jammu and Kashmir, the government continues to block most internet in the region".
'We will resist it.' 'Farmers will not let that happen.'
It is believed that apart from Bharti Airtel and Bharti Infratel, there are four players that have made a bid.
This would be company's second acquisition in the WiMax space. In February, the company had acquired a significant stake in a French WiMax chip manufacturer Sequans Communications. The financial details of the acquisition were not disclosed. Further, RCom will expand its reach across countries in the Saarc region, Mediterranean and other South African nations. RCom intends to provide high-speed broadband services, voice, video and data suite and 4G services.
Rajeev Suri will become the new chief executive of Finnish telecommunications gear maker Nokia, the company said on Tuesday, confirming what analysts had expected.
The companies have offered to pay upfront the principal amount due for licence fees and spectrum usage charges (SUCs) on the basis of adjusted gross revenue (AGR). This amount will not include the interest, the penalty, and the interest on the penalty.
Realty sector will witness a rise in salary by 25% in 2008, followed by telecommunications and energy sectors.
Maran had challenged the Madras High Court's July 25 decision setting aside a CBI court order discharging him in the case.
Bharti Airtel and Vodafone Idea have communicated to the telecom department that they will not pay AGR dues of Rs 88,624 crore, the deadline for which ended on Thursday, and will wait for the outcome of modification petition listed for hearing before the Supreme Court next week, according to official sources. Reliance Jio on Thursday paid Rs 195 crore to the telecom department to clear all adjusted gross revenue dues accounted till January 31, 2020, according to an official source.
Under the deal, Israel would suspend its plans to annex large parts of the occupied West Bank.
Alcatel-Lucent currently operates a joint venture with Reliance Communications to manage the Indian carrier's network.
A round of all the sex news from around the world.
Independent Mobile Infrastructure Mauritius Ltd, a telecom infrastructure provider, has sought the Foreign Investment Promotion Board's approval for investing up to Rs 3,000 crore ($674 million) in India.
'The recent incident in the US has no bearing in India.' 'We are not aware of any request from the US to India about 5G.'
From digital advertising to data science and web designing, some of these skills may help you advance in your career.
The extremely severe cyclonic storm, which made landfall at Puri on Friday, unleashed copious rain and windstorm that gusted up to 200 kmph, blowing away thatched roofs of houses, swamped towns and villages, before weakening and entering West Bengal
Carlos Slim, the world's richest man has opened one of the world's most amazing museums.
The move comes against the backdrop of the US and some of its allies banning the purchase of Chinese telecom gear over security concerns and pressuring other countries to follow suit.
Vodafone Idea on Monday paid Rs 2,500 crore to DoT and promised to pay another Rs 1,000 crore before the end of the week.
In addition to Pichai and Nadella, IBM's Arvind Krishna, Micron's Sanjay Mehrotra, Ajay Banga from Mastercard and Ann Mukherjee from Pernod are among the six Indian-Americans among over 200 corporate honchos who will advise the President and offer recommendations on how to revive the American economy.
A VSNL statement at the Bombay Stock Exchange said that the completion of the transaction is subject to a number of conditions precedent and is expected to be over in next few weeks.
The Asia-Pacific Mobile Alliance plans to promote voice, video and data via members' GSM/GPRS and W-CDMA networks.
American Tower bulks up in India with $1.2 billion Viom stake buy