Telecom

Tuesday, Apr 16, 2024 | Last Update : 02:59 PM IST

Vestaspace secured USD 10 million funding from US-based Next Capital LLC, an American investment and advisory firm to expand the reach of Vestaspace innovative solutions across India and the world.

Startup says India will have 5G network by 2021, will launch 35 telecom satellites by this September

Vestaspace says it is in talks with the Department of Telecom for spectrum in 28 Ghz band for 5G operations.

26 May 2020 11:53 PM

Sensex, Nifty clock fourth successive loss under AGR, coronavirus clouds

However, both indices recovered lost ground in the latter part of the day

18 Feb 2020 4:32 PM

The Mukesh Ambani-led telecom operator added that its new plan are offering up to 25 per cent more value than that of rivals.

Average customer unlikely to pay for outgoing calls, says Reliance Jio

Reliance Jio is offering 1,000 minutes per month (28-day cycle) of free calling every month across all plans.

08 Dec 2019 4:43 PM

Anil Ambani along with four directors -- Ryna Karani, Chhaya Virani, Manjari Kacker and Suresh Rangachar -- had resigned from Reliance Communications (RCom) earlier this month. (Photo: File | PTI)

RCom lenders reject resignation of Anil Ambani, 4 other directors

Reliance Communications had posted a consolidated loss of Rs 30,142 crore for the September 2019 quarter.

24 Nov 2019 5:07 PM

A DoT official privy to the development said instructions have gone to the licencing wing to carefully examine the implication of the Supreme Court's recent ruling for all such companies. (Photo: Representational)

Telecom dept examines impact of SC order on adjusted gross revenue beyond telcos

Airtel, Vodafone Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore in three months.

07 Nov 2019 6:38 PM

With total liabilities estimated at Rs 1.4 lakh crore, Airtel and Vodafone-Idea, through the telecom sector association COAI, are seeking waiver of at least the penalty and interest on delayed payments, which constitute about half of the total dues, if a complete waiver of past liabilities is not possible.

Telco bailout will be contempt of SC; will set bad precedent: Jio to Prasad

Supreme Court in its October 24 order has clearly settled the base on which statutory levies have to be paid, said Reliance Jio.

03 Nov 2019 1:23 PM

The company stock rose 23.07 per cent to Rs 4.80 on the NSE.

Vodafone stock surges 23 pc as company denies exiting Indian market

BSE, NSE had sought clarification from Vodafone Idea over the rumours of the telecom operator exiting the Indian market.

01 Nov 2019 12:09 PM

Similarly, the stock declined 9.2 per cent to Rs 3.45 on the NSE.

Vodafone Idea plummets over 9 per cent to hit 52-week low

Shares of Vodafone Idea slumped 8.66 per cent to Rs 3.48 apiece - its 52-week low - on the BSE.

31 Oct 2019 11:28 AM

While older TSPs such as Bharti Airtel and Vodafone-Idea have been talking of financial stress ever since they faced intense competition from free voice and dirt-cheap data from newcomer Reliance Jio, the matter has assumed greater importance after the October 24 judgment of the Supreme Court.

Vodafone Idea, Airtel shares jump by 8.5 pc amid financial bailout buzz

Indian government has created a panel to work out a financial bailout package that may include lowering of spectrum charges.

30 Oct 2019 12:25 PM

Led by the sharp fall in its shares, Vodafone Idea witnessed an erosion of Rs 3,792.58 crore from its market valuation which is now at Rs 12,442.42 crore.

Vodafone Idea shares crumble over 27 pc in intra-day trade after SC order

Vodafone Idea plummeted 23.36 pc to close at Rs 4.33 on the BSE. In intra-day, it tanked 27.43 pc to Rs 4.10 -- its 52-week low.

24 Oct 2019 5:03 PM

As a market regulator, it would give us insights into what we need to be watchful of, and what we need to do. This, would also enable the Commission to craft a competition advocacy strategy and recommendations tailored to the needs of the telecom sector, said CCI Chairman Ashok Kumar Gupta.

CCI to conduct study on telecom sector amid changing market dynamics

India's telecom sector has witnessed a churn with stiff competition, especially after the entry of Reliance Jio.

13 Oct 2019 4:56 PM

Earlier this month, Huawei had said it is hopeful that the Indian government will treat all foreign investments "fairly" and had urged the world's largest democracy to make an "independent decision" on permitting 5G trials in the country. (Photo: AP)

Is Huawei a threat to National Interest? Atleast thats what the DoT is wondering

The government will keep national interest in mind while deciding over Huawei's participation in 5G trials, said a department official.

24 Sep 2019 5:57 PM

Huawei, the world’s biggest maker of such gear, is at the centre of a geopolitical tug-of-war between China and the United States. (Photo: File | AP)

China warns India of 'reverse sanctions' if Huawei is blocked: sources

Minister Ravi Shankar Prasad told parliament that six proposals have been received for 5G trials, including from Huawei.

07 Aug 2019 12:34 PM

Multizone catalytic cracking (MCC) process developed by RIL converts an array of raw materials to high-value propylene and ethylene in a single riser.

How oil-to-chemicals integration worked for RIL

An oil-to-chemical strategy was developed by Reliance to transition the Jamnagar refinery from fuels producer to chemicals producer.

22 Jul 2019 4:21 PM

Communications Minister Ravi Shankar Prasad said as per data available for 2018, 5.54 lakh villages are covered with mobile services, while 43,088 villages are not covered. (Photo: File | ANI)

Telcos to install over 57,500 mobile towers in rural areas in FY'20: Prasad

'BharatNet' project is being implemented to offer broadband connectivity to all 2.5 lakh Gram Panchayats (GPs) in India.

10 Jul 2019 5:21 PM

Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for USD 2.84 billion in cash, as it seeks to garner a bigger chunk of 5G spending by telecom companies. (Photo: AP)

Strengthening 5G: Cisco to buy Acacia Communications

Global internet traffic is projected to more than triple to 13.2 exabytes per day in 2022 from 4.1 exabytes per day in 2017.

10 Jul 2019 11:38 AM

Samsung makes 5G solutions, equipment for telecom operators and smartphones.

Hope to work closely with Indian telcos when they roll out 5G: Samsung

Samsung is already working with carriers in South Korea, the US and parts of Europe, said Samsung's Junehee Lee.

01 Jul 2019 2:50 PM

The latest Trai data pegs India's total wireless subscriber base at 1161.8 million as on March 31, 2019, while the wireless teledensity stands at 88.46. (Representational Image)

Trai mulls approach to determine unique mobile subscribers base

Subscriber number does not give exact picture of those connected or unconnected as it counts multiple phone connections.

16 Jun 2019 4:03 PM

Competition has only intensified since 2016, when Reliance Jio, owned by richest Indian Mukesh Ambani, stormed into the market and offered lifetime free calls and dirt cheap data.

Telecom minister promises dialogue with industry on outstanding issues, challenges

The telecom sector is burdened with staggering debt levels and cut throat competition.

03 Jun 2019 6:23 PM

Other issues that will be prioritised by Ravi Shankar Prasad include 5G trials in 100 days, fast tracking of five lakh wifi hotspots, and promoting telecom manufacturing. (Photo: File | ANI)

Telecom spectrum auction to be held this year: Ravi Shankar Prasad

Taking charge of Telecom ministry, Prasad said that amongst his priorities will be revival of state-owned MTNL and BSNL.

03 Jun 2019 2:36 PM

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Aakar Patel

telecom