BUSINESS
Airtel prepays Rs 8,325 crore to clear 2015 spectrum dues
The advanced payments will help Airtel save costs annually and boost cash flow ahead of the next round of spectrum auction, which is likely to happen within this fiscal year.
BUSINESS
OnePlus set to double investments for retail expansion in India this year
OnePlus' offline channel presence expansion will also create several direct and indirect job opportunities.
BUSINESS
MC Exclusive | Size, demand for latest tech make India strategic for Ericsson: Börje Ekholm, CEO
Börje Ekholm, President and Chief Executive, said that the availability of a nationwide 5G network will spur local innovation and entrepreneurship, resulting in new 5G use cases, and helping telecom operators to monetise their network investments.
BUSINESS
Ericsson's India sales sequentially down as network investment pace normalises
A reduction in capex investments in India was expected at the beginning of 2024 but occurred earlier than anticipated, the Swedish firm has said
BUSINESS
Starlink launch in India: Speed, price, how it works - All you need to know
Starlink in India: Elon Musk's Starlink will be the third internet service provider to offer satellite internet services in India.
BUSINESS
'Historic moment for Bharat': Bharti Enterprises' Rajan Mittal after Ram Mandir consecration
The grand event was attended by 7,000 VVIPs, including actors, sportspersons, industrialists, and politicians from across the nation.
BUSINESS
Sony calls off $10-billion merger deal, Zee denies allegations
Sony on January 22 issued notice to Zee Entertainment Enterprises Ltd. (ZEEL) terminating the agreement dated December 22, 2021, to merge ZEEL and CME.
BUSINESS
Ram Mandir consecration | Airtel, Vodafone Idea upgrade telecom network in Ayodhya city
The Pran Pratishtha ceremony will be attended by nearly 7,000 invitees, including politicians, industrialists, celebrities and sports personalities. Prime Minister Narendra Modi will reach Ayodhya soon to kick off the Ayodhya Ram Mandir inauguration ceremony.
BUSINESS
Vodafone Idea to insource managed services after Tata Comm unit calls off deal
Tata Communications' unit was mainly responsible for handling the operation and maintenance of Vodafone Idea's fiber assets.
BUSINESS
Musk's Starlink likely to get nod to launch services in India by next week
With this, Starlink will become the third company after Jio Satellite Communications and OneWeb to receive such licenses from the government.
BUSINESS
Tata Communications open to acquire more companies to drive digital business growth: CFO
Tata Communications has been on an acquisition spree in the last few years and has acquired Oasis, The Switch, and Kaleyra.
BUSINESS
Airtel ARPU likely to grow 7-10% in 12-18 months, stable market backs tariff hike: Analysts
The Sunil Mittal-led telco’s focus on the feature to smartphone migration and premium users has already helped it uplift blended ARPU even without tariff hikes
BUSINESS
Foxconn, HCL Group to form chip packaging, testing joint venture in India
The chip packaging and testing venture, known as OSAT in industry lingo, comes after Foxconn abandoned a joint venture with India’s Vedanta in July.
BUSINESS
Apple expands India presence with new office in Bengaluru
The iPhone maker has nearly 3,000 employees in India. Apple’s work with Indian suppliers of all sizes supports hundreds of thousands of jobs nationwide.
BUSINESS
MeitY in talks with FinMin for tariff adjustments to boost mobile manufacturing
The Indian Cellular and Electronics Association (ICEA), in its recent report, highlighted that India has the highest tariffs of inputs in electronics manufacturing, which contradicts the government's policy objectives of building a local ecosystem and increasing domestic value addition.
BUSINESS
BSNL expects subscriber loss to stop by June 2024 with 4G launch: Official
After the commercial 4G launch, BSNL aims to become a formidable competition to private telecom operators.
BUSINESS
Direct-to-mobile services: Ensure implementation does not result in regulatory arbitrage: Telcos to govt
Industry body COAI said the proposal needs to be reviewed to ensure a level playing field for all participants.
BUSINESS
Qualcomm’s 2024 plan for India: Semiconductor partnerships, R&D and startups investment
The American company has already announced plans to invest about Rs 177 crore in Chennai. More investments are being planned in Hyderabad, Noida and Bengaluru. It is also seeking to work with small, local semiconductor firms
BUSINESS
Polycab India I-T raids: Will it singe other wire and cable manufacturers' valuations?
About Rs 15,486 crore of market capitalisation was wiped out from the Polycab stock following the Income Tax Department's allegations that the company had made unaccounted cash sales of around Rs 1,000 crore.
BUSINESS
India is NTT’s most profitable, fastest-growing data centre market, says CEO Doug Adams
Adams said that enterprises across verticals moving to the cloud and the adoption of AI have been the major growth drivers for NTT's data centre business in India.
BUSINESS
Xiaomi readies for premium smartphone battle with Apple and Samsung in India
Apple currently leads the ultra-premium segment in India, followed by Samsung and OnePlus. Chinese brands Vivo, Oppo, and Google are also aggressively focusing on this segment.
BUSINESS
With ATC deal, Brookfield eyes long-term play in India's digital infra space
With this deal worth $2.5 billion, Brookfield-sponsored Data Infrastructure Trust’s tower portfolio will reach around 252,000. ATC is Brookfield’s third acquisition in India’s telecom infrastructure space.
BUSINESS
Airtel’s enterprise arm to power 20 million smart meters for Adani Energy Solutions Limited
Adani Energy Solutions has an order book of over 20 million smart meters from the power utilities of Assam, Andhra Pradesh, Bihar, Maharashtra and Uttarakhand.
