According to a regulatory filing by Bharti Airtel, the Department of Telecommunications, Delhi circle, has issued a notice imposing a penalty of Rs 2.55 lakh for alleged violation of subscriber verification norms.
Indian telecom companies are expected to witness a lackluster Q4FY23 because of sluggish revenue growth and increased expenses related to the 5G rollout. While Bharti and Airtel are expected to have stable subscriber growth, VI is predicted to continue losing market share.
The number of subscribers for Snapchat+ indicates the company is seeing success at a time when social media platforms are increasingly seeking to charge users for certain features.
Subscribers of both the companies will not require to replace existing sim for availing 5G services.
The Employees' Provident Fund Organisation (EPFO) had added 12.83 lakh net new subscribers in June 2021, the data showed.
Social media companies including Snap, Twitter Inc and Meta Platforms Inc , which all earn the majority of revenue from selling digital advertising, are facing a weakening ad market due to record-high inflation causing brands to reign in their marketing spending.
With recently held spectrum auctions, India is at a key point in its 5G connectivity and is expected to have ~200mn 5G subscribers by 2025.
"The number of subscribers in various schemes under the national pension system (NPS) rose to 507.23 lakh by the end of February 2022, from 414.70 lakh in February 2021, showing a year-on-year increase of 22.31 per cent," the PFRDA said in a statement on Thursday.
First time job seekers have contributed around 48.82 percent of total net subscriber additions in July.
The highest growth rate in mobile subscriber base was recorded in Jammu and Kashmir, while the biggest decline was recorded in Punjab at 3.34 percent.
Disney+ will make Hotstar their template for other South Asian markets that are also driven by local content and mobile consumption, with Indonesia being the first market
At present, the Employees' Provident Fund Organisation (EPFO) invests up to 15 per cent of its investible deposits into the exchange traded funds (ETFs) and so far such investments total about Rs 55,000 crore.
With recent mergers & acquisitions, the telecom sector will be left with 2-3 main players from the current number of 13.
The brokerage feels that the telecom firm's financials could see some pressure on the back of its aggressive offers to counter Reliance Jio; sees ARPU, revenues, margins and capex to be stressed.
In a step to maintain secrecy of one's mobile phone number getting exposed to retailers for possible misuse, Vodafone today introduced its Private Recharge Mode for its subscribers in West Bengal.
Subscribers of retirement fund body EPFO can now withdrawal money from their PF account using one common form and will not be required to file documents like marriage invitation cards for taking advances.
Reliance Jio (RJIO) today told Delhi High Court that telecom regulator TRAI has held that its free offers to subscribers was perfectly legitimate.
The GSM operators have added over 10 million users during November to reach 801.8 million subscribers base, with Idea Cellular leading the pack, according to data by cellular operators association COAI.
Airtel said that despite the prompt and colossal effort on its part, as on date, only 2,484 E1s (interconnect ports) are live out of a total capacity of 3,048 provided, primarily due to various reasons for delay "attributable solely to RJIO's under-preparedness and insufficient testing teams and efforts".
Most of the growth comes from acquisitions, says Bibhu Prasad Rath, CEO of the company. The target is to achieve 1 million subscribers by this fiscal.
State-run BSNL today said it will soon launch a promotional unlimited wireline broadband plan that effectively translates into less than Re 1 per GB download cost for subscribers if they use up to 300GB data in a month.
As rural India adopts Internet in increasing numbers, web users in the country are expected to more than double to 730 million by 2020, a Nasscom report said today.
Telecom Minister Manoj Sinha shared data on complaints received by sector regulator Trai, which show that 906 grievances related to call drops have been made since 2013.