The request for setting floor price was made in early 2020 after the Supreme Court’s judgement on the AGR case
The agreement marks a significant step forward in India’s advance towards becoming the pivot around which global developments on 5G take place
The ban means more opportunities for Huawei's main rivals, Swedish company Ericsson and Finland's Nokia.
Private 5G networks remove the need for businesses to jostle for speed with others on a public network and help enable data-intensive applications that use computer vision, augmented reality and machine learning to increase productivity.
The total capital expenditure or capex requirement when it comes to 5G rollout for Mumbai alone is seen at Rs 10,000 crore, and Rs 8,700 crore for Delhi, the report said.
Although industry's overall wireless subscribers rose nearly 3.5 million in July -- the first month of such gains since February -- the total `active subscribers'' count in July actually fell 2.1 million, as per TRAI data.
Vodafone-Idea users, namely from Maharashtra's Nagpur and Pune, took to Twitter to complain about connectivity issues. While some said they faced call drops others wrote they couldn’t make calls at all.
"The government of India has, inter-alia, approved the mandatory utilisation of capacities of BSNL and MTNL by all ministries/departments of government of India, CPSEs, central autonomous bodies,” a memorandum issued by the Department of Telecommunications (DoT) said.
The move translates into key business and technology benefits such as "significant cost reduction" and streamlining operational complexity, as Vodafone Idea chases new revenue streams and opportunities backed by a future-ready network to leverage the transformational power of 5G going forward, a joint release said.
The note by JM Financial titled `A tale of supremacy, defence and survival’ said with consolidation of India’s telecom industry largely complete, the wireless industry’s revenue is expected to double to about Rs 2,60,000 crore by 2024-25 as ARPU hike looks "inevitable".
The Made-in-India 5G-ready Ericsson Radio System products is expected to enhance the network experience of Airtel customers, the statement said but did not disclose the size of the renewed multi-year contract.
The legislative manoeuvring that India tried by retrospective amendment of its tax law to circumvent the Supreme Court judgment has failed to meet fair and equitable standards under its treaty obligations
AGR dues have added to the financial woes of Vodafone Idea and efforts are being made to resolve the financial burden through staggered payments, says Kumar Mangalam Birla, Chairman of Aditya Birla Group
PD Vaghela will succeed RS Sharma who is set to demit the office on September 30, 2020
Vodafone had won its case against the Centre at the Permanent Court of Arbitration against the around Rs 40,000 crore levied in retrospective tax dues. However, the government remains confident that Indian courts will deny the company's request to enforce the award
Further, the company said it is in the best position to upgrade 2G customers also to 4G, but it will continue with basic voice based services to its 2G subscribers.
TRAI has now informed VIL that ”the authority has decided not to proceed with the investigation/ further inquiry”.
China’s Huawei Technologies and ZTE will be kept out of India’s plans to roll out its 5G telecom network.
With 24-hour-plans starting at Rs 499 a day, JioPostpaid Plus users will be able to avail the company's latest offering
The telco had moved the International Court of Justice (ICJ) in 2016 due to a lack of consensus between the parties' arbitrators in finalising a judge for the tax dispute.
Operational telecom operators are expected to pay Rs 12,921 crore by March 31, of which close to 80 percent has to be paid by Vodafone Idea and Bharti Airtel.
Vodafone Idea CEO Ravinder Takkar called for swift implementation of the National Communications Digital Policy 2018.
The Supreme Court on September 1 allowed telecom companies to pay their balance AGR dues over the next 10 years
OTT services refer to applications and services that are accessible over the internet and ride on an operator's network. Skype, Viber, WhatsApp and Hike are some of the popular and widely-used OTT services.
TRAI chief RS Sharma also said that telcos are “free to increase tariffs” and TRAI would not interfere in the tariff plans at all.