Qualcomm, Xiaomi to launch 5G smartphone under $99, to support Jio’s SA network
Jio and Qualcomm partnership with handset OEMs will ensuring connectivity for everyone, said Sunil Dutt, President of devices division at Reliance Jio.
Vodafone Idea offers to settle Rs 1,500-cr Nokia dues in tranches by end-2025: Report
Despite delays in clearing vendor dues, Vi's senior management remains confident that operational creditors, including Nokia, will continue to support the company.
DoT gets over Rs 1,000 crore from Jio, Airtel, Vodafone Idea in first batch of payments for new 5G spectrum
In the recent spectrum auction, which concluded on June 26, Bharti Airtel made a substantial investment, acquiring 97 MHz of 5G airwaves worth Rs 6,856.76 crore. Vodafone Idea also made a notable purchase, securing 30 MHz of 5G spectrum for Rs 3,510.40 crore.
iPhone slips from top five ranking in China as local brands rise
Market research company Canalys reported a 3.9% dip YoY in China iPhone shipments, and Counterpoint Research too saw a 5.7% drop for the iPhone.
HFCL Q1 net profit up 46%; in advanced discussions to export defence products
HFCL said it is in advanced discussions with companies in several countries to export defence products, including electronic fuzes.
Long-standing demands remain unaddressed; PCBA duty hike to push up cost of services: Telco body COAI
COAI said the telecom operators’ long-standing demands remain unaddressed.
Telecom gear PCBA duty hike to increase localisation and create jobs: Sunil Vachani, Dixon
Dixon has a joint venture with Airtel to make customer premises equipment (CPE) and routers. It expects the demand for these devices to pick up due to the rollout of the country's 5G fixed wireless access (FWA) broadband service.
FM proposes increasing PCBA duty from 10% to 15% on certain telecom equipment to push local manufacturing
Domestic and multinational companies ' local production of telecom equipment, leveraging the production-linked incentives (PLI) scheme, surpassed the milestone of Rs 50,000 crore. Exports totalled around Rs 10,500 crore, creating more than 17,800 direct jobs.
Private space companies want tax holidays and reasonable spectrum usage charge from Budget
Budget 2024:Private space companies have asked the Indian government to impose reasonable Spectrum Usage Charges as a percentage of Adjusted Gross Revenue.The Indian Space Association has also proposed allowing a 25 percent depreciation on the one-time license fee for satellite operators.
Telecom operators seek tax reforms, duty relief in 5G equipment
In their recommendations to the Ministry of Finance, telecom companies such as Reliance Jio, Bharti Airtel, and Vodafone Idea have highlighted the need to abolish regulatory levies like the Universal Service Obligation Fund (USOF) and Adjusted Gross Revenue (AGR). Additionally, they propose reducing the License Fee from 3 percent to 1 percent to alleviate the financial burden on the industry.
India features among world’s fastest-growing 5G networks: Eco Survey
The Economic Survey 2023-24 added that the total number of mobile towers in the country was 8.02 lakh as of June 2024, while the number of Base Transceiver Stations (BTSs) stood at 29.37 lakh, and 5G BTSs were 4.5 lakh.
Telecom tower companies want Budget to extend input tax credit to infra
The Digital Infrastructure Providers Association (DIPA) also wants industrial electricity tariffs for telecommunication infrastructure across states
Jio Platforms Q1 profit increases 12% to Rs 5,698 crore
Jio Platforms continued to build its market leadership with 33 percent increase in data traffic; 5G accounts for over 31 percent of Jio's wireless data traffic.
Tata Communications to continue making organic investments this fiscal, AI Cloud launch with Nvidia in Q3: AS Lakshminarayanan, MD
The full launch of AI Cloud with NVIDIA will be ready by Q3, he said, adding that the company will spend $250-$300 million this year on capacity expansion and organic product development. Any further investment will depend on inorganic opportunities that may come up, he said.
BSNL will have to meet daily 4G rollout targets; India to lead the world in 6G, says Scindia
All rules of new telecom law, which came into being last year, will be notified in 180 days, the telecom minister has said
Tata Communications Q1 net profit falls 13% to Rs 333 crore, revenue up 18%
Analysts expected Tata Communications' revenue to grow ~1% quarter-on-quarter, largely led by a 2.5% growth in the Data segment. They expected PAT to decline 39% QoQ to Rs 2.3 billion, due to lower Other income.
Nokia India Q2 net sales down 68% on lower 5G investments by top telcos
Nokia is in talks to secure fresh 4G and 5G equipment orders from Vodafone Idea
Indus Towers expects growth as Airtel, Vodafone Idea expand: Analysts
Vodafone Idea is expected to roll out over 60,000 tenancies in the next few quarters, a lucrative opportunity for the Indian tower industry
DoT directs suspension 24,229 mobile connections linked to 42 fraudulent IMEIs
One of the 42 IMEIs was found to be used by 4,146 mobile connections.
Telecom minister Scindia to meet private telcos on July 16 to discuss industry growth roadmap, reforms
Top executives of three major private telcos, Bharti Airtel CEO Gopal Vittal, Vodafone Idea CEO Akshaya Moondra and Jio Chairman Akash Ambani, are expected to participate in the discussions in Tuesday's meeting.
Vodafone Idea seeks waiver of Rs 24,700-cr bank guarantee from DoT: Report
The company has cited relief based on the spectrum auction rules of 2022 and 2024 in which the requirement for providing bank guarantees for the annual instalments has been removed
Airtel, Jio to record 10-11% topline growth, Vodafone Idea revenue to drop in Q1
For Airtel, the growth will be on the back of premiumisation-led ARPU growth while the growth for Jio will come on the back of strong subscriber addition
Budget 2024: Telcos dial Fin Min seeking tax reforms, duty relief in 5G gears
On exemption of customs duty, the COAI has requested exemptions on customs duties for certain telecom equipment to alleviate the cost challenges associated with deploying this critical infrastructure
Bharti Airtel denies data breach, report said 375 million users' details up for sale
Unverified reports had suggested that details of 375 million Airtel customers were allegedly available for sale on the dark web, an allegation that the company has dismissed.
