DoT to ask Trai to start fresh consultations on satcom spectrum allocation
The upcoming consultations will address concerns about ensuring a level playing field. Additionally, it will involve refining existing licenses to provide clear guidelines on the types of services that satcom companies with administratively allocated spectrum can offer.
Airtel eyeing control of Indus Towers, in talks to acquire Vodafone's 21.05% stake
Airtel is the biggest shareholder in Indus Towers, with a 47.95 percent stake. If it acquires Vodafone stake, Airtel's shareholding in the tower company will climb to 69 percent
Administrative allocation of spectrum only in limited cases; auction route to continue: Govt sources
The Department of Telecommunications (DoT) moved the Supreme Court on April 22 to modify the 2012 order to allow for administrative allocation in select cases where using the auction route is not technically feasible.
Lava hopeful of securing funds this fiscal to grow smartphone biz; forays into smartwatch market
In September 2021, Lava International Ltd filed a draft red herring prospectus (DRHP) with markets regulator Sebi to raise about Rs 500 crore through a fresh issue of shares and private placement of about Rs 1,000 crore. However, the company shelved the IPO plans due to tough market conditions.
Reliance Jio seeing strong adoption of JioAirFiber: Kiran Thomas
Jio’s fixed wireless access (FWA) service, JioAirFiber, is now being offered across nearly 5,900 cities/ towns, with further ramp-up towards pan India coverage soon.
Jio ARPU at Rs 181.7, 5G base swells to 108 million subscribers
The telco’s pan-India True5G network now has over 108 million subscribers. Jio’s 5G network now carries over 28% of the telco’s wireless data traffic, with the entire 5G data being carried on its own 5G+4G combo core.
Reliance Jio fourth quarter profit rises 13% to Rs 5,337 crore
Revenue increased 11 percent to Rs 25,959 crore in the quarter ended March 31
Kaynes Semicon scouts for global talent in chip assembly, says Centre's nod for OSAT 'very soon'
CEO Raghu Panicker said the company plans to differentiate itself from other OSATs in India with and is planning roadshows in Malaysia and The Philippines to attract top talent.
Nokia, Ericsson Q1 sales fall in India as top telcos normalise 5G network investment
Both European vendors expect fresh deals from struggling telco Vodafone Idea, which has earmarked Rs 12,750 crore of the total FPO proceeds to purchase equipment for expanding its network infrastructure by setting up new 4G sites, expanding the capacity of existing 4G sites and new 5G sites.
Tata Comm AI Cloud with Nvidia to launch this year; investment to continue says CEO
Tata Communications MD and CEO A S Lakshminarayanan is expecting to launch its AI Cloud with Nvidia sometime later this year.
Vodafone Idea priority is to settle vendors dues gradually, but no 'one-shot' clearance: CEO
Notably, Indus Towers expects Vodafone Idea to clear all its pending dues in one go
Satcom not a priority area, but open to partnerships in future: Vodafone Idea CEO
Moondra said that a major growth story in the telecom industry exists in the wireless terrestrial market through 4G and 5G services and not satcom services.
Vodafone Idea will engage with lenders more seriously once FPO funding is in, says CEO
Akshaya Moondra reiterated the need to increase telecom tariffs saying that it will help telcos recover their cost of capital and generate free cash. He, however, declined to comment if Vodafone Idea will take the lead in introducing tariff hikes in the country.
OnePlus reacts to Indian retailers' boycott threat, says working to resolve issues
South Indian Organised Retailers Association (ORA), in its April 10 letter to OnePlus India’s director of sales, Ranjeet Singh, threatened to discontinue the sale the brand’s products in 4,500 stores across Southern and Western states
Nokia sees 'significant' growth for software business in India
Industries such as ports, manufacturing, logistics, and airports are still looking to digitalise their operations in India, which offers Nokia a great business opportunity, Raghav Sahgal, president, cloud and network services, has said
Vodafone Idea FPO to improve competitiveness with rivals; meaningful market share gains unlikely: Analysts
While the fund-raise should improve Vi’s near-term fortunes, analysts said they don’t expect Vodafone Idea to gain any meaningful market share from its peers.
Vodafone Idea to roll out 5G in 6-9 months; to cover 40% of revenue base, says CEO
India’s third largest telco plans to spend the Rs 18,000 crore capital raised from its follow-on public offering to set up new 5G sites, expand its 4G network, and defer spectrum payments
Musk's Starlink licence application nears India nod as DoT fast-tracks process
Eutelsat OneWeb, Starlink, Jio Satellite Communications and Amazon are vying for a portion of the burgeoning Indian market, which has significant growth prospects
Zetwerk’s Josh Foulger urges government to open up mobile phone PLI scheme with no riders
Zetwerk is investing Rs 1,000 crore to expand its electronic manufacturing capacity for smartphones, TVs, hearing aids, wearables, wi-fi routers, PCBAs, and IT hardware like laptops and servers
NIIF invests $200 million in iBus Network for majority stake
The funds will be deployed towards scaling iBUS’ operations through organic and inorganic growth initiatives, the companies have said
Airtel to lead telecom tariff hike of 15%-17% post Lok Sabha elections: Analysts
The December 2019 tariff hike was the first one after Jio launched its service in 2016, and it was followed by another hike in December 2021.
Dutch NXP Semiconductors to double R&D presence in India; eyes DLI participation
The company employs more than 4,000 engineers at its sites in India, including Noida, Bengaluru, Hyderabad, and Pune
Qualcomm, MediaTek take smartphone chip rivalry to India's automotive sector
Qualcomm and MediaTek are increasing their focus on India’s automotive industry which is embracing the EV revolution. Both companies are strategically pivoting towards the sector and are lining up new investments to win more customers at a time when growth in smartphone market is stagnating.
TRAI starts consultation on new spectrum bands for IMT, satcom
This is the first time three spectrum bands in 37-37.5 Ghz, 37.5-40 Ghz and 42.5-43.5 Ghz are being proposed for the auction. The proposal will make available 4,000 Mhz spectrum for 5G services in the future.
