The tower infrastructure company expects Vodafone Idea’s fundraising to provide new growth opportunities soon as Vodafone Idea kickstarts its 4G expansion and 5G rollout in its 17 priority circles.
The road ministry has been trying to launch "digital highways" in India since 2022 with around 1,367 kilometres on the Delhi-Mumbai Expressway and 512 km on the Hyderabad-Bengaluru corridor being identified as pilot routes for the digital highway development.
Out of the total traceable imports of Rs 644 crore of access points from January 1, 2020, to April 30, 2023, from China. VoICE alleged the ongoing practice suggests that land border policy is not being adhered to strictly.
The Cellular Operators Association of India (COAI), representing Reliance Jio, Bharti Airtel, and Vodafone Idea, has labelled the sale of 6GHz-enabled Wi-Fi products on e-commerce platforms such as Flipkart, Amazon, and Moglix as illegal
The Huaqin joint venture will help Bhagwati secure new contract manufacturing business from Chinese brands such as Oppo, Vivo, and Realme, which are looking to shift a part of their production to India players with PLI approvals
ICEA, in its report, emphasised the critical need to develop a holistic design ecosystem encompassing the entire electronics value chain.
Amazon trails rivals Starlink, OneWeb, and Jio in terms of service offerings. It has allocated over $10 billion to launch Kuiper, which involves deploying 3,232 satellites into low Earth orbit by 2029
A revitalised Vodafone Idea is important for India. A nation of 1.4 billion people deserves 3 private telecom players, says Birla
Notably, Jio also has the world’s second-largest 5G subscriber base, at 108 million, with more than 28% of its total wireless data traffic now consumed by 5G users, the company said in its analyst presentation on Monday.
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 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
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.
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.
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.
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.
Revenue increased 11 percent to Rs 25,959 crore in the quarter ended March 31
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.
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 Communications MD and CEO A S Lakshminarayanan is expecting to launch its AI Cloud with Nvidia sometime later this year.
Notably, Indus Towers expects Vodafone Idea to clear all its pending dues in one go
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.
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.
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
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
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.