At an overall company level, STL also reduced its net debt by Rs 174 crore from FY 23.
Besides this, Vi has announced the 'Job Mela' initiative in collaboration with Job Hai.
Nokia expects the challenging environment of 2023 to continue during the first half of 2024, particularly in the first quarter.
Among the offers that Vi Max provides are memberships for Amazon Prime, Disney+ Hotstar, SonyLIV and SunNXT.
The advanced payments will help Airtel save costs annually and boost cash flow ahead of the next round of spectrum auction, which is likely to happen within this fiscal year.
OnePlus' offline channel presence expansion will also create several direct and indirect job opportunities.
Börje Ekholm, President and Chief Executive, said that the availability of a nationwide 5G network will spur local innovation and entrepreneurship, resulting in new 5G use cases, and helping telecom operators to monetise their network investments.
A reduction in capex investments in India was expected at the beginning of 2024 but occurred earlier than anticipated, the Swedish firm has said
Starlink in India: Elon Musk's Starlink will be the third internet service provider to offer satellite internet services in India.
The Pran Pratishtha ceremony will be attended by nearly 7,000 invitees, including politicians, industrialists, celebrities and sports personalities. Prime Minister Narendra Modi will reach Ayodhya soon to kick off the Ayodhya Ram Mandir inauguration ceremony.
Tata Communications' unit was mainly responsible for handling the operation and maintenance of Vodafone Idea's fiber assets.
The telco said that Jio True 5G network now carries almost one-fourth of Jio’s mobility data traffic, and the entire 5G data is now carried on Jio’s own 5G+4G combo core.
With this, Starlink will become the third company after Jio Satellite Communications and OneWeb to receive such licenses from the government.
This is the first such large order for 5G networking equipment placed on any Indian company by any telecom service provider, the company said, without naming the telecom operator.
Tata Communications has been on an acquisition spree in the last few years and has acquired Oasis, The Switch, and Kaleyra.
The Sunil Mittal-led telco’s focus on the feature to smartphone migration and premium users has already helped it uplift blended ARPU even without tariff hikes
The Indian Cellular and Electronics Association (ICEA), in its recent report, highlighted that India has the highest tariffs of inputs in electronics manufacturing, which contradicts the government's policy objectives of building a local ecosystem and increasing domestic value addition.
After the commercial 4G launch, BSNL aims to become a formidable competition to private telecom operators.
Industry body COAI said the proposal needs to be reviewed to ensure a level playing field for all participants.
The American company has already announced plans to invest about Rs 177 crore in Chennai. More investments are being planned in Hyderabad, Noida and Bengaluru. It is also seeking to work with small, local semiconductor firms
For Jio, the potential investment assumes significance as it would allow the company to gain a strategic foothold in the Sri Lankan telecom market.
Adani Energy Solutions has an order book of over 20 million smart meters from the power utilities of Assam, Andhra Pradesh, Bihar, Maharashtra and Uttarakhand.
Telecom company plans to contest alleged contravention regarding CENVAT credit transition
India telecom news: Given the sustained rally in the share price of the company in the past six months potential investors feel that there may not be much upside left for a convertible structure transaction.
Submitting details of the orders received by the company under the Central Goods and Services Tax Act, Airtel said the order was received on December 24.