The industry body hailed corpus the budget proposal of Rs 1 lakh crore corpus for the technology sector as a positive measure
Budget 2024: For FY 23-24, the revenue target has been revised primarily due to prepayments by telecom operators for past spectrum auction instalments.
In television broadcasting, cord-cutting refers to viewers cancelling their cable or DTH subscriptions in favour of online streaming options
Experts said that the move to slash import duty for components used in manufacturing mobile phones to 10 percent from 15 percent earlier may allow handset makers to slash prices in the entry or budget smartphone segment.
Akshaya Moondra, CEO of Vodafone Idea Limited, on January 29, said that the telco was engaged with various parties for fundraising to make required investments for network expansion, including 5G rollout.
The position of TRAI chairman had been lying vacant for more than three months.
Total wireless subscribers increased from 1,150.98 million in October 2023 to 1,154.17 million in November, registering a monthly growth rate of 0.28%, TRAI data revealed.
By achieving the fastest 5G rollout globally, the Indian telecom industry has showcased its potential to drive the vision of a digitally empowered India.
However, Vodafone Idea's average revenue per user (ARPU) would increase YoY, led by increased prices for entry-level plans, say analysts.
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