Budget 2022: The required spectrum auction for 5G rollout will also be conducted in FY22-23, said the FM. She also informed that the contracts for laying optical fibres via the PPP mode will be awarded in FY23.
Lavelle Networks specialises in software-defined Wide Area Network solutions and it serves a range of industry segments.
As part of this partnership, Google intends to invest up to $1 billion, as part of its Google for India Digitization Fund, which includes equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the course of the next five years
A source, who did not wish to be named, said the primary goal of the preferential share allocation is not influenced by any sort of liability pressure but is inclined towards onboarding a strategic partner aligned with the long-term business objectives of the company.
Telecom Secretary K Rajaraman said that there is a constant endeavour to bring down the cost of operations of telecom services in the country, and the recently announced telecom reforms are a step in that direction.
The broadcasters' body has also been asked to release the television news ratings for the last three months.
Vodafone Idea (VIL) on Tuesday announced its decision to opt for converting about Rs 16,000 crore interest dues liability payable to the government into equity, which will amount to around 35.8 per cent stake in the company.
Upon conversion, the government is expected to hold a 9.5 percent stake in the company
As of March 2021, the company’s total debt stood at Rs 1.80 trillion. The shares of Vodafone Idea cracked 14 percent in early deals
Following conversion, it is expected that the Government will hold around 35.8% of the total outstanding shares of the Company, and that the Promoter shareholders would hold around 28.5% (Vodafone Group) and around 17.8% (Aditya Birla Group), respectively
In October 2021, Airtel had opted for the four-year moratorium on AGR and spectrum dues. However, the telecom companies was required to pay interest on these statutory dues during the moratorium period.
Airtel noted that the "seminal" telecom sector reforms package announced by the government has significantly boosted the outlook and investor confidence for the industry while simplifying the licence framework.
DoT, in an official statement, said that 5G trial sites have also been set up in Jamnagar, Ahmadabad, Chennai, Hyderabad, Lucknow, Pune and Gandhi Nagar.
The deadline for written comments, which was earlier set for December 28, 2021, has been extended after requests from stakeholders for more time, the Telecom Regulatory Authority of India (TRAI) said in a statement.
The sector that provides direct and indirect employment to millions is projected to see Rs 1.3 lakh crore to Rs 2.3 lakh crore of investments in the coming years in creating robust infrastructure and building telecom and network products that have been incentivised by the government through PLI and other initiatives.
The company had acquired 128.4 MHz spectrum, which includes the Telenor spectrum, for a consideration of Rs 19,051 crore in the 2014 auction
Vodafone Idea (VIL) and Bharti Airtel network also recorded a rise in average 4G download speed during the month.
VIL Managing Director and CEO Ravinder Takkar while speaking at India Mobile Congress said recent reforms announced by the government are steps towards addressing financial stress and legacy issues in the sector.
The Telecom Regulatory Authority of India (TRAI) in its consultation paper on 'Ease of Doing Business in Telecom and Broadcasting Sector' floated on Wednesday has sought views on making all the permissions online and setting up a single-window clearance system that will coordinate with other ministries concerned that are involved in granting permission to a telecom or broadcast player.
Speaking at the India Mobile Congress event, Kumar Mangalam Birla promised that Vodafone Idea Ltd (VIL) will be a "committed partner" as India makes rapid strides to achieve the vision of a trillion-dollar digital economy.
Airtel has expanded its Fibre-to-the-Home broadband coverage to over 430 towns with plans of covering 30 million households in over 2,000 cities in the next three years.
In his address, Mukesh Ambani said, "our industry can take legitimate pride in the fact that we have democratized the Mobile and Digital Revolution in India."
The Telecom Department has asked TRAI to provide recommendations on issues such as applicable reserve price, band plan, block size, quantum of spectrum to be auctioned and associated conditions for auction of spectrum in 526-698 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300-3670 MHz and 24.25-28.5 GHz bands, the regulator said in a statement.
The speed was achieved in the 26 gigahertz spectrum band, or the millimeter band, which is proposed to be put for sale in the future auction.
To understand how new and enhanced offerings for communication service provider will change the telecom landscape we have Mr. Saurabh Tewari, Director & Chief Technology Officer (Telecom), Dell Technologies, India and Mr. Manish Gupta, Senior Director & General Manager, Infrastructure Solutions Group, Dell Technologies India
