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Friday, March 5, 2021

Telecommunications

Jio has spent the most in spectrum auctions

New Delhi, March 3 (IANS) Jio's spectrum purchase of Rs 571 billion ($8bn) was substantially higher than forecast (less than $3bn) and clearly there is some upside risk to the total capex forecast of $9bn over FY21-23, JP Morgan...

Spectrum Auction: Govt gets bids worth Rs 77,814 cr

New Delhi, March 2 (IANS) As the Department of Telecommunications (DoT) completed the spectrum auction on Tuesday, government receives bids worth Rs 77,814 crore in total, with Reliance Jio being the largest bidder. Addressing the media, Telcom Secretary Anshu Prakash...

Poor network experience forcing users to leave Jio for Airtel

New Delhi, Feb 24 (IANS) Airtel is fast gaining ground in India when it comes to wooing new users while the industry disruptor Jio is losing customers owing to "poor network experience", a new report has revealed. According to global...

Cabinet’s Rs 12K cr PLI push for domestic telecom manufacturing

New Delhi, Feb 17 (IANS) In line with the government's vision to make India a manufacturing hub, the Union Cabinet on Wednesday approved the Production Linked Incentive (PLI) Scheme for telecom and networking products at a budgetary outlay of...

Concerns of telecom sector not addressed in Budget: COAI

New Delhi, Feb 2 (IANS) The Budget proposals fell short of fulfilling the telecom sector's expectations of a reduction in the burden of levies and some Goods and Services Tax (GST) relief, the Cellular Operators Association of India (COAI)...

Apple to produce iPhone 12 series in India this quarter: Report

New Delhi, Jan 28 (IANS) Apple is reportedly ramping up production of iPhones, iPads, Macs, and other devices in India and Vietnam to end its dependence on China and new iPhone 12 series could be assembled in India "as...

Jio named 5th strongest brand globally in Brand Finance rankings

New Delhi, Jan 28 (IANS) Telecom major Reliance Jio is the fifth strongest brand in the world, shows the 'Brand Finance Global 500 2021' report. The annual report on the most valuable and strongest brands in the world noted that...

India 5G smartphone shipments to hit 38 mn units in 2021

New Delhi, Jan 21 (IANS): A decline in the price of 5G-ready smartphones will take the shipments of 5G handsets in India to 38 million units in 20201 — a nine-times annual growth and making up 21 per cent of...

Bharti Airtel gets approvals for 100% FDI in subsidiaries

Mumbai, Jan 12 (IANS) Telecom major Bharti Airtel on Tuesday said that it has received required regulatory approvals for 100 per cent foreign direct investment in its downstream companies. In a regulatory filing, the company said that it is initiating...

Airtels says Jio’s allegations ‘baseless’, condemns tower damage

New Delhi, Jan 2 (IANS) Telecom major Bharti Airtel has said that Reliance Jio's allegations claiming sabotage of the latter's tower infrastructure by its rivals are baseless and outrageous. In a letter to the Anshu Prakash, Secretary of Department of...

Latest News

Bond yields unleash bears, equity indices trade in red

Mumbai, March 5 (IANS) India's key equity indices traded in the red during Friday's mid-afternoon session on the back...