Bharti Airtel steals a march on 5G rivals, conducts live testing of service

Exhibiting its 5G prowess, Bharti Airtel on Thursday announced that it had successfully conducted a live demonstration of 5G service over a commercial network in Hyderabad city. The company said the full impact of the 5G experience would be available to Airtel customers when adequate spectrum is available and government approvals received. Gopal Vittal, managing … Read more

Shares of Reliance Industries plunge 6% on disclosure concerns

Shares of Mukesh Ambani-led Reliance Industries (RIL) plunged nearly six per cent — the most since November 2 — after analysts raised concerns over disclosure standards. The country’s most-valuable firm on Friday reported record quarterly profit for the quarter ended December 31, but didn’t disclose gross refining margins (GRM), a key metric to analyse its … Read more

OneWeb launches 36 satellites; to offer hi-speed internet from 2021 end

Bharti Global and UK government on Friday said their joint venture OneWeb — a Low Earth Orbit (LEO) satellite communications operator — launched 36 satellites from the Vostochny cosmodrome in Russia. This takes the total in-orbit constellation to 110 satellites, part of OneWeb’s 648 LEO satellite fleet that will deliver high-speed, low-latency global connectivity, a … Read more

Spectrum auction: Cabinet approves next round of spectrum auction | India Business News

The Union Cabinet has approved the next round of spectrum auction, information and broadcasting minister Prakash Javadekar said on Wednesday. The minister said that the cabinet has approved relief for sugarcane farmers, improvement in electricity infrastructure in North Eastern states and the auction of spectrum. The Digital Communications Commission, the apex decision making body of … Read more

Bharti Airtel enters cloud communications market, launches ‘Airtel IQ’

Telecom operator Bharti Airtel on Monday entered the rapidly-growing cloud communications market with the launch of business-centric Airtel IQ’. A cloud-based omni-channel communications platform, Airtel IQ, aims to enable brands to deepen engagement with customers through timely and secure communication, a company statement said, terming the move as a “game changer” for the fast-evolving Indian … Read more

Reliance denies plans for Amazon mega-deal

Indian conglomerate Reliance denied a report Thursday that it was planning to sell a $20-billion stake in its retail business to US rival Amazon in a deal that could upend the country’s hugely lucrative e-commerce sector. The report published by Bloomberg on Thursday said that Reliance, owned by Asia’s richest man Mukesh Ambani, had offered … Read more

Telecom subscriber base falls to 116.3 crore in May; Jio, BSNL gain

Telecom consumer base in the country dipped to around 116.36 crore in May but service providers were able to narrow the loss of subscriber base to 57.6 lakh as compared to the previous month, according to data released by the sector regulator Trai on Wednesday. The telecom subscriber base had declined 85.3 lakh in April, … Read more