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
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
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
The bankrupt satellite firm whose investors include SoftBank Group Corp., people with knowledge of the matter said. An arm of Mittal’s Bharti Enterprises Ltd. conglomerate made an offer for London-based OneWeb with backing from the U.K. government, according to the people, who asked not to be identified because the information is private. The U.K. government … Read more
That could either have meant that Jio Platforms would raise about $5.7 billion more, or sell another 10% stake. But as it turns out, the company has ended up selling an additional 12.4% stake already to global investors, and has raised $8 billion more. At the rate Jio Platforms is signing up investments—$1.3 billion per … Read more
To build 5G speed network connections and IoT functionalities across industries. With its AI-powered novel communication architecture, the company is set to release a beta version of next-generation satellite constellations this September. It plans to launch a fully operational constellation of satellites in early 2021 into Low-Earth-Orbit or Geosynchronous Equatorial Orbit. The company plans to … Read more
Supreme Court has dealt a significant blow to the telecom sector’s hopes. Vodafone Idea is the most impacted one. Why should it survive?