Telecom industry to witness healthy revenue growth in FY23

Tariff hikes as well as continued increase in data usage is expected to accelerate telecom industry’s revenue growth in FY23. The sector has been saddled with debt due to complications such as the ‘Adjusted Gross Revenue’ (AGR) case verdict, which brought in a huge immediate liability on the books of telecom operators. “While the pandemic … Read more

India smartphone market logs 169 million units shipment in 2021, highest till date

India’s smartphone market registered its highest-ever shipments at 169 million units in 2021, according to a report by Counterpoint Research. Preliminary data from Counterpoint Research’s Market Monitor service said India’s smartphone shipments crossed 169 million units in 2021 to register 11 per cent year-on-year growth from about 152 million units in 2020. The market showed … Read more

Tejas gets selected by Airtel for optical network expansion

Tejas will supply, install and support it’s optical transmission products for extending Airtel’s optical networks towards the edge, supporting 5G, business-to-business (B2B) services and broadband applications. Key points to note – Tatas (through a subsidiary of Tata Sons) recently (July 2021) acquired a controlling 43.55% stake in Tejas for Rs 1,884 crore at Rs 258/ … Read more

AGR deferment has resuscitated the idea of a three-player market: Analysts

The government’s four-year breather to telecom companies from paying spectrum and adjusted gross revenue (AGR) has fired up the telecom stocks at the bourses in the past two trading sessions. While most brokerages have given a thumbs up to the development and suggest the provisions give some breathing space to Vodafone Idea (VI) – at … Read more

Successful Launch Brings OneWeb Closer to ‘Five to 50’ Ambition

OneWeb confirms successful launch and contact with all 36 satellites, bringing total in-orbit constellation to 218 satellites. One launch away from providing connectivity to regions north of the 50th parallel. Customer service on track to begin at the end of the year LONDON, May 29, 2021 /PRNewswire/ — OneWeb, the Low Earth Orbit (LEO) satellite communications company, … Read more

Dixon, Bharti Enterprises to form JV for manufacturing telecom products

Dixon Technologies, a contract manufacturer in electronic goods, on Wednesday said it has entered into a pact with Bharti Enterprises to form a joint venture to manufacture of telecom and networking products. “Dixon has entered into memorandum of understanding (MOU) with Bharti Enterprises to form a joint venture (JV), the company said in a regulatory … Read more