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Smartphone company POCO expects an upgrade to 5G mobile phones from 4G coupled with pricing and design strategy to drive growth of the company's business by 60 per cent in this year, a top official of the company said. POCO India Country Head Himanshu Tandon told PTI that the sub-Rs 10,000 smartphone segment is likely to be most impacted because of inflationary pressures and rupee depreciation, and the industry will see strong competition in the Rs 20,000-Rs 30,000 mobile phone segment. "I think the opportunity area for the market to grow is basically the upgrade from 4G to 5G. People upgrading from 4G to 5G smartphones is one of the critical factors that can basically help the overall smartphone industry to grow," he said. Tandon said that POCO strategy in the year 2023 will be to keep a lean portfolio with focus on performance and design of the smartphones at aggressive pricing. The company has plans to launch its POCO X5 Pro 5G smartphone next month embedded with Qualcomm ...
The telecom subscriber base in the country declined by 117 crore in October due to Vodafone Idea losing a large number of mobile customers during the month, as per a report of sector regulator Trai published on Monday. Only Reliance Jio and Bharti Airtel added new customers in October while all other players mainly Vodfone Idea and state-owned BSNL lost a large customer base. Reliane Jio and Bharti Airtel jointly added 22.1 lakh mobile customers while Vodafone Idea (VIL) lost 35 lakh mobile customer, BSNL lost 5.19 lakh and MTNL lost 3591 mobile subscribers. "The number of telephone subscribers in India decreased from 1,171.92 million at the end of September '22 to 1,170.45 million at the end of October '22, thereby showing a monthly decline rate of 0.12 per cent," the Telecom Regulatory Authority of India (Trai) said in the subscribers report for October 2022. Total mobile subscribers decreased to 114.36 crore at the end of October from 114.54 crore at the end of September.
The government is expecting to get Digital Personal Data Protection Bill and Telecommunication Bill passed in Monsoon session of Parliament, Union Minister Ashwini Vaishnaw said on Monday. While speaking at Google For India event, the IT and telecom minister said another bill on Digital India Act will be also floated in a month for public consultation. The minister said Digital Data Protection Bill and Telecommunication Bill would be passed in Parliament in July-August. He said under Telecommunication Bill, the government will be coming up with light touch regulation with focus on user's protection.