Page 8 - Telecom Industry

SK Telecom to conduct spinoff in November for future chip technology

SK Telecom decided to spin off a new investment company in November to expand its foothold in new tech sectors, as well as conduct a 5-for-1 stock split aimed at improving shareholder value

Sunil Jain, an outstanding journalist and a generous friend

That Sunil Jain was one of India's finest economic writers was evident from his weekly column 'Rational Expectations' in BS and then in the 'Financial Express' where he was the Managing Editor

Telecom companies at odds over the controversial Indian 5G standard

Concerns over efficacy as govt pushes for 5Gi

Airtel announces 5G ready platform to fuel 'World of Connected Things'

Telecom operator Bharti Airtel announced an integrated platform that enables enterprises to leverage the power of the Internet of Things (IoT) and gear up for the emerging era of 'connected things'

Trai considers survey to asses if tariff plans meet customer needs

Telecom regulator Trai is planning to conduct a consumer-facing survey to assess if tariff plans offered by operators are meeting actual requirements of varied categories of users

Airtel adds 6.9 million active users in January, extends gain: TRAI data

Telecom operator Bharti Airtel added 6.9 million active users in January, extending its market lead on this count even as Jio's active subscribers tally declined by about 3.4 million

Vodafone Idea admits to inadvertent error in subscriber data for January

Vodafone Idea (Vi) had reported a gain of 1.7 million subscribers in January, the first positive growth in last four months. However bulk of the growth was reported from Western UP

Nokia sees its comparable operating margin growing to 10-13% in 2023

Finnish telecom equipment maker Nokia sees its comparable operating margin growing to 10-13% in 2023, it said on Thursday

Samsung researchers to lead global 6G standardisation vision group

Samsung Electronics on Tuesday said that its senior researcher will lead the 6G standardisation and commercialisation working group of an international radiocommunication body.

Spectrum acquisition has put us on "strong footing", says Vodafone India

Spectrum acquisition in recent auctions to fill certain gaps in some circles has put VIL on a "strong footing" to be competitive in market, a senior company official said

Govt to amend telecom licence norms to control sourcing from China

The government is likely to amend the telecom licence that will help in controlling installation of network equipment from China and other non-friendly countries.

Spectrum auction surpassed estimates; industry's debt levels to rise: ICRA

The results of telecom spectrum auctions, that grossed over Rs 77,800 crore, have "exceeded" initial estimates, ICRA said on Tuesday. While the value of sales was just 19 per cent of the value of total spectrum on offer, the debt levels of the industry are expected to rise further, post the auctions, and the debt protection metrics would continue to remain weak despite improvement in operating metrics, it said. Commenting on the telecom spectrum auctions, Ankit Jain, Assistant Vice-President, ICRA, said that the outcome exceeded earlier estimates and have fetched the exchequer around Rs 77,800 crore of which around Rs 28,000 crore will have to be paid upfront. "The telcos not only bid for renewals of the expiring spectrum but focused on consolidating their spectrum holdings in the 800 MHz, 900 MHz and 2300 MHz bands. While the sub-GHz bands will be crucial for 5G technology deployment going forward as well as improvement of indoor coverage, the appetite for 2300 MHz band stems from

Spectrum auction: Govt receives bids amounting to Rs 77,146 cr in Day 1

A total of 2308.80 MHz spectrum is being put to auction, out of which there have been bids for 849.20 MHz so far, Ministry of Communications said in a statement

Bharti Airtel raises $1.25 billion through various debt instruments

The company said the order book was oversubscribed 3x on final pricing, with the peak order book of $5 billion at the time for final price guidance

Jio climbs to the top, becomes largest telecom operator in Gujarat

Jio started its services in September 2016. By end of December 2020, it climbed to the top-most position in the circle

4G spectrum auction: Reliance Jio makes the highest earnest deposit

Airtel is right behind Jio in terms of deposit money, followed by Vodafone Idea (Vi) with the least submission

Airtel, Jio, Vodafone Idea queue up to participate in 4G spectrum auction

However, the reservation was more on the high price of 5G spectrum, which hasn't made the cut in the upcoming tender

Explained: How India lost out on 5G network leadership opportunity

Over 140 operators in 63 countries already run commercial 5G services, according to the Global mobile Suppliers' Association

South Korea's 5G user base reaches 12 mn in 2020, up 900,000 since 2019

The figure accounted for 16.8 per cent of the total 70.5 million mobile network subscriptions in the country

US against use of telecom equipment from untrusted vendors like Huawei: WH

"Telecommunications equipment made by untrusted vendors, including Huawei, is a threat to the security of the US and our allies," White House Press Secretary Jen Psaki told reporters