BSNL has started deploying 4G towers and the speed will pick up after Diwali. Once the 4G rollout stabilises, we will enable 5G on the BSNL network next year, said Vaishnaw
The combined market valuation of five of the top-10 most valued firms jumped Rs 86,234.73 crore in a holiday-shortened last week, with Tata Consultancy Services (TCS) emerging as the biggest gainer. While TCS, HDFC Bank, Infosys, Hindustan Unilever and Bajaj Finance were the gainers, Reliance Industries, ICICI Bank, ITC, State Bank of India and Bharti Airtel emerged as the laggards. Last week, the BSE benchmark climbed 167.22 points or 0.25 per cent. The market valuation of TCS rallied Rs 32,730.22 crore to Rs 13,24,649.78 crore, the most among the top-10 firms. Bajaj Finance added Rs 21,697.96 crore taking its valuation to Rs 4,94,884.37 crore. The valuation of Infosys jumped Rs 18,057.94 crore to Rs 6,13,655.04 crore and that of Hindustan Unilever climbed Rs 7,730.16 crore to Rs 5,87,104.12 crore. The market capitalisation (mcap) of HDFC Bank gained Rs 6,018.45 crore to Rs 11,63,164.31 crore. However, the valuation of Reliance Industries declined Rs 19,336.49 crore to Rs ...
With the start of the World Cup cricket tournament, Reliance Jio and Bharti Airtel have rolled out plans to woo cricket fans. Reliance Jio has started offering multiple prepaid plans bundled with Disney+ Hotstar where users will be able to watch World Cup cricket matches. Bharti Airtel has launched two plans, which include unlimited data for 2 days against a payment of Rs 99 and 6GB of additional data with 1-day validity for Rs 49. On the other hand, Jio has rolled out monthly, quarterly and annual plans bundled with data, unlimited voice, and subscription to Disney+ Hotstar mobile. Jio's basic plan is priced at Rs 328 and comes with 1.5 GB high-speed data per day for 28 days and a 3-month Disney+ Hotstar mobile subscription. In addition, Jio has also introduced a Rs 758 plan, which offers 1.5 GB of high-speed data per day for 84 days and comes with a 3-month Disney+ Hotstar mobile subscription. Similarly, plans priced at Rs 388 and Rs 808 offer 2 GB of high-speed data per day fo
Airtel had earlier targeted rolling out 5G services in all key towns and rural areas by September. Jio aims to reach every district and town with 5G by the end of 2023
For both Jio and Airtel, capital expenditure has increased exponentially as they sink in unprecedented levels of investments into the network rollout for 5G services
Trai data revealed that 11.7 million subscribers had submitted requests for Mobile Number Portability (MNP), signalling a sustained trend of Vi users migrating to other operators
The company aims to reach upto 200 million homes & premises with new service
The Home Ministry is also evaluating the application for security-related checks, and a meeting has been scheduled this week, which is expected to see the participation of Starlink executives
Stocks to watch on Friday, September 15, 2023: Buzzing today - Infosys secures a $1.5 bn global deal, GMM Pfaudler inks $7 mn acquisition and RBI places 15 NBFCs in top layer.
The ARPU rise has helped operating profit grow by 5.6 per cent (quarter-on-quarter) Q-o-Q in Q1FY24
Troubled Vodafone Idea (VI) has around Rs 7,000 crore in the form of one-time spectrum charge (OTSC) dues
Nearly 300 million feature phone users will benefit
Airtel will do this by acquiring stakes in two renewable energy project companies - Continuum Green India and Vibrant Energy Holdings
Airtel has also entered into a similar stake purchase agreement with the project company Vibrant Energy to supply solar power to its Edge data centre in Vijaywada
The sector's Average Revenue per User (ARPU) for the mobile business rose to 142.3
ARPU is an important indicator of a telecom company's business health. Here is what it means
Airtel's ARPU has grown 9.28 per cent from ₹183 in the first quarter of the previous financial year, much sharper than the 2.8 per cent in Jio's case
Reliance Jio's total headcount at FY23 end was 95,326; Airtel's headcount was 64,407; and Vodafone Idea's was 15,604
Telecom operator Bharti Airtel on Tuesday said claims worth Rs 45,286.76 crore against the company and its subsidiaries are under litigation in various courts across the country. The pending litigations include a demand of Rs 15,178 crore, the highest among all, for one-time spectrum charges that was raised by the Department of Telecommunications (DoT) in January 2013. Initially a demand notice of Rs 5,201.2 crore was raised by the DoT, which was revised to Rs 8,414 crore in 2018. "The company challenged the demand notice of Rs 5,201.2 cr dated January 8, 2013 (revised to Rs 8,414 cr in 2018), issued by Department of Telecommunications towards one-time spectrum charge (OTSC). The Bombay High Court vide order dated January 28, 2013 and October 4, 2019, granted interim protection to the company. Matter is pending adjudication," Bharti Airtel said in a regulatory filing. The second biggest claim in the list of litigation includes a claim of Rs 4,439 crore by a company's subscriber, wh
Wynk Music said that it would add music catalogue from Yash Raj Films (YRF), Saregama, and Phonographic Digital Limited (PDL) in Dolby Atmos format in eight languages