Says this is a first in his over 30 years of first-hand experience with Department of Telecommunications
Over 97% of total votes polled were in favour of the resolution, and the same "has been passed with requisite majority", the telco said in a regulatory filing on the outcome of its AGM
The spectrum harmonisation process, critical for 5G services, brings together a bunch of radio wave holdings within a band into one contiguous block with the consensus of all telecom service providers
They say tariff could be raised even for 4G services in a bid to increase 5G adoption
Vodafone Idea is slated to report its Q1FY23 earnings on August 3, whereas Bharti Airtel would report its results on August 8
After 9 rounds of bidding, govt kitty from spectrum sale touches Rs 1.49 trillion
The 5G auctions will be a financial boost for Prime Minister Narendra Modi's government, which is trying to tame inflation and rein in the fiscal deficit
Adani Enterprises (AEL) is pegged to replace Kolkata-based Shree Cement in the Nifty 50 index, a gauge for the performance of India's capital market
Broadband India Forum (BIF) estimates that there is scope for over 150 captive private wireless networks to be up and running once they are given spectrum
Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.
The Centre should privatise all PSBs, except the State Bank of India, a report by NCAER said. Read more on these in our top headlines
Telecom companies were offered a four-year moratorium on their AGR dues spectrum dues up to FY17, in line with a Supreme Court order
NSE has been slapped with a penalty of Rs 7 cr, its former MD and CEO Chitra Ramkrishna, former Group COO Subramanian and current Chief BDO Ravi Varanasi Rs 5 cr each
Telcos say that currently the eco system for equipment in this band (between 3600-3630 MHz) is not available globally and it will take at least three to four quarters for its commercial deployment
The company's tender offer to purchase $ 300 million worth of its 5.35% guaranteed senior notes of $ 1 billion due 2024 has commenced from June 21 and will expire on July 19, 2022, Bharti Airtel said
Airtel and Vodafone Idea down by 3.1 mn and 3.8 mn users respectively; Jio's base remains flat
"The government has announced the 5G spectrum auctions, and the rollout is expected from August this year," K Rajaraman said
Singtel seeks to unlock value of regional associate companies
"In the interest of ease of doing business, DoT took up the case with MoD (Ministry of Defence) to extend period of their clearance from the present six months to one year.
The govt is planning to roll out 5G for sometime now. But the telecom operators look upset, as some of their demands have not been fulfilled -- suggesting a lukewarm response of the upcoming auction