Page 8 - Telecom Sector In India

Upgrade to 5G mobile phones to drive growth, aim 60% biz jump in 2023: POCO

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 ...

5G infra to cost Rs 3 trn in next 4-5 yrs amid elevated debt levels: Icra

India currently has around 35 per cent of its towers fiberised for 5G and the backhaul infrastructure will cost a whopping Rs 3 lakh crore over the next 4-5 years, rating agency Icra said on Monday

TMS Ep346: Telecom sector, investment cycle, Q3 results, WHO warning

Has the telecom sector recovery lost steam? Does higher demand point to the start of an investment cycle? Banks' earnings growth touched a peak in Q3? What is WHO's warning about alcohol? Answers here

Adani Group plans to roll out 5G services, consumer apps this year

The plan for B2C (business-to-consumer) apps for consumers comes as an unexpected move by the company

Brokerages pick banks, infra and telecom for 2023 play; IT, metals may drag

The banking sector was a standout performer in 2022 with the Nifty PSU Bank rallying almost 70 per cent

Bharti Airtel sees limited scope of 5G monetisation currently: Executive

Fewer people upgrading to 5G handsets, says top executive

Identifying 6 GHz spectrum crucial step for attaining faster 5G, says COAI

As India rolls out 5G at a much faster pace than expected, it is critical to identify 6 GHz band for international telecommunications services, the Cellular Operators' Association of India (COAI) said

Telcos seek tax credit refund, reduction in levies ahead of Budget 2023

The telecom sector says that over a third of their earnings is currently paid to the government as levies

Indians seek advanced computational capabilities in 5G devices: Report

The report also said that Indian consumers remain concerned about limited coverage, replacement of existing devices and privacy of data

Subscriber base dipped to 11.7 mn in Oct after VIL customer loss: Trai

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.

Data protection, telecom bills to pass in monsoon session: Ashwini Vaishnaw

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.

USOF successor to focus on indigenising tech, hiring global bandwidth

Govt plans to include fund in upcoming telecom Bill despite telcos' opposition, officials said

Tighter quality of service norms for telecom service providers on the cards

It intends to improve telecom services at a time when the country is quickly adopting 5G technology

India second among 21 countries in H1 2022 Arpu rise, shows data

Also ranked 6th among 26 countries in data usage growth over same period

Reliance Jio announces rollout of 'True 5G' service in Delhi, NCR cities

Company's welcome offer will give users unlimited data at up to 1Gbps speeds

5G set to cover 80% of India by next October if chip supply is assured

Telcos to install over 1.5 million radios by then; all metros, and towns will be covered, say vendors

No word from DoT on dues' conversion since April: Vodafone Idea CEO

In an analyst call following the release of Vi results, CEO Akshaya Moondra said the company is trying to quickly close funding talks with banks so that stuck vendor payments can be quickly addressed

Empowering Gati Shakti

Done the right way, the smart platform for infrastructure planning and execution could lead to tremendous productivity benefits

HFCL gets nod to avail incentive up to Rs 653 cr under PLI scheme in 5G era

Telecom equipment manufacturer HFCL Limited said it has received an approval to avail incentive up to Rs 652.79 crore as part of government's PLI scheme, as the country kicks off the 5G era.

Indus Towers revises report, drops para on govt stake in Vodafone Idea

Tower installation firm had said conversion of interest into equity stake for the government can be decided only after telecom company's stock price improves