Page 13 - Telecom Sector

Government to convert Vodafone Idea's dues into equity; stock zooms 24%

Shares of Indus Towers, too, surged 15 per cent to Rs 164.80 on the BSE

From automotive to telecom, here's how the Budget affects key sectors

Financial sector identified as one of the priority sector as part of "Vision Amrit Kaal

India-made 4G, 5G technology stacks may go global during G20 meet

The plan remains a proposal at the moment, dependant on key developments in telecom space in 2023

Jio, Airtel bag 20 million 5G customers in 4 months of service rollout

5G services rolled out in 190 cities already; India to have 369 million 5G customers by 2026

India second largest sales market for Ericsson in October quarter

India contributed 6 percent of net sales for the telecom network equipment maker, a share smaller than only the United States

Adani Group has no plans to enter telecom sector: Chief financial officer

Adani Enterprises' unit Adani Data Networks purchased airwaves worth nearly $27 million in the country's 5G auction last year

DoT may approach LawMin for clarity on spectrum allocation to entities

The DoT will likely enquire on whether the spectrum is to be given administratively or through auction.

Vodafone Idea approaches banks for loans worth Rs 7,000 crore: Report

The lenders have, however, sought clarity from the telco on the Government's potential shareholding and its plans to infuse capital in Vi

Reliance Jio and Bharti Airtel launch 5G services in Bhubaneswar

Telecom operators Jio and Bharti Airtel on Thursday started their 5G services in the state capital. The 5G services of both the companies were unveiled by Union Education Minister Dharmendra Pradhan and Union Telecom Minister Ashwini Vaishnaw at an event here. Vaishnaw said that the Narendra Modi government has sanctioned a total of Rs 5,600 crore for telecom services in Odisha in the 2022-23 and 5,000 mobile towers will be installed across the state for world class communication facilities. Vaishnaw had committed to start 5G services in the state before January 26. Telecom Secretary K Rajaraman said that the government has also dedicated 100 towers for 4G services in rural areas of the state. He announced the setting up of a 5G research lab at Siksha O Anusandhan (SOA) University in collaboration with Jio.

Indus Towers appoints Prachur Sah as MD & CEO, to suceed Bimal Dayal

Telecom infrastructure company Indus Towers on Wednesday said it has appointed Prachur Sah as managing director and chief executive officer of the company with effect from January 3, 2023. The position had been vacant since the resignation of Bimal Dayal in July. Prior to his appointment as MD and CEO of Indus Towers, Sah led the oil and gas vertical of Vedanta, Cairn. At Vedanta, he was instrumental in leading the next phase of organizational growth with a focus on delivering volumes, cost, growth projects, etc. "As India enters the 5G era, Indus Towers stands to play a crucial role in partnership with various stakeholders including mobile operators," Sah said. He was previously associated with Schlumberger for close to 18 years in various roles including Managing Director of South Asia region, leadership positions in line management, HR, safety, marketing across the Middle East, Latin America, Europe, India, and the US.

5G rollout to drive telecom hiring in 2023: Staffing company NLB Services

The 5G rollout is expected to drive hiring in the telecom sector in 2023, as the expansion of the high-speed service unleashes a "compounding impact" on recruitment for both non-niche skills and technical skills, according to NLB Services. As compared to 2021, demand for specialised telecom technology talent grew by almost 20 per cent in 2022, the international staffing and recruiting company said in a statement. Going forward, the hiring demand is not going to be restricted to the telecom sector alone, it estimated. NLB Services predicted that sectors such as healthcare, retail, manufacturing, and automotive are also expected to recruit tech talent to scale up their service capabilities around 5G. Data scientists, and cybersecurity professionals are some of the key profiles in non-telecom sectors. "In the last year, there has been a 15-20 per cent rise in demand for technology talent in the telecom and allied sectors, and the trend is expected to create a new record 25-30 per cen

Telecom set for 5G, to attract Rs 1.5 trn in 2023; tariff hikes likely too

From connecting people with 5G services to lowering the cost of operations, the country's revitalised telecom sector is witnessing the bloom of reforms, and is set to attract more than Rs 1.5 lakh crore investments to build up networks in the new year. Once the poster boy of India's growth story, then a debt-laden segment that saw many players withering away and now riding the wave of reforms as well as big-ticket investments, the telecom sector turned a new chapter in 2022. While the Adani group is yet to unveil its full-fledged plan for the telecom business, Reliance Industries Chairman Mukesh Ambani has committed Rs 2 lakh crore investment for rolling out a 5G network across the country by December 2023. "It has been an exciting year because of the launch of 5G, a much-awaited technology for 4-5 years. This is a big step forward. We look forward to a robust rollout of 5G next year because this year is just the beginning. "We are all working on use cases. We are telling state ...

India may emerge as China's alternative for telecom solutions, say experts

5G is expected to account up to 2 per cent of India's Gross Domestic Product (GDP) by 2030

20 years at Reliance helm: Mukesh Ambani redefines scale, business growth

From inheriting legacy textile and oil businesses to stepping into retail, telecom and digital, RIL is a company for New India, say experts

Govt calls telecom operators on Wednesday to discuss rising call drops

Telcos have assured that once the mobile handsets are synchronised with the 5G technology, the quality will improve

Telecos divided over benefits of artificial intelligence, big data tech

Operators have taken up conflicting positions on the need to create common AI terminology standards before leveraging the new-age technology in the telecom industry

Jio installed 5x more 5G radios than Airtel as of Nov: Telecom dept in RS

Airtel cites difference in tech after govt presents data in Rajya Sabha

Ericsson scaling up production in phases at Pune to meet India' 5G demand

Ericsson is supplying its equipment to both Bharti Airtel and Reliance Jio while Vodafone Idea is yet to finalise its 5G plans

USOF successor to focus on indigenising tech, hiring global bandwidth

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

Private companies lap up Esri's GIS software for multiple uses

Government departments have used it to build village land records, track rural roads, and manage water resources