Telecom Sector

UTStarcom to expand its footprint in India

UTStarcom to expand its footprint in India

New Delhi [India], Apr 27 : UTStarcom India Telecom Pvt. Ltd., a global telecommunications infrastructure provider on Wednesday announced its plan to increase its investment in India at the 'Next Gen Innovation Summit 2017- and Beyond', an event organised by UTStarcom Inc.

"We have been committed to the Indian communications industry and have been making the required investments in India. The company would be increasing its investment in India so as to further consolidate its presence in the Indian telecom infrastructure market," said Tim Ti, Chief Executive Officer, UTStarcom Inc.

The company would be making investments in setting up its local manufacturing and R&D. Further investments will be used in increasing its equipment portfolio and scaling up its manpower in India.

Broadband labelling crucial to empower consumer experience: TRAI

Broadband labelling crucial to empower consumer experience: TRAI

New Delhi [India], Apr. 8 : CUTS International on Friday organised a conference in the India International Centre, New Delhi on designing a nutrition label for broadband services in India.

Such a label will enable complete information disclosure by the Broadband providers on Quality of Service (QoS), in a standard format to consumers, which may result in safeguarding consumers from misleading advertisements, unfair contractual terms, practice of non-disclosures and most importantly, help them choose between services.

Idea launches 4G services in Assam

Idea launches 4G services in Assam

New Delhi [India], Apr. 1 : Telecom operator Idea Cellular on Friday launched its 4G services in Assam circle, starting with five towns, namely Jorhat, Tezpur, Nagaon, Bongaigaon and Lumding, and is looking to further expand 4G network to cover 13 towns including Guwahati, by April 2017.

Idea also unveiled Digital Idea, a suite of digital applications for consumers in Assam. As part of the Digital Idea offerings, the company will offer a suite of three entertainment apps - Idea Music Lounge, Idea Movie Club and Idea Game Spark for its 13 lakh customers in Assam.

Ericsson collaborates with IIT Delhi to launch '5G for India' program

Ericsson collaborates with IIT Delhi to launch '5G for India' program

New Delhi [India], Mar. 30 : Ericsson and the Indian Institute of Technology Delhi (IIT Delhi) have signed a memorandum of understanding to jointly roll out a '5G for India' program.

To this regard, Ericsson will set up a Center of Excellence with a 5G test bed and incubation center at IIT Delhi and use this facility to drive the development of the country's 5G ecosystem.

This program has been conceptualised to fast-track realisation of Digital India initiatives and aid application development for Indian start-ups and industries.

In addition to hosting the Center of Excellence, IIT Delhi will conduct research and development to explore how some of the country's challenges can be addressed with mobile technologies.

Bharti Airtel completes secondary sale of 10.3 pct stake in Bharti Infratel

Bharti Airtel completes secondary sale of 10.3 pct stake in Bharti Infratel

New Delhi [India], Mar 28 : Largest telecommunications services provider Bharti Airtel Limited on Tuesday announced the successful completion of the secondary sale of over 190 million shares of its subsidiary Bharti Infratel Limited (Bharti Infratel) representing 10.3 percent, to a consortium of funds advised by KKR and Canada Pension Plan Investment Board for a total consideration of over Rs. 6,193.9 crore (approx. USD 951.6 million), executed at a price of Rs. 325 per share.

Bharti Airtel will primarily use the proceeds from this sale to reduce its debt. Following the closure of this transaction, Bharti Airtel's equity holding in Bharti Infratel stands at 61.7 percent, and that of KKR and CPPIB at 10.3 percent.

Vodafone launches recruitment programme for women on career break

Vodafone launches recruitment programme for women on career break

New Delhi [India], Mar. 04 : Vodafone has launched world's largest recruitment programme for women who took break in their careers.

The ReConnect programme is designed to attract talented women who have left the workplace for several years (in most cases to raise a family) and who would like to return to work on a full-time or flexible basis but are struggling to make the professional connections needed or refresh the skills required.

The programme will operate across 26 countries with a target of 1,000 ReConnect recruits within three years.

ReConnect will complement other Vodafone global initiatives focused on encouraging and supporting women in the workplace including the Group's groundbreaking global maternity policy announced in March 2015.

Verizon and Ericsson collaborate on global virtual network services

Verizon and Ericsson collaborate on global virtual network services

New Delhi, [India], Feb. 22 : Verizon Enterprise Solutions has partnered with Ericsson to provide enabling technologies for Verizon Virtualised Managed Network Services offerings that will be rolled out globally.

The self-service offerings give enterprises flexibility to dynamically combine virtualised features from a catalog of offerings, such as security packages, WAN optimisation and data center load balancing.

Ericsson is providing end-to-end dynamic orchestration, closed-loop service assurance and virtual network function (VNF) onboarding and testing. The solution is based on Ericsson's orchestration solution in conjunction with consulting and systems integration services.

Idea set to launch slew of apps to take on Reliance Jio

Idea set to launch slew of apps to take on Reliance Jio

New Delhi [India], Jan. 27 : Telecom operator Idea Cellular is set to launch a variety of apps across movies, TV, music, games and others next week as part of its bid to transform into a full-fledged digital services company, in competition to the new entrant- Reliance Jio Infocomm.

"As we leapfrog from being a voice and data services provider to becoming a full service digital solutions company, we continue to deliver on our promise of 'changing lives' and become the catalyst in fuelling the Digital India movement," said Managing Director of Idea Cellular, Himanshu Kapania.

He said that the company plans to cater to the demands of Indians driven by entertainment and of the 'on-the-move' online generation.

Commerce Ministry launches 'SEZ' app under e-governance initiative

Commerce Ministry launches 'SEZ' app under e-governance initiative

New Delhi [India], Jan. 16 : A mobile app called 'SEZ India' has been launched by the Commerce Ministry that provides detailed information about the country's special economic zones, an official statement said yesterday.

The SEZ Division, Department of Commerce under its broader e-governance initiative that is, SEZ online System, has developed mobile app earlier this month for Special Economic Zones (SEZs).

The Commerce Ministry launched the app and mentioned that the app would help the SEZ units and developers to find information easily and track their transactions on SEZ online System.

With the help of the app, the SEZ developers and units can file all their transactions digitally through SEZ online system and track the status.

Idea Cellular to raise Rs. 500 crore via non-convertible debentures

Idea Cellular to raise Rs. 500 crore via non-convertible debentures

New Delhi [India], Jan 13 : Telecom operator Idea Cellular on Friday announced its plans to raise Rs. 500 crore through issuance of non-convertible debentures.

The telecom company is proposing to issue unsecured redeemable non-convertible debentures amounting to Rs 500 crore on private placement basis.

Idea in a regulatory filing today announced its plan is to issue NCDs on January 17 on National Stock Exchange on which it is offering 7.77 percent annual interest.

"The date of maturity for these NCDs will be January 17, 2022. This would be the third fund raising round by Idea within a period of two months. Idea raised Rs. 1,500 crore on December 13 and Rs. 1,000 crore on January 4 through issue of debentures on private placement," added the regulatory filing. (ANI)

Indus Towers showcases innovative infrastructure

Indus Towers showcases innovative infrastructure

New Delhi [India], Nov 29 : India's largest telecom tower company Indus Towers is consistently working in line with its philosophy of 'Putting India First' while bringing best in class technology innovation in the country.

With sustainability and environment at the core of all initiatives, coupled with the management's approach of Design Thinking, the company is contributing to Digital India and Smart Cities dream by building new-age infrastructure.

With this focus of putting up a robust NextGen Digital services network, Indus Towers today announced their nationwide initiative of Aesthetic Sites.

Apple takes over Metaio

Apple takes over Metaio

Apple has taken over Metaio, a Germany-based firm whose augmented reality technology is used by the developers and enterprise customers.

Apple has acquired Metaio for expanding its AR experiments. According to this document, the deal was officially closed last week.

The company told ZDNet, that Apple has issued its standard statement on lower-value acquisitions, saying that Apple buys smaller technology companies from time to time. Generally, it doesn't comment on the purpose or plans behind the acquisition.

As per TechCrunch, Metaio was spun out of a project at Volkswagen. It was launched in 2003. The publication reported that signs, indicating a change in the company were emerged last month when it cancelled its user conference in San Francisco.

Sprint’s CEO claims to make company top wireless network within two years

Sprint’s CEO claims to make company top wireless network within two years

During a presentation at the Code Conference Sprint's Chief Executive Officer Marcelo Claure said that the company will be a top wireless network competitor US in terms of quality within two years.

Claure said that Sprint will have the No. 1 wireless network with vast airwave holdings and current projects, which will improve network coverage in cities and high traffic areas.

The CEO made comments following a meet with SoftBank executives in Tokyo. SoftBank owns about 80% of the Kansas-based company, the nation's third-largest wireless carrier behind Verizon Wireless and AT&T.

Claure had a major challenge some eight months ago when he took the reins at Sprint. The compaby has been struggling to gain new customers and to keep its status as the third- largest US wireless carrier.

Altice to purchase 70% of Suddenlink Communications

Altice to purchase 70% of Suddenlink Communications

Altice SA announced that it is going to purchase about 70% of the telecommunications company Suddenlink Communications. The decision has been taken by the company as Patrick Drahi, head of the French telecom group Altice, has embarked on an expansion into the United States.

On Wednesday, Altice revealed that the purchase has placed an enterprise value of about $9.1 billion on Suddenlink, which is currently the seventh-largest United States cable company. Apart from buying Suddenlink stake, Drahi's investment vehicle Altice had made a takeover approach for larger Time Warner Cable Inc. Earlier, merger of Time Warner Cable Inc. was cancelled in April, as per reports.

It’s a Mixed Treat for Vodafone!

It’s a Mixed Treat for Vodafone!

Tuesday saw Vodafone Group Plc, the second-largest mobile-phone company, report a quarterly rise for the first time in almost three years, 0.1 percent in the three months ended March. However, it continued to stay weak in Germany, which is its biggest market.

Vodafone, with over 440 million mobile customers in countries ranging from Albania to Ireland, Qatar, India, South Africa and New Zealand, witnessed mild improvements in Italy, Spain and Portugal while it remained weak in its biggest market, Germany. The reasons attributable to this fall in revenue are decreased consumer spending and regulator-imposed price cuts.

FCC fights back on Telecommunications Companies’ Petition to delay Net Neutrality Rules

FCC fights back on Telecommunications Companies’ Petition to delay Net Neutralit

On March 12, the Federal Communications Commission (FCC) published its Open Internet order, rules that are designed to protect net neutrality. Since then, the independent agency of the United States government faced a number of legal challenges from several telecom companies that are eager to bring down the new regulations of the agency.

On May 1, a group of companies filed petition for the commission to delay the implementation of its Open Internet order. The group which petitioned for the FCC to delay includes telecommunications companies like CenturyLink, AT&T, USTelecom, and wireless trade association CTIA. According to the group, reclassifying broadband as a service could be against the public interest. But the FCC did not agree to the group and has been fighting back.

AT&T reports Higher than Expected Profits

AT&T reports Higher than Expected Profits

Telecommunications major AT&T on Wednesday reported a higher-than expected earnings. The company also stated that very few of its wireless customers switched to other networks at a rate that was not seen in any first quarter.

The telecommunication company that has been awaiting regulatory approval for its $48.5 billion proposal to buy DirecTV is expecting additional cost savings of more than double than its previous forecast from the deal.

AT&T also stated that it added nearly 441,000 postpaid or contract subscribers and almost 1.2 million new wireless customers in the quarter.

China Mobile adds 53 million users to 4G network in first quarter

China Mobile adds 53 million users to 4G network in first quarter

China Mobile Ltd. added about $21 billion of market value in Hong Kong after the firm reported increasing adoption of its 4G services.

The world's biggest wireless carrier surged 7.5% to HK$115.9 at the close of trade, the biggest gain in almost six years. In the first quarter, China Mobile added 53 million users to the 4G network. The carrier reported that 143 million customers are now on the high-speed network.

The company has confronted increased costs to build its 4G network and attract users with promotions on tariffs and smartphones. According to Anand Ramachandran, an analyst at Barclays Plc, declines in average revenue per user have hit bottom after the first quarter result.

Singapore Telecommunications Limited to buy Trustwave

Singapore Telecommunications Limited to buy Trustwave

Singapore Telecommunications Limited, also known as Singtel, is going to buy Trustwave, information Technology Company situated in the United States. According to reports, Singtel, which is Southeast Asia's largest telecommunications operator, will but Trustwave for about $810 million. It is the company's biggest acquisition outside the main telecoms sector.

The deal proves that the telecommunications company has decided to move away from being a pure-play telecoms company. Singtel pursues expansion in sectors like digital life that includes digital advertising and mobile video.

Govt likely to raise Rs 90,000 cr from telecom auction: Crisil

Govt likely to raise Rs 90,000 cr from telecom auction: Crisil

Mumbai: Telecom players will bid aggressively in the forthcoming spectrum auction and the government may be able to raise Rs 90,000 crore through the sale of radiowaves, credit rating agency Crisil said Monday.

"With nearly half of Rs 1,200 billion annual revenues at stake for large operators, the importance of the forthcoming spectrum auction can't be overstated. Telecom operators will shell out more than Rs 900 billion to bag airwaves
(radiowaves) in the upcoming telecom auction," it said in a note.

The government has set a very high base price for the auction, which is slated to help public finances in a big way, given the slow revenue growth during the current fiscal.




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