Saudi Telecom Company (STC) and Swedish firm Ericsson announced on Wednesday plans to delve into potential sustainable initiatives to support the Saudi telco’s network infrastructure to highlight the Kingdom’s vision. “With this new MoU, we work yet again with Ericsson to push the ICT industry’s boundaries and focus on ensuring a sustainable, environmentally viable future,” […]
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Indian telecom operator Vodafone Idea might not have enough financial sturdiness to pull itself out of its accumulated $30 billion debt, despite governmental deliberation of a four-year moratorium on paying overblown past dues. Vodafone Idea’s extravagant debt of almost $30 billion is a result of the Indian government’s pressure on its telecom sector and telcos. […]
India’s telecom sector witnessed a striking fluctuation in its telcos’ subscribers, with Reliance Jio gaining 6.5 million and Airtel adding 1.9 million to its userbase during July, whereas Vodafone Idea’s consumer base went down by over 1.4 million, according to a data report by the Telecom Regulatory Authority of India (TRAI). With the emergence of […]
India’s Union Cabinet approved on Wednesday a profusion of the eagerly anticipated relief package aiming to support the country’s distressed telecom sector by providing the option of converting interest on spectrum dues into government equity. Prime Minister Narendra Modi’s Union Cabinet confirmed nine structural reforms and five process reforms leading to a transformation of India’s […]
Indian telecom operator Vodafone Idea (Vi) 2G subscribers would be the most affected if the company’s financial state remains unsolved, a source close to the matter told ET Telecom. In this case, Vi’s local rivals Reliance Jio and Bharti Airtel will have to facilitate alternative options for Vi’s 2G customers. Experts highlighted that these solutions include providing low-end 4G smartphones or 4G feature phones to Vodafone Idea’s low-end 2G customers. […]
Indian telco Reliance Jio added 3.55 million wireless subscribers during the month of May, acquiring the highest rank in the telecom industry for four consecutive months. Despite the overall wireless subscriber base drop throughout that month by 6.27 million, Jio outperformed its fellow Indian telcos Bharti Airtel and Vodafone Idea. Both providers lost 4.61 million and 4.28 million subscribers, respectively. As per data shared by the Telecom Regulatory Authority of India Trai, Jio’s wireless subscriber base increased by […]
The Blockchain technology Market in the Telecom Industry was valued at $157.9 million in 2020 and is expected to reach $2759.8 million by 2026, registering a CAGR of approximately 61.45 percent over the forecast period (2021 – 2026). The onset of the pandemic has highlighted the criticality of telecom infrastructure. The global health emergency is […]
Luxembourg-based telco Millicom International Cellular announced on Monday that it has signed agreements for the sale of its operations in Tanzania and for its stake in the AirtelTigo joint venture in Ghana. Once closed, the transactions will complete Millicom’s multi-year plan to divest its African operations and focus on its Latin America markets, the company […]
India’s Department of Telecommunications (DoT) ordered local telcos on Thursday to use “trusted products” and telecom kits for their networks as of June 15, 2021, subtly hinting at dropping Huawei gear. The DoT told operators in a communication that it has amended the Unified Access Services License Agreement by adding a layer of security telcos […]
Indian telcos across the board ended the two-day spectrum auction on Wednesday by committing a combined $10.6 billion to bolster their 4G spectrum across the country. The government-led auction saw operators purchase spectrum in several bands, the 700MHz spectrum, however, which can run 5G speeds, was left untouched due to its high reserve price. According […]