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 […]
India
Indian operator Airtel has introduced a data add-on for its prepay customers by offering 15GB for mobile internet traffic for $1.62, The Economic Times reports. There are no call or SMS included in this tariff plan. The add-on includes a 30-day bonus subscription to one of the three channels on the Airtel Xstream mobile app. […]
As Vodafone Idea descends deeper into its doom, India’s leading telco stock plunged on Wednesday over 5 percent in afternoon trading hours on Bombay Stock Exchange after the operator’s proposals to revive the telecom sector had been snubbed during a recent Cabinet meeting. Last month, the telco’s shares witnessed an 18 percent rise, reaching 31 […]
Vodafone Idea’s (VI) fate is now controlled by the Indian government as the impending demise could immensely affect telecommunication service rivals, stakeholders, and the government, resulting in catastrophic outcomes on the country’s telecom sector. India’s telecommunication sector is wielding its final strategies to push itself from the underlying financial concerns, with Aditya Birla Group’s subsidiary, […]
India’s homegrown telecom titan Bharti Airtel fulfilled its centralized goal and conducted India’s first cloud-gaming session in a 5G environment, successfully demonstrating its capabilities in delivering high-speed 5G internet. It is not a secret that cloud gaming will become one of the largest use cases of 5G networks as it provides a mixture of high […]
Samsung Galaxy A52s 5G was launched in India this week, as the South Korean tech giant confirmed via a tweet. The color options for the upcoming smartphone have also been confirmed: Awesome Black, Awesome Violet, and Awesome White. The new 5G device may retain the same specifications as the variant sold in the UK. It […]
Rahul Gandhi, leader of India’s largest opposition party is back on Twitter. After being blocked from the social networking site for sharing a photo of himself with the parents of a girl who was allegedly raped and murdered in New Delhi, Twitter decided to reinstate Gandhi and his political community within their digital sphere. Gandhi’s tweet — which has been shared around by […]
Indian telecom operator Vodafone Idea (Vi), a subsidiary of Aditya Birla Group (ABG), is not looking to file for voluntary bankruptcy despite its financial struggles, ABG senior executives told ET Telecom. Vi’s financial criticality was revealed on June 7 when Kumar Mangalam Birla, chairman of the telco, wrote to the government offering to hand over the group’s stake in Vi to any public sector or local financial entity who could save the company. In his letter, Birla asserted that without immediate government support, […]
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 […]
U.S. tech giant Microsoft is in the final stages of talks with the Telangana government in India to set up a data center with an investment ranging between $2 billion to $2.25 billion, local media reports. If the discussions come to fruition, this would be one of the major investments of Microsoft outside the U.S. A few months earlier, Telangana Minister for IT and Industries KT Rama Rao […]