Reliance Jio is likely to outshine older rivals Bharti Airtel and Idea Cellular in the fourth quarter ended March 31 by reporting a net profit of Rs.516 crore, according to an ET poll of analysts.
Tower and Infrastructure Providers Association (TAIPA) industry association for Telecommunication Infrastructure Providers has assessed that 566 mobile towers have been sealed by Delhi by municipal corporations out of 11,500total mobile towers in Delhi despite the fee deposit of 48 crore rupees lying with municipal corporations.
In a setback to Reliance Communications, the telco will be unable to sell its fibre and towers till atleast April 23 after the National Company Law Appellate Tribunal (NCLAT) Wednesday recalled its April 6 order that allowed the sale.
DoT is waiting for DIPP to give clearance for raising the foreign direct investment (FDI) limit in Idea Cellular to 100 per cent before approving the merger of Vodafone India with the Aditya Birla group firm, as per official sources (reported PTI).
MediaTek Inc. has announced that they are collaborating with Microsoft to deliver the first ever Azure Sphere chip, the MT3620 that will drive IoT innovation with built-in security and connectivity. Azure Sphere is a solution for creating highly-secured, connected MCU powered devices at a price that makes enterprise-class security affordable for the multitude of cloud connected devices.
Tata Communications, a leading digital infrastructure provider, and South African ICT services provider Dreamtime Technologies (Pty) Ltd. (DTTech), have joined forces to build a new cloud-based virtual mobile network to serve African mobile and IoT providers. It will act as the foundation for next-generation mobile and Internet of Things (IoT) services in sectors such as healthcare, transport, mining, agriculture, banking and retail.
The battered telecom sector companies will be reporting another set of subdued numbers for the January-March quarter, with revenues likely to show a correction of as much as 40 per cent, analysts have said.
A Delhi court on Monday, granted Karti Chidambaram interim protection from arrest till May 2 in two cases filed by the CBI and ED in the Aircel-Maxis matter arising out of the 2G spectrum cases.
Reliance Jio and Sodexo, the leader in Employee Benefits has announced the partnership to accelerate India’s digital transformation. Jio and Sodexo will leverage complementary strengths and offerings to create an enriched digital life ecosystem for Indians.
By 2021, digital transformation will add an estimated US$154 billion to India’s GDP, and increase the growth rate by 1.0% annually, according to a new business study released today.
Wipro said its fourth-quarter revenue and profitability would be hit by the insolvency proceedings of one of its telecom clients in India, making this the second quarter in a row in which a troubled client has hurt the company’s results.
Xiaomi, a Chinese handset maker has established its first ever SMT plan in collaboration with its Taiwanese manufacturing partner, Foxconn, to begin PCB assembling in Sriperumbudur, Tamil Nadu.
The Department of Telecom (DoT) is likely to approve the merger between Idea Cellular and Vodafone India within this month, a senior official said which will pave the way for creating the largest carrier in India by subscribers and revenue market share.
Institute for Competitiveness said Reliance Jio Infocomm’s entry in September 2016 led to $10 billion in annual savings for India and an unprecedented surge in data consumption.
Tata Power, India’s largest integrated power company has selected Tata Communications to launch its IoT based, Smart Consumer Sub Station (CSS) in Mumbai.
Analysts said market leader Bharti Airtel is slated to report a net loss in the fiscal fourth quarter ended March — its first in 15 years — stung by a mix of continued pricing aggression from Reliance Jio Infocomm, a cut in international termination rates, and a move from subscribers to lower priced bundled packs from higher ones.
Helio P60 is featuring MediaTek’s NeuroPilot AI platform, delivers a 70 percent performance boost over the previous Helio P series and is built for energy efficiency
Sooktha''s portfolio of 4G LTE, NB-IoT and 5G solutions with patented WiFi mesh connectivity enables coexistence and covers the entire gamut of applications in next generation networks including consumer broadband, Internet of Things, and mission critical applications
Idea Cellular has suspended interconnect services with Aircel Ltd., due to non-payment of dues. Despite several reminders for releasing the dues since November 2017, the operator has failed to meet its payment commitments forcing Idea to suspend interconnect services, as per the terms of interconnect agreement between both parties
“India is growth intensive, a market of immense opportunities with its own set of aspirations and needs. We continue to intensify our technology collaboration in India, even beyond smartphones, and recognize its importance in the global marketplace,” said T L Lee, GM, Wireless Communication at MediaTek.