RailTel Corporation of India Ltd has announced that it has received a work order worth Rs 124.90 crore for the implementation of unified communication infrastructure across the Western Railway zone. The project includes setting up IPMPLS LAN infrastructure, VOIP telephone exchanges, IP-based signaling and control communication systems. It also involves the replacement of existing UTN […]
Leading telecom operator Bharti Airtel today reported its financial results for the second quarter ended September 30, 2023. The company posted healthy growth in revenues, profits and key operating metrics during the quarter. Bharti Airtel reported consolidated revenues of Rs 37,044 crore for Q2 FY2024, up 7.3% from Rs 34,527 crore in the same quarter […]
GTPL Hathway, the country’s single largest cable feed provider, said it has tied up with France-based Verimatrix to deploy its video content authority system — a software solution that helps GTPL stream video content to its Android TVs securely. The moves comes as GTPL Hathway ramps up its Android TV box-based service. The company started […]
State-owned oil companies such as Indian Oil, Bharat Petroleum Corporation and Bharat Petroleum are facing an under-recovery of Rs 12-15 per liter of petrol and diesel sold in the market, and may have to raise selling prices by around Rs 30 per liter to plug the under-recovery, according to industry sources. These companies had last […]
Bharti Airtel said it will acquire 25% in a Bengaluru based networking software company for an undisclosed amount. Lavelle Networks helps large corporations and organizations create their own virtual networks spread over several physical networks. “Software-defined Wide Area Network is the necessary arsenal for enterprises to transform and future-proof their network infrastructure in this digital […]
Bharat Electronics Ltd, the government of India managed defence electronics manufacturer, said it has entered into a $73 million co-development and manufacturing deal with a US network consultant to manufacture and supply internet-of-things or IoT devices. The companies did not disclose the exact nature of the devices, but said the contract opens the door to […]
Even as the fight between sections of news channels restarts over the resumption of BARC television ratings, the Telecom Regulatory Authority of India has shot off a directive to cable and DTH operators to ensure that TV channels are listed only once, and only under one ‘genre’, on their set-top-boxes. The directive comes in the […]
Bharti Airtel is expected to report the highest revenue growth of all three Indian telecom companies when they announce their numbers for the October-December period, starting later today. This is despite the fact that Reliance Jio would have added several times more new subscribers that Airtel during the period. Broadly, industry observers believe that Bharti […]
India’s Times Group, or BCCL, has made a partial return to the streaming TV platform run by India’s largest telecom operator, Jio TV, by restarting the transmission of its news channels via the app. It was in August 2020 that BCCL had pulled all its channels, including its English-language movie channels, from the Jio TV […]
Vodafone Idea will issue around 16 bln shares to Government of India in lieu of interest payments arising out of its decision to defer the payment of spectrum and other regulatory fees by four years, thus making the government the biggest shareholder in the company. The move, subject to valuation confirmation by government agencies, will […]
ONGC, India’s largest producer of oil and gas, has appointed satellite services provider Nelco to upgrade its in-house Ku band satellite communication system to enable high-speed data and voice services for its sites off India’s western shoreline. The move will improve connectivity between ONGC’s offshore platforms, drilling rigs, vessels and onshore locations and improve the […]
Zee Media Corp, the company that runs Zee branded news channels, has issued warrants for 13.5 cr shares to promoter group Subash Chandra family, further strengthening the promoters’ efforts to protect their position in the company. Currently, the company has around 62.54 cr outstanding shares. Out of this, only around 5.33 cr — or 8.52% […]
Bharti Airtel has abandoned its plan to reorganize its corporate structure by focusing on the digital business — such as its Wynk app, Airtel Cloud, Airtel Xstream and so on — by moving all telecom infrastructure into a different subsidiary known as Airtel Ltd. The move was announced eight months ago, and was widely seen […]
ITI Ltd, formerly known as Indian Telephone Industries, said it won a Rs 433 cr order from the Tamil Nadu government to set up part of the BhartNet Phase 2 project in the state. BharatNet is an government of India project to create a pan-India fiber optic backbone that connects 2.55 lakh village panchayats in […]
Vakrangee Ltd, which runs over 13,200 digital kiosks across the country, said its franchisees will now be able to offer share trading and demat account opening services thanks to a tie-up with stock trading app Upstox. Vakrangee Kendras already offer a variety of internet-enabled services, such as bank account opening, issue of government certificates, money […]
With interest rates at multi-year lows, Bharti Airtel has used money raised from the market to prepay liabilities associated with its spectrum purchases during the auction of 2014. Under India’s spectrum auction rules, winners can opt to pay the majority of their obligations in the form of instalments over a period 10 years or more, […]
Promoters of Zee Media Corp, the company that runs Zee branded news channels, have won shareholder nod to be allocated up to 13.5 cr warrants on shares, overcoming opposition from institutional investors. It was a month ago that the company’s board decided to put before shareholders a proposal that would see promoter group, the Subhash […]
Kerala Vision Broadband, the ISP arm of Kerala Cable TV Operators’ Association, has announced what is arguably the cheapest fiber broadband offer for new customers in Kerala. The highlight of the new plan is that it comes without installation and modem charges, and is therefore ideal for a new customer. The current tariff for a […]
Vodafone Idea said it achieved speeds of over 4,000 Mbps during its test deployment of 5G on the trial spectrum handed over by Department of Telecom. In comparison, in the early days of 4G, the maximum speeds achieved were in the range of around 200 Mbps. The company released two speedtest results — presumably using […]
India’s richest man and the chairman of Reliance Industries, Mukesh Ambani, has called for the use of universal obligation fund money to subsidize mobile devices. USO fund was set up during the early days of the mobile phone revolution as a tax or levy on existing phone users, to be used for extending telecom services […]
