Sibal hints government likely to auction five more broadband licenses by next year

The government will auction five more wireless broadband spectrum slots increasing the total wireless broadband players from 3 to 8 by the next year, going by what telecom minister Kapil Sibal told an international conference in Geneva today. Sibal, speaking at the World Summit on the Information Society (WSIS) in Geneva, said the total wireless […]

BSNL will construct the colossal fibre-network under National Broadband Plan: Sibal

Despite strong reservations from the Telecom Regulator, telecom minister Kapil Sibal has said that the state-owned Bharat Sanchar Nigam (BSNL) will be tasked with creating a massive optic-fibre network across the country. Speaking at the World Summit on the Information Society (WSIS) in Geneva today, Sibal said that “initially,” BSNL will be in charge of […]

Revision in inflation numbers ‘a cause for concern,’ interest rates may rise: expert

Even as wholesale price inflation, as measured by the Wholesale Price Index or WPI declined in April, experts have raised questions about the upward revision of earlier data. According to numbers released today, inflation in the country came down marginally to 8.66% in April from 8.98% announced for March last month. However, the government also […]