RailTel Bags Rs 125 Crore Order From Western Railways

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 […]

Bharti Airtel Posts Healthy Growth in Q2 FY2024 Results

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 likely to deploy custom Android OS on its set-top box

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 […]

Petrol prices could be increased to Rs 130/liter to avoid under-recovery

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 […]

Airtel acquires 25% in Bangalore-based enterprise networking company

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 […]

BEL to supply IoT devices worth Rs 550 cr to US consultant

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 […]

TRAI reminds cable, DTH companies to remove multiple listing of channels

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 […]

Q3 Results: Bharti Airtel seen ahead of Reliance Jio in growth

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 […]

Vodafone Idea to become a Govt company with 36% stake

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 to connect rigs, ships with high-speed data

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 promoters safeguard stake as co issues 13.5 cr warrants

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 abandons ‘digital pivot’ strategy as 5G auction nears

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 […]

Vakrangee adds stock trading, demat account service in tie-up with Upstox

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 […]

Bharti Airtel taps market debt to retire DoT dues

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, […]

Zee Media gets nod for promoter stake boost, institutions oppose

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 unveils Kerala’s cheapest fiber plan for new users

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 cracks the 4,000 Mbps barrier in 5G trials

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 […]

Mukesh Ambani calls for subsidized mobile phones

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 […]

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