Ashwini Vaishnaw said, "As far as connectivity is concerned, states have to do heavy lifting in improving connectivity in the states."
India Mobile Congress 2022: The launch of the sixth edition of the country’s marquee telecom and technology event drew a record crowd of more than 3,000 for the inauguration ceremony.
At the launch of the 5G rollout in India, leading telecom companies displayed 5G used cases in India. Vodafone Idea displayed how 5G and Digital Twin technology can be used to monitor a construction tunnel site remotely.
5G launched in India: PM Modi added that the utility of 5G is not limited to facilitating day-to-day activities, but rather, it is coming as a force to change life altogether.
PM Modi launched 5G in India: The fifth generation or 5G services is expected to bring new economic opportunities as well as societal benefits to the nation.
MTNL has a total outstanding loan of Rs 5,849.71 crore to be paid to Union Bank of India.
Vi Managing Director and CEO Ravinder Takker said that the promoters of the company have invested Rs 4,940 crore and the company is in active discussion with investors for fundraise.
With spectrum and a Rs 2 lakh crore capex outlay, the options appear to be unlimited across consumer and enterprise segments.
Qualcomm CEO Cristian Amon noted, “As India celebrates 75 years of Independence, with Reliance Jio, we’re committed to developing the digital infrastructure that enables the success of citizens and businesses, and achieves the New India.”
The government has also notified new Right of Way Rules which clarifies charges to be levied on laying of telecom cables, accessing street furniture like electric poles and boundary walls etc.
Union IT minister Ashwini Vaishnaw said that the Centre has issued a spectrum assignment letter for 5G network and the government has requested telecom service providers (telcos) to prepare for 5G launch
Reliance Jio has made payment of Rs 7,864.78 crore, Vodafone Idea Rs 1,679.98 crore and Adani Data Networks Rs 18.94 crore.
Bharti Airtel managing director and CEO Gopal Vittal also said that the price of mobile services in India is very low and needs to go up.
The company's consolidated revenue from operations rose to Rs 32,805 crore for the quarter ended June 30, from Rs 26,854crore in the same period last year, according to a regulatory filing.
On August 1, India's biggest ever auction of telecom spectrum -- 5G -- received a record Rs 1.5 trillion of bids, with Mukesh Ambani's Jio cornering nearly half of all the airwaves sold with an Rs 88,078 crore bid.
According to CyberMedia Research, 5G smartphone shipments grew 7 per cent quarter-on-quarter (QoQ) and 163 per cent year-on-year (YoY) in Q2 2022.
Rationalising the expense of 5G and the price of tariff, Telecom Minister Ashwini Vaishnaw explained that India is the second largest manufacturers of mobile phones in the world and close to 25-30 per cent of these are already 5G-enabled.
VIL reported narrowing of losses to Rs 7,296.7 crore in Q1 FY23. The telco's loss stood at Rs 7,319.1 crore in the year-ago period.
The 5G spectrum auctions concluded with a total spectrum of 51,236 MHz being auctioned for more than Rs 1.5 lakh crore.
The telecom's revenue from operations increased 13.7 per cent to Rs 10,410.10 crore in the quarter under review as against Rs 9,152.3 crore a year ago.
Airtel was the second highest bidder in the recently-concluded 5G spectrum auctions while its close rival Reliance Jio acquired the top bidding with 24,740 MHz spectrum worth Rs 88,078 crore.
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