Reliance Jio, which is now all set to give tough competition to its competitors, is also gearing up to lure nearly 5 million Indian enterprises with its 5G services.
Jio 5G Launch: True-5G services will be launched on Dusshera, October 5, in four cities -- Mumbai, Delhi, Kolkata, and Varanasi.
Airtel 5G rollout: A couple of cities have been shortlisted for the first phase rollout. These include Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, Gandhinagar, Gurugram, Hyderabad, Jamnagar, Kolkata, Lucknow, Mumbai and Pune.
5G rollout: On October 1, Telecom Minister Ashwini Vaishnaw said that over 200 cities in India will get access to 5G in the coming six months. During the conference, RIL’s Chairman Mukesh Ambani said that Jio 5G will reach everyone by December 2023.
Vodafone Chief Executive Nick Read had said in February the company was pursuing mergers with rivals in multiple European markets to improve returns where players barely cover the costs of the capital required to invest in networks.
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.
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