Digital services company Jio Platforms on Friday posted a 12.5 percent year-over-year rise in net profit at Rs. 5,098 crore in the June 2023 quarter on account of subscriber additions and better realisation per user. The company had posted a net profit of Rs. 4,530 crore in the same period…
The Department of Telecom (DoT) is likely to approach sector regulator Telecom Regulatory Authority of India (TRAI) this week for the auction of a set of spectrum bands as well as radio waves held by permits that are due to expire in 2024, an official source said. The source said…
India’s Reliance Jio Infocomm is likely to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment, the Economic Times reported on Thursday, citing people aware of the matter. The contract could be signed as early as Thursday in Helsinki, Finland,…
Qualcomm Snapdragon 4 Gen 2 was announced by the chipmaker on Monday as the company’s latest chipset for entry-level 5G smartphones. The new chip is the latest addition to the company’s Snapdragon 4-series and is the successor to the Snapdragon 4 Gen 1 SoC that was launched in 2022. It…
Tata Consultancy Services on Monday said a consortium, led by the IT giant, received an advance purchase order valued over Rs. 15,000 crore from the state-run BSNL for the deployment of a fourth-generation mobile (4G) network across India. This comes at a time when Reliance Jio and Bharti Airtel are…
The House of Representatives is set to vote next week on a bill to crack down on Chinese telecommunications companies Huawei and ZTE Corp that have been deemed security threats by the US government. The House said on Tuesday it will take up a bipartisan bill called the Countering Untrusted Telecommunications…
Billionaire Mukesh Ambani’s Reliance Jio has installed close to 1 lakh telecom towers, nearly 5 times of its nearest competition, to roll out India’s fastest and deepest penetration 5G telecom network to provide ultra-high speed internet, according to the latest DoT data. The latest daily status report from the Department…
Telecom operator Bharti Airtel overtook Reliance Jio in 5G roll-out with the expansion of the network to additional 235 cities, taking its total reach to 500 cities. Reliance Jio has so far announced the expansion of its ultra high-speed fifth generation (5G) network to 406 cities. “Bharti Airtel…ultra-fast 5G service…
The launch of cheaper postpaid plans with unlimited 5G by Reliance’s Jio has put rival Bharti Airtel on the back foot in the Indian market and may delay recovery in its key profit metric, JP Morgan analysts said on Thursday. Jio, the telecoms unit of Indian conglomerate Reliance Industries, launched…
To enable maximum utilization of modern communication technology for patient care, teaching, research, and good governance, AIIMS has decided to equip itself with a 5G network by June 30, officials said. A five-member committee has been constituted to expedite the process, said an office memorandum, issued by the director Prof…
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