5G Telecom Services to Be Launched on October 1 by PM Narendra Modi

5G Telecom Services to Be Launched on October 1 by PM Narendra Modi

Prime Minister Narendra Modi will on Saturday launch the 5G telephony services, ushering in an era of ultra high-speed internet on mobile phones. According to an official release, 5G will be launched by the Prime Minister in select cities on Saturday and it will progressively cover the entire country over…

Department of Telecom Said to Receive Rs. 17,876 Crore From Operators as Upfront Payment for 5G Spectrum

Department of Telecom Said to Receive Rs. 17,876 Crore From Operators as Upfront Payment for 5G Spectrum

The Department of Telecom (DoT) has received upfront payment of around Rs 17,876 crore from Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea for spectrum they won in a recent auction, according to sources. While all telecom operators have opted to make payments in 20 annual installments, Bharti…

Airtel Shareholders Approve to Reappoint Gopal Vittal as Managing Director

Airtel Shareholders Approve to Reappoint Gopal Vittal as Managing Director

Bharti Airtel’s shareholders have approved the re-appointment of Gopal Vittal as managing director of the company for a period of five years with effect from February 1, 2023. Over 97 percent of total votes polled were in favour of the resolution, and the same “has been passed with requisite majority”,…

Wynk Music Plans Foray Into Distribution Ecosystem; to Invest Rs. 100 Crore to Promote Music Talent

Wynk Music Plans Foray Into Distribution Ecosystem; to Invest Rs. 100 Crore to Promote Music Talent

Airtel’s Wynk Music will invest Rs. 100 crore to promote music talent through its platform as part of foraying into the distribution ecosystem for independent artists based in India and overseas. Airtel Digital CEO Adarsh Nair on Thursday said the creator economy for music is at a nascent stage but…

Airtel Reports 16.6 Percent YoY Increase in Mobile Data Consumption, Posts 22 Percent Rise in Q2 Revenue

Airtel Reports 16.6 Percent YoY Increase in Mobile Data Consumption, Posts 22 Percent Rise in Q2 Revenue

Bharti Airtel, India’s second-biggest telecom operator, on Monday, reported a 22.2 percent increase in quarterly revenue, boosted by 4G subscriber additions and higher data consumption. The average revenue per user (ARPU)– a key performance indicator in the telecom industry – came in at Rs. 183 rupees for the quarter, up from…

Over 5 Crore Complaints Received Against Telcos Over Mobile Services in FY22, MoS Communications Says

Over 5 Crore Complaints Received Against Telcos Over Mobile Services in FY22, MoS Communications Says

More than five crore complaints were received against telecom operators related to mobile services during 2021-22, with about 54 per cent of them against Airtel, followed by Vodafone Idea, Parliament was informed on Friday. Minister of State for Communications Devusinh Chauhan, in a written reply in the Rajya Sabha, gave…

Reliance Jio Reports 24 Percent Rise in Q2 Profit to Rs. 4,335 Crore, Ahead of Upcoming 5G Auction: Details

Reliance Jio Reports 24 Percent Rise in Q2 Profit to Rs. 4,335 Crore, Ahead of Upcoming 5G Auction: Details

India’s largest telecom operator Reliance Jio Infocomm on Friday reported a nearly 24 percent year-on-year rise in its standalone net profit to Rs. 4,335 crore for the June 2022 quarter. Billionaire Mukesh Ambani-led Reliance Jio clocked revenue from operations of Rs. 21,873 crore in the just-ended quarter, which was 21.5…