The Department of Telecom (DoT) has received payment of around Rs 17,876 crore from four telecom companies -- Bharti Airtel, Reliance Jio, Adani Data Networks and Vodafone Idea -- for the 5G spectrum rights they won in a recent auction, media reports said.
New Delhi/UNI: Bharti Airtel on Wednesday announced that it has signed 5G network agreements with Ericsson, Nokia and Samsung to commence 5G deployment in August this year.
New Delhi: Government of India has put 72,098 MHz spectrum to auction, of which 51,236 MHz (71% of the total) has been sold with a bid amounting to Rs. 1,50,173 Cr.
New Delhi: The 5G spectrum auction has entered the sixth day, media reports said, adding that bids worth Rs 1,49,996 crores have been received in the first five days.
New Delhi: The first day of the much-awaited 5G spectrum auction on Tuesday saw four rounds of auction with participants placing bids amounting to a total of Rs 1.45 lakh crore for the airwaves.
New Delhi: The government has no plans to privatize Mahanagar Telephone Nigam Ltd (MTNL), Minister of State for Communications Devusinh Chauhan has said, putting an end to speculations that the loss-making telecom company would be up for sale.
New Delhi: The Department of Telecommunication (DoT) has approved Reliance Jio Infocomm, Bharati Airtel, Vi and Adani Data Networks as the final participants in the 5G spectrum auction in India that is slated to begin on July 26.
Mumbai: Billionaire Gautam Adani-led Adani Group will enter the race for acquiring 5G spectrum rights in India, where it will be competing with existing telecom giants -- Mukesh Ambani's Reliance Jio, Sunil Mittals' Airtel.
New Delhi: Telecom regulator TRAI on Monday recommended slashing down approximately 39 percent in the reserve or floor price for the sale of spectrum for mobile services, including the latest 5G offering, in a bid to set revenue expectations in proportion to the industry’s paying capacity.
Bharti Airtel is looking to raise up to Rs 5,000 crore soon through rupee-denominated bonds from the local market, media reports said.
New Delhi/IBNS: The 5G spectrum auction may finally take place in May if the Telecom Regulatory Authority of India (Trai) submits its recommendations on the rules for the sales process, according to media reports.
The Union Budget 2022-23 seeks to lay the foundation and give a blueprint to steer the economy over the Amrit Kaal of the next 25 years – from India at 75 to India at 100.
New Delhi/IBNS: The Telecom Regulatory Authority of India (Trai) has extended the deadlines for stakeholder comments and counter comments on two crucial discussion paers following requests from stakeholders.
New Delhi/IBNS: India plans to revamp its telecommunication sector, the key to Prime Minister Narendra Modi's digital ambitions, but the century-old policies and bitter legal disputes have hindered the government's attempts to develop the sector.