The government's decision to convert Rs 36,950 crore dues of Vodafone Idea (VIL) into equity is a "major" and "timely" display of support that will offer significant cash flow relief to the telco in the next three years and help it complete long-delayed bank debt raise, Citi said on Monday.
This has resulted in Airtel clearing Rs 116,405 crore of scheduled instalments that would, otherwise, have been payable on their respective dates over the original tenure of the liabilities.
Ng Kuo Pin, CEO of NCS, expressed that "This joint venture marks a significant milestone in our APAC growth journey as we continue to invest to meet the region's growing demand for technology services, in particular, AI-led solutions.
This collaboration with Celona highlights a significant development in enterprise connectivity solutions, intended to improve reliability, performance, and security for critical operations under challenging conditions globally.
The Trump administration is making changes to a $42 billion broadband subsidy program that will benefit satellite internet providers like Elon Musk’s Starlink, but some state and federal officials worry the technology isn’t robust enough to connect Americans on a mass scale and at affordable rates.
Mats Granryd, Director General of the GSMA, said Vittal's knowledge and experience make him well-positioned to lead the Board and the industry through the current challenges and opportunities, including how to leverage AI and complete 5G for new business models and revenue streams.
Average 5G data consumption in India has peaked to 40 GB per user per month and its total subscriber base is expected to grow by 2.65 times to around 770 million in the next three years, telecom gear firm Nokia said on Thursday.
Starlink is likely to be subjected to a spectrum usage charge (SUC) in India, a levy that had been scrapped for terrestrial network providers such as Reliance Jio, Airtel, and Vodafone Idea a few years ago, ToI reported citing sources.
Last week, it announced alliances with two Indian wireless operators —- Mukesh Ambani-led Reliance Jio Infocomm Ltd. and Sunil Mittal’s Bharti Airtel Ltd. — winning over those who had earlier opposed Starlink being granted cheap airwaves.
The company's experience in enterprise deployments, combined with local expertise, sales support, and technical services, is anticipated to facilitate the adoption of Spectralink's mobile communication solutions throughout the APAC region.
According to Ookla's study, there are a limited number of countries with multiple telcos offering commercial 5G SA services, resulting in "highly asymmetric access" to the technology across subscribers.
The regulator has also recommended that television distribution platforms should strive to adopt interoperable set-top boxes (STBs), enabling consumers to switch service providers without changing their STB.
