Reliance Industries Ltd. (RIL), India’s leading conglomerate, is in talks to secure up to $3 billion in financing, marking the largest corporate loan sought in the country since 2023. This move underscores the company’s aggressive expansion strategy across various sectors, including energy, telecommunications, and retail. Purpose of the Loan The proposed loan aims to
The Indian government has clarified that its decision to administratively allocate satellite spectrum is not designed to facilitate the entry of Elon Musk’s Starlink into the Indian market. This policy aligns with the Telecommunications Act, 2023, which permits spectrum assignment through administrative processes for satellite-based services. Telecommunications Act,
In a significant boost to the telecom sector, the Union Cabinet has approved a ₹30,000 crore reduction in bank guarantee requirements for telecom operators. The move aims to alleviate financial pressures and encourage growth in the sector. Relief for Struggling Telecom Operators The decision comes as part of the government’s continued efforts to support the […]
The advent of smartphones connecting directly to satellites has sparked discussions about the future of traditional mobile towers and their impact on the telecom industry. Industry leaders Mukesh Ambani of Reliance Jio and Sunil Mittal of Bharti Airtel face potential disruption as companies like SpaceX, with Elon Musk’s Starlink project, push satellite-based
Reliance Jio experienced a significant drop in its subscriber base in September 2024, losing nearly 80 lakh users, according to the latest data released by the Telecom Regulatory Authority of India (TRAI). This decline marks one of the steepest losses for the telecom giant in recent times. Subscriber Data Highlights TRAI’s report reveals that Bharat […]
Bharat Sanchar Nigam Limited (BSNL) has introduced India’s first direct-to-device satellite service, providing seamless connectivity in remote and underserved regions. Announced by the Department of Telecommunications (DoT) on Wednesday, the service is a collaboration between BSNL and California-based technology company Viasat. The initiative, initially showcased at
In a significant boost to India’s rural broadband infrastructure, a consortium led by HFCL has secured orders worth over ₹8,100 crore from Bharat Sanchar Nigam Limited (BSNL) for the third phase of the BharatNet project. These orders, awarded under BharatNet Phase-3, aim to strengthen digital connectivity in rural regions, bringing high-speed internet to underserved
Elon Musk has welcomed India’s decision to allocate spectrum for satellite broadband services rather than auctioning it, a move that aligns with international standards and could favor his Starlink venture. This decision, announced by Communications Minister Jyotiraditya Scindia, has garnered Musk’s approval, who responded with a single word, “Promising,” to a post
Nokia has announced the establishment of a new 5G Fixed Wireless Access (FWA) manufacturing unit in Sriperumbudur, Tamil Nadu. The facility is expected to play a pivotal role in producing 5G equipment locally, addressing both domestic and international demand for advanced telecom infrastructure. Boost to Local Employment and 5G Equipment Production The new manufacturing
Apple has officially launched its latest iPad mini in India, bringing several new upgrades and features to its smallest tablet. Powered by the A17 Pro chip, the new iPad mini promises significant performance enhancements, allowing it to handle demanding tasks with ease, including Apple’s advanced AI-powered features. iPad Mini Price and Availability The new iPad […]