Aadhaar Verification Now Mandatory for New SIM Cards

By BPN News Desk January 16, 2025

Telecom

In a landmark decision to enhance telecom security and prevent misuse of mobile connections, the Prime Minister’s Office (PMO) has directed telecom operators to make Aadhaar-based verification mandatory for issuing new SIM cards. This directive comes as part of the government’s efforts to

Telecom

Reliance Jio’s ₹40,000 Crore IPO in the Works

By BPN News Desk January 3, 2025

Reliance Jio, the telecom arm of Mukesh Ambani-led Reliance Industries, is reportedly gearing up for a ₹40,000 crore Initial Public Offering (IPO). If finalized, the offering would be one of the largest IPOs in Indian history, solidifying Jio’s position as a dominant player in the telecom and digital services sector. Ambani’s Strategic Vision for Jio […]

Telecom

Viacom18 Now a Subsidiary of Reliance Industries

By BPN News Desk December 31, 2024

Viacom18, a key player in India’s media and entertainment landscape, has officially transitioned into a subsidiary of Reliance Industries Limited (RIL). This development further strengthens RIL’s position in the media sector, aligning with its strategy to dominate digital and content-driven platforms. The Strategic Restructure Reliance Industries announced the

Telecom

BSNL to Implement VRS 2.0 to Streamline Workforce

By BPN News Desk December 28, 2024

The Bharat Sanchar Nigam Limited (BSNL), a state-owned telecommunications company, is set to roll out a new Voluntary Retirement Scheme (VRS 2.0) as part of its strategic plan to reduce workforce size by 35%. This initiative comes in the wake of the government’s broader efforts to revitalize the company and ensure its operational efficiency. Details […]

Telecom

Reliance Digital Expands Portfolio with Health Alliance Stake

By BPN News Desk December 23, 2024

Reliance Industries’ subsidiary, Reliance Digital, has made a strategic investment to acquire a 45% stake in Health Alliance Group, a prominent player in the healthcare services industry. The deal, valued at $10 million, marks Reliance Digital’s entry into the rapidly growing healthcare sector, aligning with its broader diversification strategy. Details of the

Telecom

Satellite Spectrum to Be Allocated Through Auctions: Scindia

By BPN News Desk December 14, 2024

Union Minister for Communications and IT, Jyotiraditya Scindia, announced a significant policy shift in satellite spectrum allocation. The government has decided to abandon the first-come-first-serve model and instead opt for an auction-based system to ensure transparency and fairness in the process. Transition to Auction Model Speaking at an industry event, Scindia

Telecom

Reliance Industries Eyes $3 Billion Loan in Landmark Financing Deal

By BPN News Desk December 10, 2024

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

Telecom

India Clarifies Satellite Spectrum Allocation Policy Amid Starlink Speculations

By BPN News Desk December 5, 2024

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,

Technology Telecom

Cabinet Approves ₹30,000 Crore Relief for Telecom Industry

By BPN News Desk November 27, 2024

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 […]

Technology Telecom

Satellite-Enabled Smartphones Pose Challenges for Telecom Giants

By BPN News Desk November 27, 2024

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