Samsung’s pace of expansion compares with Apple’s 17% increase to Rs 11,618 crore in the year ended March, its slowest growth in five years.
“The data drive test will measure upload speed, download speed, latency, browsing speed and streaming speed,” Sharma said. The information will be made public.
Amid the surge in demand for higher revenue-generating data services, financially stressed telcos are dedicating more resources, including voice bandwidth, toward mobile internet or combining that with voice.
The consideration for the transaction is based on approximately 6x EBITDA multiple, payable over two years, the carrier said in a statement on Tuesday.
The development also comes on a day the company increased prices of all but one iPhone model by an average of 3.5% after the government raised the basic customs duty.
The increase that became effective early morning today has made priciest model like the iPhone X 256 GB dearer by Rs 3,000-3,500, to Rs 1,05,720.
He will take over CFO position from Thomas Reisten, who has been Vodafone India’s CFO for past four years. Reisten is expected to get another senior posting within the parent group.
The Taiwanese company, which is the largest supplier to Apple, has told port authorities that the JNPT project will provide employment to about 40,000 people.
Trai had suggested keeping the internet open and amending licence conditions that allow carriers to provide traffic management practices to maintain quality of services.
"Recommendations on in-flight connectivity will come out by the year end, which is in next 15 days," Trai chairman RS Sharma said on the sidelines of an event of Broadband India Forum on Wednesday.
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