Mobile operators in the country use various spectrum bands to provide voice and data services -- 800 Mhz band, 900 Mhz, 1800 Mhz, 2100 Mhz, 2300 Mhz and 2500 Mhz.
India has the potential to become our top revenue generator by next year: Florian Seiche, CEO, HMD Global
"India is today one of the top three markets by revenue for us, due to the combination of feature phones and smartphones."
From a global perspective, in featurephones, we're probably by the year end No 1 in the world in terms of value. We are either No 1 or No 2 by value in most of the markets globally, he said.
The company is likely to offer various plans bundled with the phone.
The fight for the top spot in the high-end segment – Rs 30,000 and above – is set to heat up further in November with players like Google, Xiaomi and Nokia in the fray.
The Finnish company’s board which took the decisions on Monday, gave additional responsibility of executive vice president to its chief marketing officer Pekka Rentala.
The Telecom Regulatory Authority of India slashed the local interconnection usage charge (IUC) – paid by operators from where calls originate – by 57% to 6 paise a minute from October 1.
“There is no problem of jobs. Look at the number of stores being opened by Jio. To say that jobs are reducing is untrue and far away from the truth,” Sinha told reporters
With all operators offering similar voice and data tariffs, expanding the market by converting voice customers to data customers has become critical for mobile operators.
Domestic handset maker Micromax on Monday launched "Bharat2 Ultra" budget smartphone at Rs 999 in partnership with telecom operator Vodafone.
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