“Apple has cut margins on the iPhone X from 6.5% to 4.5% for large retailers like us, and if a customer pays by card, which is usually the case, the margin reduces to almost 1.5-2%.”
Backers of net neutrality want no traffic management practices. Telcos, however, want to be able to manage traffic on their networks to avoid congestion.
The regulator was, however, cautious about the outcome, saying it had been in talks with the Cupertino-based company for two years without any result.
Spreadtrum is also looking to partner local handset makers for enabling design in India, but is unhappy with them for ceding market share to Chinese players.
Rahul Sharma and his actress wife Asin were blessed with a baby girl last month - and that's the reason behind his all-day-long wide grin.
The battle for the top spot will get even more intense going forward as Xiaomi would want to consolidate its position on the back of 9 million phones it sells every quarter.
Besides plunging data plans and free voice services, users could expect more freebies, with telcos partnering e-commerce companies to gain and retain customers.
Some brands have already begun baking compliance costs into retail prices of phones, washing machines, air conditioners, and other appliances.
The move could help Vodafone and Idea to retain all their airwaves once the merger of the two is complete. It will also help Jio to acquire more airwaves from RComm.
Company is exploring the area for housing plants for its clients like Nokia and Xiaomi, which are growing rapidly and will require more production capacity in the coming quarters.
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