Syed Safawi, chief executive officer of Viom Networks, has put in his papers and would be moving on from his role by June end, two people aware of the development said.
Broadband India Forum said that since SEPs have protection provided by the Patents Act, another discussion paper on specific provisions was not needed.
The suggestion of Telecom Commission will be placed before the Cabinet for final approval based on which rules for auction to be held in July will be framed.
The Telecom Commission, highest decision making body of the telecom ministry, has approved a proposal to provide voluntary retirement scheme (VRS) to employees at MTNL.
Reliance Retail’s handset brand — Lyf — has emerged as India’s fifth largest smartphone player in its first quarter since launch.
One difference – while Ringing Bells was taking money upfront which though has since been refunded, Docoss only has a cash on delivery option.
The optimism on India contrasts with prospects elsewhere. Revenue in China and the Asia-Pacific region took a hit, with Apple forecasting another disappointing quarter.
Christian de Faria, MD and CEO for Africa, said Airtel Africa’s revenue grew 5.9% in the fourth quarter on an underlying basis, the highest in the past six quarters.
The additional cost would wipe out entry-level feature phone segment and take away basic connectivity from millions of consumers, handset makers said.
Consolidated net profit for the January-March quarter rose to Rs 662 crore from Rs 558 crore in the year-ago period.
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