
Viom Networks plans IPO of Rs 25,000 crore by year end, revives stake sale talks
Sunil Kanoria, director at Viom and a joint owner of the company through Srei Infrastructure, said both the stake sale and IPO options are open.
Sunil Kanoria, director at Viom and a joint owner of the company through Srei Infrastructure, said both the stake sale and IPO options are open.
The firm is planning to invest in a startup, set up an R&D centre, begin local manufacturing and emerge as India’s No 1 handset player by 2020.
The competitors in India market are also there in China. We're fairly confident we will be able to get to No. 1 in India in three to five years.
A telco offering users free access to one website, while charging for other websites is discriminatory, opponents to zero rating argue.
Reliance Jio Infocomm has launched its own instant messaging app 'Jio Chat' on iOS & Android phones, taking on the likes of WhatsApp, Wechat & Hike.
"Cost increases will have to be passed to consumers in some form. The cost impact varies from 6 paise to 7 paise a minute," Trai chief told ET.
"The telecom department chose maximisation of revenue and earned over Rs 1.09 lakh crore. I believe that it will affect the industry."
We entered the auction with a focus on the next 20 years in telephony and not unduly biased or driven by the past. We believe the future is 4G and not 2G and 3G.
Nikolay A Nikiforov raised concerns over India’s spectrum auction rules that saw MTS, a leading telecom provider in Russia, pull out of the sale.
India’s rural subscribers rose 1.44%, or 4.70 million over the previous month, taking the total rural consumer base to 330.34 million.
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