Telcos' dues, penalties to weigh heavily on vendors, tower cos
Bharti Infratel, Indus Towers and American Tower Corp (ATC) are bracing for a possible hit on their tower tenancies, because of the financial strain on customers Bharti Airtel and Vodafone Idea from the thousands of crores they need to pay the government.
Airtel, Jio, Voda Idea submit applications for 5G trials; Huawei partners with 2 telcos
Last month, Telecom Minister Ravi Shankar Prasad had ...
Nokia, Ericsson, ZTE, UTStarcom receive part of their outstanding from BSNL
BSNL has paid the outstanding dues worth Rs 150 crore each to Nok...
Govt lets 5G waves roll, asks cos to submit bids for trial in 10 days
Telecom operators must apply afresh within the next 10 days for 5G spectrum trials and airwaves will be allotted upon approval of their applications.
DoT to use 5G trials to evaluate security vulnerabilities, then decide on Chinese vendors for roll outs
This is the first time that India, caught in a diplomatic and economic tussle between the US and China, has taken an official stance permittng the Chiniese firms. It boosts the Chinese company’s hopes of playing a part in the deployment of the next generation technology in India despite US objections. Huawei is said to be at least a year ahead of its rivals in 5G technology development.
DoT meets telecom operators, vendors to discuss 5G trials
The meeting on Tuesday, chaired by Telecom Secretary Anshu Prakash, lasted for over an hour. An official with one of the telcos said that all operators attended the meeting. A Huawei executive declined to comment on the proceedings. Telecom Minister Ravi Shankar Prasad on Monday said the government will allocate airwaves to all telecom service providers.
Huawei India CEO thanks government for its faith in the Chinese firm
Telecom minister Ravi Shankar Prasad said govt had decided to give 5G spectrum for trials to all players.
Debt-laden Vodafone Idea may have put expansion plans on hold
Vodafone Idea may have put its fresh 4G expansion and modernisation plans on hold to conserve money.
Foreign vendors give an ultimatum to BSNL to clear Rs 3000 crore in dues by December 31; may stop support
Foreign gear vendors have said they will abandon the debt-laden PSU if its dues are not cleared by Dec 31.
ZTE open to lab for cybersecurity in India
Huawei and rival ZTE to a lesser extent have come under global scrutiny after the United States raised security concerns regarding 5G equipment, given their perceived proximity to the Chinese government. The US has asked its allies to ban 5G gear from Huawei. Canada, Japan, New Zealand, and Australia have acquiesced.
Bharti Airtel world’s 3rd best telecom stock in 2019
Airtel’s $3b fundraisings and improved free cash could mitigate the risk of AGR payments.
Gear vendors panic over Vodafone Idea situation; Huawei, ZTE, Nokia exposure goes up with new wireline contracts
Although Ericsson, Nokia, Huawei and ZTE haven’t officially reached out to VIL seeking their dues, they are closely watching the evolving situation, which may adversely affect their respective India revenue streams, already stressed due to lower spending on network expansion and upgrades this year, executives of vendor companies said.
BSNL plans to invite bids from global cos for 4G gear; rollout likely in 6 months
BSNL will spend Rs 1,200 crore on network equipment over a two-year period. The telco, which recently received a Rs 74,000-crore revival package from the government, is planning to deploy more than 50,000 new 4G mobile sites at 70,000 locations.
Telecom gear makers to feel the heat
Rajiv Sharma, the co-head of research at SBICap Securities, said all vendors would be affected except Samsung because telcos’ capital expenditure plan would take a back seat with the SC's ruling on adjusted gross revenue.
China rolls out 5G services in race to narrow tech gap
The technology will also pave the way for driverless cars, further automation in factories, and allow users to remotely control appliances such as coffee makers and ovens via the internet.
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