To a query around VIL’s plans to rollout 5G, he added, “We remain committed to supporting all our customers in their growth plans and are best positioned to do the same for VIL.”
This will be driven by a tariff hike contributing Rs 55, upgradation of 2G customers to 4G contributing Rs 10, and customer upgradation to a higher data plan (both 4G and 5G) and moving to postpaid delivering Rs 14 gain.
India's telecommunications industry is primarily dominated by Bharti Airtel and Reliance Jio, with Vodafone Idea (Vi) striving to catch up. Vi has initiated a fund infusion plan, starting with a preferential share issue to raise Rs 2,075 crore from an Aditya Birla Group entity, essential for its financial revitalization. Vi aims to raise a total of Rs 45,000 crore through a combination of equity and debt, offering a glimmer of hope for the struggling telco
The meeting "is scheduled to be held on Saturday, 6th April 2024, inter-alia, to consider proposal for issuance of Equity Shares and/or Convertible Securities on a preferential basis," Vi said in an exchange filing.
The DoT has clarified that there won’t be a need to have bank guarantee and performance bank guarantee for spectrum assignment as the same had been revoked earlier during telecom reforms. The DoT had inadvertently put BG/PBG in the NIA but after telcos pointed it out, the NIA has been amended.
India recently became the fastest 5G rollout nation in the world. The country’s top two carriers, Reliance Jio and Bharti Airtel, have collectively splurged around $25 billion in buying 5G airwaves and launching their next-generation wireless broadband services. Between them, they have 165 million 5G customers. But neither of them has seen any serious monetisation of their 5G businesses even 18 months after they introduced next-gen networks.
Nearly 400 delegates are likely to attend the mega telecom event in the national capital with as many as 40 speakers sharing their views on a broad spectrum of areas such as 5G, 5G Advanced, network transformation, device ecosystem as well as next generation (6G) of technology.
"Following the war outbreak, we have worked to ensure the continuity of telecommunication services for the security forces and its customers around the country, which continues to be the central mission of all the group companies nowadays," said chairman Tomer Raved.
“With 5G services already launched in almost all the developed markets including Australia, China, Japan, Hong Kong, and Korea, and set to be launched soon in countries like Bangladesh and Sri Lanka, the revenue prospect for mobile data segment will remain strong through the forecast period,” said Hrushikesh Mahananda, Telecom Analyst at GlobalData.
As part of its strategic expansion plan, it intends to venture into the FTTH business vertical. FTTH represents a cutting-edge broadband internet connection technology that leverages optical fibre to provide high-speed internet directly to households.
Bharti Airtel deploys additional sites in Ahmedabad and Kheda districts for network densification in 350 villages of Gujarat. Customers in tehsils of Ahmedabad and Kheda benefit from this network enhancement. Airtel invests in network connectivity for seamless experience on 4G, 5G, Broadband and Fiber, covering 7,000 villages in Gujarat and impacting over 50 lakh population across fifteen districts.
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