Countdown to 5G: Spectrum Auction Kicks Off on June 25th
The government’s decision to reopen the auction for the 5G spectrum, valued at a staggering 96,000 crores, on June 25th is a significant event for the telecom industry. Major players like Reliance Jio, Bharti Airtel, and Vodafone Idea have already begun submitting their bids for crucial radio frequencies that will be the backbone of their…
Vikas
Bharti Hexacom IPO: Issue Date, Lot Size And Price Band
A subsidiary of one of India’s top telecom service providers, Bharti Hexacom, is said to launch its IPO in the coming month. The opening date of the IPO is April 3, and it will close on April 5. The size of the IPO is estimated to be around Rs 4,275 crore. The bidding for anchor…
ABHYUDAYA MITTAL
SpaceX Likely To Join Indian Telecom Industry
Reports indicate that SpaceX, Elon Musk-owned satellite communications corporation, will likely apply for a permit to introduce internet services in India within its Starlink brand. Thus, SpaceX will become the third company to apply for such a license after the two giant Indian telecoms, Reliance Jio and Bharti Group. Moreover, the company is also likely…
Shipra Prajapati
Adani Group Enters 5G Spectrum, Reliance Jio, and Bharti Airtel In Competition
Billionaire Gautam Adani’s group on Saturday confirmed its entry into the race to acquire a 5G spectrum, for which they have to apply for participation in the upcoming 5G spectrum auction. The company will use the technology to create a private network to support its business from airports to power as well as data centres. …
SHAHID MUSHTAQ
Telecom Industry is Likely to See Jump in Revenue Growth in Q4FY22
According to the analysts, the telecom sector is expected to grow more than double to nearly 10% sequentially in the Q4FY22 when the full beneficial impact of sharp tariff hikes of last November hits home. The revenue of the telecom industry grew at 4.5% and 4.2% sequentially in the second and third quarters of FY22. …
John David
Ranking The Top 10 Highest Paid CEOs in India Right Now
Despite its religious, cultural, and linguistic diversity, India is incredible in many ways. It is the largest democracy on the planet, and its economy has been developing leap and bound since the last few decades. As a nation, it is home to the second-largest native population after China. However, the high population density has caused…