Page 16 - Telecom Industry

Nokia sees improved Q3 profit, higher sales on strong demand for 5G

Wireless and fixed-network equipment maker Nokia reported substantially improved third-quarter profits and higher sales on Thursday on the back of strong demand for 5G technology from operators. The company, based in Espoo, Finland, reported net profit of 551 million euros (USD 539 million) for the July-September period, up 19 per cent from 463 million euros a year earlier. Net income attributable to shareholders was up 21 per cent at 550 million euros from 454 million euros a year earlier. Nokia's reported sales were up 16 per cent to 6.2 billion euros. CEO Pekka Lundmark said the company's third-quarter performance demonstrates we are delivering on our ambition to accelerate growth. As we start to look beyond 2022, we recognise the increasing macro and geopolitical uncertainty within which we operate, Lundmark said in a statement. While it could have an impact on some of our customers' ... spending, we currently expect growth on a constant currency basis in our addressable market

India sees 34% uptick in jobs related to 5G adoption, telecom: Report

As enterprises look at 5G adoption at an accelerated pace with its roll out in India, job postings for telecommunications and 5G have increased by 33.7 per cent in the last 12 months

Top headlines: Byju's raises $250 mn; ACC posts surprise Q2 loss

Business Standard brings you top news of the evening

Jio most consistent, Vi best 4G network for gaming in India, says report

According to Opensignal's 'Mobile Network Experience Report', Vi was the best 4G network for uploading in India

5G spread in India to be among fastest in the world: Ericsson's Mirtillo

Both Airtel and Jio have been testing O-RAN technology for 5G services

New telecom bill likely to be introduced in 6-10 months: Ashwini Vaishnaw

The new telecom bill is expected to be in place in 6-10 months but the government is not in a hurry, communications minister Ashwini Vaishnaw said on Friday. "Basis consultation process, we will create final draft. That draft will then go through committee processes of Parliament. Then it has to go (to) Parliament. I see a timeline of 6-10 months but we are not in a hurry," Vaishnaw said when asked about a timeline for implementation of the final bill. The Department of Telecommunications has set the deadline of October 20 on the draft bill. The bill seeks to replace three laws: the Indian Telegraph Act, 1885, the Indian Wireless Telegraphy Act, 1933 and the Telegraph Wires (Unlawful Possession) Act, 1950. However, with a view to ensuring smooth transition to the new framework and avoid any possible disruption, the bill provides for continuity of actions taken under the repealed laws. It also provides that rules under the repealed laws would continue till such time that new rul

5G future: Another turning point for telecom

The launch of 5G could well change the trend of low average revenue per user for the industry

Telecom Bill: Innovation-unfriendly provisions must be revised

Exemptions in the draft Bill are too broad and need to be more narrowly defined

Railways explores direct leap to 5G to revive outdated train safety systems

Kavach tender expected in two months after the proposal is fine-tuned by the Indian Railways

Telecom sector to see more reforms in coming years, says Ashwini Vaishnaw

Telecom Sector in the country will witness more reforms in coming years and the industry too will have to do its bit by improving the quality of service, Ashwini Vaishnaw said

5G handsets, tech limitations keep tariff hikes at bay for Jio, Airtel

Telecom operators Reliance Jio and Bharti Airtel are not looking at higher tariffs for 5G services during the initial level of launch in metro cities

Vodafone Idea denies report alleging data leak of 20 mn postpaid customers

After a cyber-security research firm claimed that call data records of around 20 million customers of Vodafone Idea was leaked and accessed by cyber-frauds, the telecom operator has denied the breach

Mittal family increases stake in Airtel, group arm to buy 3.3% from Singtel

Transaction to cost around Rs 12,900 crore; family currently owns 24.13% stake in Airtel

Focus on customers, solve their problem immediately: Vaishnaw to BSNL staff

The government has approved a package of Rs 1.64 lakh crore for the company and now responsibility lies on everyone to make the organisation very strong, the minister said.

Airtel to launch 5G services this month, cover every town by 2024: MD

"In fact, detailed network rollout plans for 5,000 towns in India are completely in place. This will be one of the biggest rollouts in our history," Vittal said during the company's earning call.

Use only indigenous tech in 4G, 5G roll-outs: Vaishnaw to BSNL brass

Asks them to increase mobile subscriber base to 200 million

Jio completes 5G coverage planning in top 1,000 cities: RIL annual report

In the report, RIL (Reliance Industries Limited) said that Jio took major steps during 2021-22 in getting ready for 5G with its 100 per cent indigenous technology.

Airtel to start 5G rollout in Aug; inks pacts with Ericsson, Nokia, Samsung

The Sunil Mittal-led firm recently acquired 19,867.8 MHZ spectrum in 900 MHz, 1800 MHz, 2100 MHz, 3300 MHz and 26 GHz bands, bolstering its spectrum holding.

Telecom industry has come a long way in 5G advancements: Ashwini Vaishnaw

Announcing the sixth edition of the India Mobile Congress (IMC) 2022, he said that the industry has emerged to become a sunrise industry in India and a benchmark for the world.

5G Auction: Bharti Airtel, Voda Idea struggling below 200-DMAs, charts show

Despite the buzz in the telecom sector with the ongoing 5G spectrum auction, Bharti Airtel and Voda Idea need to break and sustain above their respective 200-DMAs for hopes a rally to emerge.