Telecom Investment

Telecom equipment production sales cross Rs 50,000 crore under PLI scheme

Within three years, the Telecom PLI scheme has attracted investments of Rs 3,400 crore, with telecom equipment production exceeding Rs 50,000 crore, govt sources reveal

Ericsson's Q1 profit rises to $394 mn, expects sales to stabilise soon

Its shares were up 6% in early trade, to levels last seen at the start of the month

SAR Televenture to raise Rs 450 cr via FPO, rights issue to fund expansion

Telecommunication infrastructure provider SAR Televentures Ltd is looking to raise Rs 450 crore through a combination of Further Public Offer (FPO) and a rights issue to fund the company's expansion plans. The Noida-based SAR Televentures, which made its debut on NSE's Emerge platform in November 2023, is engaged in the business of installing and commissioning telecom towers in India. The composite public issue with a face value of Rs 2 consists of a further public offer of Rs 200 crore and a rights issue of Rs 250 crore, according to the draft offer documents filed last week. Proceeds from the issue, to the extent of Rs 273 crore will be used for funding the setting up of Fiber to the Home (FTTH) network solutions for 3 lakh home passes; Rs 42.50 crore for setting up of an additional 1,000 number of 4G/5G telecom towers; Rs 30 crore for funding incremental working capital requirement of the company. Besides, funds will be used for general corporate purposes. As part of its strateg

Mavenir deploying O-RAN technology for Vodafone Idea on millimeter wave

Cloud-based O-RAN technology has been leveraged by Jio and Airtel during 5G rollouts

Telecom Italia approves KKR's $20 bn grid bid in blow for Vivendi

Cash-burning TIM would also shed half of its 40,000 domestic staff and focus on its service operations

Airtel to source 23,000 MWh of renewable energy for 6 Nxtra data centres

Airtel has also entered into a similar stake purchase agreement with the project company Vibrant Energy to supply solar power to its Edge data centre in Vijaywada

Govt issues rules to make entities pay for causing damage to telecom infra

The government has notified new rules to make entities pay for damages that they may cause by digging or excavating to telecom infrastructure like optical fibre network and mobile towers, according to an official statement issued on Friday. According to official estimates, due to digging or excavation activities undertaken by various entities, there are nearly 10 lakh optical fibre cuts (OFC) every year that cause an economic loss of approximately Rs 3,000 crore per annum. The Department of Telecom expects that the Indian Telegraph (Infrastructure Safety) Rules 2022 was notified on January 3 will be able to curb damages caused to the telecom infrastructure and inconvenience caused to citizens because of frequent breakdown of communication services. "Many utilities can be saved from unwanted cuts and wasteful costs towards restoration, thus saving thousands of crores for businesses and associated tax loss to the government," the statement said. The rule mandates that any person or .

Eye on 5G opportunities, Tatas to recast telecom biz with extra funding

In June this year, the central government allowed enterprises to set up captive non-public networks to buy 5G spectrum directly from DoT, to establish their isolated networks

Cart before the horse?

India has no alternative to cable broadband; network assets must reach every home

Telecom infrastructure in India may soon get disaster-resilient standards

CDRI is working with telecom players to ensure sector's infrastructure is less vulnerable to natural disasters

Telecom: Govt's 4-yr investment estimate of $100 bn conservative, says COAI

COAI said rationalisation of spectrum price and related charges will further fuel the investments in the sector