City Sanchar Financial News

26.01 / 20:11

UPS Mobile wellness band Tejas Networks ramping up shipments of 4G RAN to BSNL: COO Arnob Roy

Tejas Networks has said it is continuing to ramp up shipments of 4G Radio Access Network (RAN) to Bharat Sanchar Nigam Limited (BSNL), and has received an additional purchase order of Rs 107 crore for additional sites as part of the state-run mobile operator's fourth-generation network build out. «We continue to see good business traction, both for our wireless as well as our wireline business.

20.01 / 04:49

markets Provident Digital Manufacturing security Trade Diversity week HFCL shares gain over 8%, hit new 52-week high on ₹623 crore order win

HFCL (Himachal Futuristic Communications Limited), a company with diverse operations in telecom infrastructure, saw its shares jump 8.52% in today's early trade, touching a new 52-week high of ₹96.10 apiece following the company's announcement of a strong order win. On Friday, the company said it secured an order worth ₹623 crore for the supply of indigenously manufactured Telecom Networking Equipment for the 5G network of one of the domestic telecom service provider.

20.09 / 10:39

Provident FIVE Mobile Metro Vodafone voice cover Mint Explainer: Why Trai wants to cut the entry fees for various licences

₹15 crore, while a virtual network operator’s entry fee is ₹7.5 crore. While some telecom service providers have called for the entry fee to be abolished, the telecom regulator has suggested a 50% reduction, saying it could cause more companies to enter the market as service providers, enhancing competition. A reasonable entry fee would maintain a balance between deterring non-serious players and ensuring adequate competition.

17.08 / 17:13

BLOCK Mobile Software Bulk sale of sim cards banned; agents need police verification

₹10 lakh will be imposed. The government has given 12 months for compliance where all existing sellers will be registered with the telcos. The move will help in identifying, blacklisting and eliminating rogue sellers from the carriers’ systems.

16.08 / 18:35

TCS SENSEX performer Tejas bags ₹7,492 crore BSNL contract

Tejas Networks has bagged a ₹7,492 crore (about $900 million) contract to supply its latest 4G/5G Radio Access Network (RAN) for state-run Bharat Sanchar Nigam Limited (BSNL)'s pan-India network, spanning 100,000 sites. In a regulatory filing Wednesday, Tejas said it has executed a master contract for supply, support and annual maintenance services of its telecom equipment for BSNL's pan-India 4G/5G network with Tata Consultancy Services (TCS).

05.08 / 11:27

COST Provident Digital country cover electronic Cabinet approves investment of ₹1.3 lakh crore in Bharat Net

₹1,39,579 crore for the next phase of Bharat Net to make the 5G network available to remote areas of the country, said Ashwini Vaishnav, minister of communications and electronic & information technology. “With a system of ring topology, we plan to reach 6.4 lakh villages within the next two years from the current 1.94 lakh connected villages under the Bharat Net Udyami Yojana," he said.

01.08 / 20:47

UPS Provident Lowe's country network India has largest 5G network in world: Vaishnaw

New Delhi: India now has the second largest 5G network in the world, on the back of the fastest 5G rollout with 300,000 sites set up in 10 months, the government said Tuesday. In a Koo post on Tuesday, telecom minister Ashwini Vaishnaw said, “The world’s fastest 5G rollout continues, over 3 lakh sites installed in 714 districts.

26.07 / 18:13

UPS Digital Manufacturing Vodafone country Telecom gear worth ₹6.9k cr exported under PLI till May

Telecom equipment worth ₹6,911 crore was exported by companies selected under the production linked incentive (PLI) scheme till May, the government said on Wednesday. «The companies under the scheme have made an export of ₹6,911 crore up till May 31, 2023,» minister of state for communications Devusinh Chauhan said in a written reply in the Lok Sabha.

19.07 / 09:49

COST UPS Provident Mobile show performer For bailouts to work, BSNL needs the freedom to perform

₹1.64 lakh crore revival package for Bharat Sanchar Nigam Limited (BSNL) – its chairman and managing director called on all employees to “perform or perish". Pointing out – rightly – that the revival package was one of its kind among public-sector undertakings, CMD PK Purwar said it had been cleared by the prime minister himself, with a clear message to the staff of the ailing public sector behemoth. Purwar minced no words in listing BSNL’s issues.

11.07 / 10:21

Highways Vodafone Govt directs telcos to enable intra-circle roaming in rain-hit Himachal Pradesh

telecom operators to enable intra-circle roaming in the Himachal Pradesh as the region continues to face heavy rains which may cause disruption in connectivity, industry executives said. While there has been no major damage to telecom infrastructure like towers or radios so far, multiple areas in the affected region are facing power outages, which is affecting the running of telecom towers as well, they added.

09.07 / 03:53

Mobile COMPOSITE Parke Chandrayaan 3 mission: Ban on road construction, digging work around Sriharikota ahead of ISRO's historic launch

Chandrayaan-3 spacecraft takes flight safely. The communications lines are passing through major roads in the area, including NH5 (Chennai-Perambur-Gummidipundi), NH205 (Chennai-Tiruvallur) SH56 (Perambur-Ponneri), and SH50 (Tiruvallur-Uthukotai), and connections to Vellore, Aarani, Thiruvattipuram, Kancheepuram, Chengalpattu, and Vandalur in Chennai, Kancheepuram, Vellore, and Tiruvallur districts. Notably, Bharat Sanchar Nigam Limited (BSNL) maintains all major communication links connecting Isro’s space centre.

07.02 / 08:39

business BSNL asset monetisation plan: Land assets bid fails to gather adequate response: Report

Bidding for sale of non-core assets of state-run telecom Bharat Sanchar Nigam (BSNL) has failed to gather “adequate response”, against an expectation of raising at least Rs 470 crore through land assets, Business Standard reported.

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