In a major setback to telecom operators in India, the Supreme Court has passed an order recognising the payment of entry fee as well as variable annual licence fee under New Telecom Policy of 1999 as capital expenditure.
US-based telecommunications company AT&T has achieved a noteworthy milestone by successfully completing the first-ever two-way audio call using satellites with a standard smartphone.
The prime minister said this at the inauguration of the new International Telecommunication Union (ITU) Area office & Innovation Centre at the Vigyan Bhawan.
5G subscriptions in India are expected to reach around 31 million by the end of this year, as telecom providers like Jio and Airtel continue to roll out 5G services across the country.
Notably, Indian telecom operators continue to have one of the lowest monthly average revenue per user (USD 2.5) and the highest monthly data usage (20 GB) in the world.
The move assumes significance as Reliance Jio stormed into the highly-competitive telecom sector in September 2016 with its disruptive voice and data offerings, while Bharti Airtel had launched its services way back in 1995.
The people should keep off from the fraudsters who are siphoning money in the name installing mobile towers offering lucrative returns and other gains etc.
“One of the things that will trouble Amazon and Flipkart is Reliance's history of launching operations via massive discounts.”
The loss to the small investors on this account for rights subscribed is Rs 2,014.85, while for the rights not subscribed it is Rs 2,105 which translates into a per-share loss of Rs 6.15 for rights subscribed, and Rs 21.05 for rights not subscribed.
The government will bear an increasingly larger share of the burden of sector stress, if pricing does not move up soon," said the KIE report.
