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    Tata Sons to Acquire Majority Stake in Tejas Networks

    Tata Sons plans to acquire 63.1% stake in Tejas Networks. The company also plans to gain access to crucial 4G and 5G telecom gear tech with this acquisition. Tata to Buy Majority Stake in Tejas Networks Saurabh Agrawal, Executive Director, Tata Sons Private Limited, said, "we are excited to partner with Tejas Networks, India's leading telecom and network company with a strong DNA...

    • 2 days ago
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    Aditya Birla not Looking to Raise Vodafone Idea Stake

    Sources report that the Aditya Birla Group will not buy any more stake in Vodafone Idea. ABG Won't Buy More Stake in Vodafone Idea Under a shareholders' pact, ABG can buy additional shares at ₹130/share from Vodafone to raise its holding to 35.5%. This pact remains active for three years after the merger of Vodafone India and Idea Cellular. Since that took place on 31st August...

    • 2 days ago
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    Oppo tests Reno 6 Series Smartphones on Reliance Jio 5G Lab

    Smartphone company Oppo India on Wednesday said that it has conducted a 5G SA network trial for the Reno 6 Series in collaboration with Reliance Jio. Oppo Tests its Reno 6 on Jio's 5G Lab In a statement, the company said, "the trial for the Oppo Reno 6 Series yielded highly positive results". The company has started selling the said smartphone from 20th July, in the...

    • 3 days ago
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    5G Spectrum Auction: TRAI Unlikely to Revise Spectrum Base Price

    TRAI may not change the existing reserve price of spectrum in the mid-band earmarked for 5G, a highly-placed source said. This move might translate again in low turnout at the imminent 5G Spectrum Auction. 5G Spectrum Auction to be a Dull Affair? A source said, "we are unlikely to revisit our pricing and stand that we have already taken earlier, but may consider newer bands...

    • 3 days ago
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    Hughes to Connect 1,800 Indian Bank Sites with Satellite Broadband

    On Wednesday, Hughes Communications India Private Ltd. announced that the Bank of India has selected it to provide satellite connectivity to 1,800 bank branches across the country. This project becomes one of the most significant ones handled by the satcom company. Hughes to Connect Bank of India's Branches The statement read that the satcom company will deliver connectivity...

    • 3 days ago
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    Intel Aiming to Expand Foundry Business; to Make Chips for Qualcomm

    On Monday, Intel said its factories will start manufacturing chips for Qualcomm. It also laid out a roadmap to expand its new foundry business to catch rivals such as TSMC and Samsung by 2025. The US-based chipmaker also said that it will also make chips for Amazon, as it looks to expand its foundry business. Intel Buckles Up for Semiconductor Race On Monday, the chipmaker also...

    • 3 days ago
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    Smartphone Makers Providing 5G Band Support in line with Telcos' Network Strategy

    Smartphone makers like OnePlus and Realme said that they are launching smartphones in India with relevant 5G band support. The makers said that launching devices with global 5G band support will increase the prices for consumers. Smartphone Makers Prioritizing India with 5G Band Support Navnit Nakra, VP and Chief Strategy Officer, OnePlus India, said, "5G...

    • 3 days ago
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    Vodafone Group, Aditya Birla Looking to Dilute their stake in Vodafone Idea: Report

    Vodafone Group Plc and Aditya Birla Group, two of the largest stakeholders in Vodafone Idea, might dilute their stake if an investor comes around, Hindustan Times reported. Notably, Vodafone Idea holds a 45% stake, while Aditya Birla Group holds 26% stake. Vodafone and Aditya Looking to Pull out of Vodafone Idea These plans are different from the ones the...

    • 4 days ago
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    Deutsche Bank: Merge Vodafone Idea with BSNL to Save both Telcos

    Deutsche Bank has said that the Indian government must take control of the ailing Vodafone Idea by merging it with BSNL. The Bank said that the government should do this to save the telco going bankrupt. A Vodafone Idea-BSNL Merger? Vodafone Idea's survival has come under serious scrutiny especially after the Supreme Court ruled out any relief on its huge AGR dues. In a note,...

    • 4 days ago
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    STL acquires Clearcomm to acquire Foothold in UK and Europe

    STL announced on Tuesday that it has acquired Clearcomm Group Ltd, a UK based network integration company. Sterlite Acquires Clearcomm Group The companies, in a joint statement, disclosed the transaction details. First, Sterlite will acquire 100% of the share capital of Clearcomm in 2 tranches. As such, the first tranche will acquire 80% of the share, which will happen immediately....

    • 4 days ago

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