Daily Archives: May 5, 2017

Mexico’s America Movil gets approval to buy spectrum from Grupo MVS

Mexican billionaire Carlos Slim’s America Movil has received a green light from the telecoms regulator IFT to buy rights to 60 megahertz of spectrum from Grupo MVS, the telecoms giant said on Thursday. The company also said it expects to complete the acquisition, which boosts its offer of high-speed data services, in the second quarter

Over 2 lakh mobile towers set up in 9 months

The government has set up more than 2 lakh mobile towers in nine months, Communications Minister Manoj Sinha said here. The minister also reiterated about the government’s recent initiative to check the mobile tower radiation to allay fears about its adverse effect on health. The minister was speaking to Zee Regional channels’ CEO Jagdish Chandra

Telecom sector drives online hiring activity in April: Monster.com

Online hiring activity in India saw a 10 per cent rise in April over last year led by telecom and BFSI sector, but organisations have remained cautious amid macro-economic shifts like global slowdown and automation. The Monster Employment Index for April stood at 268, up 10 per cent over last year and higher by 2.68

Oracle to help AT&T move humongous data to its cloud

US tech giant Oracle on Wednesday announced a strategic agreement with the US multinational telecommunications conglomerate AT&T to help it move thousands of its large-scale internal databases to Oracle’s Cloud Infrastructure as a Service (IaaS) and Platform as a Service (PaaS). Under the agreement, AT&T will migrate thousands of existing Oracle databases containing petabytes of

Trai to launch MyCall app for consumers to rate call quality

The telecom regulator will introduce an app to measure call quality after each call and beef up the do not disturb app, as it takes more measures to improve call drop rate and enhance quality of services for consumer experience. Telecom Regulatory Authority of India (Trai) chairman RS Sharma said that the MyCall app will

Warren Buffett says he sold a third of stake in IBM

Berkshire Hathaway’s Warren Buffett has sold “a reasonable amount” of his stake in International Business Machines Corp after the stock crossed $180, CNBC reported. IBM’s stock touched $180 on Feb 14 and reached a high of $182.78 during Feb. 16 trading. It closed on Thursday at $159.05 on the New York Stock Exchange. Berkshire Hathaway