Daily Archives: October 4, 2017

5G to take away sheen from smartphones for a while

The era of 5G of mobile networks will not simply be about more throughput and speeds. These are obvious outcomes. The real power of 5G will be in unleashing connectivity among the unconnected — and “unconnected” will not primarily mean people. 5G will not be providing solutions to reach out to the lowest strata of

Aircel-Maxis case: Karti Chidambaram moves SC against CBI summons

Former finance minister P Chidambaram’s son Karti Chidambaram on Wednesday moved the Supreme Court against the summons issued by the Central Bureau of Investigation (CBI) in connection with Aircel-Maxis case. On September 27, the CBI had summoned Karti to appear before it on October 4. Earlier, the Enforcement Directorate (ED) had attached assets, bank accounts

Cloud communications company Solutions Infini eyes $100 revenue by 2020

Cloud communications company Solutions Infini aims to make $100 million revenue by 2020 where in 2016 it hit over $25 million of revenue and is expecting to make about $35-40 million revenue this year. Also, the company will be launching its global product in January 2018 which will be a messaging and voice product. The

DoT approaches TRAI on review of spectrum caps for telcos

The Telecom Department has approached the sector regulator TRAI on review of existing spectrum caps – 50 per cent within a band and 25 per cent overall across all bands – applicable on the operators. The department’s letter to Telecom Regulatory Authority of India (TRAI) in this regard follows the recommendations made by the inter-ministerial

Global IT spending to hit $3.7 trillion in 2018

Global IT spending is projected to hit $3.7 trillion in 2018 — a 4.3 per cent increase from 2017, market research firm Gartner said on Wednesday. Enterprise software and IT services are expected to exhibit strongest growth with 9.4 per cent ($387 billion) and 5.3 per cent ($980 billion) respectively. The Devices segment, Data Centre

Infosys bags deal from KONE, to set up Helsinki design centre

India’s second-largest software services firm Infosys today said it has bagged a contract from KONE, a leading player in the global elevator and escalator industry. No financial details of the deal were disclosed. Infosys, in a statement, said it will also set up its first design and innovation centre in Helsinki to consolidate its presence

Oppo gets govt nod to open own stores in India

India has approved smartphones maker Oppo’s request to open single-brand retail stores in the country, paving the way for the Chinese firm to sell directly to consumers and add to its existing wholesale business. The move would help Oppo expand its reach in the world’s third-largest smartphones market, where global giants such as Apple Inc