India has 84.03% 4G availability, making it one of the top countries in terms of 4G availability, according to a report by OpenSignal. However, in terms of 4G speed, India lies at the very bottom among 77 countries with 6.13 Mbps being the average speed. The report highlighted that there is no country that has […]
The US-based IT major Cognizant on Wednesday said its net profit has jumped 11.4 per cent to $495 million during September 2017 quarter from the year-ago period. This is against a net profit of $444 million in July-September 2016, Cognizant said in a statement. Cognizant, which follows January-December as a financial year, has a majority […]
The ratings on Reliance Communications and its subsidiary Global Cloud Xchange will be “unaffected” by the debt restructuring plan outlined by the company, according to Fitch Ratings. Re-rating will happen after clarity on the execution of the sale of its assets and the capital structure of the revamped entity, it added. Earlier this week, billionaire […]
Malaysia is investigating an attempt to sell details of more than 46 million mobile phone subscribers that were leaked online in a massive data breach, a minister said today. The breach was originally reported by local technology website Lowyat.net after unidentified individuals offered the phone data, from several telecoms companies, and other personal information for […]
Country’s fifth largest IT firm Tech Mahindra today said its consolidated net profit has increased 29.7 per cent to Rs 836.15 crore for the quarter ended September. This is against a net profit of Rs 644.73 crore in the July-September 2016 quarter, Tech Mahindra said in a statement. The company’s revenue from operations was up […]
Nordic telecom operator Telia Company is selling its remaining 19 percent stake in Russia’s Megafon to Gazprombank for around 8.6 billion Swedish crowns ($1.03 billion), it said on Tuesday. Telia said it was selling at a price of 514 roubles ($8.86) per share, implying a discount of almost 10 percent to Monday’s closing price. “The […]
Seoul: Samsung Electronics Co Ltd named a new generation of leaders at its three main businesses on Tuesday as it seeks to steady the ship following the arrest of group scion Jay Y. Lee earlier this year on charges including bribery.
Finnish company HMD Global, which owns the license to manufacture and sell Nokia smartphones, has announced a new smartphone called Nokia 2.
San Francisco: Technology giants Facebook Inc., Google and Twitter Inc. will give a Congressional panel more details about the reach of Russian ads and posts in the US in the lead-up to the 2016 presidential election, according to testimony obtained by Bloomberg.
New Delhi: Bharti Airtel Ltd’s profit plunged 77%, its fourth straight quarterly decline, as ultra-cheap tariffs offered by new entrant Reliance Jio Infocomm Ltd, backed by India’s richest man Mukesh Ambani, took a toll on telecom operators.
Airtel has announced a partnership with Celkon, to offer a 4G-ready smartphone at a price of Rs 1,349. The ‘Celkon Smart 4G comes with a 4-inch touchscreen, dual SIM slots and FM radio.
HMD Global has announced its cheapest smartphone — Nokia 2 at an event in New Delhi, India. The pricing for the Indian market is yet to be announced, but the device will be available at a global price of EUR 99 (approx Rs 7,500) and will go on sale in mid-November. The company also revealed […]