BSNL Finance Director replaced amid financial crisis

Amidst the acute financial crisis at BSNL, the Department of Telecom (DoT) has handed over the responsibility of the Finance Director at the cash-strapped PSU to current Director Mobile as well as fixed line, Vivek Banzal divesting the charge from Sujata Ray. Official sources said Banzal, who is already holding two key charges, has been […]

Bharti Airtel arm applies for in-flight connectivity licence

A Bharti Group company, Indo Teleports, has approached the Telecom Department for in-flight connectivity licence, that allows service providers to offer connectivity and data services to Indian and foreign airlines, sources said. Sources privy to the development told that Indo Teleports, a subsidiary of Bharti Airtel, has applied to the Telecom Department for the said […]

Telecom Minister meets FM over MTNL wage bill

Telecom Minister Manoj Sinha on Tuesday met Finance Minister Arun Jaitley and is understood to have sought funds amounting to over Rs 1,000 crore for salary payments to cash-strapped MTNL till June this year. Sinha was accompanied by telecom secretary Aruna Sundararajan and MTNL chairman and MD Praveen Kumar Purwar to the meeting. Sinha, Sundararajan […]

Huawei says no legal case against Australia, for now

Chinese telecoms giant Huawei said Friday it had no immediate plans to mount a legal challenge over Australia’s decision to bar the company’s equipment from the 5G network Down Under. A day after taking Donald Trump’s administration to court for banning US federal agencies from buying Huawei products, the firm said no such move was […]

Global smartphone shipments to fall for third consecutive year

The global smartphone market is projected to experience its third consecutive year of declining shipments as smartphone volumes are forecast to fall by 0.8 per cent, with volumes dipping to 1.39 billion, said a International Data Corp (IDC) report. According to IDC’s “Worldwide Quarterly Mobile Phone Tracker” report, the worldwide smartphone market is, however, expected […]

Huawei sues US government over ban on its equipment

Chinese technology giant Huawei on Thursday said it has filed a lawsuit against the US government as a “last resort” to get a federal ban on the use of its products lifted. The lawsuit, filed in a US District Court in Plano, Texas, challenges the constitutionality of Section 889 of the 2019 National Defence Authorization […]

Airtel’s proposed rights issue credit positive: Moody’s

Telecom operator Bharti Airtel’s proposed rights issue is “credit positive” as it will enable the company to pare debt and improve liquidity, according to Moody’s. Airtel’s Board had last week approved fund-raising plans of up to Rs 32,000 crore through a combination of rights issue and bond — a move that will help the company […]

Hughes Communications India gets flight and maritime connectivity licence

Hughes Communications India (HCIL) Thursday said it has received Flight and Maritime Connectivity licence from the government, that authorises it to offer high-quality broadband services in ships and aircraft, within Indian territory. With this, HCIL becomes the first company to be granted the Flight and Maritime Connectivity (FMC) licence in India by the telecom department, […]