Recently, the public sector telco, in partnership with a Mumbai-based startup Tidal Wave, deployed a captive 5G network for a few Coal India mines using the 2500 MHz spectrum band.
Citing the progress made towards trade pacts between India and key nations, Mittal exuded confidence that the government will safeguard industry's interests in trade agreements, but asserted at the same time, that it is important that the "industry and chambers don't ask for things which will make FTAs difficult".
However, Mittal said AI will also create new opportunities and more jobs. “Using AI will become absolutely important for everyone, especially in emerging countries like India,” the executive said.
These demands cover both the principal amount and accrued interest on the dues, said the officials cited above. They said that the operators have communicated to the government that the notices cannot be enforced, as the matter is sub judice in various High Courts, the Telecom Disputes Settlement and Appellate Tribunal (TDSAT), and the Supreme Court.
State-controlled Bharat Sanchar Nigam Limited (BSNL), too, lost 0.15 million users in April, restricting its subscriber base to 90.9 million.
Kumar further said TCIL is working with international organisations to deploy indigenous 4G technology, particularly in countries such as Angola, Gambia, Zambia, Botswana, and others.
ITI remains a tightly held PSU stock, with the government owning a 90% stake as of the March quarter. Of the remaining public shareholding, the Special National Investment Fund holds 7.9%, resulting in a limited free float.
In a BSE filing, Vodafone Idea said that its board will meet on May 30 "to consider and evaluate any and all proposals for raising of funds in one or more tranches, either by way of a rights issue or further public offer or private placement (including preferential allotment or qualified institutions placement)."
Dobhal comes with an experience in managing various aspects of business including sales and distribution, customer marketing, experience, Field service and business process automation.
Fibre companies like Sterlite Technologies and Microscan have countered that in an underpenetrated market like India, fibre connectivity has immense headroom for deployment in data centres, telecom towers, etc.
Hathway Cable termed the assistant commissioner’s action as “erroneous”, adding that the company is in the process of filing a suitable response to the Department of Trade and Taxes to reverse the action taken and to release the bank account of the company.
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