Government may float $1 billion fund for ‘Made in India’ telecom gear push

 TelecommunicationSource: The Economic Times, Sep 04, 2014

KOLKATA: The telecom department is examining a proposal from the National Manufacturing Competitiveness Council, at the instance of the Prime Minister’s Office, to float a $1 billion (about Rs 6,000 crore) government-sponsored fund to seed ‘Made in India’ technologies to boost local gear manufacturing.

The proposed telecom manufacturing fund will “infuse equity in start-ups promoted by technocrats and scientists of Indian origin on condition that product development and manufacturing happens in India,” says a note forwarded by the PMO to the telecom department, a copy of which was reviewed by ET.

Once promoters of telecom start-ups commit that development and manufacturing will happen in India, the fund will bear full costs through equity infusion. It will retain majority ownership and be the final authority for clearing all proposals related to a potential transfer of management control, measures aimed at ensuring that promising telecom start-ups don’t get acquired midstream by multinational firms.

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Govt to spend Rs 20,000 crore for mobile connectivity in villages

Source: Times of India, Aug 26, 2014

NEW DELHI: The government will spend Rs 20,000 crore to provide mobile connectivity in 55,000 villages, which are still untouched by wireless telephony, in the next five years, telecom secretary Rakesh Garg said on Tuesday.

Speaking at the first meeting of the Centre and states to deliberate on various initiatives under the Digital India programme, Garg said in the first three years the government will provide mobile connectivity to half of these villages.

“It is very important to provide mobile connectivity in all the villages. We will connect up to 55,000 villages, which do not have such a service in the next 5 years and Rs 20,000 crore has been earmarked for this,” he said.

Mobile connectivity

 

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$8-bn opportunity in store for Indian telecom cos: report

Source: Hindustan Times, Aug 22, 2014

New Delhi: The growing internet usage in India is expected to help telecom companies in the country generate additional cumulative revenues of $8 billion (Rs 48,000 crore) over the next three years, according to a study by Google and AT Kearney released on Thursday.a

Digital opportunities offered by synergy of internet and mobile communication such as mobile banking, e-commerce, utility based communications and online media content will drive the next phase of internet growth, the study said.

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Samsung still leads Indian mobile market, Micromax No. 2

Source: LiveMint.com, Aug 18, 2014

New Delhi: Samsung Electronics Co. is still No.1 in India, both in the overall handset market and the rapidly-growing asmartphone segment, but faces a “real possibility” of losing its position to home-grown brands such as Micromax, according to a new report released on Monday.

Research firm International Data Corporation (IDC) said in a report that Samsung stood first with 17% market share in the June quarter of 2014 followed by Micromax Informatics Ltd with 14%, and Nokia Oyj with 10%.

“While Samsung has held on to its leadership position in the market, it is noteworthy that Micromax is growing faster. Samsung needs to continue to address the low-end of the market aggressively, and also needs a blockbuster product at the high-end to regain momentum,” said Jaideep Mehta, vice-president and general manager for South Asia at IDC.

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Finnish firm Jolla to launch handsets in India

JollaSource: The Hindu Business Line, Jul 21, 2014

Mumbai: Finland-based smartphone company, Jolla, has signed an agreement with Snapdeal.com, India’s largest e-commerce marketplace, to launch its handsets in the country. Jolla runs on independent operating system Sailfish.

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India’s fixed broadband market to reach $2.12 billion by 2017: IDC

Source: The Economic Time, Jun 23, 2014

New Delhi: Revenue from fixed broadband services in India is likely to grow at 7.8% annually for the next five years, helped by demand for bandwidth driven by cloud and video, but the growth is far slower than an expected yearly subscriber growth of 13.9%, research firm IDC said Friday.

IDC expects India’s fixed broadband market to reach $2.12 billion by 2017, from $1.46 billion in 2017.

“The difference between broadband subscriber number and revenue growth shows continuous average revenue per user (ARPU) decline in India. One reason is the high price pressure and fierce competition in India telecom market,” IDC said in its semi-annual Telecom Services Tracker report.

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DoT working on policy to treat broadband as basic need

National Broadband Policy Source: Business Standard, Jun 19, 2014

New Delhi: The Department of Telecom is expected to finalise a National Broadband Policy within 100 days that would treat high-speed Internet access a basic right like education and health.”A new broadband policy is being prepared and will be finalised within 100 days,” an official source said.

Under the new policy the government has plans to include broadband among basic necessities like education and health and work towards new legislation of ‘Right to Broadband’, sources said.

They said it is expected to look at ways of increasing broadband penetration as well as convergence of various technologies and platforms like cable TV, optical fibre, wireless connection through spectrum, VSAT and satellite .

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