Department of Telecommunications creates investment facilitation centre

Source: The Economic Times, July 19, 2017

MUMBAI: The Department of Telecommunications (DoT) has created an investment facilitation centre for the sector that is under financial stress with debt of nearly Rs 5 lakh crore and falling returns.

According to a notice on DoT’s site on Tuesday, KK Sahara, director (IP) and Manish Shukla, ADET (IP), will be in charge of the cell.

The move comes at a time when the sector is sagging under a debt and the steep price war after Reliance Jio’s launch last September has forced telcos to consolidate amid sharply falling returns on capital employed.

Vodafone, which has been among the highest foreign direct investors in the sector through its local telecom unit, has decided to deconsolidate its India business, spooked by the brutal competition which has dragged it’s financials.

Telecom subscriber base in India crosses 1.2 billion mark

download (1).jpgSource: LiveMint.com, July 14, 2017

New Delhi: The telecom subscriber base crossed 1.2 billion mark in May, according to the Telecom Regulatory Authority of India (Trai).

While the growth was led by 6.23 million net subscriber additions in the mobile services segment, it was marginally impacted by decline of 0.14 million landline subscribers.

“The number of telephone subscribers in India increased from 1,198.89 million at the end of April 2017 to 1,204.98 million at the end of May 2017, thereby showing a monthly growth rate of 0.51%,” Trai said in a report on Friday.

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InFocus to invest $10 million in India, launch 16 mobile phones this year

download (6).jpgSource: LiveMint.com, June 28, 2017

New Delhi: InFocus, which has a licensing deal with contract handset maker Foxconn, will invest $10 million in the Indian market to expand its operations in the world’s second largest telecom market. In its second attempt to tap into the market here, InFocus will line up about 16 feature phones and smartphones this year as it eyes a spot among the top 5 handset players in the country.

“We have a huge support coming from Foxconn in terms of supply chain, logistics, manufacturing. India is very important because it is a huge market. The focus will be on bringing the best products and building a balanced online- offline strategy in India,” InFocus Mobile Global CEO Zhongsheng Luo told PTI.

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Reliance Jio launches 25,000km-long submarine cable system

download (1)Source: LiveMint.com, June 29, 2017

Mumbai: Reliance Jio Infocomm Ltd on Wednesday announced the launch of the Asia-Africa-Europe (AAE-1) submarine cable system.

A submarine cable system consists of telecom and internet cables on the seabed between land-based stations. These carry telecommunication and data signals across stretches of oceans.

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Telecom subscriber base crosses 1,198 million in April

images (2).jpgSource: The Economic Times, June 14, 2017

NEW DELHI: The telecom subscriber base in the country reached 1,198.89 million in April but growth continued its downward trend in line with slower pace of new customer additions by Reliance Jio.

“The number of telephone subscribers in India increased from 1,194.58 million at the end of March 2017 to 1,198.89 million at the end of April 2017, thereby showing a monthly growth rate of 0.36 per cent,” Trai said in its monthly subscriber report.

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India to surpass US, become second largest smartphone market after China

imagesSource: Business Standard, June 09, 2017

China is expected to maintain its leadership, with nearly half of all smartphone shipments worldwide, according to Statista. The research organisation, however, did not share figures to back the assertion.

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Trai to consider tighter norms, user refund for global SIM card companies

indexSource: Business Standard, June 11, 2017

New Delhi: Telecom regulator Trai is likely to recommend tighter norms for international SIM card and global calling card companies, and favour refund to customers in case of service failure during an overseas travel.

If the recommendations being worked on by Trai are accepted by the Telecom Department, erring companies will have to cough-up refunds and compensation to customers in case their calling card does not work when they are abroad.

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