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Nokia Said to Be in Talks With Bharti Airtel for Multi-Billion Dollar 5G Contract
The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs, according to the sources.
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Reliance Jio to Sign $1.7 Billion Deal With Nokia for Purchase of 5G Network Equipment: Report
Reliance Jio Infocomm is reportedly gearing up to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment. The contract could be signed as early as Thursday in Helsinki, Finland. HSBC, JP Morgan and Citigroup are reportedly backing Jio's 5G-related purchases.
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Delhi High Court Refuses to Interfere With TRAI's Rs 1,050 Crore Penalty on Vodafone
The Delhi High Court refused to grant relief to Vodafone after the Telecom Regulatory Authority of India (TRAI) recommended the imposition of an Rs. 1,050 crore penalty on the operator. The penalty was recommended after Reliance Jio accused Vodafone of denying interconnectivity to its network as part of an Interconnection Agreement. The court held ...
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Reliance Jio, Vodafone Idea Announce Valentine’s Day Special Prepaid Offers: All Details
Reliance Jio and Vodafone Idea have both announced special Valentine's Day deals on prepaid recharge plans. The newly introduced Vi offer is only available through recharge via the Vi app till February 14, while Jio has not announced the last date yet.
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Jio Seeks to Deposit Rs. 3,720 Crore in Escrow Account to Acquire Reliance Infratel's Tower, Fibre Assets
Jio has proposed to deposit Rs 3,720 crore in an escrow account in order for the company to complete its acquisition of Reliance Infratel's tower and fibre assets. The company has stated that a delay in acquisition of the assets due to inter-creditor disputes will deteriorate the value of assets. The telecom operator placed a bid in November 2019 t...
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Jio Picks Nokia, Ericsson as Equipment Suppliers Ahead of Plans to Roll Out 5G Across India
Jio has selected Nokia as a major supplier, according to the Finnish telecom equipment maker. The company will provide Jio with 5G radio access network (RAN) equipment in a multi-year deal, ahead of its plans to roll out 5G services to over 420 million users.
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Nokia Gets Multi-Year Deal To Supply 5G Equipment To Reliance Jio
Finnish company Nokia on Monday said it has won a multi-year deal from Indian telecom operator Reliance Jio to build one of the largest 5G networks in the world.
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Bharti Airtel Allots 1.2 Percent Equity Shares to Google for $700 Million
Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs. 730 apiece. The allotment is part of Google's commitment to invest $1 billion (nearly Rs. 8,000 crore) with Airtel, which included equity investment in the company worth $700 million (nearly Rs. 5,600 crore), Airtel said in...
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Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook's 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares...
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InMobi's Roposo in Discussions for Social Commerce Venture With Reliance Retail
Digital technology firm InMobi's social media arm Roposo is in discussions with Reliance Retail for a social commerce related business deal which is expected to be rolled out in the next two quarters, a top official said on Tuesday.
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JioPhone Next Pricing and EMI Plans Explained
JioPhone Next is claimed to be the world’s most affordable 4G smartphone yet, but is it worth the hype?
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Amazon, Microsoft Swoop In On $24 Billion India Farm-Data Trove
Amazon.com Inc., Microsoft Corp. and Cisco Systems Inc. are among technology giants lining up to harness data from India's farmers in an ambitious government-led productivity drive aimed at transforming an outmoded agricultural industry.
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Airtel, Jio Conclude Rs 1,008 Crore Spectrum Trading Deal
Bharti Airtel-Jio Spectrum Deal: The closure of the trading deal gives Jio the right to use Airtel's 800 Mhz spectrum in the Andhra Pradesh, Delhi, and Mumbai circles.
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NXP, Jio Platforms Collaborate For Expanded 5G Use Cases In India
Jio Platforms will leverage the Nasdaq-listed company's layerscape family of multicore processors to implement a new radio (NR) O-RAN (radio access network).
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Nokia Said to Be in Talks With Bharti Airtel for Multi-Billion Dollar 5G Contract
The deal with Airtel would be for Nokia's latest AirScale mobile radios that support upgrading an existing network to 5G-Advanced and reduces energy costs, according to the sources.
-
Reliance Jio to Sign $1.7 Billion Deal With Nokia for Purchase of 5G Network Equipment: Report
Reliance Jio Infocomm is reportedly gearing up to sign a contract worth $1.7 billion (roughly Rs. 14,016 crore) with Nokia this week to purchase 5G network equipment. The contract could be signed as early as Thursday in Helsinki, Finland. HSBC, JP Morgan and Citigroup are reportedly backing Jio's 5G-related purchases.
-
Delhi High Court Refuses to Interfere With TRAI's Rs 1,050 Crore Penalty on Vodafone
The Delhi High Court refused to grant relief to Vodafone after the Telecom Regulatory Authority of India (TRAI) recommended the imposition of an Rs. 1,050 crore penalty on the operator. The penalty was recommended after Reliance Jio accused Vodafone of denying interconnectivity to its network as part of an Interconnection Agreement. The court held ...
-
Reliance Jio, Vodafone Idea Announce Valentine’s Day Special Prepaid Offers: All Details
Reliance Jio and Vodafone Idea have both announced special Valentine's Day deals on prepaid recharge plans. The newly introduced Vi offer is only available through recharge via the Vi app till February 14, while Jio has not announced the last date yet.
-
Jio Seeks to Deposit Rs. 3,720 Crore in Escrow Account to Acquire Reliance Infratel's Tower, Fibre Assets
Jio has proposed to deposit Rs 3,720 crore in an escrow account in order for the company to complete its acquisition of Reliance Infratel's tower and fibre assets. The company has stated that a delay in acquisition of the assets due to inter-creditor disputes will deteriorate the value of assets. The telecom operator placed a bid in November 2019 t...
-
Jio Picks Nokia, Ericsson as Equipment Suppliers Ahead of Plans to Roll Out 5G Across India
Jio has selected Nokia as a major supplier, according to the Finnish telecom equipment maker. The company will provide Jio with 5G radio access network (RAN) equipment in a multi-year deal, ahead of its plans to roll out 5G services to over 420 million users.
-
Nokia Gets Multi-Year Deal To Supply 5G Equipment To Reliance Jio
Finnish company Nokia on Monday said it has won a multi-year deal from Indian telecom operator Reliance Jio to build one of the largest 5G networks in the world.
-
Bharti Airtel Allots 1.2 Percent Equity Shares to Google for $700 Million
Telecom operator Bharti Airtel on Thursday said it has allotted over 7.1 crore equity shares to internet major Google for Rs. 730 apiece. The allotment is part of Google's commitment to invest $1 billion (nearly Rs. 8,000 crore) with Airtel, which included equity investment in the company worth $700 million (nearly Rs. 5,600 crore), Airtel said in...
-
Reliance Fined for Not Promptly Disclosing 2020 Facebook $5.7 Billion Deal
Reliance Industries and two of its compliance officers were fined for violating fair disclosure norms during Facebook's 2020 investment in its digital unit in 2020. SEBI said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the imminent investment that led to a spike in its shares...
-
InMobi's Roposo in Discussions for Social Commerce Venture With Reliance Retail
Digital technology firm InMobi's social media arm Roposo is in discussions with Reliance Retail for a social commerce related business deal which is expected to be rolled out in the next two quarters, a top official said on Tuesday.
-
JioPhone Next Pricing and EMI Plans Explained
JioPhone Next is claimed to be the world’s most affordable 4G smartphone yet, but is it worth the hype?
-
Amazon, Microsoft Swoop In On $24 Billion India Farm-Data Trove
Amazon.com Inc., Microsoft Corp. and Cisco Systems Inc. are among technology giants lining up to harness data from India's farmers in an ambitious government-led productivity drive aimed at transforming an outmoded agricultural industry.
-
Airtel, Jio Conclude Rs 1,008 Crore Spectrum Trading Deal
Bharti Airtel-Jio Spectrum Deal: The closure of the trading deal gives Jio the right to use Airtel's 800 Mhz spectrum in the Andhra Pradesh, Delhi, and Mumbai circles.
-
NXP, Jio Platforms Collaborate For Expanded 5G Use Cases In India
Jio Platforms will leverage the Nasdaq-listed company's layerscape family of multicore processors to implement a new radio (NR) O-RAN (radio access network).
