ETTelecom
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ETTelecom
11h ago
Citing an in-house study, Kochhar said that telecom service providers spent Rs 10,000 crore additional in capital expenses (capex) in 2023 to augment network infrastructure supporting seamless data traffic consumed by top OTT players ..read more
ETTelecom
20h ago
Vi is planning to raise as much as Rs 45,000 crore through a mix of equity and debt. Of the total, Rs 18,000 will come from its follow-on public offer (FPO) which opened Thursday, Rs 2,075 crore from a promoter entity through a preferential share issue and the rest Rs 25,000 crore through debt ..read more
ETTelecom
21h ago
The company's managing director and chief executive AS Lakshminarayanan said that the Tatas will partake in the Centre's AI Mission to offer AI services to startups and researchers ..read more
ETTelecom
21h ago
Rajiv Jain's GQG Partners, through several of its funds, has invested nearly Rs 1,350 crore in Vi's anchor book ..read more
ETTelecom
1d ago
Vodafone Idea sold shares worth Rs 5,400 crore to institutional investors in the first phase earlier this week. Investment firms GQG and Fidelity picked up most of the shares during the anchor book allocation ..read more
ETTelecom
1d ago
“Our current headcount in India is close to 15,000. We will expand significantly in India in terms of both— presence and headcount,” the top executive said, adding that the company is spending top dollars in upskilling staff in AI technologies ..read more
ETTelecom
2d ago
“Within APAC, India net sales declined reflecting the normalization of 5G investments in the region after significant deployments in the year-ago quarter. Elsewhere in APAC, (the) rest of APAC and Greater China also declined,” Nokia said in its earnings report ..read more
ETTelecom
2d ago
Earlier, the Telecommunications Regulatory Commission of Sri Lanka (TRCSL) had granted its approval for the proposed merger ..read more
ETTelecom
2d ago
"FPO proceeds will not be utilised to pay any promoter or promoter group entity. As such, only a maximum of around 17% of the FPO proceeds are for general corporate purposes. We will use it in the best interest of the business and that use could also be capex. Broadly, we hope to pay vendors with the cash flows that we generate from operations, over a period of time ..read more
ETTelecom
2d ago
“These servers are planned to be used for building PARAM RUDRA supercomputing systems under National Supercomputing Mission (NSM),” said E Magesh, director general of CDAC. He said CDAC is banking on Kaynes Technology to deliver the indigenous servers ..read more