The government has extended the productivity-linked incentive scheme for the telecom industry by another year and has expanded its scope to cover design-led manufacturing. The Centre will provide additional incentives of over Rs 4,000 crore under the amended scheme. The Department of Telecommunications said the decision to amend the … Read more
The Department of Telecom has launched an incentive scheme for design-led manufacturers and extended the duration of the Rs 12,195 crore production-linked incentive (PLI) scheme by a year, an official statement said on Monday. The incentive for design-led manufacturing is part of the PLI scheme which was notified on … Read more
As the countdown to the 5G era begins, Communications Minister Ashwini Vaishnaw on Friday exuded confidence that telecom players will participate with enthusiasm in the upcoming spectrum auction and make it a success. Vaishnaw told PTI that this is the right time for the country to move forward on … Read more
The rollout of 5G services in India is likely to start in August after the auctions get concluded in July, Telecom secretary K Rajaraman said on Thursday while speaking at an industry event. He said, “The government has announced the 5G spectrum auctions, and the rollout is expected from … Read more
The spectrum auction for 5G services marks the beginning of a new era for Indian telecom, Communications Minister Ashwini Vaishnaw said on Wednesday. The comment assumes significance as the Union Cabinet has approved the modalities for holding 5G spectrum auction, and 72 GHz of radio waves will be put … Read more
Job demand continued to be on a growth trajectory in May, witnessing a 9 per cent rise year-on-year, mainly supported by telecom, banking, financial services and insurance and import and export sectors, a report said on Tuesday. The job market continued to show growth for the second consecutive month … Read more
© Reuters. FILE PHOTO: Telecom Italia (TIM) General Manager Pietro Labriola poses for a portrait at the company’s headquarters in Rome, Italy, January 17, 2022. REUTERS/Guglielmo Mangiapane/File Photo TRENTO, Italy (Reuters) – Telecom Italia (BIT:) (TIM) will pursue a plan to separate its landline network from its service operations to maximize asset value in the … Read more
With the broad equity market under pressure in recent months, telecommunications stocks might offer a safe haven. “Telecom stocks looked boring when markets were willing to pay anything for growth stocks versus value,” Bank of America analysts wrote in a commentary. “As growth stories run out of steam and … valuations get revised lower, we … Read more
The Department of Telecom has removed five devices, including mobile handsets and smart watches, from its prior mandatory testing and certification list. The DoT’s move is to ensure there is no duplication in terms of testing and certification of these five products as they are already covered under the list … Read more
Key Insights Investors continue to search for safe-haven assets amid broad market sell-off. Telecom stocks offer solid dividend yields, which attract income-oriented investors. Verizon and AT&T are trading at reasonable valuation levels, which provides additional support to these stocks. While S&P 500 continues to fall, several telecom stocks have managed to find support amid demand … Read more