Vodafone Idea is initiating one of India’s largest follow-on public offerings, seeking to amass roughly $2.16 billion. Placing the firm under pressure is its struggle against a decreasing market share and encumbering debt, the result of fierce competition within India’s telecommunications industry. Despite currently being hindered by its financial situation to invest in network enhancements, expectations linger for the telecom’s debut of 5G services by year’s end.
In an ambitious move, the Indian government has announced its plans to hold a mobile spectrum auction in May, eyeing a starting bid of nearly US$12 billion. Despite the high hopes tied to this event, experts remain skeptical about its success, given the tepid interest expected from the country’s telecom operators.
Brookfield Asset Management’s proposed $2.5 billion acquisition of American Tower Corporation’s Indian operations could redefine the country’s telecom landscape. This strategic move, merging around 75,000 of ATC’s sites with Brookfield’s digital infrastructure, would create the world’s second-largest independent tower company. However, government approval remains a necessary stepping stone.
In a strategic move to gain a foothold in India’s expanding telecommunications market, Elon Musk’s satellite communications constellation, Starlink, is reportedly considering a stake in Vodafone Idea (Vi). As of 2024, Starlink boasts a constellation of over 5,500 low Earth orbit (LEO) satellites, providing commercial services in more than 60 countries to approximately 1.5 million subscribers.
OneWeb, a Eutelsat entity, gained India’s coveted regulatory endorsement to usher in its satellite broadband service, evoking enthusiastic response from Eutelsat’s co-chair, Sunil Bharti Mittal. This development signifies a new era for India’s internet coverage in line with the Prime Minister’s digital vision. However, a crucial spectrum allocation by the government awaits, making OneWeb’s journey not entirely smooth sailing. An array of procedural and regulatory hurdles demands navigation, alongside competing market perspectives delaying the process.
As 5G Fixed Wireless Access (FWA) evolves with its next phase, 5G Advanced, worldwide research indicates growth and potential for higher speeds and reduced latency. The Middle East currently showcases impressive progress with over 1.6 million 5G FWA users. Yet, debates exist over its future, exploring whether 5G FWA will remain an affordable alternative to fixed broadband or tap into its speed for new applications. Moreover, cost is a concern for Customer Premises Equipment (CPE) devices, considered a current hurdle in advancing 5G FWA.
Elon Musk’s ambitious plans to bring Starlink to India face challenges amidst spectrum policy clashes with local telecom operators. As the competition heats up in India’s satellite communication space, the sector’s future remains a hot topic.
Microsoft to continue talks to buy TikTok from ByteDance Microsoft has announced that it is prepared to continue discussions for the acquisition of popular short-video app TikTok from Chinese internet giant ByteDance. In a statement, the company said that it is committed to acquiring TikTok “subject to a complete security review and providing proper economic benefits to the United States, including the United States Treasury.” Microsoft made the statement following a conversation between its CEO Satya Nadella and US President Donald Trump. The company said it would ensure that all private data of TikTok’s American users is transferred to and remains in the United States. Read more at https://tinyurl.com/y69w8a4b Samsung’s Galaxy Z Fold 2 is official, comes with a ton of improvements Samsung has officially introduced a range of new premium mobile devices at its Unpacked 2020 event live streamed from Korea. Among others, the company is launching the Samsung Galaxy…
Qualcomm invests $97 million in India’s Reliance Jio Platforms Qualcomm has become the latest high ranking sponsor of the four-year-old Indian company, Reliance Jio Platforms. On Sunday evening, Qualcomm Ventures revealed their plans to invest $97 million in Reliance Jio Platforms and to assist that company launch advanced 5G infrastructure and services for their local customers. Furthermore, Reliance Jio Platforms has introduced cut-rate voice and data plans into the Indian telecommunications market, attracting almost 400 million subscribers. This rapid growth has resulted in the company becoming the most successful operator in the world’s second largest market in less than four years since its establishment. Read more at https://tinyurl.com/y9hponyd Deutsche Telekom explores quantum tech with OPENQKD The German operator Deutsche Telekom, in partnership with the OPENQKD (Open European Quantum Key Distribution) consortium, are preparing to research quantum key distribution (QKD) technologies in order to develop quantum-safe data transmission. In spite of the…
Vodafone India and Idea Cellular have finally completed their $23 billion merger after the National Company Law Tribunal approved their request to join forces in becoming the number one telecom service provider in India. The new entity will be listed as Vodafone Idea Ltd and will have a base of over 400 million subscribers (35% subscriber market share and 32,2% of the market revenue share), surpassing the long-time market leader Bahrati Airtel. The rival that aroused the idea for the merger with its successful entry into the market, Reliance Jio, is left in third place. “Today, we have created India’s leading telecom operator. It is truly a historic moment. And this is much more than just about creating a large business. It is about our Vision of empowering and enabling a New India and meeting the aspirations of the youth of our country,” commented the chairman of the new board…
