Government
Government to Transfer 3,000 MTNL Employees to BSNL as Financial Crisis Deepens
With state-owned Mahanagar Telecom Nigam (MTNL) facing a financial crisis, the government has initiated steps to transfer over 3,000 employees to Bharat Sanchar Nigam (BSNL) and the Department of Telecommunications (DoT). Officials familiar with the matter have also indicated that the government is considering offering employees a voluntary retirement scheme (VRS). The move aims to […]
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Vi’s Government and Bank Debt Increases in Q1 FY25
Vodafone Idea Limited (VIL) released its performance results for Q1 FY25 on 12th Aug. Here, we’ll focus on the company’s net debt. Vodafone Idea’s debt to the government and banks increased in Q1 FY25, reversing the downward trend observed at the end of Q4 FY24. While a moderate increase in debt over the short term […]
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MTNL Requests Rs 1,151.65 Crore for Sovereign Guarantee Bonds from Government
Debt-ridden state-run telecom firm MTNL has requested Rs 1,151.65 crore to cover the interest payments on sovereign guarantee bonds for the current fiscal year, Parliament was informed on this. In a written reply to the Rajya Sabha, Minister of State for Communications Pemmasani Chandra Sekhar stated that the government has implemented several measures for the […]
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‘Made in India’ Telecom Equipment Now Exported to Over 100 Countries, Says Indian Government
The Indian government has announced that telecom equipment designed and manufactured domestically is now being exported to over 100 countries. Last year, these exports, along with telecom services, totaled more than USD 18.2 billion. Madhu Arora, Member (Technology) of the Digital Communications Commission in the Department of Telecom, highlighted that many Indian telecom companies have […]
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Telecom Network in All Indian Villages Within 12 Months
Union Minister Jyotiraditya M. Scindia announced on Saturday that the Indian government aims to achieve 100% telecom connectivity coverage in all villages across the country within the next 12 months. Special funds have been allocated by the Cabinet for this initiative, with Scindia personally overseeing the progress on a weekly basis. During a press conference, […]
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BSNL Was Hit by Data Breach on 20 May, Confirms Government
The Indian Computer Emergency Response Team (CERT-In) reported a possible intrusion and data breach at Bharat Sanchar Nigam Limited (BSNL) on May 20, 2024, according to Minister of State for Communications Chandra Sekhar Pemmasani. In a written response to a query by Congress MP Amar Singh in the Lok Sabha, Dr. Pemmasani noted that while […]
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Budget 2024: BSNL Budget Allocation the Most with Rs 82,916 Crore
Union Finance Minister Nirmala Sitharaman has proposed a budget allocation of ₹1.28 lakh crore for telecom projects and public sector firms under the Telecom Ministry, with a significant portion earmarked for state-owned BSNL, according to the Budget 2024-25 document. Out of the total proposed allocation, over ₹1 lakh crore is designated for BSNL and MTNL-related […]
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Budget 2024: Cost of 4G and 5G Network Rollouts Set to Rise with Customs Duty Increase
The upcoming rollouts of 4G and 5G networks are expected to become more expensive, following Finance Minister Nirmala Sitharaman’s proposal to increase the basic customs duty (BCD) on printed circuit board assembly (PCBA) from 10% to 15% in the Budget 2024-25. PCBAs are a crucial component in various telecom equipment, including mobile base stations, and […]
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Indian Government Likely to Cover MTNL Bond Dues: Report Says
Mahanagar Telephone Nigam Limited (MTNL), a state-run telecom operator in India, recently announced its inability to pay interest dues on bonds. Struggling to grow its business, MTNL is not in a position to meet its bond obligations. However, a report from Business Standard indicates that the government will likely step in to pay the dues […]
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Union Budget 2024: Govt Focus on Boosting 5G & 6G Development
The upcoming Union Budget is expected to include initiatives aimed at boosting India’s 5G ecosystem and allocating funds for further research and development in 6G, according to officials from the Department of Telecommunications. Officials stated that 5G infrastructure will serve as the foundation for developing 6G technology, which promises a new spectrum of solutions. As […]
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