BSNL, MTNL to be merged; govt will put in nearly Rs 69,000 cr for revival of two state-owned telecom firms
The government on Wednesday decided to merge loss-making telecom firms MTNL and BSNL as part of a revival package that includes raising sovereign bonds, monetising assets and voluntary retirement scheme (VRS) for employees
India Post Payments Bank will start operations in March 2017 in about 50 districts and cover the entire country by the end of financial year 2018-19
Government today cleared proposal to set up India Post payments bank with a corpus of Rs 800 crore and has plans to have 650 branches operational by September 2017, Telecom Minister Ravi Shankar Prasad said today.
The government is monitoring Ringing Bells, which has launched the world's cheapest smartphone, and will take action if the company fails to deliver the Freedom 251 handset, Telecom Minister Ravi Shankar Prasad said today.
With Prime Minister Narendra Modi voicing concern over call drops, the government has initiated pro-active steps to address the problem, with regulator TRAI being asked to seek details from telecom operators about their infrastructure and capacity to provide effective services.
Amid a raging controversy over ban on 857 websites, Internet service providers on Wednesday refused to implement the government order for unblocking sites without child pornography unless they are given a specific list.
Terming India as an important player in Internet governance, Telecom MinisterRavi Shankar Prasad said the future architecture of the Web should not be a prerogative of a few and should be open to all.
As Internet penetration in India is on the rise, the e-commerce sector in the country is likely to witness a growth of over 50 percent in the next 5 years, says the Economic Survey.
High spectrum would lead to rise in mobile services rates and adversely impact government's Digital India initiative by impeding telecom network expansion, an industry body said.