July 25th, 2016 6:23 PM 0 COMMENTS

Sterlite Tech reports 30% jump in profit; says set to gain from 4G and Smart City project

Sterlite Technologies reported 30% year-on-year jump in its first quarter profit at Rs 40 crore, as compared to Rs 31 crore profit in the same quarter last year. The company’s revenues for the same quarter were at Rs 565 crore, against Rs 463 crore in the same quarter last year, registering an increase of 22%. EBITDA increased 21% at Rs 124 crore, against Rs 102 crore in the same quarter... Read More

May 30th, 2015 4:13 PM 4 COMMENTS

NOFN Panel Estimates Budget of Broadband Net To Surpass Rs. 72,778 Crore

A committee that was set up by government to look after the NOFN project has estimated the cost of the project to hike three times more than the initial estimates. As per the reports, the government approved the budget of Rs. 20,000, but the NOFN Panel has suggested that the actual cost will surpass Rs. 72,778 crore. The information was made public by Telecom Ministry stating that the committee had... Read More

May 16th, 2015 12:25 PM 5 COMMENTS

PM to inaugurate NOFN broadband under Digital India next month.

As per latest reports, National Optical Fibre Network(NOFN) under Digital India programme will be inaugurated by Prime Minister between 15-30 June. The NOFN project aims to provide high-speed broadband connectivity to 2.50 lakh gram panchayats in India by December 2016. In the first phase, service will be launched in  Kerala (all districts), Karnataka (Mandya, Chamarajnagar, Hassan), Chandigarh, Bihar (Kishanganj, Sheohar), Uttarakhind (Haridwar), Chhattisgarh(Batrarnpur), M.P(lndore) and Haryana(Faridahad). Department of Telecom and BBNL(Bharat Broadband Network Limited) has intimated BSNL to complete... Read More

August 25th, 2009 6:07 PM 6 COMMENTS

RELIANCE COMMUNICATION TARGETS RURAL CUSTOMERS

Reliance Communications today announced various initiatives to increase mobile telecom and internet penetration in rural India,  with the launch of three new initiatives known as "BharatNet" plan, "Grameen VAS" and "M2M" (Machine to Machine) solutions for rural customers. Mr S P Shukla, President Wireless, Reliance Communications quoted "The Indian telecom wireless rural subscriber base is now over 125 million. The next wave of telecom growth is emerging from rural India.... Read More

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