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Nokia report: 134 million 5G devices in India, each user consumes 24.1 GB data on average

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Nokia’s Broadband Index Report reveals India’s data consumption upsurge at 26% CAGR, with users averaging 24.1 GB monthly, hitting 17.1 exabytes (17.1 million TB) in 2023. 5G adoption has accelerated, driven by metro areas.

India’s data consumption is growing at a compounded annualised growth rate (CAGR) of 26% and the average user is consuming 24.1 GB of data every month, as per Nokia’s Broadband Index Report.

Nokia released the findings of its India-specific Mobile Broadband Index today. The report presents a deep dive into the data consumption trends, with the advent of 5G and the emergence of new technologies.

As per the report, Indian users consumed 17.1 exabytes of data monthly in 2023. For reference, 1 exabyte of data is equal to a million terabytes. The report claims that this spike in data consumption is in keeping with the secular uptrend in data consumption. The report cites a CAGR of 26% in data consumption over the past five years.

The 5G rollout that began in October 2022 has played a key role, per the report. According to Nokia, India now has 134 million 5G-enabled devices, which make for 17% of a total of 796 million 4G devices.

Nokia report claims that 5G users on average consume 3.6 times the data consumed by an average 4G user. Further, it claims that 5G data constitutes 15% of all data consumed in 2023.

Nokia report argues that enhanced 5G availability, coupled with the availability of a wide range of affordable devices, is fuelling 5G adoption. As per the report, this adoption is being led by metro cities, which have seen 5G data accounting for 20% of all data consumed.

The report further suggests that Fixed Wireless Access is also likely to be a key enabler for both individual users and enterprises. The report claims that FWA users consume 2.5 times the data consumed by 5G users.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Ericsson exec says company believed in cutting-edge India well before the world saw its potential

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Nunzio Mirtillo, Head of Market Area South East Asia, Oceania, and India at Ericsson, discusses with CNBC TV18 India’s rapid 5G deployment and the burgeoning 6G dialogue at Mobile World Congress 2024, emphasising innovation and Ericsson’s pivotal role in it.

In an exclusive interview at the Mobile World Congress 2024 in Barcelona, Nunzio Mirtillo, Head of Market Area South East Asia, Oceania, and India at Ericsson, shared insights into India’s remarkable strides in 5G deployment and the burgeoning conversations surrounding 6G technology.

Addressing the question of whether India’s transition from 4G to 5G — and Ericsson’s role in it — was a calculated risk or a gamble, Mirtillo asserted that it was a natural progression driven by India’s exponential growth in mobile broadband adoption. He highlighted Ericsson’s early recognition of India’s potential and proactive efforts to capitalise on it. “It was very, very obvious to us,” he said

Mirtillo also addressed the ongoing discourse on 6G, acknowledging its premature nature juxtaposed with the nascent stage of 5G. He emphasised the relentless drive for innovation, stating, “Research never stops.” Mirtillo commended India’s swift adoption of 5G, highlighting the country’s ability to deploy a state-of-the-art infrastructure within just 15 months. With over 70 million 5G subscribers and a projected 200 million in the near future, India stands as a global leader in 5G innovation.

India’s demand for connectivity mandates cutting-edge solutions, emphasised Mirtillo. He lauded the country’s significant strides in connectivity, attributing it to India’s potential for fostering innovation and societal advancement. Mirtillo stressed Ericsson’s unwavering commitment to India’s technological growth, mentioning the establishment of a 6G research centre in Chennai and collaborations with esteemed institutions like IIT Madras and ISI.

Also read: AT&T chooses Ericsson for new US telecom network, will drop Nokia

Reflecting on India’s rapid 5G deployment, Mirtillo attributed its success to meticulous planning and execution. He underscored the importance of ensuring consistent, high-quality coverage across major cities like Delhi and Mumbai. “This focus on quality sets India’s 5G rollout apart from regions where coverage may be sporadic,” he added.

When queried about the most compelling use cases for 5G in India, Mirtillo highlighted enhanced mobile broadband and fixed wireless access as pivotal for meeting the country’s burgeoning connectivity needs. He emphasised the transformative potential of network slicing, enabling tailored services for sectors such as healthcare and journalism.

In elucidating Ericsson’s role in India’s 5G journey, Mirtillo emphasised the company’s longstanding commitment to the Indian market. “We have been the market leader in 5G, delivering more sites and more technology than everyone else,” he stated. Mirtillo attributed this success to Ericsson’s foresight and unwavering dedication to India’s technological advancement.

Looking ahead, Mirtillo emphasised the importance of continuous innovation and collaboration in India. With over 31,000 employees in India, Ericsson is deeply invested in driving technological advancements and fostering talent within the country. He expressed confidence in India’s ability to not only lead the 5G revolution but also serve as a global innovation hub.

As India continues its journey towards digital transformation, Ericsson remains steadfast in its commitment to empowering the nation with cutting-edge technology. With 5G laying the foundation for unprecedented connectivity and innovation, India stands poised to embrace the future with confidence and resilience.

Also read: Ericsson’s top exec on India’s 5G success and transition to 6G

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Qualcomm CEO Cristiano Amon’s plan to bring affordable 5G devices to India

In an interview with CNBC-TV18 Cristiano Amon, President and CEO of Qualcomm Inc, shared his ambitious vision for the future of technology in India, encompassing everything from 5G expansion to the advent of generative artificial intelligence (Gen-AI) and semiconductor manufacturing.

With a strong emphasis on innovation and collaboration, Amon’s insights shed light on Qualcomm’s pivotal role in shaping India’s technological landscape.

Amon highlighted the importance of 5G technology in revolutionising mobile connectivity across India. Recognising the current prevalence of premium 5G devices, he outlined Qualcomm’s commitment to making this transformative technology accessible to all consumers.

“We want to see 5G coverage continue to expand in India, we want to see a lot of 5G services. 5G is the only technology that can support high speeds and unlimited data rates for mobile consumers. You see a lot of 5G phones right now, but they are premium, they are high-tier phones, so a majority of people buy 4G phones. We want everybody to experience 5G and so we see two vectors to enable that.

One is that 5G networks are becoming more modern and the opportunity exists for the operators in India to invest in what we call a standalone (SA) network. Once you do that, you enable the opportunity to bring some of those 5G devices at very attractive price points and that is what we are working on. We are announcing a chipset shortly and we think we can build with our ecosystem of partners, devices at those price points as early as the second half of this year,” Amon stated.

Expanding on Qualcomm’s vision for the future, Amon introduced the concept of generative artificial intelligence (Gen-AI) and its profound impact on human-device interaction. Envisioning AI agents embedded within smartphones, he highlighted the potential for predictive capabilities to enhance user experiences.

From real-time language translation to innovative photography features, Amon foresees Gen-AI ushering in a new era where devices seamlessly integrate with daily life, transcending the limitations of traditional app-centric models.

As the largest fabless company globally, Qualcomm is poised to play a pivotal role in India’s semiconductor ecosystem. Amon emphasised the company’s longstanding investment in India, spanning over a decade of advanced R&D and chip design.

With plans to further expand its presence, Qualcomm aims to support India’s efforts in establishing a geographically diversified and resilient supply chain. By collaborating with Indian manufacturers and fostering opportunities in the semiconductor space, Qualcomm seeks to solidify its position as a key contributor to India’s technological growth.

In addition to mobile and semiconductor technologies, Amon highlighted Qualcomm’s endeavours in automotive connectivity. With a significant pipeline of contracted projects and projected revenues, Qualcomm aims to revolutionise the driving experience in India. From cloud connectivity to digital cockpit enhancements, Amon outlined Qualcomm’s goal of integrating Gen-AI into automotive platforms, enabling seamless interaction between drivers and their vehicles.

Looking ahead, Amon reiterated Qualcomm’s commitment to empowering Indian consumers with connected experiences. From ubiquitous 5G coverage to immersive digital cockpit environments, Qualcomm envisions a future where technology seamlessly integrates into everyday life.

Watch the accompanying video for the entire conversation.

 5 Minutes Read

Tata Elxsi collaborates with AccuKnox to offer 5G managed security services for operators

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Tata Elxsi Share Price | In a stock exchange filing, Tata Elxsi said its Neuron products suite has partnered with Accuknox, developer of Nimbus, a cutting-edge cloud-native security solution.

Tata Elxsi Ltd on Thursday, February 22, said it has collaborated with the cloud-native security solution provider Accuknox to provide 5G managed security services for telecom operators.

This partnership marks a significant advancement in network transformation and security, providing operators a holistic solution for constructing and safeguarding autonomous networks.

In a stock exchange filing, Tata Elxsi said its Neuron products suite has partnered with Accuknox, developer of Nimbus, a cutting-edge cloud-native security solution.

“Through this collaboration with AccuKnox, we want to offer telcos a solution that simplifies the complexity of deployment while also being secure and resilient. This strategic partnership helps operators roll out secure 5G networks with inline mitigation and makes the network future-ready for 6G,” Rajagopalan Rajappa, CTO, communications at Tata Elxsi, said.

Neuron is a telecom automation platform, features a robust suite of transformation products aimed at aiding operators in constructing autonomous networks.

This suite includes Neuron Telco Cloud, which streamlines 5G rollout, and Neuron Dark NOC, designed to automate 5G NOC operations. Both solutions, fueled by Gen AI, provide intelligent user interactions, digital twin functionalities, and predictive intelligence through AI/ML algorithms.

On the other hand, Nimbus brings forth a feature enabling the identification of crucial network and hosts security policies via environment profiling.

The identified policies are translated into intents, which can be applied in a cloud-native manner to any Kubernetes workload, covering from Core to the RAN. Once deployed, these intents provide real-time inline security against potential attackers.

The integration of Neuron with Nimbus enables operators to deploy and secure cloud-native workloads, the company said.

At 10.10 am, shares of Tata Elxsi were trading 1.12% higher at ₹7,885 apiece on BSE.

Also Read: Maruti losing market share in the small cars space, but remains a leader: Macquarie

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Ericsson’s top exec on India’s 5G success and transition to 6G

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Priyanka Anand, Head of HR at Ericsson, reveals the strategic approach behind India’s 5G deployment, emphasising proactive upskilling. Anand highlights challenges, employee engagement, and the roadmap for transitioning to 6G.

India witnessed one of the fastest deployments of the 5G network with 2.7 lakh sites within nine months and Ericsson was at the forefront, working closely with telecom operators like Reliance Jio and Bharti Airtel.

In its earnings for the October-December 2022 quarter, the company saw a 21% increase in its sales, primarily driven by 5G market share gains in India.

In a recent interview, Priyanka Anand, Vice President and Head, HR, South East Asia, Oceania & India, Ericsson, shared key insights into how the company successfully navigated the challenges of deploying 5G in India and is now gearing up for the future with a focus on employee upskilling.

As India witnessed the rapid evolution of 5G technology, Ericsson took a proactive approach to reskilling its workforce. Priyanka Anand highlighted the company’s multi-faceted strategy, including early reskilling initiatives, collaboration with third-party vendors, leveraging global delivery centres, and proactive mobilisation of experts to ensure a seamless transition.

“We started to reskill our people much ahead. The set of expertise and learning that we have from the other parts of the world where we were deploying 5G already and using that learning expertise and those people to train our own was a big part of our strategy,” Anand said.

The biggest challenge, Anand said, was getting everyone on the same page. “How do you weave a narrative, a purpose, a dream, a vision and then get everybody on to it and motivate people to work in this part of the world for these customers?”

According to Anand, Ericsson could not have done this with the local team alone. “Motivating and encouraging people and making sure that everybody sees the passion in making it happen was important, and was hugely supported. The whole company went behind it — from the CEO to the board — with lots of conversation, investment, and decisions that went in our favour,” she added.

This June, the International Telecommunication Union (ITU) approved India’s 6G network, naming it ‘IMT 2030’. The ITU 6G Framework has been formulated with collaborative efforts of member countries of the United Nations (UN).

Ericsson also launched its ‘India 6G’ programme in October with a dedicated research team at its R&D Centre in Chennai. This specialised India 6G Research team comprises experts in Radio, Networks, AI, and Cloud technologies.

Collaborating closely with Ericsson’s research teams in Sweden and the United States, the Indian team will focus on developing cutting-edge technology to establish a cyber-physical continuum.

Speaking on how the Ericsson employees are preparing themselves for this upcoming chapter, Anand said, “We understand that 5G to 6G will be an evolution of technology. We have to understand that technology will not get disrupted at the 5G level to reach the 6G level. It will only evolve. What we need is adoption, an open mindset, embracing technology and making sure that we are putting our best foot forward.”

Digitalised learning, skill labs, and practical experiences are key components of Ericsson’s learning ecosystem, according to Anand. She also highlighted the importance of investing in people to thrive in an ever-evolving technological landscape.

“To me, it is because we have gone through unprecedented growth that we have only doubled down our investment in upskilling our people. There is no other way for us to survive and thrive unless we are investing in our people and upskilling them at a very fast pace,” Anand said about the company’s commitment to continuous upskilling.

“There is a set of mandatory training which will fall under the kitty of compliance, ethical behaviour. They are inherent to our culture, to our DNA, to the way we call out our values and those that are expected out of people,” Anand clarified the company’s approach to employee learning.

Anand revealed that employees desire more opportunities for real-time experiences to complement their learnings. The company is committed to investing in next-generation talent through partnerships with universities, internships, and apprenticeships, ensuring a continuous influx of skilled professionals.

“Employees do not want to be in a situation where they are not given a choice. They should always be given choices, and this is what an employee prefers,” Anand noted regarding employee feedback on training initiatives.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

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KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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India Mobile Congress | 5G will reach every corner of the nation, says Ashwini Vaishnaw

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

India Mobile Congress | Union Minister Ashwini Vaishnaw expressed optimism about India’s digital future, highlighting 5G’s role, satellite tech, local manufacturing, and chip production efforts.

Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Friday, October 27, expressed optimism about the country’s digital future. Speaking to reporters during the open day of India Mobile Congress 2023, Vaishnaw said 5G has been a key driver in India’s digital transformation and expressed confidence that the new standard for wireless connectivity will “reach every corner of the nation”.

Vaishnaw also spoke about the crucial role that satellite communication technology will play in extending connectivity to remote and border areas. The integration of satellite communication will bridge the digital divide, ensuring that even the most isolated regions of the country have access to high-speed internet and digital services, the minister said.

Further, Vaishnaw said 98% of the mobile devices used in India are now manufactured locally, underscoring the government’s ‘Aatnmanirbhar Bharat’ (Self-reliant India) initiative. Vaishnaw further said India would soon see the local production of Gorilla Glass, a crucial component for mobile devices used to protect displays. He said this would bolster the nation’s position in the global mobile manufacturing industry.

Furthermore, the government’s focus is now directed towards attracting mobile phone component manufacturers to establish operations in India, the minister said, adding that the move aims to promote a robust ecosystem for the manufacturing of mobile devices and components within the country.

Through the Semiconductor India Mission, the country aims to become a global hub for chip manufacturing and Vaishnaw hinted at significant upcoming announcements regarding two to three semiconductor proposals, which he said could potentially lead to the establishment of semiconductor fabrication units in the country, reducing India’s reliance on imports.

Vaishnaw also lauded Vodafone Idea chairman Kumar Mangalam Birla’s commitment to deploying 5G technology soon. This commitment is a significant step towards the realisation of the government’s ambitious 5G plans, he said.

Follow live updates from India Mobile Congress 2023 here.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Storyboard18 | 5G is the core of digitalisation, says Ericsson

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The emergence of 5G technology and the stories of dynamic individuals like Shreyaan Dagga and the philosophy behind Walkers & Company underscore the transformative potential of innovation and individual spirit in shaping the future.

In the ever-evolving technological landscape, one innovation stands at the heart of the next big leap — fifth-generation wireless technology, or 5G. This game-changing technology promises speeds significantly faster than its predecessor, 4G, and boasts ultra-low latency. It’s not just an upgrade; it’s a full-scale revolution.

5G is poised to completely overhaul the customer experience, unlocking a myriad of possibilities for marketers. Beyond blazing speeds, it opens the floodgates to immersive technologies like virtual reality, augmented reality, and mixed reality.

In a recent interview with Storyboard18, Stella Medlicott, Senior Vice President, Chief Marketing Officer, and Head of Corporate Relations at Ericsson, delved into the transformative impact of 5G on advertising and marketing.

5G is the core of digitalisation and digitalisation takes on board all applications and things such as AI, which is driving so much change across society,” she emphasized.

Storyboard18 caught up with a remarkable young entrepreneur, Shreyaan Dagga, co-founder of the edtech startup OLL. His journey began at the tender age of 8, when he successfully sold one of his paintings. By the age of 15, he was interning at the stock exchange, and now, at just 19, he’s a seasoned entrepreneur. Notably, Shreyaan has even made an appearance on the popular show ‘Shark Tank’, securing investments and taking on a mentoring role at the student entrepreneurship initiative Skill Tank.

Storyboard18 provides an in-depth look at Shreyaan Dagga’s inspiring entrepreneurial journey and his involvement with the Skill Tank programme.

Continuing in the spirit of ‘keep walking’, inspired by Johnnie Walker, Walkers & Company has established a platform celebrating individuals driven by self-belief and a commitment to progress, both personally and for the world. Tasmayee Laha Roy sat down with Shweta Jain, chief business development officer at Diageo India, to explore what it takes to be a ‘Walker’.

“Walkers & Co platform is a community platform that is inspired by Johny Walker’s rallying cry to keep walking,” Shweta Jain affirmed, highlighting the platform’s focus on self-belief and progress.

For more details, watch the accompanying video

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Here’s why the TRAI Chairman is concerned about Vodafone Idea – Exclusive

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

The outgoing TRAI Chairman in his exit interview to CNBC-TV18’s Ashmit Kumar also expressed worry over Vodafone Idea’s eroding subscriber base.

PD Vaghela, the outgoing Chairman of the Telecom Regulatory Authority Of India (TRAI), in an exclusive interaction with CNBC-TV18 mentioned that he is concerned about the telecom operator not being able to roll out 5G services.

At the time of the launch of 5G services in October last year, Aditya Birla Group Chairperson Kumar Mangalam Birla had said that the company will be launching its 5G services soon. He reiterated that comment at an event in April this year.

However, Vodafone Idea has not shared a timeline for the launch yet.

The TRAI Chairman also expressed worry over Vodafone Idea’s eroding subscriber base. Vodafone Idea lost 2.3 million subscribers and 1.8 million active mobile users in May 2023. As a result, Vodafone idea’s active subscriber market share fell by 31 basis points.

The telecom operator recently made the payment of Rs 1,701 crore, including interest, to the Department of Telecom (DoT) with regard to the 2022 spectrum auction instalment.
Last month, the company said it proposed to pay the instalment of nearly Rs 1,680 crore to the DoT by availing a grace period of 30 days with interest. The company has managed to do so within a 30-day time period.
During the company’s quarterly earnings update last month, it stated that it received a communication from a promoter group entity that in the event of any fund requirement for meeting its impending payment obligations, it will provide direct or indirect financial support to the extent of Rs 2,000 crore.
Shares of Vodafone Idea have corrected from the day’s high and are currently trading 0.8 percent lower at Rs 12.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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Should Elon Musk be able to buy Twitter?

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Lava commits to full portfolio transition to 5G technology within one year, announces President Sunil Raina

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Sunil Raina, President & Business Head of Lava, noted that the company’s focus on the affordable segment, specifically in the price range of Rs 10,000 to Rs 15,000, was to bridge the digital divide and ensure that 5G connectivity is not limited to the elite but is available to all. The company also welcomed the government’s plan to impose import curbs on laptops, tablets, and personal computers.

Sunil Raina, President & Business Head of Lava has stated that the company plans to transition its entire portfolio to 5G technology within the next year.

He noted that Lava’s focus on the affordable segment, specifically in the price range of Rs 10,000 to Rs 15,000, was to bridge the digital divide and ensure that 5G connectivity is not limited to the elite but is available to all.

“The affordable segment of Rs 10,000-15,000 is something that Lava cracked first with the 5G offering because we want to make 5G accessible to the masses as early as possible. In the next year’s time, Lava’s entire portfolio will shift to 5G,” Raina said in an interview with CNBC-TV18.

The company also welcomed the government’s plan to impose import curbs on laptops, tablets, and personal computers.

On August 3, the government issued a notification imposing immediate restrictions on the import of laptops, tablets, and computers. However, on September 25, they announced a postponement in the enforcement of these restrictions.

Authorities now anticipate introducing the import limitations in late 2024, with a phased implementation plan set to be completed by November 25 of that year.

Lava’s vision for the future also extends to the role of the Indian government. Raina emphasised the need for the government to encourage innovation through research and development (R&D) activities.

Watch the video for the entire discussion.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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Jio AirFiber Launch: Reliance Jio’s wireless broadband service goes live with plans starting at Rs 599

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Jio AirFiber launch Highlights: Reliance Jio launched the Jio AirFiber today, September 19, on the occasion of Ganesh Chaturthi. Jio AirFiber is a fixed wireless broadband offering. Reliance Industries chairman Mukesh Ambani had announced the product and its launch date last month during the annual general meeting of Reliance Industries.  Reliance calls JioAirFiber a “wireless, simple, single-device solution”.

Jio AirFiber launch Highlights: Reliance Jio launched the Jio AirFiber today, September 19, on the occasion of Ganesh Chaturthi. Jio AirFiber is a fixed wireless broadband offering. Reliance Industries chairman Mukesh Ambani had announced the product and its launch date last month during the annual general meeting of Reliance Industries.  Reliance calls JioAirFiber a “wireless, simple, single-device solution”.

Check highlights of the Jio AirFiber launch here

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?