All India articles – Page 7
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InnovationUAE lab provides blueprint for BT’s university partnerships
BT using success of EBTIC collaboration to inform university partnerships in Ireland and India, building ties with local academics to support Adastral Park R&D. BT- and Khalifa University-backed EBTIC showcases collaborative innovation projects as partnership enters “Phase 3”.
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OperationsDT outlines ‘digital experts’ upskill target
2021 Annual Report sets 17% digital workforce target within three years. Places emphasis on in-house digital upskilling; recruiting outside digital talent seen as “challenging”. Overall FTE headcount drops 4% year-on-year, but Group still manages to hire more than 8,000 employees outside the USA with focus on IT and technical ...
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Strategy & ChangeDT prepared to scale back Russian hub amid crisis
DT has thousands of employees in Russia. CEO indicates the Group could shift staff and operations away from St. Petersburg software development function, in response to Ukrainian crisis. Tasks could be shifted to other digital hubs in India or eastern Europe. Crisis brings centre’s expansion plans to an ...
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Public AffairsSwiss court orders DT to seize $12.7m in assets
Ruling says funds due to Airport Authority of India. Convoluted case sees Deutsche Telekom caught in the crossfire as a result of minority stake in Devas Multimedia. Long-running legal disputes date back 17 years.
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Financial & PerformanceVi reports further losses as government takeover looms
Net loss grows 60% year-on-year, with revenue down 10.7%. Earnings report comes amid expectation that Indian government will take majority stake in struggling JV. Absence of annual profit since launch of Reliance Jio in 2016.
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OperationsT-Systems reboots India growth plan
DT’s enterprise division re-commits to plan to hire thousands of new tech staff. Local digital boss Anant Padmanabhan promoted to lead services unit T-Systems ICT India. India back in vogue for DT’s management as it seeks fresh talent for digital transformation.
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PremiumVi flags VoLTE help from Anritsu
Supplier’s cloud-native software provides QoE KPIs and recommends best actions to resolve issues impacting customers. OpCo in process of expanding reach of Anritsu monitoring platform from 20 million VoLTE subscribers to 58 million.
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PremiumVi overhauls national backbone
New 300G/400G network being launched, with assistance from Ciena.
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OperationsVi selling majority stake to Indian government in bid to stay afloat
The state is set to receive a 35.8% stake in Vodafone Idea. Share prices drop around 20% in the wake of the news. Stake will be exchanged for easing of the struggling JV’s considerable debt. Government “do not want to run company”, insists Vi CEO
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OperationsBT’s Mehta keen on ‘massive’ Indian expansion
Chief Digital and Innovation Officer wants to make “full use” of digital skills in the country. Outlines “very, very different” challenges compared to UK marketplace. Wider digital transformation “almost like creating a new BT”.
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Financial & PerformanceVodafone close to settling €2.4bn tax dispute with India
Group offers New Delhi a deal after retrospective tax legislation scrapped. Dispute harks back to Vodafone acquisition of Hutchison Essar in 2007. Indian stand-off has long cast a shadow over Group finances, despite recent legal victories.
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PremiumVi goes 5G network slicing with Nokia
Trial in Gandhinagar purportedly enables high-resolution VR content. TRAI sets deadlines for consultation process with “stakeholders” on auction rules for delayed 5G spectrum auction.
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PremiumIndia 5G auction delayed as Vi showcases prospects
5G-friendly spectrum auction pushed back amid pricing and structure consultations. Vi CEO Takkar outlines ambition to be Digital India frontrunner as government lays out digitalisation ambition. Several pilot projects showcased with partners including Athonet, L&T, and local startups. Ericsson picks up P1; Nokia trailing.
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M&AReliance denies interest in acquiring BT stake
BT share price jumps on report that Indian conglomerate eyeing a move for UK incumbent. Reliance quick to dismiss the article as “completely speculative and baseless”, but City still excited.
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PremiumElsewhere in BT Consumer: Plusnet issues persist
More cricket on the schedule; Smart Benefits portfolio bolstered; and Plusnet email issues persist.
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Venturing & InvestmentsVi can live long and prosper, insists CEO
Takkar welcomes government four-year moratorium on AGR dues and spectrum fees. Confident that relief package paves way for private investment. Vodafone rules out (again) cash injection into JV. Floor pricing issue still to be resolved.
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M&ADeutsche Telekom sees Dutch exit door loosen — report
India’s Reliance Industries reportedly set to make €4.8bn non-binding offer for T-Mobile Netherlands. Several top foreign banks apparently formed syndicate to fund the takeover. Akash Ambani said to be personally managing the T-Mobile transaction.
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Strategy & ChangeBT reviewing Indian tech ops, may insource from partners
Taking a relook at level of work outsourced to third-party providers such as Tata Consultancy Services and Tech Mahindra. Insourcing would “strengthen” role of BT’s Bangalore-based services operation, increase self-reliance.
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Financial & PerformanceVi AGR appeal torpedoed; Birla seeks to jump ship
Vi challenges Supreme Court decision to stick with DoT’s AGR liability calculation. Vodafone’s junior partner Kumar Mangalam Birla resigns as Vi Chairman shortly after India’s top court sides with DoT. Vi CEO Takkar claims private investors are more put off by India’s floor pricing than AGR dispute.
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Financial & PerformanceVodafone, ABG keep funding taps closed for beleaguered Indian JV
Vi shareholders wash their hands of JV’s plight. Insist that private investment is the only way for Vi to remain going concern. Vi CEO Ravinder Takkar claims private investors are more put off by India’s floor pricing than AGR dispute.