DoT to Defer 5G Sale, Will Auction Only 4G in 2020

wirecableMay 13, 2020

May 13, 2020

Digital Communications Commission, DoT’s highest decision-making body, has recently discussed auctions. While Reliance Jio hasn’t publicly backed a move to delay 5G auctions, all three operators have said the base price, Rs 492 crore a unit, was too high and wouldn’t attract bids. May 13, 2020 As reported in a......

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L-com Expands Fiber Product Offering With New Bulk Fiber Cables

wirecableMay 13, 2020May 13, 2020

May 13, 2020May 13, 2020

The company has launched new products in its stock of bulk fiber cable line. May 7, 2020 The US-based L-com has expanded its in stock offering of bulk fiber cable and fiber connectors to address high speed voice, video and data networking applications. L-com’s new bulk fiber cable line consists......

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STL Records Highest Ever Revenue at INR 5154 crore, Strengthens Mid-To-Long Term Outlook

wirecableMay 13, 2020

May 13, 2020

All the industries around the globe witnessed uncertainty and sluggish growth, however, STL continued to perform and grow its revenue by delivering end-to-end data network solutions. May 12, 2020 Sterlite Technologies has announced the consolidated financial results for its fourth quarter and financial year ending March 31, 2020. The Company......

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Anil Ambani Puts up Delhi Power Distribution Businesses for Sale

wirecableMay 13, 2020May 13, 2020

May 13, 2020May 13, 2020

Reliance Infrastructure has hired KPMG to find buyers for its 51% stake each in BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL), the people said on condition of anonymity. May 12, 2020 At least eight investors, including Caisse de dépôt et placement du Québec (CDPQ), Actis LLP......

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Tramev Restarts the Engines

wirecableMay 12, 2020May 12, 2020

May 12, 2020May 12, 2020

The COVID-19 pandemic has severely affected all industrial sectors and in particular the steel sector across the world, forcing the industries to shut down. May 4, 2020 The Italy-based manufacturer of wire and cable shears, drawing lines, unwanders and supplier of machines for wire industry – Tramev has resumed the......

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Google to Build USD 400 Million Blue-Raman Subsea Cable Connecting India, Israel and Italy

wirecableMay 12, 2020

May 12, 2020

As reported in a leading daily, the cable is split into two parts not due to any technical reason, but for a geopolitical one: To ensure that the cable going through Israel and the cable going through Saudi Arabia are not the same. April 15, 2020 Google is planning a......

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ADNOC Launches Tender for Subsea Power Grid to Cut Costs and Replace Gas

wirecableMay 12, 2020May 12, 2020

May 12, 2020May 12, 2020

The UAE wants to free up gas used in power generation for other industrial uses. The UAE, where currently power is mostly generated from gas, wants to produce 44% of its power from clean energy by 2050. April 27, 2020 Abu Dhabi National Oil Co, the UAE’s biggest energy producer,......

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BSNL Floats Tender Seeking Vendors to Build 4G Network With INR 11000 Crore Capex

wirecableMay 12, 2020

May 12, 2020

The ailing BSNL has floated a tender seeking vendors to build 4G network across the country with a Capex of around INR 11000 crore. April 12, 2020 BSNL has come out with a tender for deploying 50,000 new 4G sites in north, east, west and south zones of India and......

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Telecom Sector Enabling 35 Percent of India’s GDP in COVID-19 Times

wirecableMay 12, 2020May 12, 2020

May 12, 2020May 12, 2020

The new normal will see increase in enablement through telecom as the sector braved the conditions to keep the networks up and implement necessary changes on-the-go to augment capacities due to unprecedented increase in the demand for digital services enabled by telecommunications. May 3, 2020 As the telecom players ensured......

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REC Board Approves Incorporation of 7 SPVs to Facilitate Evacuation of Renewable Energy

wirecableMay 11, 2020May 11, 2020

May 11, 2020May 11, 2020

RECTPCL auctions these transmission projects and hands over the incorporated entities to successful bidders for development and operation. April 9, 2020 State-owned shadow banking firm REC Ltd board has approved a proposal to incorporate seven power transmission projects which would facilitate evacuation of renewable energy. These projects will evacuate clean......