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India's top telcos submit low earnest money deposits (EMDs) for the upcoming 5G spectrum auction, marking the lowest since 2014. Analysts suggest selective bidding, foreseeing maximum spectrum demand of $2.5 billion, far below previous auctions. Reliance Jio leads EMDs; Airtel and Vi likely focus on renewals and selective bidding for 5G rollout.
The 30-share BSE Sensex pack rallied 1,279 points to hit an all-time high of 75,500, while the broader NSE Nifty index moved over 396 points to trade at a fresh record peak of 22,994.
Airtel Africa's subsidiary, Bharti Airtel International (Netherlands) B.V., has successfully completed a $550 million bond repayment, due this month, aiming to reduce foreign currency debt. The company's notice to the Nigerian Exchange Limited, disclosed that the repayment was fully funded from cash reserves at the holding company (HoldCo), continuing its…
At the event Poco unveiled three variants of Poco F6 priced at Rs 25,999 with 8 GB RAM and 256 GB ROM storage for files, photos etc, Rs 27,999 for 12 GB RAM and 256 GB ROM variant, and Rs 29,999 for the model with 12 GB RAM and 512 GB ROM.
Senior Ericsson executive speaks about the long road to 5G monetization, opportunities in the Indian market as well as telcos' growing interest in GenAI.