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Telcos made Rs 10,000 cr extra capex in 2022-23 to support large apps: COAI

Telecom operators spent Rs 10,000 crore in 2022-23 to support traffic from large apps. COAI estimates the government lost Rs 800 crore in revenue. Operators demand contributions from Netflix, WhatsApp, Instagram, X for network infrastructure costs. India crossed the 100 crore subscriber mark in mid-2015 and in last 8.5 years it has added only around 19 crore connections. ....

New Delhi , Mike Crapo , Markwayne Mullin , Mark Kelly , Communications Commission , Cellular Operators Association Of India , Us Congress , Operators Association , Director General , Federal Communications Commission , Telecom Operators , Large Traffic Generator Apps , Cloud Computing , Social Media , Infrastructure Support , Additional Capex , Revenue Growth , Fair Share Norms ,

Cloud Stocks: Big Blue Climbs to 10-Year High on AI Potential

IBM (NYSE: IBM) recently announced strong results for its fourth-quarter that sent the stock climbing 7% in the after-hours trading session. IBM's Financials Revenues for the quarter grew 4% to $17.4 billion, surpassing Street's estimates of $17.3 billion. Adjusted earnings of $3.87 per share were significantly ahead of the analyst estimates of $3.79. By segment, revenues from Software that includes Hybrid Platform & Solutions and Transaction Processing grew 3% to $7.5 billion, falling short of the market's forecast of $7.67 billion. Revenue from Consulting including Business Transformation, Technology Consulting, and Application Operations grew 6% to $5 billion, again missing the market's estimated $5.1 billion. Revenue from Infrastructure including Hybrid Infrastructure and Infrastructure Support fell 3% to $4.6 billion, ahead of the Street's forecast of $4.3 billion. Financing revenues grew 2% to $0.2 billion. IBM's annual reveunue grew 2% to $61. ....

Technology Consulting , Platform Solutions , Software Ag Super , Hybrid Platform , Transaction Processing , Business Transformation , Application Operations , Hybrid Infrastructure , Infrastructure Support , Silver Lake , Nyse Ibm , Technology Stocks ,

IBM Posts Strong Financial Performance in Q4 2023, Expects Growth in AI-Centric Roles

IBM Posts Strong Financial Performance in Q4 2023, Expects Growth in AI-Centric Roles
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Arvind Krishna , Platform Solutions , Technology Consulting , Red Hat , Chief Executive Officer , Hybrid Platform , Application Operations , Distributed Infrastructure , Infrastructure Support ,