Market

India mobile sector to create USD217 bn value by 2020

October 4, 2017
India mobile sector to create USD217 bn value by 2020

Indian mobile industry is expected to create economic value of about USD 217 billion and create 5 million jobs by 2020, telecom minister Manoj Sinha said, reported PTI. “The Indian mobile industry is expected to create a total economic value of Rs 14 trillion, about USD 217.37 billion, by the year 2020. It would generate […]

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IoT & Cloud Innovation Awards 2017

October 4, 2017
IoT & Cloud Innovation Awards 2017

The winners of the IoT, Cloud & Cybersecurity Innovation Awards 2017 were announced at the NetEvents Global Press & Analyst Summit in San Jose, California, USA. These prestigious awards celebrate the year’s most significantly innovative start-ups and established companies in the fast-growing Internet of Things (IoT), Cloud/Datacenter and Cybersecurity arenas. Six company categories were awarded […]

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Darktrace Named ‘Innovation Leader’ in Cyber Security

October 4, 2017
Darktrace Named ‘Innovation Leader’ in Cyber Security

Darktrace, the world leader in AI technology for cyber defense, has today announced that it was named ‘Innovation Leader’ in cyber security last night at NetEvents’ prestigious IoT and Cloud Innovation Awards. The IoT and Cloud Innovation Awards recognize the most innovative companies in the fields of cyber security, cloud, the Internet of Things, and […]

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Access Softek mobile banking platform integrates Ondot card control

October 3, 2017
Access Softek mobile banking platform integrates Ondot card control

Ondot Systems, the leading provider of mobile-based card services platforms, has integrated its solution with Access Softek to deliver a unified mobile banking and card control experience to financial institutions. Ondot’s and Access Softek’s mobile banking and card services platform provides users with a unified application that can control all card settings with just a […]

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India’s telephone subscribers number shrinks marginally

September 17, 2017
India’s telephone subscribers number shrinks marginally

The number of telephone subscribers in India declined slightly from 1,210.84 million at the end of June 2017 to 1,210.71 million at the end of July, thereby showing a monthly marginal degrowth rate of 0.01 per cent, official data showed here on Wednesday. The urban subscription increased from 700.96 million at the end of June […]

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Telecom Secretary Says India Will Create 25 Million Jobs

September 17, 2017
Telecom Secretary Says India Will Create 25 Million Jobs

Allaying fears of telecom captains, including Reliance Communications Chairman Anil Ambani, IT and Telecom Secretary Aruna Sundararajan today said in the next seven years, more than 25 million jobs could be created in digital infrastructure space. “If Internet of Things alone can create 10-15 million jobs, the digital infrastructure space will create more than 25 […]

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India’s Telecom User Base Rises 0.5% To Cross 121 Crore

August 29, 2017
India’s Telecom User Base Rises 0.5% To Cross 121 Crore

India’s telecom subscriber base grew about half a percent to cross 121 crore as of June-end, with the mobile segment accounting for the lion’s share of growth, reports BloombergQuint. Broadband subscriber base, dominated by mobile users, topped 30 crore from 29.16 crore in May. Only Reliance Jio, Bharti Airtel, BSNL, Vodafone and Idea Cellular were […]

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India adds 6 mln cellphone users in June

August 29, 2017
India adds 6 mln cellphone users in June

India’s mobile phone customer base in June rose 0.51 percent, or a net 6 million, to reach 1.19 billion, Reuters reported quoting TRAI. “The number of telephone subscribers in India increased from 1,194.58 million at the end of March 2017 to 1,198.89 million at the end of April 2017, thereby showing a monthly growth rate […]

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Telecom sector to create 3 million jobs by next year

August 29, 2017
Telecom sector to create 3 million jobs by next year

The telecom sector could generate 30 lakh jobs by 2018 on the back of rapid 4G technology deployments, rising data consumption, use of digital wallets and smartphone adoption, Money Control reported citing an ASSOCHAM-KPMG study. The optimistic job assessment comes at a time when telecom companies are battling financial stress and competition has led to […]

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