SATCOM THREAT
SSLV's first dedicated commercial launch to put Australia-built satellite into orbit in 2026
NSIL and Space Machines Company have announced that their newest rocket, the SSLV, will launch its first dedicated commercial launch with the Optimus satellite. The launch will set the stage for Space Machines Company's second Optimus spacecraft, the largest Australian-designed and built spacecraft to date. The mission, named Space MAITRI, will mark a significant milestone in the strategic partnership between Australia and India in the space domain, fostering closer ties between commercial, institutional, and government space organizations.
Airtel's $100b market capitalisation reflects a stable economy under a solid leader: Sunil Mittal
Sunil Bharti Mittal, Chairman of Bharti Enterprises, emphasized that Airtel's resurgence post the challenges posed by Reliance Jio's entry and the AGR ruling showcased India's stable economy and supportive policies under strong leadership. Reflecting on Airtel's path to the $100-billion milestone, Mittal highlighted the company's resilience amidst industry disruptions. He noted that Airtel's achievement as the first-generation Indian company to reach this milestone was significant, especially considering the competitive landscape.
Nalin Negi is new BharatPe CEO; Namma Yatri’s cabs play
Fintech firm BharatPe has elevated its interim CEO Nalin Negi as the company’s full-time chief executive officer. This and more in today's ETtech Top 5.
View: Usher in a new space race
Satellite spectrum, too, should be treated as a public utility, that too international by its very nature, connecting the unconnected to the world, fostering innovation and ushering in a new space race. GoI’s decision to recommend administrative spectrum for satellite communication in the Telecom Bill of 2023, passed in Lok Sabha last week, thus settles this long debate in this fractious sector and dials in a new era.
Vi hasn’t made much headway in clearing Indus Towers’ dues: Gopal Vittal, MD, Bharti Airtel
While talking to ET, Airtel MD Gopal Vittal said that there has not been “much headway” in getting Vodafone Idea to clear the dues owed to Indus Towers, and that it is a matter of “serious concern” for all shareholders. He also talked about 5G, AI, and satcom.
Satellite communication not a threat to telcos, says Bharti Airtel managing director Gopal Vittal
Bharti Airtel Managing Director Gopal Vittal stated that satellite communication, or satcom, is not a threat to telecom operators, as the services will be complementary, and pricing will remain at a premium to mobile. Vittal sees satellite services as an opportunity, especially for distributing services to remote locations, such as ships or airlines.
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Satcom won't be a threat to terrestrial telecom services: Government official
In the immediate term, the government will allocate spectrum without auctions to satellite players only for point-to-point connections and not for direct transmission of services to retail consumers, another person aware of the matter said. In the event satellite spectrum is used to provide access services (like mobile broadband), the allocation will be via auctions, the official clarified.
Space, new tech key challenges facing the telecom sector now, says TRAI Chairman
One challenge is with regard to space; space spectrum, how it should be allocated and how investors can be brought into the Indian space sector. The second challenge, which is important, is how do you handle the new technologies? What kind of ecosystem you prepare for technologies like AI, AR (augmented reality) and VR (virtual reality) and machine-to-machine communications.
Cognizant CEO Ravi Kumar on earnings, company’s vision & ChatGPT; Visa launches CVV-free online transactions
Ravi Kumar S, who took over as the chief of US-headquartered IT firm Cognizant four months ago, has termed the last quarter “historic” amid a cautious macro environment.
A classic merger without a single pink slip, says Indus Towers CEO Bimal Dayal on Bharti Infratel merger
Indus Towers is riding on strong tailwinds, with quite a few growth avenues in the coming future, CEO Bimal Dayal told ET’s Subhrojit Mallick. He said that all the private and publicly-owned telcos are talking about 5G, and they are also catching up with each other in different circles.
Why analysts say OneWeb and Musk's SpaceX Technologies will face tough test in India
CLSA said a combination of “the world’s lowest telco average revenue per user (ARPU) at $2 (Rs 150 approx) and the lowest mobile data rates at $0.1 per GB in India vs $1.4-$8 in the UK/US will make it a challenge for operators of global satellite constellations (read: OneWeb and SpaceX) to target incremental broadband subscribers in the country”.
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