Chinese telecoms giant Huawei says it will continue to invest in the United States despite recent setbacks in its efforts to boost sales.
"We are keen to collaborate with other nations that are engaged in this endeavour, so we are a leader not a follower in assessment of 5G technology," he said.
The Department of Telecom has started harmonising spectrum in 3,500 megahertz band and 26 Gigahertz band along with E and V band, she said.
Ericsson unveiled at MWC a report that lays out a roadmap for operators to unlock the revenue potential of 5G-enabled industry digitalisation.
BSNL and Japan's NTT AT along with their Indian partner Virgo Corps have signed agreement to collaborate in futuristic technologies.
"By June this year, I hope we will be able to unveil India's 5G roadmap," Telecom Secretary Aruna Sundararajan said.
Mobile technology major Ericsson demonstrated the new technology, delivering a speed of 5.7 gigabytes per second.
Ericsson said it has partnered with Bharti Airtel for 5G technology for the telecom giant's India operations.
Nokia will trial its 5G technology in South Africa in collaboration with Vodacom Group, the firms said as they seek to provide faster data delivery.
Ericsson said it is in advance talks with some leading telecom operators in India over 5G technology and expect to sign MoU with them within 6 months.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months