The Indian government has reportedly expanded its ownership stake in Vodafone Idea from 22.6% to 48.99% by converting around INR369.5 billion (US$4.3 billion) of the telco’s spectrum payment dues into equity shares.
A number of Indian press reports have suggested that state-owned operator BSNL has installed 3,500 4G-capable base transceiver stations (BTSs) in five north Indian states, including Punjab, Haryana, Himachal Pradesh, Uttarakhand and Uttar Pradesh West.
Mobile broadband service revenue in the Asia-Pacific region is expected to grow at a compound annual growth rate (CAGR) of 5.2%, from US$229.6 billion in 2024 to US$296.2 billion over the next four years, driven by the availability and adoption of 5G s…