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Spectrum auction: Govt may rake in over Rs 1 lakh crore

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By Newsgram Staff Writer

Government has got commitments of Rs 86,000 crore from telecom players at the end of fourth day of spectrum auction crossing the targeted minimum amount of Rs 82,000 crore from the ongoing sale of 2G and 3G airwaves. The auction will resume on Monday morning as there is still unsold spectrum left.

The government may rake in above Rs 1 lakh crore from spectrum sale if bidding continues at strong pace.

“The bidding has taken place in all bands. At present, a value of approximately Rs 86,000 crore has been committed by bidders in respect of provisionally won spectrum. Bidding would recommence on Monday,” the Department of Telecom said. In four days, 24 rounds of bidding have taken place and at the end of 17 rounds yesterday, the value stood at Rs 77,000 crore.

However, the government will not release results of the auction because of a court ruling. In 800 Mhz band, four new areas of Delhi, Gujarat, Punjab and West Bengal witnessed activity today whereas 1,800 Mhz band, North-East and Rajasthan circles saw new bids. Incumbents Bharti Airtel and Vodafone are locked with Reliance to protect their spectrum .

The auction is the biggest ever sale of 2G and 3G airwaves where government is selling spectrum in four bands: 2,100 megahertz (Mhz), 1,800 MHz, 900 MHz and 800 MHz. On the fourth day, strong bidding was witnessed in all the bands and Karnataka also witnessed bidding for the first time in the 2,100 MHz band. However, there was no bidding in Mumbai, Delhi and Andhra Pradesh in 2100 MHz band.

A total of 380.75 MHz of spectrum is on offer in the premium 900 MHz band, 1,800 MHz and 800 MHz while 5 MHz is up for bidding in the 2,100 MHz band across 17 out of 22 telecom areas or circles in the country. Most of the spectrum put up for auction is presently held by Airtel, Vodafone, Idea Cellular and Reliance Telecom. Their licences are expiring in 2015-16.Mobile licences for nine circles of Idea Cellular, six circles of Airtel and seven circles each of Vodafone and Reliance Telecom are coming up for renewal.

Overall, there are 29 licences in 18 service areas which will expire in 2015-16. These licences hold 184 MHz spectrum in the 900 MHz band and 34.2 MHz in 1,800 MHz band. It is mandatory for these companies to bid for spectrum if they have to continue offering mobile and other telecom services as their permit is expiring. The government had raked in Rs 62,162 crore from the last spectrum auction held in February 2014.

 

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Punjab government signed an MoU with Reliance Jio to provide free Wi-Fi facility in all Technical Institutes

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Chandigarh, May 18, 2017: The Punjab government on Thursday signed an MoU with Reliance Jio to provide free Wi-Fi facility in all state-run engineering colleges, industrial training institutes and polytechnics, a minister said.

The step will help provide free Internet to students of these institutions for their academics and also encourage cashless transactions and digitalisation, Technical Education Minister Charanjit Singh Channi said.

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He said Reliance Jio will set up the infrastructure for the purpose, bearing the cost of equipment and electricity required for Wi-Fi functioning.

The company will block all objectionable websites as per the Centre’s directions.

The principals of the institutions concerned have been directed to provide suitable space and security for the proposed Wi-Fi service and relevant network equipment required. (IANS)

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World’s leading Internet TV network? Netflix signs strategic partnerships with Airtel, Videocon d2h and Vodafone

Under the agreement, Bharti Airtel will integrate the Netflix app into its direct-to-home service throughout the country

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New Delhi, March 6, 2017: Global video streaming service Netflix on Monday announced strategic partnerships with Airtel, Videocon d2h and Vodafone — making it the world’s leading Internet TV network.

With these partnerships, Netflix’s critically-acclaimed programmes like ‘House of Cards’ and ‘Narcos and The Crown’ will be easily accessible to consumers across direct-to-home and mobile platforms throughout the country.

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“India is one of the most important and vibrant countries in the world and we are delighted to be teaming up with three of its leading companies to make it much easier for consumers to enjoy Netflix,” Reed Hastings, Co-founder and CEO of Netflix, told reporters here.

“In the months and years to come, we look forward to bringing our Indian members more compelling stories from all over the world, an ever-improving viewing experience and incredible joy,” Hastings added.

Under the agreement, Bharti Airtel will integrate the Netflix app into its direct-to-home service throughout the country.

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“Airtel has been a pioneer in bringing the best of global content and products to its customers. We are delighted to partner Netflix to bring their popular content to our customer on one of our key digital platforms,” said Gopal Vittal, managing director and CEO (India & South Asia), Bharti Airtel.

Netflix will also be integrated into the Videocon d2h set-top box, allowing viewers to instantly access Netflix by clicking a dedicated Netflix button on the remote control.

“We are delighted to have Netflix as a partner on our HD Smart Connect STB. This partnership strengthens our DNA of innovation by providing an instant TV screen experience for Netflix users in a seamless manner,” added Saurabh Dhoot, Executive Chairman, Videocon d2h.

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In the mobile space, Netflix will partner with Vodafone on pre-paid programmes and will enable payment integration, allowing Vodafone customers in India to pay for their Netflix subscriptions via their monthly bill.

“We are proud to be the first mobile partner of Netflix in India and look forward to offering its rich content to further delight our millions of customers”, said Sandeep Kataria, director commercial, Vodafone India.

Netflix launched its service globally in January 2016, including India.

“In 2017, we’ll be working on making our Indian service better in every dimension,” said Hastings.

“Working with some of India’s top artists, we cannot wait to bring more locally-produced series and films to our more than 93 million members households around the world,” he told reporters. (IANS)

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Reliance to launch Jio-Money Merchant Solutions app to enable digital transactions, especially among small Merchants

Using the JioMoney Merchant App, merchants can also make supplier payments, transfer money between his bank account and use digital petty cash

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Reliance Jio Prime
Reliance Jio Prime Benefits are introduced with Triple Cashback offer. Wikimedia.

Mumbai, Dec 1, 2016: To enable digital transactions, especially among small merchants, Reliance Industries on Thursday announced it was launching next week its Jio-Money Merchant Solutions.

“To enable digital transactions, merchants, especially small merchants, are an important component of our economy. To fuel their transactions, Jio is working to empower Indian merchants by building a digital retail ecosystem, which we are calling Jio-Money Merchant Solutions,” said Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, in an address to stakeholders at RIL’s Navi Mumbai office.

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“Starting December 5, every merchant can download the Jio-Money Merchant Application,” he added.

Ambani said this will enable digital transactions of all types, whether they be at mandis, small shops, restaurants, railway ticket counters, for bus and mass transit and even for person-to-person money transfers.

“Customers can use their JioMoney wallets to pay merchants from their bank accounts, and merchants can use the Jio-Money Merchant App to accept these payments directly into their bank accounts,” he said.

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Using the JioMoney Merchant App, merchants can also make supplier payments, transfer money between his bank account and use digital petty cash.

“JioMoney is focused on signing up over 10 million small merchant retailers in the coming weeks across 17,000 towns and four lakh villages. With this, the JioMoney ecosystem will be a committed and enthusiastic partner for the smooth implementation of our Prime Minister’s game-changing vision of creating a digitally-enabled and strong Indian economy,” Ambani said. (IANS)