Tag: 5g

Govt to auction 5G spectrum (total of 72097.85 MHz ) for 20 years

Wednesday, June 15, 2022
The Union Cabinet yesterday (14 June 2022) cleared the auction for 5G airwaves paving the way for the auction and commercial launch of next-generation telecom services this year. The cabinet in its meeting on Tuesday approved the Department of Telecom's proposal for the auction of 72 GHz of spectrum for a 20-year-period. It also decided to “enable the development and setting up of private captive networks to spur a new wave of innovations in industry 4.0 applications". “A total of 72097.85 MHz of spectrum with a validity period of 20 years will be put to auction to be held by the end of July 2022. The auction will be held for spectrum in various bands (600 MHz, 700 MHz, 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz), Mid (3300 MHz), and High (26 GHz) frequency bands,” the government said in a press release today (15 June 2022). Read more

L&T Technology Services share price hits 52-week high on tie-up with NVIDIA & Mavenir

Wednesday, November 17, 2021
L&T Technology Services Limited announced that it has been selected as an engineering partner by Mavenir and NVIDIA, to accelerate the adoption of the industry’s first converged AI-on-5G. Shares of the engineering services company L&T Technology Services Ltd surged almost 6% to Rs 5,682 a piece on Wednesday, touching its 52-week high value. The company will support Mavenir with customization, integration, and deployment of AI applications for deployment on NVIDIA’s AI-on-5G Platform. AI is already transforming many industries across the globe. When combined with the power of 5G networks, the two technologies will enable powerful new use cases in a quick, secure, and cost-effective manner.NVIDIA’s AI-on-5G platform is a unified platform that brings together developments at the edge to accelerate the digital transformation of enterprises across all industries. Read more

Reliance Jio to launch 5G services in India in 2021

Tuesday, December 8, 2020
Shares of Reliance Industries advanced nearly 3 per cent to Rs 2,014 on the BSE in the intra-day deals on Tuesday after the chairman Mukesh Ambani said during his keynote presentation at India Mobile Congress 2020 that the company plans to launch 5G services in the second half of 2021. Jio’s 5G service will be powered by indigenous-developed network, hardware and technology components, Ambani added. At the same time, Ambani urged the government to take policy steps “to accelerate the early rollout of 5G, and to make it affordable and available everywhere.” Ambani, at RIL’s 43rd annual general meeting in July, had said, “Jio has developed a complete 5G solution from scratch. This will enable us to launch a world-class 5G service in India using a 100% homegrown technology and solution".Jio has been working with companies like Samsung and Qualcomm to bring 5G to India. Read more