Govt allocates ₹14,200 cr for telecom infra roll out

The Indian government on Monday allocated Rs.14,200 crore for telecom infrastructure that entails completion of optical fibre cable-based network for defence services, rolling out broadband in 2.2 lakh panchayats and improving mobile services in the North East.

As part of annual budgetary support, the government had approved Rs. 24,664 crore for an advanced communications network for defence services in lieu of their vacating spectrum for mobile telephony in May 2018. The project was to be completed within 24 months, PTI reported.

The Finance Ministry has earmarked an outlay of Rs. 5,200 crore to rollout the entire optical fibre cable required for setting up the defence communications network

A provision has been made to install 600 mobile towers for 4G services in Arunachal Pradesh and two districts of Assam and another 600 mobile towers for 4G in Meghalaya.

It is expected that these initiatives will give a push to PM Modi’s dream of Digital India.

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“This initiative will empower subscribers to pay online and subscribe to the channels they want to watch and get it activated on their TV sets in real-time without any delay. Without needing to undertake any software development, LMOs can approach Mobiezy for their pre-built and pre-integrated solution that uses NXTDigital’s news APIs and can be up and running with their own mobile apps within just a few days.”

RU Ediriwira, Group CTO, NXTDigital Limited

“With the launch of Partnership for Growth 3.0 we intend to expand our network with 40 new NXTHUBs, each offering up to 650 live TV channels and broadband. Our efforts are focused on harnessing the convergence of technologies, developing robust apps and creating new business models that will help the overall ecosystem, delivering the best experience to our subscribers. We hope to achieve a stronger foothold in the rural regions of the country and grow our subscriber base.”

N.K. Rouse, COO, NXT Digital Ltd

“One of the key principles of the Hinduja Group is ‘Partnership for Growth’. After 2.0 saw the launch of HITS to connect LMOs in even the most remote locations through the only satellite-based cable TV platform in India; 3.0 focuses not just on strengthening the overall ecosystem we have built, but harnessing the convergence of technologies – to be delivered through a national network of NXTHUBs. Video and broadband are only the beginning of the digital highway of services that we have developed for roll-out backed by a robust suite of innovative apps developed by service providers exclusively for our LMOs and subscribers.”

Vynsley Fernandes, MD & CEO, NXTDigital Limited

“Wireline broadband is becoming ever more important not only in connecting homes across the country but also small to large enterprises-to the digital economy. The NXTHUBs will be the perfect point-of-presence to offer broadband services to cater to these consumer needs.”

Yugal Kishore Sharma CEO, ONEOTT Intertainment Limited

Amazing and grim battle for survival. Guess it will end up in Supreme Court. All that NCLT asked Zee to do was to file a reply to Invesco petition for a EGM. Now this is getting too serious. So far Invesco has been hammered for demanding an EGM. What is Zee upto? Ofcourse my lawyer community knows better!