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Telecom industry hiring seen growing 20% in H2

CFO News

“Both Airtel and Jio have set themselves deadlines to achieve significant 5G coverage in the country, and we are seeing increased hiring activity on the back of it,” RP Yadav, founder and chairman of Genius Consultants, said.

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Fall 2021 | M&A Report In The Technology, Media and Telecom Industry Sector

Corporate Finance Associates

The report below gives a good overview of the Fall 2021 M&A activity in the Technology Industry Sector. The technology, media, and telecommunications industry is rapidly evolving, due to increased investor interest. This industry has significant potential for growth due to large capital inflows. Posted by Dan Vermeire.

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Telecom industry to grow by $12.5 bln every 3 years on 5G, related innovations: Deloitte India-CII

CFO News

By 2026, there are likely to be one billion smartphone users in India. In contrast with the urban sector, which is expected to grow at a CAGR of 2.5 percent from 2021 to 2026, the rural sector is expected to drive this growth at a CAGR of six percent.

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Telecom industry aiming to hire staff laid off by Big Tech firms

CFO News

Companies like Meta, Amazon, Twitter, Microsoft and Stripe among many others have laid off employees and rationalised their employee base. As per estimates by TeamLease, over 62,000 employees have received the pink slip in 2022, including layoffs announced by Amazon over the past week.

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Hero MotoCorp appoints DLF's exec Vivek Anand as new CFO

CFO News

Hero MotoCorp appoints Vivek Anand as CFO, effective March 1, 2024, succeeding Niranjan Gupta, promoted to CEO, with extensive industry experience from DLF across FMCG, Telecom, and Real Estate.

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5G spectrum auctions, design-led manufacturing scheme on the cards

CFO News Room

The telecom equipment PLI has an outlay of Rs 12,195 crore, but since Rs 4,000 crore-Rs 4,500 crore is not utilised, it can be used for 5G. The government will be conducting spectrum auctions this year to enable the launch of 5G services by private telecom operators within the current fiscal. in FY22-23. in FY22-23.

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Data centre companies seek clarity on dark fibre for captive networks

CFO News

Under the current regime, unified licence holders with access service authorisation (telecom operators) and virtual network operator licence holders can provide leased bandwidth or point-to-point connectivity to enterprises.

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