Latest news with #5G
Time of India
3 hours ago
- Business
- Time of India
Mobile services revenue to grow at 5.4% CAGR to $39.3 bn by 2029
The continued rise in service penetration, especially in rural and underserved markets, and growth in the 5G-led mobile data services segment is set to boost India's mobile services revenue to a compound annual growth rate (CAGR) of 5.4% to $39.3 billion in 2029 from $30.2 billion in 2023 boosted by, a report said. However, mobile voice service revenue is set to fall 2.5% annually due to the growing consumer preference for internet-based communication services and bundling of free voice minutes with mobile service plans, analytics firm GlobalData said. It added that this would lead to a drop in the voice average revenue per user (ARPU) levels. But mobile data services will offset that drop and help total mobile services market to maintain strong growth till 2029, GlobalData said. Mobile data service revenue is expected to rise at 9.3% CAGR between 2024 and 2029, driven by growing availability of 4G and 5G networks across the country, and increasing consumption of mobile data as adoption of higher-ARPU yielding 5G data plans increase. "The average monthly data usage over mobile networks is forecast to increase from 23.9GB in 2024 to 51.5GB in 2029, driven by the growing consumption of online video and social media content over smartphones on the back of data-centric packages offered by telcos," said Hrushikesh Mahananda, a telecom research analyst at GlobalData. The firm said that while 4G will remain the leading mobile technology in terms of subscriptions till 2026, 5G subscriptions will surpass 4G to account for 67% share of the total mobile subscriptions in 2029, driven by ongoing 5G expansions. The surge in 5G subscriptions will also be helped by increasing demand and wider availability of 5G-enabled smartphones and promotional 5G plans with value-added benefits.
CNA
5 hours ago
- Business
- CNA
Trump wants EchoStar, FCC to reach 'amicable' deal over wireless licenses, company says
WASHINGTON :President Donald Trump prodded Dish TV parent EchoStar Corp and Federal Communications Commission Chair Brendan Carr earlier this month to reach an amicable deal over the fate of the company's wireless spectrum licenses, the company said in a filing on Friday. In May, the FCC told EchoStar it was investigating the company's compliance obligations to provide 5G service in the United States, questioning EchoStar's buildout extension and mobile-satellite service. Bloomberg News first reported that Trump met on June 12 with EchoStar Chair Charlie Ergen and later called Carr to take part in the meeting. EchoStar has been trying to shield its cache of wireless spectrum licenses from the threat of revocation by the FCC. The White House did not immediately respond to a Reuters request for comment on Friday and had previously declined to confirm the meeting took place. Carr did not immediately comment on the report on Friday but at a monthly FCC press conference on Thursday he told reporters, regarding EchoStar, that the "status quo needs to change" and added there was a "narrow window of opportunity here." EchoStar said in a filing on Friday that Trump "encouraged the parties involved to reach an amicable resolution." Ergen told Carr this month any reconsideration of the construction deadline extensions or revision to the 2 GHz band's sharing rules "would threaten the viability of EchoStar's current operations and future plans." U.S. satellite TV provider DirecTV terminated its agreement to acquire EchoStar's satellite television business last year, which includes rival Dish TV, over a failed debt-exchange offer. EchoStar said the FCC review was "harming EchoStar's ongoing deployment and threaten its viability as a wireless provider as well as endanger the video and broadband satellite services upon which millions of consumers rely." EchoStar previously disclosed that it missed roughly $500 million in interest payments, citing uncertainty around the ongoing FCC review but said on Friday that based on current discussions with the commission it was making interest payments to "further extend the timeline for EchoStar to explore an acceptable resolution of the FCC's stated concerns."
Reuters
5 hours ago
- Business
- Reuters
Trump wants EchoStar, FCC to reach 'amicable' deal over wireless licenses, company says
WASHINGTON, June 27 (Reuters) - President Donald Trump prodded Dish TV parent EchoStar Corp (SATS.O), opens new tab and Federal Communications Commission Chair Brendan Carr earlier this month to reach an amicable deal over the fate of the company's wireless spectrum licenses, the company said in a filing on Friday. In May, the FCC told EchoStar it was investigating the company's compliance obligations to provide 5G service in the United States, questioning EchoStar's buildout extension and mobile-satellite service. Bloomberg News first reported that Trump met on June 12 with EchoStar Chair Charlie Ergen and later called Carr to take part in the meeting. EchoStar has been trying to shield its cache of wireless spectrum licenses from the threat of revocation by the FCC. The White House did not immediately respond to a Reuters request for comment on Friday and had previously declined to confirm the meeting took place. Carr did not immediately comment on the report on Friday but at a monthly FCC press conference on Thursday he told reporters, regarding EchoStar, that the "status quo needs to change" and added there was a "narrow window of opportunity here." EchoStar said in a filing on Friday that Trump "encouraged the parties involved to reach an amicable resolution." Ergen told Carr this month any reconsideration of the construction deadline extensions or revision to the 2 GHz band's sharing rules "would threaten the viability of EchoStar's current operations and future plans." U.S. satellite TV provider DirecTV terminated its agreement to acquire EchoStar's satellite television business last year, which includes rival Dish TV, over a failed debt-exchange offer. EchoStar said the FCC review was "harming EchoStar's ongoing deployment and threaten its viability as a wireless provider as well as endanger the video and broadband satellite services upon which millions of consumers rely." EchoStar previously disclosed that it missed roughly $500 million in interest payments, citing uncertainty around the ongoing FCC review but said on Friday that based on current discussions with the commission it was making interest payments to "further extend the timeline for EchoStar to explore an acceptable resolution of the FCC's stated concerns." EchoStar said on Friday that it was forgoing some other interest payments, citing uncertainty around the FCC review.
Yahoo
5 hours ago
- Business
- Yahoo
Trump wants EchoStar, FCC to reach 'amicable' deal over wireless licenses, company says
By David Shepardson WASHINGTON (Reuters) -President Donald Trump prodded Dish TV parent EchoStar Corp and Federal Communications Commission Chair Brendan Carr earlier this month to reach an amicable deal over the fate of the company's wireless spectrum licenses, the company said in a filing on Friday. In May, the FCC told EchoStar it was investigating the company's compliance obligations to provide 5G service in the United States, questioning EchoStar's buildout extension and mobile-satellite service. Bloomberg News first reported that Trump met on June 12 with EchoStar Chair Charlie Ergen and later called Carr to take part in the meeting. EchoStar has been trying to shield its cache of wireless spectrum licenses from the threat of revocation by the FCC. The White House did not immediately respond to a Reuters request for comment on Friday and had previously declined to confirm the meeting took place. Carr did not immediately comment on the report on Friday but at a monthly FCC press conference on Thursday he told reporters, regarding EchoStar, that the "status quo needs to change" and added there was a "narrow window of opportunity here." EchoStar said in a filing on Friday that Trump "encouraged the parties involved to reach an amicable resolution." Ergen told Carr this month any reconsideration of the construction deadline extensions or revision to the 2 GHz band's sharing rules "would threaten the viability of EchoStar's current operations and future plans." U.S. satellite TV provider DirecTV terminated its agreement to acquire EchoStar's satellite television business last year, which includes rival Dish TV, over a failed debt-exchange offer. EchoStar said the FCC review was "harming EchoStar's ongoing deployment and threaten its viability as a wireless provider as well as endanger the video and broadband satellite services upon which millions of consumers rely." EchoStar previously disclosed that it missed roughly $500 million in interest payments, citing uncertainty around the ongoing FCC review but said on Friday that based on current discussions with the commission it was making interest payments to "further extend the timeline for EchoStar to explore an acceptable resolution of the FCC's stated concerns." EchoStar said on Friday that it was forgoing some other interest payments, citing uncertainty around the FCC review. Sign in to access your portfolio
Mid East Info
7 hours ago
- Business
- Mid East Info
du and China Mobile International explore 5G Advanced connectivity for metro projects - Middle East Business News and Information
The visit explored opportunities for du to contribute towards the UAE's commitment to being at the forefront of urban digitization, smart mobility, and sustainable infrastructure. Dubai, UAE, June, 2025 – du, the leading telecom and digital services provider, recently visited China Mobile International (CMI) and China Mobile Shanghai in a step to redefine urban mobility and foster digital innovation. The delegation explored advanced metro station digitization powered by 5G Advanced networks, as part of a shared vision to leverage next-generation connectivity for smarter urban transportation systems and operational transformation. The team visited Shanghai Shentong Metro Group, operator of the world's largest metro network with over 896 kilometers of operational lines to assess 5G-enabled technologies at People's Square Station—a transit hub intersecting three metro lines and serving 1.5 million passengers daily at the peak season. Key innovations showcased included passenger flow analytics powered by AI, real-time data systems, and dynamic network configurations designed to optimize peak-time bandwidth allocation. Fahad Al Hassawi, CEO at du said : 'Our recent visit with China Mobile International, China Mobile Shanghai and Shanghai Shentong Metro Group is a step forward in our journey towards digital transformation and advancement. Our delegation explored state-of-the-art 5G innovations and their transformative potential for urban mobility. This inspiring exchange of ideas has set the stage for future collaborations, where we aim to bring pioneering solutions to the UAE, aligning with its forward-looking national vision. We are committed to reimagining the possibilities of smart infrastructure and reinforcing the UAE's position as a global hub for cutting-edge technology.' The visit highlighted key innovations shaping metro digitization, including a 5G Public-Private Network model that replaces traditional wireless systems for enhanced cost efficiency and scalability, a 'One Line One Net' configuration supported by AI-powered 'tide slice' technology to dynamically manage bandwidth during peak passenger times, and compact solutions like Small XAU devices, transparent antennas, and 5G-enabled Set-Top Boxes that optimize coverage while minimizing infrastructure footprints. These technologies demonstrate the transformative power of 5G, enabling high-speed connectivity that delivers a 40-fold increase in consumer downlink speeds and uplink enhancements applicable for industrial IoT functions. Tangible applications include predictive congestion management and advanced communication-positioning systems to minimize operational gaps and improve passenger experiences. The exchange culminated in insightful discussions between du, CMI, China Mobile Shanghai and Shanghai Shentong Metro Group, with all parties expressing strong interest in pursuing further collaborations for scalable and sustainable solutions that empower smart infrastructure in line with UAE's ambitious digital transformation goals. About du: du adds life to life with a comprehensive portfolio of mobile, fixed, broadband, entertainment services, and fintech solutions. Through a digital-first approach powered by ultra-reliable fiber and 5G technology, du delivers bespoke solutions leveraging cloud computing, AI-driven analytics, advanced cybersecurity, and IoT integration. As a trusted digital telco enabler spearheading the UAE's digital transformation, we collaborate with a dynamic partner ecosystem to propel industries and society toward operational excellence, shaping a more connected and digitally advanced future across the region.
