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IoT-India-fastest-growth
At 264%, India logs fastest growth in global IoT module market
IANS -
Although growing on a lower base, the growth in IoT modules in India was driven by smart meters, telematics, point of sale (POS) and automotive applications, according to Counterpoint Research. Global cellular IoT module shipments grew 20 per cent (year-over-year) in Q2 2022. "The IoT module market is going through a critical phase where the Chinese brands have become bigger, making it very difficult for international brands to grow in silos," said senior research analyst Soumen Mandal.
internet-connection
Rural India with 351 mn users pips urban centres in Internet usage
IANS -
There are 692 million active Internet users in India, and much of the growth continues to be driven by rural India (351 million users with 37 per cent). The urban centres now have 341 million users with 69 per cent penetration, according to the report by the Internet and Mobile Association of India (IAMAI) and data and analytics company Kantar.
mobile-phone
India at 5th spot for lowest mobile data prices worldwide: Report
IANS -
Amid the 5G spectrum auction, India has been ranked fifth for the cheapest mobile data pricing in the world, says a new report. According to the report by Cable.co.uk, the five cheapest countries in terms of the average cost of 1 GB of mobile data are Israel ($0.04), Italy ($0.12), San Marino ($0.14), Fiji ($0.15), and India ($0.17) in the Worldwide Mobile Data Pricing 2022 list.
5G-technology-in-India
Level-playing field between private, public 5G networks absurd: BIF
IANS -
"Seeking a level-playing field with enterprises for captive private networks is akin to a child in kindergarten being asked to compete with someone who has a doctoral degree. No mature regulator anywhere in the world imposes regulation on a player with no or minimal market share,a said BIF President TV Ramachandran.
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India-global ranking-for-mobile
India improves global ranking for mobile, fixed broadband speeds
IANS -
India also improved its global ranking for overall fixed median download speeds, from 76th in April to 75th in May, according to network intelligence and connectivity leader Ookla. However, India's performance in median download speeds on fixed broadband witnessed a slight dip, from 48.09 Mbps in April to 47.86 in May.
Cloud-Services
Pandemic accelerated Cloud adoption among broadcasters: Amagi CEO
IANS -
The Indian media and entertainment (M&E) industry has shown remarkable resilience during the pandemic. According to a PWC report, it is expected to reach 4.1 lakh crore by 2025 with a CAGR growth of 10.75 per cent, making it the fastest-growing entertainment and media market globally in terms of consumer and advertising revenue.
Digital-tax
India's growth in digital ecosystem unusual but offers model for developing countries
IANS -
Although this industry-led growth is somewhat unusual, it offers a model that could benefit other developing countries, wrote Michael Spence, a Nobel laureate in economics, in Project Syndicate. Spence is a Professor Emeritus of economics and a former dean of the Graduate School of Business at the Stanford University. "Reliance is a large and profitable energy company that used its resources to finance long-term investments in the mobile internet ecosystem, setting the stage for Jio Platforms' rapid expansion. That model, which did not require significant public sector investment, probably will not work everywhere," Spence wrote.
Amid-online-boom-industry-bigwigs-on-shopping-spree-for-internet-based-companies
Amid online boom, industry bigwigs on shopping spree for internet-based companies
IANS -
Several mega acquisitions have taken place in the past one year, the latest being the announcement made by Reliance Retail of acquiring controlling stake in the home-grown online search engine platform Just Dial for Rs 3,497 crore. Recently, Tata Sons' subsidiary Tata Digital acquired a majority stake in Supermarket Grocery Supplies Private Ltd, the company which is better known as BigBasket.
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Internet-related-stocks-on-a-dream-rally-amid-the-pandemic
Internet-related stocks on a dream rally amid the pandemic
IANS -
On the stock of IndiaMart InterMesh, the report said that while its leadership in online B2B classifieds, strong networking effect, and solid financials, growth recovery looks elusive given the challenges faced by its client base, the normalisation of its operating margin as pandemic cost savings retract is likely to weaken EPS growth (15 per cent FY21-FY24E CAGR).
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