Here is a background on the 2G spectrum controversy that resulted in Communications and IT Minister A. Raja of DMK resigning on Sunday: The issue dates to 2008 when nine telecom companies were issued scarce airwaves and licenses for second generation (2G) mobile phone services at Rs1,658 crore (less that $350 million) for a pan-India operation. As many as 122 circle-wise licenses were issued. The opposition said that by giving the airwaves...
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Number of Internet users to surpass 2 billion by end of year, UN agency reports
The number of Internet users worldwide has doubled in the past five years and will surpass the 2 billion mark in 2010, with the majority of the 226 million new users this year coming from developing countries, the United Nations telecommunication agency reported today. The number of people with Internet access at home has increased from 1.4 billion in 2009 to almost 1.6 billion in 2010, with 65 per cent of...
More »The next frontier is rural net penetration
A seven-state survey on rural internet awareness revealed that close to 84% were ignorant of the medium’s existence. Of the ones who did know about it, 85% used the net only to access emails, 13% to know about the latest farming techniques and 8% to look up fertilisers, among other uses. We can acknowledge that internet penetration so far has been weak; but the past is not a guide to...
More »Farmers can save Rs 600 cr in 5 yrs through Mobile Broadband: PwC
Farmers can save about Rs 600 crore over the next five years through Mobile Broadband-based services which provide them with quick information on market prices and vital crop inputs, says a report. Getting information quickly on best prices and cultivation practises, with special focus on areas like plant protection from diseases and weather-related damage, will help farmers take fast decisions, saving them about Rs600 crore by 2015, PriceWaterhouseCoopers (PwC) report said. Lack...
More »Food, fuel inflation ease in early June
India’s food and fuel price inflation eased in early June, easing pressure on Reserve Bank of India (RBI) to speed up its process of tightening monetary policy. India’s food price index rose 16.12% in the year to 5 June, snapping a two-week rise, and lower than the previous week’s annual reading of 16.74%, government data released on Thursday showed. The fuel price index climbed 13.18%, compared with an annual rise of 14.23%...
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