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The telecom sector was hoping for some announcement from the Centre as the Union cabinet was likely to take up the issue during Wednesday’s crucial meeting

The capital raising would enable Airtel to enhance its market share and provide the wherewithal to make faster investments in a scenario India moves to a two-player market.

HDFC AMC and Aditya Birla MF, are among the top five funds in the country by assets, have put in big bets on Vodafone Idea's survival

Out of the 1,000, the bank has already hired over 300 graduates from top engineering institutes in the country. These recruits are likely to join the bank in July

While DoT will ask telecom operators to include a rural area for testing 5G applications along with their urban centres, the MTNL has teamed up with C-DoT for conducting 5G trials in Delhi.

As per temp staffing company, TeamLease, repor, the 5G service roll out to spur telecom contractual staffing over the next two years and will emerge as a key driver for hiring activities in the sector

The body said that linking 5G technology with coronavirus spike is baseless as 5G networks have not yet been installed in the country and even 5G trials are yet to be started by the telecom operators

This comes barely a week after the DoT blocked the entry of Chinese technology giants in the 5G trials. Chinese gear vendors like Huawei and ZTE will not participate in these trials

The industry body has also requested that free movement be allowed to telecom professionals during the lockdown to maintain networks

Besides blocking the Chinese tech company, the DoT has also ensured that no Chinese telecom equipment manufacturer participates in the 5G trial