Reliance Jio second-strongest telecom brand in world, says report
Reliance Jio
second-strongest telecom brand in world, says report
Why In News
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Reliance
Jio has climbed up to number two rank — up from fifth place last year — in a
list of the top 10 strongest telecom brands in the
world.
Key Points
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Reliance Jio has climbed up to number two rank — up from fifth place
last year — in a list of the top 10 strongest telecom brands in the world. In
this post we will explore the Top 150 most valuable and
strongest telecoms operator brands according to Brand Finance 2023
rankings.
·
As
the telecommunications industry continues to grow and evolve, keeping track of
who’s-who in terms of establishing a strong presence can be difficult. Brand
Finance has compiled a list of companies based on their brand value.
·
Brand Finance have
developed a comprehensive evaluation process to not only assess the value of
brands, but also ascertain their relative strength.
·
Utilizing
best-practice ISO 20671 guidelines and
up-to-date research collated from an expansive survey spanning 38 countries and
31 sectors with over 150,000 respondents – Brand Finance provide crucial
insights for businesses looking to make informed decisions about brand
performance.
Swisscom: strongest telecoms brand:
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Swisscom
increased brand value by 5 percent to $6.3 billion and
is the strongest telecoms brand with a Brand Strength
Index (BSI) score of 92.
·
It
is the third strongest brand globally and earns an elite
AAA+ brand rating. It recently announced its new Fixed Wireless Access 5G service for business customers which is a
continuation of its pioneering work in the European 5G
market.
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Swisscom stands apart from other telco brands due to its robust
combination of trust, coverage, and network perceptions.
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Furthermore,
Swisscom’s immensely appreciated customer service has earned it a high brand
strength index score that confirms its excellence in the telecommunications industry.
Reliance Jio: the second-strongest telecoms
brand:
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second-strongest Indian brand Jio is the telecoms brand having a brand
strength index score of 90/100 and earning an elite
AAA+ rating. It increased its brand value up to 6 percent to $5.4 billion;
a two-point rise from last year.
·
The
brand focused on rolling out of 5G in India, and is now extending coverage to
257 cities in the country and looking to further increase this at a rapid rate.
·
5G
services have already generated widespread benefits to Indian consumer and in
sectors like education, healthcare and agriculture.
·
These
benefits and the growth opportunities presented by Jio’s 5G network have helped
Jio build an extremely strong brand strength index score. It is one of only two
AAA+ rated telecoms brands in the ranking.
Etisalat: The third strongest telecoms brand:
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Etisalat
by e& rose its brand value by 4 percent to $10.5
billion and is the third strongest telecoms brand globally with a BSI
score of 89.1 out of 100.
Pusa Krishi Vigyan Mela Organized by IARI in New Delhi
Pusa Krishi Vigyan Mela
Organized by IARI in New Delhi
Why In News
·
The
Pusa Krishi Vigyan Mela is organized every year by the Indian
Agricultural Research Institute (IARI) and this year it will be held in New Delhi from 2nd to 4th March 2023.
Key Points
·
The
Pusa Krishi Vigyan Mela is organized every year
by the Indian Agricultural Research Institute (IARI) and
this year it will be held in New Delhi from 2nd to 4th March 2023.
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The
Pusa Krishi Vigyan Mela will be inaugurated by the Chief Guest, Union Minister
of Agriculture and Farmers Welfare, Narendra Singh Tomar.
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This
time the theme of the fair is “Nutrition, Food and
Environmental Protection with Shree Anna”.
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IARI
Director Dr. A.K. Singh informed that the main attractions of the fair for this
year will be Technical Sessions on important and contemporary issues in
Agriculture, and the development of the Shree
Anna-based value chain under the International Year of Millets.
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Thematic
exhibitions of key technologies will also be organized, while stalls of
research institutes, startups, and entrepreneurs will be set up.
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Shree
Anna-based stall will educate about different types of Shree Anna, their
cultivation practices, value addition, and nutritional value.
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Indian
Institute of Millets Research, Hyderabad as well as VPKAS
Almora, CAZRI Jodhpur, and S.K.N. Agricultural University, Jobner, which
are involved in research on Shree Anna, will also participate in the fair.
Agri-startups, especially Shree Anna-based startups will set up their stalls.
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Live
demonstrations of important varieties of wheat, mustard, gram, vegetables,
flowers, and fruits will be held at the fair.
·
There
will be a live webcast of the fair for the benefit of remote farmers and
consumers, and there will also be stalls for farmers, entrepreneurs, and input
agencies.
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Awards
will be given by the institute to encourage the farmers. During this, the Innovative Farmers’ Conference will facilitate the
exchange of ideas among the farmers.
HDFC Bank, IRCTC launch India’s most rewarding co-branded travel credit card
HDFC Bank, IRCTC launch
India’s most rewarding co-branded travel credit card
Why In News
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Indian Railway Catering and Tourism Corp Ltd (IRCTC) and HDFC Bank, announced the
launch of a co-branded travel credit card.
Key Points
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Indian Railway Catering and Tourism Corp Ltd (IRCTC) and HDFC Bank,
announced the launch of a co-branded travel credit card. Known as the IRCTC
HDFC Bank Credit Card,
the newly launched co-branded card is available exclusively on NPCI’s Rupay
network.
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The
card will provide exclusive benefits and maximum savings on bookings of train
tickets booked through the IRCTC’s ticketing website and through IRCTC Rail
Connect app. The IRCTC HDFC Bank Credit Card will enable us to offer our card
to millions of Indians across the country.
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Additionally,
IRCTC HDFC Bank Credit cardholders will enjoy an attractive joining bonus,
discounts on bookings and access to the several executive lounges at railway
stations across the country.
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Indian
Railways is one of the biggest public sector enterprises in the country and we
are delighted to be the first private sector bank to partner with IRCTC to enhance customer experience for train
travellers, right from the time of booking their tickets.”
India Wins GSMA Government Leadership Award 2023
India Wins GSMA Government Leadership
Award 2023
Why In News
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Groupe Speciale Mobile Association (GSMA) has conferred
Government Leadership Award 2023 to India for implementing best practices in
telecom policy and regulation.
Key Points
·
Groupe Speciale Mobile Association (GSMA) has conferred Government
Leadership Award 2023 to
India for implementing best practices in telecom policy and regulation.
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GSMA,
which represents more than 750 mobile operators and 400
companies in the telecom ecosystem, recognizes one country every year.
India was declared winner in the ceremony held at Mobile
World Congress Barcelona.
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In
a statement, GSMA said India’s biggest-ever spectrum auction for 5G was held in July 2022. In total, 72 GHz spectrum was sold across ten spectrum bands.
The government lowered reserve prices by 39 per cent across the spectrum band.
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Seventy-one
of all spectrum on auction was sold for $19 billion. All
three mobile operators in India acquired spectrum in key 5G bands such as 700
MHz, 3.5 GHz and 26 GHz. To further support 5G rollouts, the government has
also liberalised the spectrum cap limit for telecom operators, expanding their
ability to hold more spectrum.
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Following
initiatives have been taken by India for improving telecom sector and infrastructure
in the country-
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In
India, RoW permissions which used to take more than 230 days, now get approval
within 8 days.
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More
than 85% mobile tower clearances are now instantaneous.
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With
nearly 1 Lakh sites in 387 districts, India’s 5G
roll-out is one of the fastest in the world.
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Indian
telecom sector has emerged as a sunrise sector and the whole world has taken
note of this rise.
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In
India, several initiatives were carried out such as licensing reforms, creation
of PM Gati Shakti Sanchar Portal, streamlining Right of
Way (RoW), spectrum reforms, satellite reforms etc.
What is Mobile World Congress (MWC)?
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Mobile World Congress (MWC) is an annual trade show and conference for
the mobile telecommunications industry.
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The Mobile World Congress (MWC) event attracts representatives from mobile
operators, device manufacturers, technology providers, and other players in the
mobile industry.
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Exhibitors
showcase their latest mobile devices, network infrastructure, software, and services.
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The
MWC conference features keynote speeches, panel discussions, and educational
sessions covering topics such as- 5G, Artificial intelligence, Internet of
Things (IoT), and Mobile security.