Telecom Subscriber Base Rise Marginally to 1,170.75 Million in Jan 2023: TRAI

The telecom subscriber base in the country grew marginally to 1,170.75 million in January, driven by net customer gain in the fixed line segment, according to a sector regulator TRAI report released on Friday.

The net gain in the wireline segment was 0.28 million customers while mobile telephony recorded a net gain of 0.09 million subscribers.

Even though Reliance Jio and Bharti Airtel jointly added 0.29 million new customers, the gain was offset by BSNL and Vodafone Idea (VIL) losing 0.28 million customers.

"The number of telephone subscribers in India increased from 1,170.38 million at the end of December 2022 to 1,170.75 million at the end of January 2023, thereby showing a monthly growth rate of 0.03 percent," the Telecom Regulatory Authority of India said in the subscriber report for the month of January 2023.

The wireline or fixed line connections in the country increased to 27.73 million in January from 27.45 million in December.

The growth in the wireline segment was driven by Reliance Jio, Bharti Airtel and Quadrant, which added 0.21 million, 0.11 million and 5,949 customers, respectively.

State-owned MTNL was the biggest loser in the segment as it lost 29,857 customers. It was followed by BSNL, which lost 19,781 wireline customers, Tata Teleservices 9,444, VIL 3,727 and Reliance Communications 275 customers.

In the mobile telephony or wireless segment, Reliance Jio and Bharti Airtel added 1.65 million and 1.28 million customers, respectively. BSNL, VIL and MTNL mitigated the growth in the segment by losing 1.48 million, 1.35 million and 2,960 mobile subscribers, respectively.

The broadband subscriber base in the country grew to 839.18 million in January from 832.2 million in December.

"Top five service providers constituted 98.39 per cent market share of the total broadband subscribers at the end of January-23. These service providers were Reliance Jio Infocomm (434.02 million), Bharti Airtel (237.40 million), Vodafone Idea (125.03 million), BSNL (27.05 million) and Atria Convergence (2.14 million)," TRAI said.

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ख़बरों की ख़बर : हिंसा से देश का नुकसान, लेकिन फायदा किसका?

रामनवमी पर कई जगहों पर हिंसा हुई और इसके एक दिन बाद ज्‍यादातर जगहों पर शांति है, लेकिन पश्चिम बंगाल में हिंसा नहीं रुकी. गुरुवार को रामनवमी के जुलूस के दौरान हिंसा, पथराव और आगजनी हुई. कई गाड़ियों को आग लगा दी गई. उम्‍मीद थी कि हालात सुधरेंगे लेकिन आज फिर हावड़ा में हिंसा हुई. 

 

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बिहार : नालंदा में रामनवमी के जुलूस पर पथराव के बाद माहौल तनावपूर्ण, दो लोगों को लगी गोली

बिहार के नालंदा में रामनवमी के जुलूस के दौरान पथराव हुआ, जिसके बाद माहौल तनावपूर्ण हो गया. हिंसा के दौरान दो लोगों को गोली भी लगी और घायलों को अस्‍पताल में भर्ती कराया गया है. 

 

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TerraUSD Founder Do Kwon Indicted in US Following Montenegro Arrest

Do Kwon, the cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion (nearly Rs. 3,28,500 crore) or more last year, has been charged with fraud by US prosecutors.

An eight-count indictment against Kwon was made public in the US District Court in Manhattan, several hours after news of his arrest earlier Thursday in Montenegro.

Lawyers for Kwon in the United States did not immediately respond to requests for comment after business hours.

Thursday's indictment charges Kwon, a South Korean national who co-founded Terraform Labs and developed the TerraUSD and Luna currencies, with two counts each of securities fraud, wire fraud, commodities fraud and conspiracy.

The criminal case follows related US Securities and Exchange Commission civil charges against Kwon and Terraform last month.

Kwon had been a fugitive for several months, and South Korean authorities issued an arrest warrant for him last September.

South Korean police said on Friday that the identity of the suspect arrested in Montenegro had been confirmed as Kwon after his fingerprints matched the information held by the country's National Police Agency (KNPA).

"This has been shared with the Seoul Southern District Prosecutors' Office and Interpol in Montenegro," one official at the KNPA said.

Prosecutors will work with other institutions to carry out a swift repatriation, a spokesperson for the country's prosecution service said.

Montenegro's interior ministry said police detained a person thought to be Kwon and a second suspect, who were trying to board a flight to Dubai at Podgorica airport.

Police found forged passports of Costa Rica and Belgium during the encounter, the ministry said.

"The person is suspected of being one of the most wanted fugitives, South Korean national Do Kwon, a co-founder and CEO of the Singapore-based Terraform Labs," Interior Minister Filip Adzic wrote on Twitter.

"The former cryptocurrency king who is behind losses of over $40 billion, has been apprehended at the Podgorica airport with forged documents," Adzic added.

TerraUSD was a so-called "stablecoin" designed to maintain a constant $1 price, while Luna's value fluctuated.

But authorities have said TerraUSD and Luna were paired, such that a decline in one could take down the other.

They also said Kwon misrepresented the stability of TerraUSD, once among the top 10 cryptocurrencies by market value.

Both currencies crashed last May, with TerraUSD's price sinking to less than one penny.

In its civil case, the SEC accused Kwon and Terraform of "orchestrating a multi-billion dollar crypto asset securities fraud.

"We also allege that they committed fraud by repeating false and misleading statements to build trust before causing devastating losses for investors," SEC Chair Gary Gensler said in a statement at the time.

© Thomson Reuters 2023

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