Want to free Internet? Do philanthropy: Mittal to Zuckerberg

March 9, 2015

Barcelona, Mar 9: Taking on social networking giant Facebook's ambitious 'free internet' plans, telecom major Bharti Airtel chief Sunil Mittal has said the companies should do 'philanthropy' if they stop charging for mobile internet.

Mittal ZuckerbergFacebook has launched an 'internet.org' initiative under which users can access internet free of charge for select websites if they come through a partner telecom operator.

Incidentally, Airtel Africa is one such partner for Facebook, while rival Reliance Communications has partnered Facebook in India for this initiative, which is based on assumption that bringing more people to the internet fold by offering them free service initially is good for the industry.

Mittal, who met Facebook founder and CEO Mark Zuckerberg here at the Mobile World Congress, said that the social networking major is right in its thinking that such a would expand the market, but telecom operators also need to get their revenues and charge for the services.

"I told him (Zuckerberg) that you are right that this (internet.org) expands the market. At the end, you must understand that we (telecom operators) need to charge you for something. SMSes have gone more or less, voice is going down and they (Facebook) recognise that," Mittal said in a media interaction here.

"If you are going to make the data free, then let's do completely philanthropic projects. Government must make spectrum free, there should be free network, but it is not happening," the billionaire industrialist said, while adding that telecom companies were as such not making large money.

The comments, incidentally, come at a time when a high-pitched auction is underway in India for spectrum and committed bids worth about Rs 86,000 crore have come in within first four days of bidding -- crossing the minimum targetted amount of Rs 82,000 crore. The auction will resume tomorrow, as more unsold spectrum is left and there are expectations that the overall auction may cross Rs one lakh crore.

Telecom companies say they invest billions of dollars in spectrum, network and other operations, but they argue that internet-based entities offering pseudo-telecom services are piggy-backing on the mobile operators' networks without bearing much investments on their own.

At the same event here, UK-based telecom giant Vodafone's global CEO Vittorio Colao reportedly said about Facebook's free-of-cost internet plan that "it is almost like Zuckerberg does philanthropy, but with my money."

Mittal cautioned that investments in mobile networks by industry will go down as Internet-based messaging and calling services are 'cannibalising' revenues of telecom firms.

"He (Zuckerberg) is saying that make Internet.org lite version of Facebook free of data charge, so that people will upgrade. People will come to internet for the first time. The point is that it is self-serving for them," Mittal said.

Telecom operators have been facing pressure on their financials from the emergence of a number of Over-The-Top (OTT) firms like Facebook (through its WhatsApp messaging service), Skype and Viber, which on their part claim to be helping telecom operators grow business.

"We (telecom operators, social media and over-the-top players) are good for each other but they, regulators and politicians must understand that networks' investment must be on reasonable terms. Gone are the days when telecom companies were making large amounts of money," Mittal said.

"OTT players must understand pains of the mobile industry. Sometimes we are seeing as gatekeeper, bad guys. The fact of matter is spectrum - there is cost, network there is cost and tariff has gone up by only 3 paise in last three years," he added.

In December, Airtel had announced separate charges for Internet based calling services but withdrew it after an outcry on social media.

"The rate that we announced was exactly the same rate as a voice call. If you do one minute VoIP (internet based calls) in kilobyte terms it would be exactly the same as voice call. It was exactly the same as one minute call," Mittal said.

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News Network
March 10,2020

Tehran, Mar 10: Twenty-seven people have died from methanol poisoning in Iran after rumours that drinking alcohol can help cure the novel coronavirus infection, state news agency IRNA reported on Monday. The outbreak of the virus in Islamic republic is one of the deadliest outside of China, where the disease originated.

Twenty have died in the southwestern province of Khuzestan and seven in the northern region of Alborz after consuming bootleg alcohol, IRNA said.

Drinking alcohol is banned in Iran for everyone except some non-Muslim religious minorities. Local media regularly report on lethal cases of poisoning caused by bootleg liquor.

A spokesman for Jundishapur medical university in Ahvaz, the capital of Khuzestan, said 218 people had been hospitalised there after being poisoned.

The poisonings were caused by "rumours that drinking alcohol can be effective in treating coronavirus," Ali Ehsanpour said.

The deputy prosecutor of Alborz, Mohammad Aghayari, told IRNA the dead had drunk methanol after being "misled by content online, thinking they were fighting coronavirus and curing it." If ingested in large quantities, methanol can cause blindness, liver damage and death.

Iran has been scrambling to contain the spread of the COVID-19 illness which has hit all of the country's 31 provinces, killing 237 people and infecting 7,161.

According to IRNA, 16 out of 69 confirmed cases have died of coronavirus infection in Khuzestan as of Sunday.

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News Network
February 1,2020

Washington, Feb 1: The Indian economy experienced some abrupt slowdown in 2019 due to turbulence in non-banking financial institutions and major reform measures such as GST and demonetisation, but it is not in a recession, IMF Managing Director Kristalina Georgieva has said.

"The Indian economy indeed has experienced an abrupt slowdown in 2019. We had to revise our growth projections, downwards to four percent for last year. We are expecting 5.8 per cent (growth rate) in 2020 and then an upward trajectory to 6.5 percent in 2021," Georgieva told a group of foreign journalists here on Friday.

"It appears that the main reason for this slowdown was the non-banking financial institutions experiencing a turbulence," she said on the eve of Union Finance Minister Nirmala Sitharaman presenting the annual budget in Parliament on Saturday.

She said India had undertaken some important reforms that over the longer term would be beneficial for the country, but they do have some short-term impact.

"For example, coming with the unified tax system, and the demonetisation that took place. These are steps that over time are beneficial, but of course they might, might be somewhat disruptive over short term," Georgieva said in response to a question.

The International Monetary Fund (IMF) Managing Director said that there is not a lot of fiscal space in India. “But we also recognise that the policies of the government on that side, on the fiscal side have been prudent. We will see how the reading of the budget, the submission of the budget goes, tomorrow,” she said.

In the medium-term, she said, the IMF remains optimistic about India. “This is why we see that upswing potential for the growth in the country,” she said.

Georgieva said that the current economic slowdown cannot be described as a recession. "No.... You're far from that. But it is a significant slowdown, not the recession," she said.

The IMF managing Director noted that the consumption in India also slowed down and that contributed to the overall slowdown in the economy. The IMF would be keen to see what India does to get relatively sound macroeconomic fundamentals to pay off in terms of better growth trajectory, she said ahead of the budget.

One thing that is important for India is that budgetary revenue have been below target. "The country knows that. The finance minister knows it. They need to increase budgetary revenue collection so they can improve their fiscal position. I said it's tight on the spending side, but I also want to stress that there is room to improve collection on the revenue side," she said.

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News Network
June 13,2020

Shanghai, Jun 13: Authorities in Beijing have temporarily shut a major wholesale agricultural market following a rise in locally transmitted novel coronavirus infections in China's capital city over the past two days.

The closure of the Xinfadi wholesale market at 3 a.m. local time on Saturday (1900 GMT on Friday), came after two men working at a meat research centre who had recently visited the market were reported on Friday as having been infected by the novel coronavirus. It was not immediately clear how the men had been infected.

Concern is growing of a second wave of the new virus, even in many countries that seemed to have curbed its spread. It was first reported at a seafood market in Wuhan, the capital of central China's Hubei province, in December.

Beijing authorities had earlier halted beef and mutton trading at the Xinfadi market, alongside closures at other wholesale markets around the city.

Reflecting concerns over the risk of further spread of the virus, major supermarkets in Beijing removed salmon from their shelves overnight after the virus causing COVID-19 was discovered on chopping boards used for imported salmon at the market, the state-owned Beijing Youth Daily reported.

Beijing authorities said more than 10,000 people at the market will take nucleic acid tests to detect coronavirus infections. The city government also said it had dropped plans to reopen schools on Monday for students in grades one through three because of the new cases.

Health authorities visited the home of a Reuters reporter in Beijing's Dongcheng district on Saturday to ask whether she had visited the Xinfadi market, which is 15 km (9 miles) away. They said the visit was part of patrols Dongcheng was conducting.

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China reported 11 new COVID-19 cases and seven asymptomatic cases for Friday, the national health authority said on Saturday. And all six locally transmitted cases were confirmed in Beijing.

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