Decision on 2G auction participation only by October: SSTL
September 10th, 2012 - 7:11 pm ICT by IANS
New Delhi, Sep 10 (IANS) Sistema Shyam Teleservices (SSTL) Monday said it would be able to say only next month if it would take part in the 2G auction as ... Read more...
Posted in Business |
Declining mobile subscriptions show uncertainty in telecom industry: COAI
September 9th, 2012 - 7:41 pm ICT by IANS
New Delhi, Sep 9 (IANS) The decline in the number of mobile subscribers depicts the uncertainty the telecom market is witnessing right now and calls for a concrete policy by ... Read more...
Posted in Business |
Etisalat says won’t participate in 2G auction
September 5th, 2012 - 7:41 pm ICT by IANS
New Delhi, Sep 5 (IANS) Telecom service provider Etisalat Wednesday said it will not participate in the 2G spectrum auction in November."Following the publication by India's Ministry of Communications and ... Read more...
Posted in Uncategorized |
Cabinet okays Rs.14,000 crore spectrum reserve price (Lead)
August 3rd, 2012 - 10:01 pm ICT by IANS
New Delhi, Aug 3 (IANS) The cabinet Friday approved Rs.14,000 crore as the reserve price for the 2G spectrum auction fixed by the Empowered Group of Ministers (EGoM) on telecom, ... Read more...
Posted in Business |
Cabinet okays Rs.14,000 crore as spectrum auction base price
August 3rd, 2012 - 8:57 pm ICT by IANS
Mumbai, Aug 3 (IANS) The cabinet Friday approved Rs.14,000 crore as the reserve price for the 2G spectrum auction fixed by the Empowered Group of Ministers (EGoM) on telecom.The cabinet, ... Read more...
Posted in Business |
Etisalat posts $517 mn profit
July 26th, 2012 - 1:13 am ICT by IANS
Abu Dhabi, July 25 (IANS/WAM) UAE's Etisalat telecommunications company has posted a net profit of 1.9 billion dirhams for the second quarter of 2012 ending June 30.The figure represented an ... Read more...
Posted in Business |
EGoM defers decision on one-time spectrum fee issue
July 24th, 2012 - 9:28 pm ICT by IANS
New Delhi, July 24 (IANS) The Empowered Group of Ministers (EGoM) on telecom Friday deferred a decision on the one-time spectrum fee to be paid by incumbent telecom operators."No decision ... Read more...
Posted in Business |
TRAI says no need for exit policy
April 18th, 2012 - 11:36 pm ICT by IANS
New Delhi, April 18 (IANS) In a major setback for telecom operators, especially those who want to shut operations in India, the Telecom Regulatory Authority of India (TRAI) Wednesday said ... Read more...
Posted in Business |
STel, Etisalat told to restore services till licence expires
April 11th, 2012 - 9:01 pm ICT by IANS
New Delhi, April 11 (IANS) The telecom regulator Wednesday directed STel and Etisalat to resume their services in full till their licences are actually cancelled following a Supreme Court order."Restore ... Read more...
Posted in Business |
Government not to challenge Supreme Court order on 2G licences
February 29th, 2012 - 9:38 pm ICT by IANS
New Delhi, Feb 29 (IANS) The Indian government will decide by the end of this week what action it would take on the Supreme Court's order quashing 122 licences issued ... Read more...
Posted in Business |
Key meet to discuss 2G fallout remains inconclusive
February 24th, 2012 - 9:57 pm ICT by IANS
New Delhi, Feb 24 (IANS) Key ministers including Communications Minister Kapil Sibal and Finance Minister Pranab Mukherjee Friday met to discuss the fallout of the apex court order cancelling ... Read more...
Posted in Politics |
Etisalat sues Indian joint venture partners for fraud
February 23rd, 2012 - 8:42 pm ICT by IANS
New Delhi, Feb 23 (IANS) Abu Dhabi-based telecommunications company Etisalat Thursday launched legal proceedings against its Indian joint venture partners for fraud and misrepresentation.Following the Supreme Court's order last month ... Read more...
Posted in Business |
TDSAT notice to Etisalat on RComm’s Rs.1,200 crore dues
February 23rd, 2012 - 7:51 pm ICT by IANS
New Delhi, Feb 23 (IANS) The telecom disputes tribunal Thursday served notice to Etisalat DB asking it to reply in two weeks to a Reliance Infratel plea seeking to recover ... Read more...
Posted in Business |
Etisalat to shut down India operation
February 22nd, 2012 - 11:39 pm ICT by IANS
New Delhi, Feb 22 (IANS) Telecom service provider Etisalat DB Wednesday said it will shut down its services in India following the Supreme Court ordering cancelling of 122 spectrum licences, ... Read more...
Posted in Business |
India eases M&A; norms for telecom industry (Lead)
February 15th, 2012 - 9:23 pm ICT by IANS
New Delhi, Feb 15 (IANS) Mergers and acquisitions in India's telecom sector will now be easier as the government Wednesday announced new norms for the industry which it said would ... Read more...
Posted in Business |
India eases merger norms in telecom sector
February 15th, 2012 - 7:45 pm ICT by IANS
New Delhi, Feb 15 (IANS) India Wednesday announced new norms for the telecom industry, making mergers and acquisitions (M&As;) easier in the sector that is set to enter a phase ... Read more...
Posted in World |
Etisalat writes off $827 mn, evaluates India options
February 9th, 2012 - 9:14 pm ICT by IANS
Mumbai/New Delhi, Feb 9 (IANS) Abu Dhabi-based telecom firm Etisalat Thursday wrote off its investments worth $827 million in the mobile company Etisalat DB and said the company is evaluating ... Read more...
Posted in Business |
2G verdict will have no impact on foreign investments: Moily
February 6th, 2012 - 4:42 pm ICT by IANS
Kolkata, Feb 6 (IANS) The Supreme Court judgment regarding cancellation of 2G licences will have no impact on the inflow of foreign investments in the country, Corporate Affairs Minister Veerappa ... Read more...
Posted in Business |
Chidambaram’s alleged complicity in 2G scam to be decided Saturday
February 3rd, 2012 - 7:01 pm ICT by IANS
New Delhi, Feb 3 (IANS) A court here will rule Saturday whether or not Home Minister P. Chidambaram, who was the finance minister when former communications minister allocated 122 ... Read more...
Posted in Uncategorized |
Foreign telecom firms want government to clarify stand (Lead)
February 2nd, 2012 - 8:59 pm ICT by IANS
New Delhi, Feb 2 (IANS) Norwegian firm Telenor Thursday sought a fair deal from the Indian government to protect its investment in the country after the Supreme Court cancelled the ... Read more...
Posted in Business |
Blow to government as court quashes Raja’s 122 phone licences (Roundup)
February 2nd, 2012 - 8:08 pm ICT by IANS
New Delhi, Feb 2 (IANS) In a blow to the government, the Supreme Court Thursday quashed all 122 licences for mobile phone services issued in 2008 and left it ... Read more...
Posted in Business |
2G: Swamy submits documents against Chidambaram (Lead)
January 7th, 2012 - 6:34 pm ICT by IANS
New Delhi, Jan 7 (IANS) Seeking to haul make Home Minister P. Chidambaram before a court in the 2G spectrum case, Janata Party president Subramanian Swamy Saturday submitted the ... Read more...
Posted in Politics |
2G case trial starts despite Raja no to cross-examination (Lead)
November 11th, 2011 - 3:58 pm ICT by IANS
New Delhi, Nov 11 (IANS) Former telecom minister A. Raja, co-accused in the second generation (2G) spectrum case, Friday refused to cross-examine the prosecution witnesses till the probe was ... Read more...
Posted in Business |
Etisalat appoints Ahmad Julfar as group CEO
August 24th, 2011 - 11:29 pm ICT by IANS
Abu Dhabi, Aug 24 (IANS/WAM) Ahmad Abdulkarim Julfar has been appointed as the new group chief executive officer of the UAE's Etisalat company, it was announced Wednesday.The appointment comes as ... Read more...
Posted in Business |
2G scam: Two Kusegoan officials seek discharge
August 18th, 2011 - 11:02 pm ICT by IANS
New Delhi, Aug 18 (IANS) The two officials of Kusegoan Fruits and Vegetables Pvt. Ltd., Asif Balwa and Rajiv B. Aggarwal, Thursday concluded their arguments in a Delhi court by ... Read more...
Posted in Uncategorized |
2G case hearing affected by lawyers’ strike
August 17th, 2011 - 9:38 pm ICT by IANS
New Delhi, Aug 17 (IANS) Hearing of the 2G spectrum allocation case in a Delhi court was affected Wednesday due to a lawyers' strike.Central Bureau of Investigation (CBI) Special Judge ... Read more...
Posted in Business |
2G scam: Kusegoan officials question CBI charges (Lead)
August 16th, 2011 - 11:50 pm ICT by IANS
New Delhi, Aug 16 (IANS) Seeking their discharge in the 2G spectrum allocation case, two officials of Kusegoan Fruits and Vegetables Pvt. Ltd., Asif Balwa and Rajiv B. Aggarwal,
Tuesday questioned ... Read more...
Posted in Business |
Legal opinion sought on cancelling 83 new telecom licences
August 14th, 2011 - 11:33 am ICT by IANS
New Delhi, Aug 14 (IANS) The government is seeking legal opinion to cancel as many as 83 telecom licences for the failure of service providers to roll out their networks ... Read more...
Posted in Business |
DMK silent on Raja’s arguments
July 25th, 2011 - 11:56 pm ICT by IANS
Chennai, July 25 (IANS) The DMK Monday maintained a stoic silence over the statement to court by party leader and former communications minister A. Raja that Prime Minister Manmohan ... Read more...
Posted in Politics |
Raja drags PM, Chidambaram into 2G scam (Intro Roundup)
July 25th, 2011 - 9:57 pm ICT by IANS
New Delhi, July 25 (IANS) Former telecom minister A. Raja Monday sought to drag Prime Minister Manmohan Singh into the 2G spectrum case, prompting the opposition Bharatiya Janata Party ... Read more...
Posted in Business |
Raja pulls PM, Chidambaram into 2G scam (Roundup)
July 25th, 2011 - 7:38 pm ICT by IANS
New Delhi, July 25 (IANS) Former telecom minister A. Raja Monday sought to drag Prime Minister Manmohan Singh into the 2G spectrum case, prompting the opposition Bharatiya Janata Party ... Read more...
Posted in Politics |
Opposition using Raja comment to tarnish government: Sibal
July 25th, 2011 - 6:48 pm ICT by IANS
New Delhi, July 25 (IANS) Communications Minister Kapil Sibal Monday said the opposition Bharatiya Janata Party (BJP) was spreading false propaganda against the government, using some comments on ... Read more...
Posted in Uncategorized |
Only fresh equity, not spectrum, sold by phone firms: Chidambaram
July 25th, 2011 - 6:03 pm ICT by IANS
New Delhi, July 25 (IANS) Home Minister P. Chidambaram Monday said as finance minister in 2007 he had only examined if private telecom firms Swan and Unitech were inducting ... Read more...
Posted in Uncategorized |
BJP demands resignations of PM, Chidambaram over Raja remark
July 25th, 2011 - 5:18 pm ICT by IANS
New Delhi, July 25 (IANS) The Bharatiya Janata Party (BJP) Monday demanded the resignations of Prime Minister Manmohan Singh and then finance minister P. Chidambaram after allegations by former ... Read more...
Posted in Uncategorized |
2G transactions known to PM, Chidambaram: Raja
July 25th, 2011 - 3:36 pm ICT by IANS
New Delhi, July 25 (IANS) Transactions made in the allocation of 2G spectrum were known to Prime Minister Manmohan Singh and then finance minister P. Chidambaram, former communications minister ... Read more...
Posted in Uncategorized |