Vodafone is reported to be in talks with the Indian government to come to a compromise settlement that could cost it upwards of US$2.2 billion. Although Vodafone won the tax dispute, the government then carried out an extremely rare action of changing the law and applying it retrospectively so that Vodafone isRead More →
Norway’s Telenor says that it has written off the remaining value of its Indian subsidiary following the cancellation of the GSM licenses earlier this year. Telenor said that if the current proposals to reauction the GSM licenses, are carried out as per the TRAI recommendations, then it will be “almostRead More →
ISLAMABAD (SPECIAL REPORT) Pakistan Telecommunication Company Limited (PTCL) has upgraded its services in Chitral through a challenging team effort in the hilly and snow covered region. This past winter season saw an unusually high rate of snowfall and severe hail storms due to which PTCL’s Lowari Hill repeater got damaged,Read More →
ISLAMABAD(SPECIAL REPORT) Pakistan Telecommunications Company Limited (PTCL) has gained net profit of Rs.1.4 billion in its third quarter earnings for FY2011-12 for the period ending March 31, 2012, while also showing a growth of 11.3% in revenue. “PTCL’s profits and revenue growth during third quarter of FY2011-12 is a strongRead More →
HYDERABAD(INDIA) Norwegian Telenor Group, which is looking for a new partner to continue its telecom services in India, plans to invest up to Rs 2,000 crore more even as it is taking all steps to secure Rs 14,500 crore already pumped into Uninor, the joint venture with Indian realty firmRead More →
Microwave Telemetry selects Telenor Connexion for global wildlife tracking solutionTelenor Connexion to provide global connectivity solution for scientists on six continents Microwave Telemetry Inc., a global leader in avian and marine tracking has selected Telenor Connexion, the leading enabler of premium connected services, as connectivity provider for its state-of-the-art trackingRead More →
ISLAMABAD (SPECIAL REPORT) Pakistan Telecommunication Company Limited (PTCL), the country’s largest and only integrated telecom service provider, commemorated the international Earth Day 2012 by kicking off a tree plantation campaign at its headquarters in Islamabad. In a graceful ceremony attended by PTCL officials and employees, Senior Executive Vice President HR,Read More →
Moscow (Medai) Telenor announced that the Russian competition regulator is opposing its deal to increase its stake in Russian operator Vimpelcom. The Federal Antimonopoly Service filed a claim in the principal commercial court in Moscow against Telenor and Weather Investments. Telenor has not yet been formally notified of theRead More →
Delhi (INDIA) Vodafone has threatened international arbitration against India if the country goes ahead with plans to introduce a retrospective tax on M&A deals. The tax change will revive a long running spat between the UK-based operator and the Indian government relating to Vodafone’s US$10.7 billion acquisition of Hutchison inRead More →
ISLAMABAD (SPECIAL REPRT) Mobile phone subscriptions in Pakistan have reached 116.2 million in February 2012 by adding 1.6 million subscribers in January 2012, revealed latest stats published by Pakistan Telecommunication Authority. Total number of cellular subscribers stood at 116,209,749 with teledensity hitting 67.2 percent mark. Mobilink remains the top companyRead More →
Lahore (SPECIAL REPORT) Personally monitoring the new 789 exercise of automation of sale of prepaid mobile SIMs, PTA teams are visiting call centers of mobile companies to ensure its effective execution. Director General (Enforcement), PTA, Mr. Yawar Yasin along with other PTA officials recently visited Warid’s Call Center in Lahore. CloselyRead More →
ISLAMABAD (MEDIA) In a major blow to government’s efforts to auction 3G telecom licences, the Auction Supervisory Committee (ASC) of 3G has refused Pakistan Telecommunication Authority’s (PTA) selected companies for consultancy services due to alleged dubious selection process. A meeting of ASC, headed by Finance Minister Dr Abdul Hafeez ShaikhRead More →