Call Waiting: DoT tax breaks for foreign telcos deferred
24.08.2009
Call Waiting: DoT tax breaks for foreign telcos deferred (ET)
In a move that is set to impact all foreign carriers that offer long distance services in India, the Department of Telecom (DoT) has deferred plans to do away with the double taxation structure that these international carriers are subjected to here.
FIPB clears Telenor's proposal to up stake in Unitech (BS)
The Foreign Investment Promotion Board (FIPB) is believed to have cleared the proposal of Norwegian telecom firm Telenor to hike its stake in its Indian telecom joint venture Unitech Wireless, putting an end to a two-month long wait by the telco.
MTN finalising $4.5 bn loan for Bharti buy: Bankers (ET)
Banks are close to finalising South African telecom group MTN's $4.5 bn syndicated loan backing its proposed merger with Bharti Airtel, bankers close to the deal said on Friday. MTN is talking to international banks about the loan.
TechM bags Etisalat contract (BS)
Gets a portion of Rs 1,500-crore IT outsourcing deal from the UAE firm. IT solutions provider Tech Mahindra is understood to have bagged a majority portion of the Rs 1,500-crore telecom IT outsourcing deal from new operator Etisalat DB Telecom India.
Nokia global CEO meets PM; seeks uniform VAT on handsets (BS)
World's largest cellphone maker Nokia's global CEO Olli-Pekka Kallasvuo today met Prime Minister Manmohan Singh and discussed various issues and sought uniform tax on mobile handsets across the country.
GTL Infra, Essar in race for Aircel tower assets (BS)
With 11,500 of these, the winner must be prepared to pay $2.5 bn Three major telecom companies have joined the race to acquire GSM service provider Aircel Cellular’s passive telecom infrastructure, valued at around $2.5 billion.
Call Waiting: DoT tax breaks for foreign telcos deferred (ET)
In a move that is set to impact all foreign carriers that offer long distance services in India, the Department of Telecom (DoT) has deferred plans to do away with the double taxation structure that these international carriers are subjected to here.
FIPB clears Telenor's proposal to up stake in Unitech (BS)
The Foreign Investment Promotion Board (FIPB) is believed to have cleared the proposal of Norwegian telecom firm Telenor to hike its stake in its Indian telecom joint venture Unitech Wireless, putting an end to a two-month long wait by the telco.
MTN finalising $4.5 bn loan for Bharti buy: Bankers (ET)
Banks are close to finalising South African telecom group MTN's $4.5 bn syndicated loan backing its proposed merger with Bharti Airtel, bankers close to the deal said on Friday. MTN is talking to international banks about the loan.
TechM bags Etisalat contract (BS)
Gets a portion of Rs 1,500-crore IT outsourcing deal from the UAE firm. IT solutions provider Tech Mahindra is understood to have bagged a majority portion of the Rs 1,500-crore telecom IT outsourcing deal from new operator Etisalat DB Telecom India.
Nokia global CEO meets PM; seeks uniform VAT on handsets (BS)
World's largest cellphone maker Nokia's global CEO Olli-Pekka Kallasvuo today met Prime Minister Manmohan Singh and discussed various issues and sought uniform tax on mobile handsets across the country.
GTL Infra, Essar in race for Aircel tower assets (BS)
With 11,500 of these, the winner must be prepared to pay $2.5 bn Three major telecom companies have joined the race to acquire GSM service provider Aircel Cellular’s passive telecom infrastructure, valued at around $2.5 billion.
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