Telecom Minister Kapil Sibal on Thursday said the government will try to start national free roaming for customers before October this year. "Trai has floated a consultation paper on it (national free roaming). So when Trai's recommendations come and after that, we will try to start free roaming before October," Sibal told reporters on the sidelines of the launch of National Internet Registry (NIR) here. ...
02:25 PM, Mar 07, 2013
Telenor's India unit said on Saturday it would close down its mobile phone services in Mumbai zone immediately after a court ordered that carriers whose permits were revoked and did not win fresh rights to airwaves must stop services. ...
12:23 AM, Feb 17, 2013
Telecom operator Uninor said it is not "impacted" by today's Supreme Court's order which said telecom companies which were unsuccessful in availing fresh 2G spectrum and those which did not participate in the auction process will cease to operate "forthwith". ...
05:29 PM, Feb 15, 2013
It has been a case which has involved some of the biggest names in politics, corporate India and the bureaucracy. For the last three years, the 2G case has become synonymous with a corrupt system and has had many twists and turns. Now, CNN-IBN reveals another dramatic twist, one which could throw the case into another spin. For, it reveals possible collusion between the prosecution and the accused in the...
12:20 AM, Feb 12, 2013
In an exclusive interview to IBN18 Network Editor-in-Chief Rajdeep Sardesai, CBI Director Ranjit Sinha confirmed that the central investigating agency has registered a Preliminary Enquiry report, which names the lead 2G prosecutor AK Singh and Unitech MD Sanjay Chandra.? ...
10:36 PM, Feb 11, 2013
The CBI has registered a Preliminary Enquiry report, which names the lead 2G prosecutor AK Singh and Unitech MD Sanjay Chandra. ...
08:12 PM, Feb 11, 2013
Norway's Telenor is in talks to merge its Indian operations with Tata Teleservices to gain a bigger foothold in the world's second-biggest mobile phone market, a source with direct knowledge of the situation said on Tuesday. ...
12:59 AM, Nov 28, 2012
New Delhi: The second day of auction for 2G spectrum started at 9 AM on Wednesday, on the back of demand for spectrum in the Bihar telecom circle. A Department of Telecommunications official replied in the affirmative when asked if the auction resumed on time on Wednesday morning. "Yes. Eighth round is in progress," the official said. The government is auctioning eight blocks of spectrum having 1.25 megahertz airwaves frequencies...
10:44 AM, Nov 14, 2012
New Delhi: There has been a lukewarm response to 2G spectrum auction which opened on Monday in New Delhi with sources saying that there have been no bids in the top five to six circles. The first two rounds of re-auction of 2G spectrum have ended and no company has come forward to bid for key and lucrative circles like Delhi and Mumbai. There have been no bids for Rajasthan...
02:46 PM, Nov 12, 2012
Mumbai: Norway's Telenor has applied to take part in the 2G spectrum auction, opting to stay in the country despite being stripped of its permits after a scandal-tainted previous sale. Telenor joins India's top three operators by revenue in eyeing the 2G radio waves, though Russian conglomerate Sistema's Indian affiliate Sistema Shyam TeleServices Ltd, which also lost its permits obtained in 2008, said it would not be participating. The auction...
12:46 PM, Oct 20, 2012
New Delhi: The Delhi High Court will begin hearing Telenor's plea seeking Rs 6400 crore as indemnity from Unitech on Tuesday for losses incurred after following the cancellation of their joint venture Uninor's 2G spectrum licenses. Unitech is expected to respond in the apex court on Tuesday. Telenor, which also sought a direction to freeze Unitech's assets, has alleged Unitech misrepresented facts before formation of their venture Uninor brand. Uninor's...
10:31 AM, Oct 09, 2012
New Delhi: The Company Law Board on Friday stayed Telenor-controlled telecom firm Uninor's planned auction of its assets observing that the process followed appeared "very clever". Passing an interim order on company's minority partner Unitech's application, CLB Chairman Justice D R Deshmukh stayed the August 1 auction notice issued by Uninor observing that the proposed auction process appeared to be "very clever". The CLB said that it would hear both...
08:10 PM, Aug 03, 2012
New Delhi: Unitech Ltd, Telenor's minority partner in its Indian mobile telecoms joint venture, has filed a petition with the country's Company Law Board seeking to stop the joint venture company from auctioning off its assets, a Unitech spokesman said on Thursday. In an auction notice on Wednesday, the joint venture, which operates under the Uninor brand, invited potential bidders to express interest by August 6 and said its majority...
08:08 PM, Aug 02, 2012
New Delhi: Intensifying row with its minority stakeholder, Norway's Telenor-controlled Indian venture Uninor on Wednesday put on auction its entire telecom business for a minimum of Rs 4,000 crore, a move opposed strongly by Unitech. The Nordic countries' biggest phone operator wants to scrap the joint venture with Unitech and migrate its business to a new company to seek fresh operating licences as the JV's 22 telecom permits were among...
12:32 PM, Aug 02, 2012
New Delhi: Intensifying row with its minority stakeholder, Norway's Telenor-controlled Indian venture Uninor on Wednesday put on auction its entire telecom business for a minimum of Rs 4,000 crore, a move opposed strongly by Unitech. The Nordic countries' biggest phone operator wants to scrap the joint venture with Unitech and migrate its business to a new company to seek fresh operating licences as the JV's 22 telecom permits were among...
05:34 PM, Aug 01, 2012
New Delhi/Mumbai: Frustrated by a lack of opportunities in India, Germany's Fraport, the world's No 2 airport operator, is shutting its development office in the country, the latest in a growing list of companies exiting Asia's third-largest economy. Regulatory uncertainty and policy gridlock have battered foreign corporate sentiment towards India, adding to a dramatic slowdown in economic growth and exacerbating a widening current account deficit that has knocked the rupee...
09:27 PM, Jun 08, 2012
New Delhi: A ministerial panel decided to auction a higher number of slots in an upcoming sale of second generation(2G) radio airwaves than that proposed by the Telecom Regulatory Authority of India(TRAI), a government official said, although no decision was made on the base price for the auction. The panel decided that more than 10 mega hertz(MHz) of airwaves should be auctioned in each telecom zone, said the official on...
12:49 PM, Jun 06, 2012
New Delhi: Norway has issued a warning to India saying there could be political implications if telecom company Telenor is forced to move out because of the Supreme Court's scrapping of 2G licences and TRAI's recommendations on a fresh auction. Trond Giske, Norway Trade Minister, said, "This situation of license withdrawal have created obstacles in our future. It has even further political implications. I think that it will influence India."...
08:06 AM, May 13, 2012
New Delhi: The failure of Telenor's $3-billion investment in subsidiary Uninor will not only impact India's investment destination image but will also have political repercussions, Norway's Trade Minister Trond Giske said on Saturday. "If this investment fails, I think, it will be fair to say that it will influence the view of India as an investment country," Giske told reporters. "Telenor is not just any company. 54 percent of its...
04:41 AM, May 13, 2012
New Delhi: India on Saturday assured Norway that foreign investments will be protected amidst the Scandinavian nation saying it apprehended political implications if Telenor suffered losses due to adverse telecom developments in this country. Telecom Minister Kapil Sibal told the Norwegian Trade and Industry Minister, Trond Giske, that the Indian government is committed to protecting foreign investments and ensuring a robust roadmap for them. "There is absolutely no room for...
12:52 AM, May 13, 2012
