In the face of objections from the ministries of finance, corporate affairs, and commerce and industry, the department of telecommunications (DoT) has decided to drop provisions relating to insolvency of telecom operators and defaults in payment of licence fee, from the draft Telecom Bill.
Thus, the company will finally have the ambit to start clearing vendor payments, owed to the likes of Indus Towers and Nokia that lease telecom towers and supply network gear to the telco ...As of now, the telecom operator is taking a piecemeal approach to clearing liabilities to ...
...Danville Telecom Internet service get cut ... Originally, the plan was to have Danville Telecom make lease payments to SIREPA totaling $1 million over 10 years for future broadband expansion, but Norris said this reoccurring revenue will be reduced to $350,000 for a 10-year period.
Aug 2 (Reuters) - Telecom Italia (TIM) ...Italy's biggest telecoms company said core earnings before interest, tax, depreciation and amortisation after lease costs (EBITDA-AL) on a like-for-like basis stood at 1.4 billion euros ($1.53 billion) in the three months ending June.
The case against Devas Multimedia officials and others has roots in the 2005 deal to use two ISRO communication satellites to provide multimedia services to mobile devices in remote areas where conventional, terrestrial telecom networks do not have reach.
The initiation of insolvency proceedings against Go First has once again highlighted the issue whether third-party assets—not owned by a company but held on lease—can form part of the resolution process ... It is here that the matter relating to leased assets and whether they can be part of an insolvency process got raised.
The case against Devas Multimedia officials and others has roots in a 2005 deal between the startup and ISRO\u2019s Antrix Corp to use two ISRO communication satellites to provide multimedia services to mobile devices in remote areas where conventional, terrestrial telecom networks do not have reach.
Stephen Johnson, Roq CEO, said ..... ... After starting his career as a software developer, he held various senior roles across automotive, telecoms, financial services and technology working with both the private and public sector ... Radius offers solutions in fuel cards, telecoms, telematics, insurance, vehicle leasing, electric vehicles and charging ... .