Latest News for: Leasing telecom


Telecom Bill loses IBC, fee waiver provisions

Financial Express 19 Sep 2023
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.

RailTel receives work order of Rs 28 crore from Kerala Govt for fiber optic network

Beijing News 25 Aug 2023
of Kerala which include various networking and Telecom solutions for Kerala State Wide Area Network, e-Health, Govt ... Government of India in the telecom field. RailTel offers a bundle of services like MPLS VPN, Telepresence, lease line, Tower Co-location, Data center services etc.

Vodafone Idea to start paying back Indus Towers, Nokia from October

Business Line 16 Aug 2023
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 ...

Supervisors approve revised broadband plan

The Hawk Eye 09 Aug 2023
... 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.

DoT relaxes spectrum block size for trading purpose

The Economic Times 02 Aug 2023
The modification in spectrum trading guidelines allows telecom operators to lease ...

Telecom Italia's quarterly core profit rises as domestic revenues edge up

Reuters 02 Aug 2023
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.

ED reports seizure of properties of Devas Multimedia CEO declared fugitive economic offender

Indian Express 24 Jul 2023
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.

India’s public WiFi coverage falls way short of target

The Economic Times 05 Jul 2023
Telcos have high internet leased line charges that telecoms providers and ...

HSBC to shift its global headquarters from Canary Wharf ; Here's where, when

Live Mint 27 Jun 2023
... of British telecoms giant BT.HSBC had in September launched a strategic review, with the lease on its premises in a 45-storey Canary Wharf skyscraper due to expire in early 2027.Also read.

Israel to build fibre-optic link between Europe and Asia

The Economic Times 19 Jun 2023
The cable will hook up to subsea cables that reach Israel's shores. It will be available to any telecom company licensed in Israel under a 25-year lease, the ministry said ... .

IBC and third-party assets: Proceedings against Go First once again highlights issue on resolution process

Financial Express 12 Jun 2023
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.

Bengaluru court declares Devas Multimedia founder Ramachandran Viswanathan fugitive economic offender

Indian Express 10 Jun 2023
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.

People: Roq; StreetDoctors; Silverpoint; Radius; Bensons for Beds; T25 Home Improvements

The Business Desk 09 Jun 2023
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 ... .

Telecom equipment makers ask DoT to review private network decision on spectrum allocation

Business Line 07 Jun 2023
Recently, it decided that spectrum for private captive networks will not be administratively assigned to enterprises and can only be leased through telecom operators.

S&P 500 Giant Tesla Leads Five Stocks Near Buy Points As Market Revs Up

Investors Business Daily 03 Jun 2023
S&P 500 stocks Tesla (TSLA) and DexCom (DXCM), along with Fluence Energy (FLNC), Wingstop (WING) and Extreme Networks (EXTR) are in focus this week. X. The market rally picked up steam late in the week ... Meanwhile, the U.S ... S&P 500 ... With software-defined networks, companies have less need for costly private data networks leased from telecom companies.

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