India's Supreme Court rejects telcos' plea for correction of 'errors'
23 July 2021
India's Supreme Court rejected a plea from telecommunications operators for correction for alleged errors in adjusted gross revenue (AGR) calculation.
In September 2020, the country's top court granted telcos a period of 10 years to clear their pending AGR dues to the central government with 10% payment per annum.
The first payment was due before March 31, 2021.Find out more
India’s Vodafone Idea scouting for funds amid losses and dwindling subscriber base
19 July 2021
India’s Vodafone Idea is scouting for funds amid losses and a dwindling subscriber base, with question marks over the company's long-term viability.
The beleaguered mobile phone service provider had recently approached the telecom department seeking an extension of the two-year moratorium on paying spectrum fees by one more year.
The two-year moratorium was given to all telecom operators for FY21 and FY22 - and officials believe a moratorium cannot be for one company and has to be for the entire sector. As this decision has revenue implications, approval by the finance ministry will be needed.Find out more
14 July 2021
Gilat Satellite Networks, the Israeli satellite networking technology, solutions and services vendor, has been awarded a multi-million-dollar contract to provide satellite communication (SATCOM) equipment to a large system integrator for its customer in Asia.
Its multi-application platform, SkyEdge II-c, Capricorn VSATs and TotalNMS will serve the needs of the defence forces to provide tactical SATCOM solutions for mobile platforms and enable efficient communication channels during emergency and disaster response besides the critical C4I needs.Find out more
12 July 2021
Norwegian telecoms operator Telenor has agreed to the sale of its operations in Myanmar to the M1 Group, a Beirut-based investment firm, to the tune of US$105m.
In May, Telenor announced that it was writing off the value of the business after the military coup in February plunged the country into a political crisis, and the new junta imposed strict limits on mobile and internet access.
“Further deterioration of the situation and recent developments in Myanmar form the basis for the decision to divest the company,” Telenor said in a statement in which it announced the sale.Find out more