Licence fee cut for STD-ISD services

Telecom minister Dayanidhi Maran announced the slashing of entry fees for both national and international long distance operators to Rs 2.5 crore from Rs 100 crore and Rs 25 crore, respectively. The annual licence fee for both services had been reduced to 6% of annual gross revenue from 15%.
The government has also decided to do [...]

Other Notable News & Articles

OneIndia by Jan ‘06: MaranDoT will address issues like reworking the present licensing regime, interconnect agreement, ADC, revenue share.
ITI-Alcatel to start production of 3G equipment plant next yearCollaboration with a foreign technology partner for manufacturing CDMA equipment at its Bangalore plant.
Reliance Infocomm to raise $500 mn to repay debtWill raise from overseas markets, mainly to [...]

SingTel looking to up stake in Bharti

SingTel, which holds a 31% stake in Bharti Televentures, on Wednesday said it was open to increasing its stake in the company subject to the right price.
When asked whether Vodafone, which recently bought a 10% stake, would be comfortable in case SingTel decided to raise its stake in the company, Bobby Leach, Head - Group [...]

Spicey Movie

Spice Telecom, a provider in Punjab and Karnataka, will soon invest $60 million to produce a film.
“We have decided to foray into film production business and our first venture will be a film called ‘Buddha’,” Spice Telecom, Chief Executive Officer, Prakash Nanani told reporters here on Thursday.
In October, their overall market share came down to [...]