Government Approves 10 percent Sale of BSNL
There’s been talk of plans to divest stake in public sector companies: according to sources quoted in the report, the Telecom Ministry has approved the sale of 10 percent stake in BSNL. (Read more at Bloomberg UTV)
However, keep in mind that BSNL is also mired in controversy regarding its cancelled tender and allegations of inflation of subscriber numbers. The company’s fixed line business also continues to lose money.
Tata Teleservices Has Launched Tata Photon+ In Pune
Tata Teleservices Maharashtra Limited has launched its wireless data card Tata Photon+ in Pune. This is the sixth launch after the device was launched in Mumbai, Nagpur, Nashik, Kolhapur and Goa and costs Rs 2299.
TTML Readies $1.9 Billion For 3G
Tata Teleservices Maharashtra Limited is planning on a war chest of $1.9 billion for the upcoming 3G spectrum auction and to upgrade its network in Mumbai, Maharashtra and Goa circle, according to sources. (Read more at The Economic Times)
Singtel Ties-Up With YOU Broadband For Broadband Services
SingTel has partnered with Citigroup owned YOU Broadband to provide broadband services and international connectivity to small and medium sized businesses in India. Last year Singtel had bagged licenses for National Long Distance and International Long Distance services in India. (Read more at Business Line)
Press Council Of India Forms Sub-Committee To Deal With ‘Paid News Syndrome’
In a response to Sitaram Yechury’s Calling Attention Notice in the Rajya Sabha with regard to the issue of Paid News, I&B Minister Ambika Soni, among other things, has said that the Press Council of India has constituted a Sub-Committee to consider this issue and collect evidence from stakeholders, including the Election Commission of India