wordpress blog stats
Connect with us

Hi, what are you looking for?

Telecom digest: BSNL-MTNL merger options, content regulation, lack of spectrum & More

DoT weighing BSNL-MTNL merger options The Department of Telecom is considering whether to de-list MTNL (Mahanagar Telephone Nigam Limited) and merge it into BSNL (Bharat Sanchar Nigam Limited) or listing BSNL and then finalizing the merger swap ratio based on the valuation of the two companies, reports the Economic Times. The government is likely to run with the first option, as BSNL has accumulated losses upwards of Rs 30,000 crore which would make it difficult to get a decent valuation for the company on its own. MTNL is also currently facing Rs 14,600 crore in debt, a problem for the DoT since BSNL is unlikely to take on MTNL’s debts post-merger. However, MTNL is currently expecting a Rs 4534 crore refund from DoT for its share of 4G airwaves and is also planning to surrender its CDMA rights in the 800MHz band to further reduce debt. TRAI chairman Rahul Khullar wants DoT M&A guidelines reworked During a recent ‘open house’ discussion with the telecom industry on pricing of airwaves in 1800 Mhz and 900 Mhz bands, TRAI chairman Rahul Khullar was critical of the mergers and acquisitions guidelines laid out by the DoT pointing out they did not facilitate consolidation, reports the Economic Times. While the new M&A rules had raised the cap on the market share of a merged company in a circle from 35% to 50%, they had retained the clause that required buyers to pay market-linked spectrum prices for spectrum that came with any acquisition, increasing the…

Please subscribe/login to read the full story.
Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?

News

After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples

News

In the case of the ‘deemed consent' provision in the draft data protection law, brevity comes at the cost of clarity and user protection

News

The regulatory ambivalence around an instrument so essential to facilitate data exchange – the CM framework – is disconcerting for several reasons.

News

The provisions around grievance redressal in the Data Protection Bill "stands to be dangerously sparse and nugatory on various counts."

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ