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2G Spectrum Case
The 2G spectrum case was a political controversy in which politicians and private officials of the United Progressive Alliance (UPA) coalition government India were allegedly involved in selling or allotting 122 2G spectrum licenses on conditions that provided an advantage to specific telecom operators. A. Raja, then Telecom Minister, was accused of selling 2G spectrum licenses at a very low cost which resulted in the loss of ₹1,760 billion (US$25 billion) in government revenue. Raja was also accused of not following rules and regulations as well as not recognizing any advice from the Ministries of Ministry of Finance (India), Finance and Ministry of Law and Justice (India), Law and Justice of India while allotting 2G spectrum licenses to telecom operators. Series of allegations were made on allotting 2G spectrum licenses including allegations from Central Bureau of Investigation after investigating the case alleging Raja for intentionally advancing the cut-off date (from 01/1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Progressive Alliance
The United Progressive Alliance (UPA; Hindi: Saṁyukta Pragatiśīl Gaṭhabandhan) was a Political group, political alliance in India led by the Indian National Congress. It was formed after the 2004 Indian general election, 2004 general election with support from left-leaning political parties when no single party got the majority. The UPA subsequently governed India from 2004 until 2014 for two terms before losing power to their main rivals, the Bharatiya Janata Party, BJP-led National Democratic Alliance. The UPA used to rule seven States and union territories of India before it was dissolved to form the Indian National Developmental Inclusive Alliance on 18 July 2023 ahead of the 2024 Indian general election, 2024 general election. History 2004–2008 UPA was formed soon after the 2004 Indian general election when no party had won a majority. The then ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) won 181 seats of 544, as opposed to the UPA's tall ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Etisalat
e&, formerly branded as Etisalat, is an Emirati state-owned telecommunications company. It is the 16th largest in the world by subscribers. On 31 December 2021, Etisalat reported consolidated revenue of AED 53.3 billion and net profits of AED 11.1 billion. The total market capitalization of the company currently is AED329 billion. In May 2023, Etisalat reported revenue of AED13 billion for Q1. Etisalat is one of the Internet hubs in the Middle East ( AS8966), providing connectivity to other telecommunications operators in the region. It is also the largest carrier of international voice traffic in the Middle East and Africa and the 12th largest voice carrier in the world. As of October 2008, Etisalat has 510 roaming agreements covering 186 countries and enabling BlackBerry, 3G, GPRS and voice roaming. Etisalat operates Points of Presence (PoP) in New York, London, Amsterdam, Frankfurt, Paris, and Singapore. In December 2011 Etisalat announced the commercial launch of Etisal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tata Teleservices
Tata Teleservices Limited along with its subsidiary Tata Teleservices (Maharashtra) Limited is an Indian internet services provider and IT services company headquartered in Mumbai, India. It is listed on BSE and NSE in India. History On 13 March 1995, Tata Tele (Maharashtra) Limited was founded as Hughes Ispat Limited, operating under the legal framework of the Companies Act of 1956. On 26 April 2000, the company changed its name to Hughes Tele.com (India) Limited to reflect its emphasis on broadband services. On 13 February 2003, the company underwent a name change to Tata Teleservices (Maharashtra) Limited. It currently operates as a subsidiary of Tata Teleservices Limited. In 2009, the company introduced mobile voice calling based on a pay per use model. According to Business Today Report, in November 2010, Tata Teleservices became the first private telecommunications operator to launch 3G services in India. Tata Teleservices operates a long fibre optic network spann ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sahara India Pariwar
Sahara India Pariwar (''pariwar'' being Hindi for "family") is an Indian conglomerate headquartered in Lucknow, Uttar Pradesh, India. The group operates business sectors such as finance, infrastructure & housing, real estate, sports, power, manufacturing, media & entertainment, health care, life insurance, educational institute, offline online education (edunguru), retail, E-commerce (online/offline shopping), electrical vehicle (sahara evols), hospital, artificial intelligence, hospitality, and co-operative society. The group has been a major promoter of sports in India and was the title sponsor of the Indian national cricket team, Indian national hockey team and Bangladesh national cricket team, Force India Formula One team among many other sports. Businesses Sahara India Pariwar was founded by Subrata Roy Sahara in 1978. In 2004, Sahara group was termed by the ''Time'' magazine as 'the second largest employer in India' after the Indian Railways. The group operates more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Batelco
Bahrain Telecommunication Company BSC, trading as Batelco (), is the principal telecommunications company in Bahrain. The company's headquarters are in Bahrain and the company is listed on the Bahrain Bourse. The Chairman of the Board is Abdulla Bin Khalifa Al Khalifa. It provides services for mobiles through UMTS 2100 and LTE 1800 (the GSM network was shut down on 31 December 2019) while its residential Internet is an ADSL, Wireless (4G/5G) or FTTH service. Batelco is one of Bahrain's five Internet service provider An Internet service provider (ISP) is an organization that provides a myriad of services related to accessing, using, managing, or participating in the Internet. ISPs can be organized in various forms, such as commercial, community-owned, no ...s. Ownership Batelco was established in 1981 as a Bahraini public joint stock company and has an authorized share capital of BD200 million (US$531 million). Batelco's major shareholders include Orascom Investment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
S Tel
S Tel Private Limited was a GSM based cellular operator in India. It was owned jointly by Chinakannan Sivasankaran. (51%) and Bahrain Telecommunications (49%). On 2 February 2012 Supreme Court of India cancelled all 122 spectrum licences granted during the tenure of former communications minister A Raja. Six licences of S Tel were cancelled, and Batelco sold its stake in S Tel. The sale was completed in late 2012. Controversy License cancelled by Supreme Court On 2 February 2012, The Supreme Court of India cancelled all 122 spectrum licences granted during the tenure of former communications minister A Raja, including the 6 licenses granted to S Tel. The Supreme Court of India also imposed a fine of 50 lakh on S Tel. Batelco sells stake On 8 February 2012, a few days after The Supreme Court ruling, Batelco sold its 42.7% share of S Tel to Sky City Foundation Ltd of India for 65.8 million Bahraini dinar (US$174.5 million). Batelco's Group Chief Executive Shaikh Mohamed bin Is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spice Telecom
Idea Cellular was an Indian telecommunications company based at Mumbai, Maharashtra. It was an integrated GSM operator and had 220.00 million subscribers as of June 2018. In 2018 Idea Cellular merged with Vodafone India into Vodafone Idea. History Idea Cellular was incorporated as Birla Communications in 1995 after GSM licenses were won in Gujarat and Maharashtra circles. The company name was changed to Idea Cellular and the brand Idea was introduced in 2002 after a series of name changes following mergers and joint ventures with Grasim Industries, AT&T Corporation and Tata Group. Following the exit of AT&T Corporation and Tata Group from the joint venture in 2004 and 2006 respectively, Idea Cellular became a subsidiary of Aditya Birla Group. Malaysia based Axiata had bought around 20% stake in the company in 2008 for US$2 billion. Idea previously bought a 40.8% stake in Spice Telecom, for over 2,700 crore. Merger with Vodafone India The entry of Jio in 2016 had le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MTS India
Mobile TeleSystems India (MTS India) was a telecommunications company headquartered in Delhi, India. It was a joint venture and Indian subsidiary of the Russian mobile operator MTS. The company provided wireless voice, broadband Internet, messaging and data services in India. MTS India was acquired by Reliance Communications (RCom) on 14 January 2016 in an all-stock deal, in which SSTL received a 10% share in RCom. SSTL was merged into RCom on 31 October 2017. History Sistema, the largest public diversified corporation in Russia, acquired a 10% stake in Shyam Telelink for a total cash consideration of US$11.4 million at the end of September 2007. Shantanu Telecom along with their partner Sistema had applied for UASL licence in 22 telecom circles of India. In August 2008, they got a pan-India start-up spectrum to start their mobile service operations in the country. They provide mobile services based on CDMA technology under the brand name MTS India and gave contracts to ZTE a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sistema
AFK Sistema PAO is a large Russian conglomerate company, founded by Vladimir Yevtushenkov, who was chairman of the corporation's board of directors until 2022. In April, Yevtushenkov's shareholding in Sistema has decreased to 49.2%, and he also stepped down from Sistema's board. Sistema has its headquarters in Moscow. The company's global depository receipts (GDRs) traded on the London Stock Exchange from 2005 until delisting in May 2023. It has been under US sanctions since November 2023. History In 1993, Evgeny Novitsky and Vladimir Yevtushenkov founded the holding company AFK Sistema, also known as Sistema JSFC, to group together several information technology (IT) and cell phone companies including MTS. Structure Sistema operates a number of consumer service businesses in the areas of: * IT and telecoms — Mobile TeleSystems, Moscow City Telephone Network, SkyLink, Sitronics (formerly known as 'Science Center Concern'), NIIME, Mikron, STROM telecom. * Banking — MT ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Videocon Telecom
Videocon Telecommunications Limited, formerly Videocon Mobile Services, was an Indian cellular service provider that offered GSM mobile services in India under the brand name Videocon. The company was a subsidiary of the Videocon Group, and was headquartered at Gurgaon, Haryana. Videocon launched its services on 7 April 2010 in Mumbai. At its peak, Videocon held licences to provide mobile services in 18 out of 22 telecom circles of India. However, Videocon launched commercial services only in 11 out of the 18 circles it held licences in. Following the 2G spectrum case, the Supreme Court cancelled 122 licences issued by the Indian Government in 2008, including 21 licences belonging to Videocon. In the 2012 spectrum auction, Videocon won back licences in 6 circles. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loop Mobile
Loop Mobile India Ltd, formerly BPL Mobile Communications, was an Indian mobile network operator. History BPL Mobile Communications, established in 1994, was India's first mobile network operator. It began commercial operations in 1995. The Khaitan Holdings Group purchased a 99% stake in the company at a cost of in 2005. BPL Mobile was renamed to Loop Mobile in March 2009. Having consistently met and exceeded Telecom Regulatory Authority of India benchmarks, Loop Mobile was ISO 9001:2008 certified in 2009, in accordance with the TUV NORD CERT auditing and certification procedures. On 18 February 2014, Bharti Airtel announced that it was acquiring Loop Mobile for , prior to that, a Chennai-based Information Technology Company, Zeesta IT Services MD Hemanth Raj, evaluated to acquire, however the deal did not materialize. The two companies had been in talks since mid-2013. Loop Mobile's 20-year licence in the 900 MHz band was due to expire in the last quarter of 2014, and t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
