A golden share means that the government would sell its 26.12 per cent stake in the company and in return ask for a single share with controlling stake.
Tatas-owned Videsh Sanchar Nigam Ltd on Friday completed the acquisition of undersea cable network company Tyco Global Network, a move that would provide VSNL more bandwidth for providing connectivity to carriers and other businesses like IT and BPO.
Videsh Sanchar Nigam Ltd has tied up with Australia-based telecommunications carrier Pipe Networks to lay a new submarine cable linking Australia to Guam.
Videsh Sanchar Nigam Ltd and Cable & Wireless have tied up to provide enhanced global connectivity services to Indian corporate customers in the IT-enabled Services segment.
Tatas-controlled Videsh Sanchar Nigam Ltd on Wednesday got clearance from a US government agency for acquisition of undersea cable assets of Tyco Global Network (TGN) for $130 million.
Internet gateway and solutions provider Videsh Sanchar Nigam Ltd has selected US-based Tekelec to manage its long distance signalling, inter-carrier and SMS traffic.
In a setback to Videsh Sanchar Nigam Ltd, telecom tribunal TDSAT on Monday upheld the TRAI order on reduction of bandwidth prices and asked the regulator to implement the order immediately while dismissing the petition of VSNL.
The cables dovetail into VSNL's plans to build a global submarine cable system connecting India. \n\n
Videsh Sanchar Nigam Ltd has launched Tata Indicom Total Internet, an integrated solution, even as it has sought regulatory approvals for bandwidth price reduction on three of its connectivity modes.
Videsh Sanchar Nigam Ltd's Chennai-Singapore submarine cable project might encounter a speed-breaker, making it difficult to meet the 2004-end deadline.
Telecom major Videsh Sanchar Nigam Ltd on Monday said all issues with Reliance Infocomm over Flag Telecom
Having made two major overseas acquisitions, Tatas owned Videsh Sanchar Nigam Ltd is looking for further acquisitions to add to its services and customers base.
In a move that could hot up the telecom war, Anil Ambani owned Reliance Infocomm has accused Videsh Sanchar Nigam Ltd of killing the competition in bandwidth market by creating both price and non-price barriers.\n\n
Call centres are recognised as a separate class of service providers falling under the category of 'Other Service Providers' and should be exempted from access deficit charges on traffic routed to them, according to Videsh Sanchar Nigam Ltd.
Videsh Sanchar Nigam Ltd, the Internet services provider, has launched a corporate data product, 'Tata Indicom Bandwidth-On-Demand' for its leased line customers in the country.
Telecom company Videsh Sanchar Nigam Ltd has filed a lawsuit against the central government at Bombay High Court, seeking a compensation of Rs 2,560.72 crore (Rs 25.6 billion) for premature termination of its international long distance monopoly.
Internet gateway and service provider Videsh Sanchar Nigam Ltd and telecom service provider Asia Netcom has signed a strategic partnership
FLAG Telecom, a Reliance group company has denied media reports alleging that it has resorted to high pricing impacting the growth of Indian business process outsourcing units and information technology enabled services.
Amid reports that its chairman Christopher Bland has sought Indian government's help to resolve a bandwidth-related dispute with VSNL, British Telecom said it is engaged in a mutually beneficial dialogue with VSNL.
Large enterprises fuelled by the boom in IT and outsourcing services will drive the demand for telecom services in India, but the country must improve the quality of its corporate data services, IT research firm Gartner said.
Citi Group on Wednesday clarified that it owns 2.1 per cent equity stake in Tata-controlled Videsh Sanchar Nigam Ltd, which is less than 4.2 per cent that it had earlier reported with the US Securities and Exchange Commission.
The Tatas-controlled Videsh Sanchar Nigam Ltd on Monday announced that it has set up international headquarters in Singapore as part of plans to expand business beyond India.
Videsh Sanchar Nigam Ltd may have to take a hit of upto Rs 80 crore (Rs 800 million), with the Tatas-owned company losing a substantial ISD traffic originating from telecom PSU Bharat Sanchar Nigam to Reliance Infocomm.
The months-long row between Tatas-owned Videsh Sanchar Nigam Ltd and Reliance-controlled FLAG Cables over the bandwidth issue was resolved on Wednesday.
SBI Capital Markets Limited, the merchant banking arm of SBI, is eyeing the twin accounts of HPCL and BPCL for managing the divestment programmes of the 2 oil cos.
