In a letter to Telecom Minister Kapil Sibal, Tata Communications chairman Subodh Bhargave gave a summary of the sequences of events since 2005, which also have concurrence of two directors nominated by the government.
The Tata-controlled Videsh Sanchar Nigam Limited has come under sharp criticism from American companies who have complained about the restrictive policies adopted by it on international bandwidth access.
Three telecom giants, Mahanagar Telephone Nigam, Videsh Sanchar Nigam and Telecommunications Consultants India Ltd have formed a joint venture and got licence to offer basic telephony.
Tata Teleservices MD, Charles Anthony, has called it quits.
The government on Friday said it had started talks with Japanese auto major Suzuki for offloading its remaining equity in joint venture Maruti Udyog Ltd.
This new service will compete with several other providers, including Reliance Communications. But VSNL officials were upbeat about their offering.
Earlier, the Telecom Commission, a decision-making arm of the Telecom Ministry, had recommended that the government pick up a majority stake in the special purpose vehicle created to execute the sale of surplus land lying with VSNL (now Tata Communications).
A VSNL statement at the Bombay Stock Exchange said that the completion of the transaction is subject to a number of conditions precedent and is expected to be over in next few weeks.
Reliance Infocomm chief Anil Ambani is understood to have raised a number of issues, including interconnection in telecom
The United States has accused Tata group company VSNL (Videsh Sanchar Nigam Ltd) of impeding competition for American companies in the bandwidth market by resorting to unacceptable pricing mechanism.
VSNL has agreed to acquire Tyco Global Network, one of the world's most advanced and extensive submarine cable systems for $130 million.
Videsh Sanchar Nigam (VSNL), which was on Wednesday rechristened as Tata Communications, will invest over $2 billion, or Rs 8,000 crore, in the next three years for global expansion plans. The company will make the investments in submarine cables, network expansion and rolling out of WiMax services.
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.
Videsh Sanchar Nigam Ltd and AT&T have entered into an agreement to jointly offer Multi-Protocol Label Switching platform-based networking services in India, including ATM, Frame Relay and secure Internet Protocol dial services.
Videsh Sanchar Nigam Ltd said on Tuesday it is studying FLAG Telecom's claim of a monetary relief of about 406 million dollar and will file its response with the Tribunal in due course.
Reliance Communications-owned FLAG system has won a case against Tatas-owned Videsh Sanchar Nigam Limited in the International Court of Arbitration, which makes it eligible for upgrading capacity of international bandwidth.
Lashing out at the United States Trade Representative, Videsh Sanchar Nigam Limited on Monday expressed concern over the transparency of its 2006 Report, especially the section dealing with telecom sector in India.
Internet and telephony major Videsh Sanchar Nigam Ltd is gearing up to provide India-centric managed services to international customers
Videsh Sanchar Nigam Ltd has forged a strategic alliance with Microsoft Corporation India Pvt Ltd for venturing into the web conferencing market.
Debunking a government charge about forming a cartel, India's top three private telecom players - Bharti, Reliance Infocomm and Videsh Sanchar Nigam
Videsh Sanchar Nigam Ltd on Monday announced the acquisition of Teleglobe International Holdings, a provider of wholesale voice, data, IP and mobile signalling services.
