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 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.
The government is planning to divest its residual 26.12 per cent equity in the Tata-owned Videsh Sanchar Nigam Ltd, now called Tata Communications. It is unlikely, however, that the government will decide to sell its entire residual stake in the stock market before it resolves the issue of the surplus land of around 773 acres that was kept outside the disinvestment process.
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.
Close on the heels of acquiring Tyco Global Network for about Rs 600 crore (Rs 6 billion), Tatas-controlled Videsh Sanchar Nigam on Thursday said it was open to acquisitions and takeovers for maintaining high growth momentum.
American IT firm Speedera Networks said on Thursday that it was gearing up to double its workforce of 40 professionals at its Bangalore development centre.
The view follows a detailed review of the matter by DoT since March this year, after Dayanidhi Maran, then communications minister, asked officials to provide details about the possibility of the Tata-owned VSNL being allowed to retain the land. This latest recommendation, made in September, comes despite the fact that the Cabinet Committee of Economic Affairs had, in December 2005, approved hiving off the land bank into a separate company.
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.
International long distance carrier Videsh Sanchar Nigam Limited on Friday urged the Telecom Regulatory Authority of India to scrap the access deficit charge as it was leading to smuggling of international calls.
The Mumbai crime branch has booked net4india chief executive officer Jasjit Sawhney for alleged illegal termination of international telephone calls on mobile networks, reportedly causing a loss of crores of rupees to licensed operators.
He is accused of illegally terminating international telephone calls on mobile networks, reportedly causing a loss of crores of rupees to licensed operators.
Internet gateway and service provider Videsh Sanchar Nigam Ltd and telecom service provider Asia Netcom has signed a strategic partnership
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.
Consequent to the Supreme Court's verdict on HPCL, BPCL divestment the government is understood to have halted the sale of its residual equity in privatised companies like Videsh Sanchar Nigam, IBP and IPCL.
Neotel, South Africa's second fixed line operator, intends to re-finance the debt with a long-term facility after 12 months.
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.
Tata-owned Videsh Sanchar Nigam Ltd said on Thursday it will invest $600 million to connect two international submarine cable networks.
To provide Internet access to travellers, Videsh Sanchar Nigam Ltd said on Wednesday it would set up cyber cafes at 68 major railway stations across the country.
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.
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
