Indus Towers downplays satellite internet impact on operations

“Based on our discussions with telecom operators, there are limitations and commercial constraints as far as satellite technology is concerned,” Prachur Sah, managing director and CEO of Indus Towers, said during a call with analysts on Thursday to discuss the January-March quarter earnings. “So, we don’t see any risk for the terrestrial networks in the…

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Govt to raise stake in Vodafone Idea to 48.99%, to convert spectrum auction dues into equity

Government of India’s Ministry of Communications have decided to convert Vodafone Idea Ltd’s outstanding spectrum auction dues into equity shares, increasing its stakeholding in the firm to 48.99 per cent, according to the exchange filing on Sunday, March 30. “It is hereby informed that Ministry of Communications, Government of India has, in line with the…

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Rework India’s investment treaty framework to attract FDI flows

Since its adoption in 2015, India has signed agreements with only five countries—Belarus (2018), Kyrgyzstan (2019), Brazil (2020), the UAE (2024) and Uzbekistan (2024), highlighting challenges in securing BITs with key trade partners and attracting foreign direct investment (FDI) flows. Annual FDI inflows have only marginally increased from $60.2 billion in 2016-17 to $70.9 billion…

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