Day: June 17, 2024
Vodafone Idea Dues to Indus Towers, Will Sell Entire Indus Towers Stake
According to sources familiar with the matter, reported on June 14 that Vodafone Group is considering selling its entire $2.3 billion stake in Indus Towers, a mobile-tower operator, through block deals next week. Vodafone holds a 21.5% stake in Indus Towers through various group entities. The report indicated that the final transaction size might be […]
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DoT Prioritizes Telecom Act 2023 in its Updated Agenda
The updated 100-day agenda of the Department of Telecommunications (DoT) will focus on establishing key departmental rules to implement the landmark Telecom Act, 2023, officials announced. Many aspects of the Act cannot be enforced until these rules are notified. The rules in question pertain to spectrum allotment, including satellite communications, with the terms of reference […]
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BharatNet Phase 3 Tender: BSNL Extends Tender Deadline to June 28
Bharat Sanchar Nigam Limited (BSNL) has postponed the bid submission deadline for the Rs 65,000 crore BharatNet Phase-III tender for the fifth time. The new deadline for submission is June 28, with bids to be opened on July 1. The tender was initially rolled out in February with an original deadline of April 2. However, […]
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BSNL Land Monetization: Land in Kondapalli, Tuni, and Palakol to be E-Auctioned
The Bharat Sanchar Nigam Limited (BSNL) has announced the sale of its land in Kondapalli near Vijayawada, Tuni, and Palakol through an e-auction as part of its strategy to monetize surplus land parcels and buildings. The reserve price for the land in Tuni has been set at ₹12.94 crore, while for Palakol and Kondapalli, it […]
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