Loop Telecom Pvt Ltd

Type: Company

Name: Loop Telecom Pvt Ltd

First reported May 16 2013 - Updated May 17 2013 - 2 reports

Crossholding in Same Telecom Circle May Go

The Department of Telecommunications (DoT) is working on a proposal to disallow crossholding by one telecom firm in a competing one in the same circle.Under the current rules, a promoter in a telco can acquire up to 9.9 per cent stake in another in the ... [Published Communications Today - May 17 2013]

Entities: Telecommunication, Vodafone Group Plc, Central Bureau of Investigation, Bharti Airtel Ltd

First reported May 03 2013 - Updated May 03 2013 - 1 reports

Govt expects to mop up Rs 31,589 cr as one-time spectrum fee

However, so far only Tata Teleservices (TTSL) has paid a part of the one-time spectrum charge, that too under protest, Minister of State for Communications and IT Milind Deora said in a written reply to the Rajya Sabha.Apart from one-time spectrum charge, ... [Published Firstpost.com - May 03 2013]

Entities: Milind Murli Deora, Telecommunication, Etisalat DB Telecom India PVT LTD, Loop Telecom Pvt Ltd

Quotes

Loop Telecom also said it was not a part of the 2G Scam. "The case is over interpretation of a Clause 8 of the UASL guideline which is at best a civil matter."

Essar, Loop deny violation of licence guidelines [Published Topnews.in - Jan 27 2012]

"I was told that they (telcom operators) have not sold it (stake) to stakeholders, they have sold it in a manner to dilute the equity of the promoters. Now if they have to roll-out (services), they require money and that money can be raised by the way of borrowing or by diluting equity" the prime minister said at a press conference

Was told telcos sold stake to finance roll-out: PM [Published Topnews.in - Feb 16 2011]

More Content

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Crossholding in Same Telecom Circle May Go [Published Communications Today - May 17 2013]
Crossholding in same telecom circle may go [Published Sify - May 16 2013]
Govt expects to mop up Rs 31,589 cr as one-time... [Published Firstpost.com - May 03 2013]
Surprise absentees in spectrum auction [Published Calcutta Telegraph - Oct 19 2012]
Court grants bail to Essar’s Ruia, Loop executives [Published Topnews.in - May 26 2012]
Loop Telecom to stop services outside Mumbai [Published Topnews.in - Apr 10 2012]
TRAI to release new guidelines for telecom firms [Published Topnews.in - Feb 14 2012]
2G scam: A chronology [Published Topnews.in - Feb 02 2012]
Court issues fresh summons to Essar, Loop execu... [Published Topnews.in - Jan 28 2012]
Essar and Loop officials fail to appear for 2G ... [Published Topnews.in - Jan 27 2012]
Essar, Loop deny violation of licence guidelines [Published Topnews.in - Jan 27 2012]
2G: CBI wants Loop, Essar tried along with othe... [Published Topnews.in - Jan 10 2012]
Was told telcos sold stake to finance roll-out: PM [Published Topnews.in - Feb 16 2011]
Supreme Court intervenes in the 2G probe [Published Topnews.in - Jan 11 2011]
DoT backs regulator's 2G plan [Published Topnews.in - Oct 04 2010]