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Etisalat takes Rs 4,000-cr charge against Indian operations
A day after Bahrain Telecommunications said it was exiting its Indian joint venture (JV), Emirates Telecommunications (Etisalat) announced today it was writing off Rs 4,048 crore ($827 million) as part-losses incurred from its India operations. This came in the wake of the recent Supreme Court order which cancelled 21 licences of its Indian JV. This move by Etisalat, the leading telecom operator from

Etisalat writes off $827 mn, evaluates India options
/New Delhi, Feb 9 (IANS) Abu Dhabi-based telecom firm Etisalat Thursday wrote off its investments worth $827 million in the mobile company Etisalat DB and said the company is evaluating its strategic options in India.

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Etisalat takes $827 mln charge against Indian ops

Emirates Telecommunication Corp Ltd (Etisalat) wrote off the value of its Indian operations on Thursday, booking an $827 million impairment charge, after India ordered 122 telecoms licences to be

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LawMin seeks AG's opinion on apex court 2G order

The government will take a final call on challenging the Supreme Court’s order cancelling 122 2G licences issued in January 2008 by telecom minister A Raja only after it receives Attorney

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Bahrain's Batelco sells India venture after telecom scandal

Bahrain Telecommunications Co (Batelco) has agreed to sell its 43 percent stake in Indian affiliate S Tel for $175 million, in the first foreign exit since India scrapped 122 telecoms licences last

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Tatas to file review petition, takes different argument

Breaking its silence after the Supreme Court cancelled three of the company’s CDMA licences, Tata Teleservices Limited (TTL) on Monday said it would go for a review petition against the

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Diwali goods that Tihar should...

Etisalat Videos

Chidambaram guilty in telecom ...
Chidambaram guilty in telecom scam: Subramanian Swamy

Anil Ambani appears before PAC
Anil Ambani appears before PAC

CBI interrogates Shahid Balwa
CBI interrogates Shahid Balwa

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