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2G Spectrum Case
The 2G spectrum case was a political controversy in which politicians and private officials of the United Progressive Alliance coalition government India were involved in selling or allotting 122 2G spectrum licenses on conditions that provided an advantage to specific telecom operators. A. Raja, then Telecom Minister, was accused of selling 2G spectrum licenses at a very low cost which resulted in the loss of ₹1,760 billion (US$25 billion) in government revenue. Raja was also accused of not following rules and regulations as well as not recognizing any advice from the Ministries of Finance and Law and Justice of India while allotting 2G spectrum licenses to telecom operators. Series of allegations were made on allotting 2G spectrum licenses including allegations from Central Bureau of Investigation after investigating the case alleging Raja for intentionally advancing the cut-off date (from 01/10/2007 to 25/09/2007) to favour some specific firms (Unitech Wireless and Swan ...
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United Progressive Alliance
United Progressive Alliance (UPA) is a centre-left political alliance of predominantly left-leaning political parties in India. It was formed after the 2004 general election with support from left-leaning political parties when no single party got the majority. UPA ruled India from 2004 till 2014. The largest party in UPA is Indian National Congress (INC). History 2004–2008 UPA was formed soon after the 2004 general elections when no party had won a majority. The then ruling Bharatiya Janata Party-led National Democratic Alliance (NDA) won 181 seats of 544, as opposed to the UPA's tally of 218 seats. The Left Front with 59 MPs (excluding the speaker of the Lok Sabha), the Samajwadi Party with 39 MPs and the Bahujan Samaj Party with 19 MPs were other significant blocks that supported UPA at various times. UPA did not achieve a majority, rather it relied on external support, similar to the formula adopted by the previous minority governments of the United Front, the ND ...
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Etisalat
Etisalat by e& is an Emirati-based multinational telecommunications services provider, currently operating in 16 countries across Asia, the Middle East and Africa. It is the 18th largest mobile network operator in the world by number of subscribers. In December 2020, Etisalat claimed to provide the world’s fastest 5G download speed at 9.1 Gigabits per second, a network which it has started rolling out in Dubai since 2017. Etisalat is the strongest brand in the Middle East and Africa, and the 4th strongest telecoms brand in the world. On 31 December 2021, Etisalat reported consolidated revenue of AED53.3 billion and net profits of AED11.1 billion. The total market capitalization of the company currently is AED329 billion. Etisalat is one of the Internet hubs in the Middle East ( AS8966), providing connectivity to other telecommunications operators in the region. It is also the largest carrier of international voice traffic in the Middle East and Africa and the 12th largest vo ...
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Tata Teleservices
Tata Tele Business Services Limited (TTBSL), formally known as Tata Tele Services Limited (TTSL), is an Indian broadband, telecommunications and cloud service provider based in Mumbai. It is a subsidiary of the Tata Group, an Indian conglomerate. It operated fixed line services under the brand name Tata Tele Broadband in various telecom circles of India. Tata Teleservices used to provide mobile services under Tata DoCoMo (GSM mobile operator, wireless broadband). In August 2017, Tata Teleservices sought to exit mobile network division due to large losses and debt, then sold its unit to Bharti Airtel in a debt free and cash-free deal and described as virtually free; Airtel will only pay a part of Tata Teleservices's unpaid spectrum payment liability. In November 2017, Tata Teleservices customers transitioned to the Airtel mobile network under an Intra Circle Roaming (ICR) arrangement. SIM cards and billing plans remained the same. The consumer mobile businesses of Tata Do ...
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Sahara India Pariwar
Sahara India Pariwar (''pariwar'' being Hindi for "family") is an Indian conglomerate headquartered in Lucknow, Uttar Pradesh, India. The group operates business sectors such as finance, infrastructure & housing, real estate, sports, power, manufacturing, media & entertainment, health care, life insurance, educational institute, offline online education (edunguru), retail, E-commerce (online/offline shopping), electrical vehicle (sahara evols), hospital, artificial intelligence, hospitality, and co-operative society. The group has been a major promoter of sports in India and was the title sponsor of the Indian national cricket team, Indian national hockey team and Bangladesh national cricket team, Force India Formula One team among many other sports. Businesses Sahara India Pariwar was founded by Subrata Roy Sahara in 1978. In 1978, Sahara group was termed by the ''Time'' magazine as ‘the second largest employer in India' after the Indian Railways. The group operates more ...
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Batelco
BTC is the primary telecommunications provider for the Bahamas, headquartered in Nassau, New Providence. It is partly government owned and offers telephone, internet and wireless services. BTC is an initialism for the Bahamas Telecommunications Company and offers telephone, internet and wireless services. In New Providence and Grand Bahama, it operates a GSM based EDGE, HSPA, HSPA+ and LTE network. Dual-class shares are 49% economic shares/49% voting shares of BTC are owned by the Government of the Bahamas, with 49% economic shares/51% voting shares owned by Cable & Wireless Communications and 2% economic shares in a national trust. History 1892- Late 1990s In 1892, a telegraph cable was laid between Jupiter, Florida and the western district of New Providence, coming ashore in Goodman’s Bay, Bahamas. The area then became known as "Cable Beach Cable Beach is a stretch of white sand beach on the eastern Indian Ocean and the name of the surrounding suburb in Broome, We ...
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S Tel
S Tel Private Limited was a GSM based cellular operator in India. It was owned jointly by Chinakannan Sivasankaran. (51%) and Bahrain Telecommunications (49%). On 2 February 2012 Supreme Court of India cancelled all 122 spectrum licences granted during the tenure of former communications minister A Raja. Six licences of S Tel were cancelled, and Batelco sold its stake in S Tel. The sale was completed in late 2012. Controversy License cancelled by Supreme Court On 2 February 2012, The Supreme Court of India cancelled all 122 spectrum licences granted during the tenure of former communications minister A Raja, including the 6 licenses granted to S Tel. The Supreme Court of India also imposed a fine of 50 lakh on S