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BIF INDIA HOLDINGS
BIF slams SIM-binding directions for msg apps; calls for talks, pause on implementation timelinesBroadband India Forum has raised significant concerns regarding a new government directive. This rule mandates messaging apps remain linked...
Media bodies seek clarity from Supreme Court on mandate for self-declaration for adsSeveral industry bodies including AROI, INS, IAMAI, and BIF have filed impleadment applications in the Supreme Court regarding the self-dec...
British Columbia Investment picks up Rs 2,000 cr stake in Brookfield’s tower InvIT via block dealCanadian pension fund British Columbia Investment (BCI) has picked up a 4.8% stake in Brookfield’s tower infrastructure investment trust (I...
Brookfield to launch second tower InvIT OFS by month end; sells stake worth Rs2331 cr in firstAgainst the 182.2 million units on offer, representing a 7% stake, the OFS received bids for 150.2 million units. At the floor price of ₹15...
IndInfravit completes acquisition of 4 Brookfield road projects for USD 1 bnThe funding for the acquisition was through a rupee term loan, the issue of non-convertible debentures and the preferential issue of units ...
Telcos to push DoT, Trai to make OTTs share cost of 5G network infraThe telcos are set to draw the government and the sector regulator’s attention to the raging debate underway in the European Union (EU) and...
OTTs should compensate telcos for using infra: COAICellular Operators' Association of India (COAI), Director General, SP Kochhar said that the association, as part of draft telecom bill, has...
OTT communications service should be excluded from ambit of definition of telecom services: BIF on draft telecom BillThe draft bill includes OTT communication services, even though such players have no telecommunication network, BIF argued.
OTT communication, broadcasting, can't be termed as telecom services: BIFBroadband India Forum (BIF), representing tech companies, has said that over-the-top (OTT) communication services, broadcasting services an...
BIF calls for implementation of Cabinet decision on captive networks in ‘letter and spirit’In a statement to the press, the industry body said that such an action, if taken, will provide a “regulatory advantage to one side, more s...
CPP Investments to buy Brookfield’s India roads portfolio in Rs 9.3k crore dealOmers and German insurer Allianz are the other key shareholders of the IndInfravit Trust along with L&T Infrastructure Development Projects...
BSNL to migrate 30,000 wifi hotspots to PM-WANI framework by June: DoT officialIn a bid to fuel broadband internet proliferation across the country, the government, in December 2020, approved the setting up of public w...
Telecom, Big Tech firms spar over access to 5G spectrum in IndiaBharti Airtel and Reliance Jio say that any move to give non-telecom companies access to 5G spectrum bands without auction would put at ris...
WANI offers potential for over 20 million employment, entrepreneurship opportunities: BIFEven as indications suggest that mobile data tariffs may rise in the near future, the demand for floor tariffs on data services by the conc...
CCI approves Reliance's divestment of Jio tower assetsThe proposed transaction involves the acquisition of indirect control of RJIPL by Jarvis, the Competition Commission of India (CCI) noted i...
Broadband forum seeks lower 5G spectrum prices, change in auction designThe broadband industry body’s comments mirror those of telcos and other associations who have protested against the regulator’s price point...
Telecom lobbies team up to seek reservation of airwaves for 5GIn separate letters, COAI, GSMA and BIF will apprise the inter-ministerial group on the “importance of earmarking super-efficient sub-1GHz ...
Gammon Infra Q3 net loss at Rs 10.26 croreGammon Infrastructure Projects today reported a consolidated loss of Rs 10.26 crore for the quarter ended December 31, 2015.
Tax worries shape merger and acquisition negotiations between strategic buyers and sellerPE funds and strategic buyers are asking for indemnity bond or insurance from the seller to cover a tax demand that may emerge in the futur...
Gammon Infrastructure to divest nine projects to BIF India HoldingsGIPL has also divested its stake in Mumbai Nashik Expressway Ltd. The company held approximately 80 per cent stake in the firm.