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SingTel
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ThinkEnv name change to Liongold Corp
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Sembawang_Joe
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29-Dec-2020 11:12
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dont know what is flat until i see ST today | ||||
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112233
Master |
29-Dec-2020 11:02
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To reveille ! Time to wake up hor. haha
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ffff152100ffff
Master |
29-Dec-2020 10:29
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full drop, no scrip, left 2.5 days
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Value_finder
Member |
29-Dec-2020 09:53
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Quite embarrassing to fail in first scrip dividend exercise. | ||||
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112233
Master |
29-Dec-2020 09:30
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another flaaaaaat day ? zzzzzzzzzzzzzzzzzz | ||||
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FATABA
Supreme |
29-Dec-2020 09:22
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As expected .....this is the LOOOOOOOOng India political process ......looooooongest democracy in the world " " has still not got the approval of the telecom minister, Ravi Shankar Prasad." " most likely by then ANOTHER election and another story . LOL This amount will be keeping in the can down the road ( Singtel has not pay out physicallly ...only provision ) Dyodd
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halleluyah
Supreme |
29-Dec-2020 09:07
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added some long............. | ||||
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Entropy72
Master |
29-Dec-2020 09:04
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If the TRAI penalty is overturned, Singtel can reversise its of provision SGD357m. | ||||
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Entropy72
Master |
29-Dec-2020 08:53
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Bharti Airtel, Vodafone Idea may get DoT relief on penaltiesIn fact, before the matter was sent to Trai for a review, a seven-member internal committee of DoT had rejected by 4:3 the regulator' s recommendation to levy the penalty and had left the final decision to the DCC.The department of telecommunications (DoT) is likely to finally reject the Telecom Regulatory Authority of India&rsquo s (Trai) recommendation to levy a cumulative penalty of Rs 3,050 crore on Bharti Airtel and Vodafone Idea for not providing points of interconnection to Reliance Jio in 2016 when it had commenced operations. Officials told FE that the view has gained currency that the time is not conducive for burdening the operators with financial penalty as they are financially stretched and have to pay their adjusted gross revenue dues. Further, since the government has now announced that the next round of auctions will be held in March, it doesn&rsquo t want to take any action upsetting operators which may constrain them from participating in the auctions. Since a new chairman has taken charge at Trai, there is also feeling that the regulator will not feel slighted and issue can be safely buried. Though on the insistence of the Trai, the Digital Communications Commission (DCC), the apex decision-making body of the department of telecommunications, had approved the penalty in July last year, the matter has still not got the approval of the telecom minister, Ravi Shankar Prasad. The DoT also feels that if the demand notices raised, Bharti and Vodafone Idea are sure to challenge it in the Telecom Disputes Settlement and Appellate Tribunal (TDSAT), and the government is not keen at this stage to enmesh itself in yet another legal tussle. Officials said the DCC had tried its best to get the matter sorted by asking the Trai to review the amount as the sector was under financial stress, but, unfortunately, the regulator stuck to its guns. In fact, before the matter was sent to Trai for a review, a seven-member internal committee of DoT had rejected by 4:3 the regulator&rsquo s recommendation to levy the penalty and had left the final decision to the DCC. To be sure, even a year back the DCC could have ignored the Trai&rsquo s recommendation and gone ahead with either scrapping the penalty or lowering the amount. This is because the Trai does not have powers to levy fines. It had suo motu issued the recommendation to the DoT based on a complaint by Reliance Jio. As a licensor the power to levy fines and or cancel licences lie with the DCC which may seek recommendations from the Trai, but in this case it was not so. In October 2016, Trai had recommended that a fine of Rs 50 crore be levied on Bharti Airtel and Vodafone each in 21 circles, while a similar amount be levied on Idea Cellular in 19 circles. Thus the penalty for Bharti and Vodafone was Rs 1,050 each, while for Idea it was Rs 950 crore. In August 2018, Vodafone and Idea merged and was christened Vodafone Idea. The Trai had recommended fines after it had issued show-cause notices to the three operators towards end-September 2016 after finding high level of congestion in their networks, leading to call failures made to and from Jio network beyond the permissible limits. The three incumbent companies in their defence had said that there is a 90-day period since the commercial launch of services by an operator for providing the demanded points of interconnect and they conformed to this deadline. They said it was unfair of Trai to monitor congestion levels on a daily basis and recommend a fine. Ideally, it should have measured congestion on a monthly basis, where the results would have been different. The quality of service norms prescribe that congestion level should not exceed beyond 0.5%, which means that of 1,000 calls not more than five should fail. The congestion level is different from call drops. In the former a call does not get connected whereas in the latter a call drops after it is connected. For call drop, the failure should not be more than 2%. The regulator has no powers to levy penalty on the operators who do not follow its directive. The maximum it can do is to chargesheet them in a civil court. |
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Entropy72
Master |
29-Dec-2020 08:39
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Airtel, Vodafone Idea may get relief from DoT in Jio interconnection issue: ReportThe Trai had recommended a penalty levy of Rs 50 crore on Bharti Airtel and Vi each in 21 circles while a similar amount was imposed on Idea Cellular in 19 circles, as per the publication. Hence, a fine of Rs 1,050 was imposed on Airtel and Vi each while for Idea it was Rs 950 crore.
NEW DELHI: In the backdrop of a huge backlog of AGR dues payment and the coming spectrum auctions, the Department of Telecommunications may reject the Telecom Regulatory Authority of India&rsquo s (Trai) recommendation to impose a fine of Rs 3,050 crore on Bharti Airtel and Vodafone Idea (Vi) for failing to provide points of interconnection to Reliance Jio in 2016, according to a Financial Express report.
Factors such as a lack of approval from the telecom and IT minister Ravi Shankar Prasad and the new telecom regulator may also indirectly help in providing relief to the telcos, the publication said. Additionally, the telecom department is also apprehensive about Airtel and Vi approaching the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) to challenge the demand notices. The Digital Communications Commission (DCC), the apex decision-making body of the telecom department, had approved the penalty amount last year in July after Trai&rsquo s insistence. The Trai had recommended a penalty levy of Rs 50 crore on Bharti Airtel and Vi each in 21 circles while a similar fine was imposed on Idea Cellular in 19 circles, as per the publication. Hence, a fine of Rs 1,050 crore was imposed on Airtel and Vi each while for Idea it was Rs 950 crore. In August 2018, Vodafone and Idea merged and was christened Vodafone Idea. The Trai had recommended the fines after observing a high level of congestion in networks of the three telcos, leading to call failures made to and from Jio networks. The telcos, however, contended that it was unjust to impose fines on the basis of daily monitoring of network congestion and it should have been monitored on a monthly basis instead. They also said they conformed to the 90-day notice period for providing the points of interconnection. Notably, the telecom regulator does not have the authority to penalize operators and it can only charge sheet them in a civil court. |
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Entropy72
Master |
29-Dec-2020 08:30
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Qatari telecom and Hutchison in talks to create Indonesia' s No. 2 carrierOoredoo aims for bigger market share in Southeast Asia' s top economy SHOTARO TANI, Nikkei staff writerDecember 28, 2020 23:07 JST
JAKARTA -- Qatari communications company Ooredoo is in talks with Hong Kong conglomerate CK Hutchison Holdings over a merger of their Indonesian telecommunications businesses, a deal that would create the country' s second-largest mobile network operator. Ooredoo said on Monday in a statement that it had entered into " an exclusive and non-legally binding memorandum of understanding" with Hutchison over the potential merger. The exclusivity period runs until the end of April, according to the statement. Ooredoo owns 65% of Indosat Ooredoo, Indonesia' s third largest telecommunications operator with 13% of market share in 2018, according to data from the country' s Ministry of Communication and Information Technology. The government of Indonesia also owns a 14% stake in the company. Indonesia 3 Hutchison, meanwhile, is the fourth largest telco operator and has 7% market share. State-owned Telekomsel is the market leader, controlling 60%. Ooredoo said in a statement that it " is in the early stages of assessing the merits" of a merger but stressed it had not entered any binding agreement. Hutchison also said it had not taken any decision on the potential merger. Indonesia has seen a surge in mobile data usage during the COVID-19 pandemic, as students were forced to take classes online and demand for streaming services shot up. With data demand still expected to continue to increase, mobile network operators will need to increase their infrastructure investment, a drag on the companies given that Indonesia is a vast archipelago with 17,000 islands. A potential merger of two Indonesia telco companies will lessen the burden of investment, especially as the country looks to move on to fifth-generation networks in the near future. Fitch Solutions had said in a report in May that a consolidation of the industry " will reduce duplication of new network investments, especially so given that all of the smaller operators are engaged in building out services outside of the main island of Java." It also said that a consolidation will allow coordinated rollouts of these networks, and ensure quicker expansion of connectivity in more rural areas. |
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halleluyah
Supreme |
28-Dec-2020 15:08
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hope the coming new ceo buy to support..... | ||||
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ffff152100ffff
Master |
28-Dec-2020 15:05
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Add some more, St.max always say add some more lot buy you 1 carton beer
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uiop1223
Supreme |
28-Dec-2020 14:59
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I already own sgx shares 😎
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uiop1223
Supreme |
28-Dec-2020 14:16
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SGX investors: win everyday due to trading. 😎 | ||||
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NT1825
Master |
28-Dec-2020 14:05
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Most big caps in green zone today, ST still shy not moving up. | ||||
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112233
Master |
28-Dec-2020 13:13
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still resting zzzzzzzzzzzz.
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Sembawang_Joe
Member |
28-Dec-2020 12:50
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flat as airport road today..................................... | ||||
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112233
Master |
28-Dec-2020 12:48
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Hmm. How does that affect Ants digital license ?
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Skynet4321
Master |
28-Dec-2020 12:25
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? What's the relationship arh
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