Hang-up for cellular firms

Article Abstract:

India's deregulation of telecommunication services in an attempt to counteract India's existing poor phone service, which was just 22 lines per every 1,000 people in 1998, has many cellular companies feeling threatened. New government regulation that states that fixed-line companies are now able to operate wireless-in-local-loop (WILL) networks, and anyone who meets basic requirements and is able to pay a set fee is allowed to start a fixed-line phone company, is being disputed by Cellular Operators Association of India before the Telecom Disputes Settlement Appellate Tribunal.

Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Government regulation, COMMUNICATION, Communications, Broadcasting and Telecommunications, Communications Programs, Laws, regulations and rules, Telecommunications services industry, Telecommunications industry, Social policy, Deregulation, Telecommunications policy, Cellular Operators Association of India

---

Enron power plant rejects state's payment

Article Abstract:

Dabhol Power Corp., an Indian power project of Enron Corp., has rejected the Maharashtra State Electricity Board's (MSEB) $29 million dollar check, responding with a 4 page letter to misrepresentations, along with a comment that the payment was made in protest. Dabhol has called on federal-government guarantees in order to cover the overdue bills.

Strategy & planning, Government expenditures, Electric Utilities, Electric Power Generation, Transmission and Distribution, Electric services, Management, Dabhol Power Co., Maharashtra State Electricity Board

---

Investor appetite for India

Article Abstract:

MindTree Consulting PLC has received $14.4 million in funding from Capital Group. The Indian software consulting company plans to use the funds to expand in Europe and Asia, thus reducing dependence on the U.S. Venture capital in India has dropped overall this year as technology firms have slumped globally.

United States, Europe, Prepackaged software, Computer Software, Software Publishers, Receipt of funds, Venture Capital Companies, Miscellaneous Intermediation, Asia, Investors, not elsewhere classified, Use of Funds, Computer software industry, Software industry, Software, Finance, MindTree Consulting Private Ltd., Capital Group Inc.

Similar abstracts:

• Abstracts: Sega could ditch its game consoles for cellular phones. Enron makes its move. Matsushita looks to Mexico
• Abstracts: Looking for value funds. Ready for Japan's recovery
• Abstracts: New exchanges test Europe's old markets. Euronext reports 6.3% profit growth. Euronext affirms plan to launch IPO this year
• Abstracts: PLDT fans look to tariffs; a rise in phone rates would boost stock price. PLDT profit disappoints
• Abstracts: Endesa's net profit rose nearly 11% in the first half. Endesa net rises by 20%, beating expectations. International Power posts profit

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.