Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
Bharti Airtel’s decision to charge higher tariff for voice calls through popular internet service providers such as Skype, Viber, Facebook messenger and Google hangouts has alerted the government which has decided to look into the matter.
The Government will look into Airtel’s plan to charge differential tariff for voice over internet protocol (VoIP) players who provide calling at normal data rates against the steep rates that operators charge.
“We will look into it. Government will come back with structured response,” Telecom Minister Ravi Shankar Prasad said on the sidelines of ‘Good Governance Day’ event organised by the Department of Electronics and Information Technology. Original post at ET Telecom