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…
The battle for net neutrality – the principle that all traffic travelling across the Internet should be treated equally at all stages – isn’t over. There’s good news, for example, ecommerce bluechip Flipkart publicly changing its stand on net neutrality.
But profound dangers remain. The very strength of Internet – it’s a vast global network – also makes it uniquely vulnerable to access manipulation. This vulnerability is greater because mobile phones have displaced personal computers as the main Internet access point for consumers.
Telecom companies can easily create access barriers, keep competition out, give unfair advantage to established Internet businesses and harm both innovation and consumer welfare. Technology entrepreneurs ET spoke to were unanimous in their view that keeping Internet free was crucial for both consumers and business. Click here to read the original post at ET Telecom