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Central/South Asia - Developing Telecoms

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TTSL debt to be paid back by Tata Sons

TTSL debt to be paid back by Tata Sons

Tata Sons has stepped up to pay the lion’s share of Tata Teleservices INR100 billion ($1.4 billion) debt to the Indian government, despite Bharti Airtel being formally obliged to do so.

Edotco shelves Jazz tower buy in Pakistan

Edotco shelves Jazz tower buy in Pakistan

Axiata’s tower subsidiary Edotco has been denied regulatory permission for its planned acquisition of 13,000 towers from Pakistan Mobile Communications (PMC) for $940 million, forcing it to abandon the deal.

BSNL cleared for 4G spectrum holding

BSNL cleared for 4G spectrum holding

The government of India has approved the state-owned operator BSNL’s request for a holding of 2.1GHz spectrum as it prepares to launch a commercial 4G offering next year.