Top Story


Home >> Advertising >> Article

VSNL reduces bandwidth rentals by 34 to 40 per cent

Font Size   16
VSNL reduces bandwidth rentals by 34 to 40 per cent

Videsh Sanchar Nigam Limited (VSNL) has decided to reduce the annual rental of international bandwidth for international private leased circuits (IPLCs) by 35 to 40 per cent.

It has also settled its outstanding dispute with FLAG Telecom and has allowed FLAG to sell its bandwidth capacity directly to ISPs with immediate effect and to international long distance (ILD) service providers from April 1, 2002.

However, FLAG will have to pay interconnect and access charges to VSNL. FLAG director South Asia Niraj Gupta also said that the company was waiting for VSNL to approach FLAG for deciding on the access charges before it starts selling directly to other companies.

VSNL has paid a special interim dividend of Rs 75 per share, adding up to a total of Rs 2,356 crore, including dividend tax. VNSL had presented a dividend cheque of Rs 1132.21 crore to Mr Mahajan for the 52.97 per cent shares of VSNL held by the government. Since October 2001, VSNL has paid a total dividend of Rs 3,926 crore, of which Rs 2,250 crore has been paid to the Government.

Source: Financial Express


Markus Noder, Managing Partner, Serviceplan International, shared innovative tools, ideas and methodologies to generate tangible business values

The primary reason that led to growth of OTT is the constant improvement of internet speed and service across the country: Sandeep Gupta, ACT Fibernet

Siddharth Kumar Tewary, Founder, Chief Creative, One Life Studios and Swastik Productions, on owning the IP on his most ambitious project 'Porus,' the risk of recovering its cost and his distribution strategy

Webscale plans to build the brand around smooth operations for the e-commerce sector and then move on to demand generation

The Tata Group is considering review of its Public Relations mandate which is currently handled by PR firm Edelman in association with Rediffusion. The review is likely to happen post January 2018.

KVL Narayan Rao, Group CEO, and Executive Vice Chairman of NDTV passed away at 63 after battling cancer for two years

Week 44 (October 29-November 4, 2017) of RAM Ratings saw Big FM and Fever FM dominating Mumbai. Meanwhile Fever, Radio City and Radio Mirchi dominated Delhi, Bangalore and Kolkata respectively.