The family of Thaksin Shinawatra, the Thai prime minister, is trying to sell at least part of its telecom-to-airlines business -

The family of Thaksin Shinawatra, the Thai prime minister, is trying T to sell at least part of its telecom-to-airlines business in a deal that could raise up to $1.7 billion. Over the past few months, several telecom companies including Japan’s NTT DoCoMo, China Mobile and SingTel have been approached with offers to buy some or all of the family’s 49.6 per cent holding in Shin Corporation, the holding company it controls. Both NTT DoCoMo and China Mobile reportedly turned down the deal because of price concerns, leaving SingTel as the most likely suitor. The family’s most valuable asset is Shin Corporation’s 43 per cent holding in Advanced Info Service (AIS), Thailand’s largest cellular business. SingTel, which is controlled by state investment agency Temasek, owns a 21.4 per cent stake in AIS and has been looking to expand outside Singapore.

The family of Thaksin Shinawatra, the Thai prime minister, is trying to sell at least part of its telecom-to-airlines business

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Five years after the access deficit charge was introduced in the country ­ to compensate the state-owned Bharat Sanchar Nigam Limited (BSNL) for the expenses it incurred in fulfilling social oblig ations TRAI has decided to completely withdraw the levy.

Five years after the access deficit charge was introduced in the country to compensate the state-owned Bharat Sanchar Nigam Limited (BSNL) for the expenses it incurred in fulfilling social oblig ations TRAI has decided to completely withdraw the levy.