December 13th, 2023 6:01 PM 0 COMMENTS

Slovakian Telco SWAN to Expand 5G, Build Optical Networks With New Investment

Slovak telecommunications operator SWAN, operating under the name 4ka, is gearing up to expedite its 5G and optical network expansion plans, following a substantial investment from the Marguerite fund. In a blog post on Tuesday, SWAN announced that the Luxembourg and Paris-based Marguerite has become a significant minority shareholder, injecting 50 million euros into the company. This infusion is intended to support growth plans, particularly for building its own telecommunications... Read More

May 27th, 2009 10:26 AM 7 COMMENTS

ETISALAT-SWAN GETS NOC TO BUY ALLIANG INFRA

Swan Telecom (Etisalat-Swan) has bought out Allianz Infratech, marking the first acquisition among the new companies who were given telecom licenses last year. Etisalat-Swan has also got a ‘no-objection certificate’ from Department of Telecom (DoT) for the deal, which is estimated to be worth a few hundred crores. Allianz had applied for telecom licenses on a pan-India level, but was given permission to launch services in only two circles —... Read More

March 13th, 2009 1:54 PM 0 COMMENTS

TRAI RECOMMEND 3YEAR LOCK-IN FOR NEW OPERTAOR

Amidst the controversial sale of stake by two new telecom operators, Swan and Unitech at a huge premium,TRAI has now recommended a 3 year lock-in period for stake sale by companies,which have recently got licences, in a bid to prevent them from making windfall gains overnight. Last year, DoT had suggested that existing telecom licensing norms be amended and a 3 to 5 year lock-in be imposed on the sale... Read More

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