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India's Odisha state pitches for iron ore licence for POSCO

2015-01-19 13:21:18| Steel - Topix.net

India's Odisha state wants New Delhi to grant an iron ore exploration licence to South Korea's POSCO for its proposed $12 billion steel plant in the state, seeking an exception to a rule mandating auctions for all new mines. Prime Minister Narendra Modi's government last Monday issued an executive order under which states will have to auction off mines to "remove discretion in grant of mineral concessions".

Tags: state iron ore licence

Fastnet Oil & Gas' option on Moroccan gas licence expires

2015-01-05 01:00:00| Hydrocarbons Technology

Fastnet Oil & Gas has decided not to exercise its option to farm into the Tendrara Lakbir Licence onshore Morocco, which expired on 31 December 2014.

Tags: option gas oil licence

MasMovil acquires Neo, gains 4G licence

2014-12-24 08:36:00| Telecompaper Headlines

(Telecompaper) Spanish telecommunications provider MasMovil Ibercom has announced the acquisition of business-focused telecoms operator Neo for an undisclosed amount. Neo is present in 25 Spanish provinces and 22 of Spain's largest metropolitan areas, covering 80 percent of the Spanish business sector and has a 4G licence for the whole country. It offers a full range of fixed, mobile, internet and cloud services, having been active for over ten years in corporate telecommunications. Under the terms of the deal, MasMovil has also obtained a right of first refusal to acquire the network infrastructure based on the 3.5 GHz frequency owned by the Neo-Sky group as well as its more than 100 LTE base stations. The deal comes just a week after MasMovil acquired Spain-based VoIP service UppTalk and its MVNO UppMobile. In July the company also acquired Xtra Telecom from The Phone House, a unit that includes the MVNO Happy Movil, as well as wholesale telecoms services provider Quantum Telecom. MasMovil's director Meinrad Spenger announced earlier in the year that the company was looking to become one of Spain's top five telecoms operators.

Tags: gains licence neo acquires

Play Cast Maldives receives cable TV licence

2014-12-17 16:00:45| Digital TV News

According to local reports, the Maldives Broadcasting Commission has issued a licence to Play Cast Maldives to provide cable TV services in the country. Trials are expected to begin in January, with full operations starting a few months after.

Tags: play cast cable receives