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Vodafone warns against Indian termination fee cut

first_img Jio profit soars on subscriber gains Previous ArticleSmartwatch leads Fitbit portfolio refreshNext ArticleAirtel Payments Bank reaches 2M card milestone Jio to acquire 800MHz spectrum from Airtel for $204M Tags Author Chris Donkin Reliance jioVittorio ColaoVodafone Group Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved… Read more center_img Asia Vodafone Group CEO Vittorio Colao (pictured) warned cutting mobile termination fees in India would unfairly benefit Reliance Jio over operators which had made long-term investments to develop the country’s infrastructure.In a letter to India’s minister of communication Manoj Sinha, reported by Financial Times, Colao urged the government to resist pressure from Reliance Jio to cut the charges below the current level – which he said already stood below the cost of processing incoming calls.Market newcomer Reliance Jio frequently hit out at the policies of India’s largest operators Bharti Airtel, Vodafone and Idea Cellular over what the company perceives as unfair business practices. In recent months the company made a number of statements proposing the scrapping of termination charges within the country.Following an event hosted by regulator TRAI in July, news website Live Mint reported the newcomer outlined its case for eliminating the charge as – it said – the cost of connecting the calls was almost zero. It added eliminating the fee would allow operators to reduce consumer prices.At the same meeting, its rivals said reducing the fee would result in a decline in investment and instead proposed increasing the charge. HomeAsiaNews Vodafone warns against Indian termination fee cut AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 29 AUG 2017 India research company bullish on operator ARPU Relatedlast_img read more

Mark and Tara Rein purchase 3 more prospects for Eric Lamaze

first_img Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition! Email* More from News:MARS Bromont CCI Announces Requirements For US-Based RidersThe first set of requirements to allow American athletes and support teams to enter Canada for the June 2-6 competition have been released.Canadian Eventer Jessica Phoenix Reaches the 100 CCI4*-S MarkPhoenix achieved the milestone while riding Pavarotti at the inaugural 2021 CCI4*-S at the Land Rover Kentucky Three-Day Event.Tribunal Satisfied That Kocher Made Prolonged Use of Electric SpursAs well as horse abuse, the US rider is found to have brought the sport into disrepute and committed criminal acts under Swiss law.Washington International Horse Show Returns to TryonTIEC will again provide the venue for the WIHS Oct. 26-31 with a full schedule of hunter, jumper and equitation classes. We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding. Horse Sport Enews SIGN UP Canadian entrepreneur Mark Rein and his wife, Tara, have doubled their investment with 2008 Canadian Olympic champion Eric Lamaze and his Torrey Pines Stable.Having partnered with Lamaze in March to purchase three international show jumping prospects, the couple’s Rein Family LLC has further invested in three more exciting horses. Falco de Tatihou, Corazon, and Delicalato v/h Marienshof have all moved to Lamaze’s European training base in Écaussinnes, Belgium.Falco de Tatihou is a five-year-old approved Selle Français stallion (Ogrion des Champs x JPC Modesto) purchased from the breeder, Philippe Noel. In addition to being developed for the top level of the sport, Falco de Tatihou will continue to be available for breeding. He marks the first stallion that Torrey Pines Stable will stand at stud.Watch a video of Falco de Tatihou in Saint-Lô in 2019:“I have never seen a five-year-old horse that is so athletic, so level-headed, and with natural instincts that usually take years to teach a horse,” said Lamaze, who has earned Olympic gold, silver, and bronze medals for Canada. “This is an exceptional horse, not only as a show jumping prospect but as a breeding stallion as well. He is literally the best five-year-old that I have ever come across in my career.”Corazon is a seven-year-old bay Brandenburg mare sired by Cormint and discovered by British-based horse agent Lexi Carter. A light and modern type, the mare competed in young horse classes and at the Fédération Equestre Internationale (FEI) one-star level with Dutch rider and former owner Don Willemsen in 2019.Watch Corazon winning her first young horse final HERE:“Lexi suggested the horse to me after seeing it in Holland,” explained Lamaze of the purchase process. “Due to the borders being closed, I asked my good friend [Canadian Show Jumping Team veteran] Chris Pratt who is based in The Netherlands to try the horse for me. After reviewing the video, I realized that this was more than just a good horse, it is a star! I’m really looking forward to bringing this horse along.”The most experienced of the three, Delicalato v/h Marienshof, is a 12-year-old grey Dutch Warmblood gelding (Calato Z x Indorado) also sourced by Carter. The horse has an extensive record competing at the two and three-star level in 2019 under the saddle of Swedish rider Sofia Westborg.Watch video of the 1.50m debut of Delicalato v/h Marienshof in 2019 HERE:“This will be an exciting horse for Mark and Tara to have,” said Lamaze. “After a few small shows to get started, the horse will quickly move up to the higher levels. Mark and Tara know our sport well, and it will be fun for them come to shows and see it competing in the big classes. I think they will be especially thrilled with this horse.”In March, the Reins partnered with Lamaze to purchase Gatrona, a nine-year-old bay Dutch Warmblood mare (Canturano x Numero Uno); Egelund’s Miss Unique, an eight-year-old bay Danish Warmblood mare (Numero Uno x Cajus); and Huriosa, an eight-year-old bay Dutch Warmblood mare (Cardento x Furioso II).Mark and Tara Rein first met Lamaze over 30 years ago when Lamaze was living and training in the Schomberg, ON, area. Now based in North Carolina, a love of the sport runs deep in the Rein family with Tara competing in the hunter/jumper divisions alongside two of their three children.“We’ve been so excited by the progress of the first three horses we bought in March that is was easy to say yes to these three,” said Mark Rein. “You can’t help but think of the future potential when you see these horses jump.”“I have known Mark and Tara for a long time and since we decided to partner together on some horses, they have been very supportive,” said Lamaze. “Every time I come across a horse that I feel has great potential, they are quick to work with me to buy it and are always excited about a new project coming into our stable. Their contribution to the business is something I very much value as it has allowed us to acquire horses of great quality.”While focused on the continued expansion of the Torrey Pines Stable sales business, Lamaze is simultaneously pursuing his competitive goal of representing Canada at the rescheduled 2020 Tokyo Olympics.“Tokyo being rescheduled to a year later is not the worst thing for me, personally,” said Lamaze, 52, who has competed at the past three consecutive Olympic Games. “The horses I am aiming for Tokyo could use another year in the saddle.”When international show jumping competition will resume remains to be seen after the global COVID-19 pandemic brought sporting events to an abrupt halt in March.“We are all looking forward to the shows starting again but we can’t start competing until the safety of the athletes and the support and management teams can be upheld,” stated Lamaze. “Safety must be the highest priority and needs to come first. In the meantime, we are enjoying the opportunity to train at home and are taking our time getting to know the new horses.”With bases in Wellington, Florida, and near Brussels, Belgium, Lamaze’s Torrey Pines Stable is a large training and sales business specializing in international sport horse sales. For more information, visit Tags: Eric Lamaze, Torrey Pines Stable, show jumping, Mark and Tara Rein, Falco de Tatihou, Corazon, Delicalato v/h Marienshof, last_img read more