Examples of Designated Telecommunication Licensee in a sentence
However, in certain circumstances, an Acquiring Party that becomes a 12% Controller of a Designated Telecommunication Licensee could have the ability to use its Voting Shares or Voting Power in a manner that would substantially lessen competition or in a manner that is contrary to the public interest.
Every Designated Telecommunication Licensee must adopt reasonable procedures for monitoring changes in the Voting Shares and Voting Power in the Designated Telecommunication Licensee.
In addition to the requirements specified in this Section 10 of this Code, if an acquisition of Equity Interests or Voting Power in a Designated Telecommunication Licensee, Designated Business Trust, Designated Trust, or Regulated Person involves a Licence Assignment, the Designated Telecommunication Licensee or Regulated Person must also comply with the applicable provisions relating to Licence Assignments in the licence granted by IMDA.
IMDA will presume that a person that holds Voting Shares or is in a position to control Voting Power of less than 5% in a Designated Telecommunication Licensee does not have the ability to use such interest in a manner that would substantially lessen competition or in a manner that is contrary to public interest.
IMDA will presume that an Acquiring Party that becomes a 12% Controller of a Designated Telecommunication Licensee is not likely to have the ability to exercise Effective Control over that Designated Telecommunication Licensee.
IMDA will presume that a person that holds Voting Shares or is in a position to control Voting Power in a Designated Telecommunication Licensee of at least 5%, but less than 12%, is not likely to have the ability to use such interest in a manner that would substantially lessen competition or in a manner that would be contrary to public interest.
Every Acquiring Party and the Designated Telecommunication Licensee must comply with this Sub-section 10.3 in connection with the acquisitions of Voting Shares or Voting Power in the Designated Telecommunication Licensee.
Every Acquiring Party and the Designated Telecommunication Licensee must comply with the following provisions in connection with acquisitions of Voting Shares or Voting Power in the Designated Telecommunication Licensee.
IDA will presume that a person that holds Voting Shares or is in a position to control Voting Power of less than 5% in a Designated Telecommunication Licensee does not have the ability to use such interest in a manner that would substantially lessen competition or in a manner that is contrary to public interest.
IDA will presume that an Acquiring Party that becomes a 12% Controller of a Designated Telecommunication Licensee is not likely to have the ability to exercise Effective Control over that Designated Telecommunication Licensee.