Russ Elliott in his man-cave COVID-19 workspace. (Photo courtesy of Russ Elliott)

When a buddy of Russ Elliott‘s asked if he’d join him in starting a telecom company, he flat out said no. While his friend had been a great help building a website he needed, the venture didn’t have any financial backing and Elliott wasn’t versed in internet connectivity.

But when his friend took the unusual step of sending him a motivational postcard — something with an iceberg and a corny message about not knowing what’s out there unless you took a risk — it played on his mind. Elliott had an MBA. He had drive. He decided to embrace the inspirational cliché.

With that, some 20 years ago Elliott helped launch what became a successful business in Colorado called Brainstorm Internet, serving as its president for 13 years.

“We were nimble and quick and had smart people on

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Warren Buffett’s Berkshire Hathaway sold $29 million of stock in Liberty Global. Shares of the video, broadband, and communications company have been underperforming the S&P 500.


Johannes Eisele/AFP via Getty Images

Warren Buffett’s

Berkshire Hathaway

trimmed its investment in Class A shares of

Liberty Global,

a video, broadband, and communications company.

Berkshire Hathaway (ticker:

BRKb

) sold 1.3 million Class A Liberty Global (LBTYA) on Sept. 4 for $29 million, an average price per share of $22.31 each. According to a form Buffett’s firm filed with the Securities and Exchange Commission, Berkshire Hathaway now owns 18 million Class A shares of Liberty Global, whose brands include Virgin Media and Telenet.

Berkshire Hathaway didn’t respond to a request for comment on the stock sale.

As of June 30, Buffett’s firm also owned 7.3 million of Liberty Global’s class C shares, which trade under the ticker LBTYK and are

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New Delhi, September 13

The AGR verdict will allow companies to move ahead with certainty on business plans, and the DoT must now focus on steps to make the sector profitable and attractive to investors through ease of business measures as well as lowering of “onerous” duties and levies, industry think tank Broadband India Forum (BIF) has said.

BIF has also urged the Department of Telecom (DoT) to take quick decisions on a spate of recommendations which have already been forwarded by the sector regulator including major ones like public Wi-Fi networks for broadband proliferation.

BIF said any delay in decision-making on TRAI’s recommendations comes at an “enormous economic cost” at a time when the country has set its sights on massive digital transformation.

The Adjusted Gross Revenue (AGR) verdict has brought in finality to the statutory dues issue, and the industry can now move on with business plans, BIF

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It says that any delay in decision-making on TRAI’s recommendations comes at an “enormous economic cost” at a time when the country has set its sights on massive digital transformation.

The AGR verdict will allow companies to move ahead with certainty on business plans, and the DoT must now focus on steps to make the sector profitable and attractive to investors through ease of business measures as well as lowering of “onerous” duties and levies, industry think tank Broadband India Forum (BIF) has said.

BIF has also urged the Department of Telecom (DoT) to take quick decisions on a spate of recommendations which have already been forwarded by the sector regulator including major ones like public Wi-Fi networks for broadband proliferation.

BIF said any delay in decision-making on TRAI’s recommendations comes at an “enormous economic cost” at a time when the country has set its sights on massive digital transformation.

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