Vodafone Idea's long term viability remains under cloud, despite near-term liquidity support: Report
• 5 years agoThe $200 million fund infusion by British telecom giant Vodafone offers near-term liquidity support to Vodafone Idea, but longer-term viability remains under cloud, Credit Suisse has said
Vodafone Idea shares jump 9% as Vodafone Group makes about Rs 1,530 cr accelerated payment
• 5 years agoShares of Vodafone Idea Ltd ended over 9 percent higher on Thursday after British telecom giant Vodafone Plc said it has advanced infusion of $200 million (about Rs 1,530 crore) in its Indian joint venture with Aditya Birla Group, that is facing a humongous liability of past statutory dues
Vodafone Group makes Rs 1,530 cr payment to Vodafone Idea under 'contingent liability mechanism'
• 5 years agoVodafone Group on Wednesday said it has accelerated a payment of $200 million (about Rs 1,530 crore) to Vodafone Idea, due in September 2020, under the terms of the "contingent liability mechanism"
AGR dues: Govt is well aware of implications if relief not provided to telcos, says COAI
• 5 years agoIndustry body COAI on Friday said the government is well aware of implications of leaving the stressed telecom sector without a relief package, as it urged policymakers to use "tools" available to find appropriate solutions expeditiously
DoT issues fresh letter to telcos after Supreme Court rap on AGR dues payment; says no self-assessment to be considered
Fp Staff • 5 years agoThe DoT said that AGR dues calculated by the DoT and submitted to the court would be considered.
AGR: Self-assessment of dues by Bharti Airtel, Vodafone Idea, Tatas Rs 82,300 crore short of DoT's math
• 5 years agoBharti Airtel, Vodafone Idea and Tata Group's self-assessment of dues to the government are a whopping Rs 82,300 crore short of what the telecom department calculated after the Supreme Court's ruling on AGR
AGR dues: Telecom shares crack after SC pulls up Centre, telcos; Vodafone Idea plunges 40%, Bharti Airtel down 5%
• 5 years agoTelecom shares came crashing on Wednesday, led by Vodafone Idea which plunged 40 percent, after the Supreme Court pulled up the Centre and telcos for doing self-assessment or reassessment of the AGR dues fixed by the apex court
SC says self-assessment of AGR dues violation of order; telecom stocks plunge, Vodafone Idea plummets 35%
Fp Staff • 5 years agoHearing the Department of Telecommunications plea, a Supreme Court bench held that no further objections to its orders would be allowed against the Adjusted Gross Revenue (AGR) dues.
Supreme Court dismisses Vodafone's plea against levying one-time spectrum charges
• 5 years agoThe Supreme Court on Monday dismissed a petition filed by Vodafone against the levy of one-time spectrum charges (OTSC)
Govt gets Rs 25,900 cr in AGR dues, asks telcos to make full payment; says no plan to set up anti-trust laws to curb cartelisation in telecom sector
• 5 years agoThe minister said the government has "again" directed the operators to make full payments of the AGR dues in a letter dated 4 March 2020.