AGR concerns: Vodafone Group's global CEO Nick Read plans to meet telecom minister Ravi Shankar Prasad
Even as the pressure on Vodafone Idea to pay the AGR dues is mounting, Read and chairman of Vodafone Idea Kumar Mangalam Birla had recently said that they were not keen to infuse any more equity in the firm.
The crucial meeting of Digital Communications Commission (DCC) on Friday could not arrive at a decision on relief to the distressed telecom sector and more details are required for reconciliation of AGR data, sources said
The Digital Communications Commission, the apex decision-making body at the telecom department, on Friday approved a Rs 5.22 lakh crore spectrum auction plan entailing 8300 MHz of airwaves across 22 circles and the sale is likely to take place in March-April
DCC approves Rs 3,050 cr penalty on Bharti Airtel, Vodafone Idea for attempted 'stifling' of Reliance Jio; telecom operators plan legal recourse
The incumbent telecom operators said they are exploring all options, including legal recourse, to protect their interest.
India expects to roll out commercial 5G services at par with leading markets of the world by 2020.