The Department of Telecom (DoT) said that the telecom sector is passing through a financial stress due to various circumstances and telecom services providers are making losses
The DoT has fixed 12 January for the pre-bid conference and 28 January as the last date for seeking clarifications on its notice.
DoT urges government portals, websites to conduct security audit, says China cyberattacks are increasing: Report
Reportedly, ever since the India-China clash and India banning Chinese apps, there have been up to 10,000 cyberattacks per day.
A potential investment by Google into cash-strapped Vodafone Idea (VIL), if materialises, will be a strategic positive for the Indian telecom operator, but a five percent stake would be still be inadequate to solve the telcos' debt problems, analysts said on Friday
Vodafone Idea shares surge nearly 35% on reports Google looking to make investment in embattled telco
At 10:52 AM, Vodafone Idea was at Rs 7.56 per share, up 29.9 percent.
GAIL said it had refuted the provisional assessment orders of DoT and sought its withdrawal.
The Department for Promotion of Industry and Internal Trade (DPIIT) has asked the telecom department and state-owned BSNL to put on hold the tender for setting up 4G network, valued at Rs 9,000 crore, after allegations emerged that the tender favoured foreign companies
Industry 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
AGR: Self-assessment of dues by Bharti Airtel, Vodafone Idea, Tatas Rs 82,300 crore short of DoT's math
Bharti 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
SC says self-assessment of AGR dues violation of order; telecom stocks plunge, Vodafone Idea plummets 35%
Hearing 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.
DoT's suggestion to give telcos 20 years for AGR payment to help resurrect financially stressed sector: COAI
The DoT has raised total demand of around Rs 53,000 core for AGR liability of VIL which included interest, penalty and interest on delay in payment of the amount
The Supreme Court on Monday dismissed a petition filed by Vodafone against the levy of one-time spectrum charges (OTSC)
Vodafone Idea had pegged its total dues to the government following a Supreme Court order at Rs 21,533 crore—less than half of what the Telecom Department has estimated,
Sunil Mittal asserts Bharti Airtel has made self-assessment, paid full AGR dues of around Rs 13,000 cr
The total payout by Bharti Airtel, however, is half of Rs 35,586.01 crore liability estimated by the DoT.
The government has so far received about Rs 26,000 crore from AGR payments, including adhoc/ buffer amounts given by telcos to meet any reconciliation differences with the telecom department
Govt detaches GAIL, OIL, other PSUs from AGR case after last month's Supreme Court order, says Union minister Sanjay Dhotre
The government has detached gas utility GAIL India, explorer Oil India and other PSUs from a Supreme Court order that had led to Rs 1.47 lakh crore being sought from telecom firms such as Bharti Airtel and Vodafone Idea in past dues, the Lok Sabha was informed on Wednesday
Vodafone Idea pays about Rs 3,043 cr to DoT towards deferred spectrum dues, Airtel Rs 1,950 cr; Jio makes payment of Rs 1,053 cr
Vodafone Idea too paid about Rs 3,043 crore towards deferred spectrum dues, as per the sources.
DoT to write fresh letters to telecom companies, questions discrepancy in AGR dues math; seeks names of MDs
The move assumes significance as the amounts paid by telcos so far, even those who have announced full and final settlement, is significantly less than DoT's AGR estimates.
AGR woes: Vodafone Idea, COAI push for urgent relief measures to survive crisis ahead of crucial DCC meet
The DoT sources said a lot would also depend on companies like Vodafone Idea making additional payments as the amount received so far from the company is only 7% of the DoT-calculated AGR dues of Rs 53,000 crore.
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.