Spectrum
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Moderate participation expected in spectrum auctions; telecom industry's debt to elevate at Rs 4.6 lakh cr in FY21: ICRA
Fp Staff •Rating agency ICRA expects moderate participation for the upcoming spectrum auctions at Rs 55,000-Rs 60,000 crore due to the limited financial flexibility of the industry
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.
DoT likely to add Videocon dues of Rs 2,041 cr to Airtel's AGR bill; may not include Aircel's liabilities in Sunil Mittal-led telco
Fp Staff •The DoT has pegged Airtel’s AGR dues at around Rs 35,586 crore, Videocon’s liabilities at 2,041 crore and Aircel’s dues at Rs 11,950 crore.
Digital Communications Commission clears Rs 5.22 lakh cr spectrum sale plan; auction in March-April
•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
Vodafone Idea, Bharti Airtel and Jio announce increase in tariffs; three leading telecom players hike rates by up to 42%
Fp Staff •On Sunday, three of the country's largest telecom operators — Vodafone Idea, Bharti Airtel and Reliance Jio — announced a hike in their tariffs.
TRAI unlikely to intervene in telecom tariffs, floor price for now; any call on issue to be taken later: Report
Fp Staff •TRAI 's views on the issue said that making any fresh move on floor prices or intervention does not make sense at this point, given that operators have already announced plans to hike tariffs in coming days, according to sources.
Vodafone Idea, Bharti Airtel shares tumble on reports of secretary panel on telecom bailout package disbanded
•Shares of Vodafone Idea and Bharti Airtel tumbled on Tuesday, with the former plunging up to 11.7 percent, following reports that the committee of secretaries constituted to look at a relief package for the debt-laden and loss-making sector has been wound up
Secretary panel on telecom bailout package disbanded after govt allows telcos two-year relief on spectrum charges
•With the Cabinet allowing telecom operators to defer payments due for airwaves bought via auction until the end of March 2022, a committee of secretaries constituted to look at relief package for the debt-laden and loss-making sector has been wound-up, a top source said
Part relief for telcos from 2-year spectrum moratorium but more measures needed, say analysts
•The government's decision to grant two-year moratorium on spectrum payments to telecom companies will provide near-term cash flow relief, especially to Vodafone Idea, but the move by itself may not be enough to address leverage concerns of the troubled telcos, leading analysts said
SC ruling on AGR: Telecom industry body COAI ignores Jio's protest; seeks waiver of all past statutory dues for Airtel, Vodafone Idea
•Jio says COAI shot off the first representation to the government on 30 October without waiting for its comments.