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Bharti Infratel, Indus Towers extend deadline for merger to 24 February next year in absence of necessary govt approvals

In October this year, Bharti Infratel had extended the deadline for merger by two months to December 24 as regulatory uncertainty loomed over the deal.

Telcos have to pay Rs 1.47 lakh cr in past dues; no proposal to waive off interest, penalty: Ravi Shankar Prasad

To a question on penalty imposed on telecom companies, Prasad said the outstanding SUC dues of various telecom service providers as on 31 October 2019, added to Rs 55,054 crore.

Vodafone Idea Q2 losses at Rs 50,921 cr; makes provision of Rs 25,680 cr for AGR liability

Telecom operator, Vodafone India on Thursday reported a whopping loss of Rs 50,921 crore for the quarter ended September 2019, mainly hit by the Supreme Court's verdict on the Adjusted Gross Revenue (AGR)

AGR impact: Bharti Airtel posts highest-ever loss of Rs 23,045 cr in July-September quarter, says company hopeful of relief

Bharti Airtel said that the apex court ruling has "significant financial implication on the company."

DoT asks Vodafone-Idea, Airtel, other telcos to clear AGR dues within three months as per Supreme Court order

The Department of Telecommunications (DoT) has issued notice to telecom operators to pay their adjusted gross revenue (AGR) dues within three months as directed by the Supreme Court, according to an industry source

Supreme Court verdict on AGR a clear setback for telecom firms, but they long ignored warning signs

The Supreme Court verdict is also a shot in the arm for the government which is looking for additional resources

Govt revenue from telecom companies slips 22% in 2017-18 on dip in service providers' earnings

The government collects license fee and spectrum usage charge as a percentage of revenue earned by telecom service providers from sale of telecom services.

According to HSBC, India's spectrum proceeds way below target at $10-12 billion

Proceeds from spectrum auction are likely to top no more than $12 billion, falling way short of the government's target, as few companies have the money to justify the costs involved with varying demand for bands on offer, says a HSBC Global Research report.

COAI requests DOT for uniform spectrum charges

COAI has requested the DOT and the Telecom Commission to implement a uniform spectrum usage charge across all bands for the industry

Telecom industry urges slashing of spectrum usage charges further to 1 percent

Though the government has decided to reduce spectrum usage charges (SUC) to 3 percent of adjusted gross revenue from 5 percent made by telecom companies, the industry stakeholders on Tuesday urged the Department of Telecommunications to further reduce it to 1 percent.