Recent Highlights
All Stories for Sunil Mittal
Sunil Mittal asserts Bharti Airtel has made self-assessment, paid full AGR dues of around Rs 13,000 cr
• 5 years agoThe total payout by Bharti Airtel, however, is half of Rs 35,586.01 crore liability estimated by the DoT.
Telecom sector under stress for three-and-a-half years; govt needs to focus on industry's sustainability: Sunil Mittal
• 5 years agoThe telecom industry, he said, is vital to the nation and the digital agenda of the government.
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 • 5 years agoThe 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.
Vodafone Idea's losses widen to Rs 6,439 cr in December quarter; AGR-hit telco flags 'material uncertainty'
• 5 years agoVodafone Idea (VIL) ability to continue as a going concern is essentially dependent on a positive outcome of its modification application in the Supreme Court on the AGR matter and any relief from the Telecom Department on payments
India has always been open to multilaterism; many countries are too self-focussed, says Sunil Mittal
• 5 years ago"The last 24 months has seen countries being more concerned about their own needs with every man for himself," Mittal said at WEF 2020
World's cheapest, biggest telecom market faces life-threatening crisis; industry favours TRAI intervention to fix floor price
• 5 years agoWith 1 gigabyte (GB) of mobile data costing just $0.26 compared to $12.37 in the US and $ 6.66 in the UK, India in 2019 emerged as the nation with the cheapest telecom tariff in the world.
Airtel to invest Rs 20,000 cr despite economic slowdown; Sunil Mittal seeks govt support for faster clearances
Fp Staff • 5 years agoEarly this month, Bharti Airtel's board had approved raising $4 billion through equity dilution and debt funding.
Bharti Airtel to gain at cost of Vodafone Idea as it has better balance sheet strength, say brokerages
• 5 years agoBharti Airtel expects industry revenues to start growing again due to recent tariff hikes, and expects industry revenues to surpass $50 billion (timeline unspecified) as opposed $30 billion at present, per company.
Fitch Ratings places Bharti Airtel on 'rating watch negative' on Supreme Court ruling
• 5 years agoFitch Ratings has placed Bharti Airtel Ltd on 'rating watch negative' over unpaid regulatory dues arising from a recent Supreme Court ruling
SC verdict on AGR: Hope govt takes 'balanced approach' to ensure telecom sector's long-term viability, says Bharti Airtel
• 5 years agoA day after a panel of secretaries was formed to suggest ways to mitigate financial stress in the telecom sector, Bharti Airtel on Wednesday said it is in the best interest of all parties to formulate a "constructive mechanism" to ensure that large levies, including AGR, can be addressed in a "fair manner"