Recent Highlights
All Stories for Telcos
Govt gets Rs 25,900 cr in AGR dues, asks telcos to make full payment; says no plan to set up anti-trust laws to curb cartelisation in telecom sector
• 5 years agoThe minister said the government has "again" directed the operators to make full payments of the AGR dues in a letter dated 4 March 2020.
DoT to write fresh letters to telecom companies, questions discrepancy in AGR dues math; seeks names of MDs
• 5 years agoThe 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
• 5 years agoThe 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 dues: Telecom companies owe around Rs 22,589 cr as licence fees; rest Rs 70k cr is interest, penalty
• 5 years agoThe licence fee is the major component of the total Rs 1.47 lakh crore AGR (Adjusted Gross Revenue) dues owed by both operational and non-operational telecom companies to the government till July 2019
AGR row: Setback for telcos, Supreme Court dismisses plea seeking review of verdict on Rs 1.47 lakh cr dues recovery
Fp Staff • 5 years agoThe Supreme Court Thursday dismissed the plea of Telecom majors, including Bharti Airtel and Vodafone Idea, seeking review of certain directions of the Supreme Court on recovery of past dues amounting to Rs 1.47 lakh crore from telecom service providers
AGR row: Telecom majors seek open court hearing in SC of their pleas for review of certain directions
• 5 years agoTelecom majors, including Bharti Airtel and Vodafone Idea, on Wednesday sought an open court hearing of their pleas seeking review of certain directions of the Supreme Court on the recovery of past dues amounting to Rs 1.47 lakh crore from telecom service providers
Part relief for telcos from 2-year spectrum moratorium but more measures needed, say analysts
• 5 years agoThe 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
Vodafone Idea CEO Ravinder Takkar says govt wants to see 3 private, 1 public sector telecom player
• 5 years agoA day after it posted a staggering Rs 50,921 crore loss for the September quarter, Vodafone Idea on Friday said it believes the government is aware of the "tremendous stress" being faced by telcos and wants a healthy sector with three private and one public operator
Vodafone Idea Q2 losses at Rs 50,921 cr; makes provision of Rs 25,680 cr for AGR liability
Fp Staff • 5 years agoTelecom 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
• 5 years agoBharti Airtel said that the apex court ruling has "significant financial implication on the company."