Telecom

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Telecom - Total results - 1332
AGR: Self-assessment of dues by Bharti Airtel, Vodafone Idea, Tatas Rs 82,300 crore short of DoT's math
Business

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

AGR dues: Telecom shares crack after SC pulls up Centre, telcos; Vodafone Idea plunges 40%, Bharti Airtel down 5%
Business

AGR dues: Telecom shares crack after SC pulls up Centre, telcos; Vodafone Idea plunges 40%, Bharti Airtel down 5%

Telecom shares came crashing on Wednesday, led by Vodafone Idea which plunged 40 percent, after the Supreme Court pulled up the Centre and telcos for doing self-assessment or reassessment of the AGR dues fixed by the apex court

Reliance Jio opposes BSNL, MTNL suggestion; PSU telcos seek to exempt from minimum rates for phone calls, data services
Business

Reliance Jio opposes BSNL, MTNL suggestion; PSU telcos seek to exempt from minimum rates for phone calls, data services

Reliance Jio has opposed the suggestion of BSNL and MTNL to exempt telecom operators having less than 15 percent market share from minimum rates for phone calls and data services

Supreme Court dismisses Vodafone's plea against levying one-time spectrum charges
Business

Supreme Court dismisses Vodafone's plea against levying one-time spectrum charges

The Supreme Court on Monday dismissed a petition filed by Vodafone against the levy of one-time spectrum charges (OTSC)

Vodafone Idea pays Rs 3,354 cr to govt in AGR dues, claims principal amount fully paid now
Business

Vodafone Idea pays Rs 3,354 cr to govt in AGR dues, claims principal amount fully paid now

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,

AGR liabilities at Rs 21,533 cr as per self-assessment, says Vodafone Idea; Group CEO Nick Read meets telecom minister
Business

AGR liabilities at Rs 21,533 cr as per self-assessment, says Vodafone Idea; Group CEO Nick Read meets telecom minister

Vodafone Idea on Friday said its adjusted gross revenue (AGR) liabilities stand at Rs 21,533 crore as per its self assessment, and that the calculation of dues has been filed with the telecom department

Govt asks Bharti Airtel, Vodafone Idea, other telcos to pay balance AGR dues without delay: Report
Business

Govt asks Bharti Airtel, Vodafone Idea, other telcos to pay balance AGR dues without delay: Report

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
Business

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

AGR dues: Govt receives Rs 15,896 cr payment from telcos; balance amount pegged at Rs 1,30,440 cr, says Union minister Sanjay Dhotre
Business

AGR dues: Govt receives Rs 15,896 cr payment from telcos; balance amount pegged at Rs 1,30,440 cr, says Union minister Sanjay Dhotre

The government has received Rs 15,896.5 crore payment from telecom companies towards AGR liabilities, placing the remaining dues at Rs 1,30,440.4 crore, the Lok Sabha was informed on Wednesday

Nearly 81% employers feel new income tax regime not to benefit staff; communication with employees to become biggest challenge: Survey
Business

Nearly 81% employers feel new income tax regime not to benefit staff; communication with employees to become biggest challenge: Survey

They also fear the new income tax regime will deter employees from taking up voluntary benefits from their employers, and this will force those drawing higher incomes to look for other investment options.

Free voice calls no excuse for poor service quality, will not pass regulatory muster, says TRAI chief
Business

Free voice calls no excuse for poor service quality, will not pass regulatory muster, says TRAI chief

TRAI officials conduct standard tests on roads, trains and other busy spots and any operator found to be giving poor service is punished, said Chairman RS Sharma

AGR dues: No decision on relief to telcos at Digital Communications Commission meet
Business

AGR dues: No decision on relief to telcos at Digital Communications Commission meet

The crucial meeting of Digital Communications Commission (DCC) on Friday could not arrive at a decision on relief to the distressed telecom sector and more details are required for reconciliation of AGR data, sources said

AGR-hit Vodafone Idea wants 7-8 times hike in mobile data tariffs, call rates to enable company pay statutory dues
Business

AGR-hit Vodafone Idea wants 7-8 times hike in mobile data tariffs, call rates to enable company pay statutory dues

Vodafone Idea has demanded fixing minimum tariffs for mobile data at Rs 35 per GB, around 7-8 times of current prices, and for calls at 6 paise per minute along with monthly charges from 1 April to enable it pay statutory dues and make its business sustainable

AGR dues: Telecom industry body COAI rings alarm bells; asks govt to ease terms for payment, cut in licence fee
Business

AGR dues: Telecom industry body COAI rings alarm bells; asks govt to ease terms for payment, cut in licence fee

Industry body COAI has sent out a distress signal to the government seeking easier terms for payment of statutory dues by telcos, including extension of loans at lower rates to cover AGR liabilities, as also fast implementation of floor prices, to rescue the troubled sector

AGR woes: Bharti Airtel has financial capacity to withstand  $5 bn payout in statutory dues, says Moody's
Business

AGR woes: Bharti Airtel has financial capacity to withstand $5 bn payout in statutory dues, says Moody's

Moody's Investors Service said on Wednesday said Bharti Airtel has the financial capacity to withstand a payout of $5 billion in statutory dues

DoT seeks Rs 7,608 cr from GAIL in dues for FY18; Rs 1.83 lakh cr assessment not being pressed
Business

DoT seeks Rs 7,608 cr from GAIL in dues for FY18; Rs 1.83 lakh cr assessment not being pressed

The DoT has sought Rs 7,608 crore in dues from GAIL India for 2017-18 as the department appeared to be not pressing for immediate payment of Rs 1.83 lakh crore in past dues it had previously assessed from the state-owned gas utility

AGR issue: Nobody wants to kill telecom sector, says SBI chairman Rajnish Kumar
Business

AGR issue: Nobody wants to kill telecom sector, says SBI chairman Rajnish Kumar

With the telecom firms staring at a massive Rs 1.47 lakh crore of AGR dues, SBI chairman Rajnish Kumar on Monday said "nobody wants to kill the sector"

Bharti Infratel extends deadline for merger with Indus Towers by two months
Business

Bharti Infratel extends deadline for merger with Indus Towers by two months

Bharti Infratel on Monday extended the deadline for its merger with Indus Towers by two more months to 24 April, but cautioned that final call on scheme implementation will be taken by the board based on assessment of telecom crisis and its impact

Jio introduces new Rs 2,121 prepaid plan that offers 1.5 GB daily data for 336 days
News & Analysis

Jio introduces new Rs 2,121 prepaid plan that offers 1.5 GB daily data for 336 days

Jio has also removed its old annual prepaid plan "New Year 2020" that was priced at Rs 2,199.

AGR issue an 'unprecedented' crisis for telecom sector dealt with by govt, says Bharti Airtel Chairman Sunil Mittal
Business

AGR issue an 'unprecedented' crisis for telecom sector dealt with by govt, says Bharti Airtel Chairman Sunil Mittal

Mittal on Wednesday said the telecom sector has been under stress for the last three-and-a-half years and the government should focus on its sustainability