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
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
AGR dues: Telecom companies owe around Rs 22,589 cr as licence fees; rest Rs 70k cr is interest, penalty
The 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
The announcement pertains to prepaid subscribers of Bharti Airtel and Bharti Hexacom in all service areas
TRAI unlikely to intervene in telecom tariffs, floor price for now; any call on issue to be taken later: Report
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.
Bharti Airtel's operational performance was also dragged down by a 16 percent rise in finance cost to Rs 212.65 crore (from Rs 182.74 crore) and forex losses.
Idea-Vodafone merger heralds new phase of tough competition in telecoms; bankers and content consumers may hold the key
In a sense, the Idea-Vodafone merger was a forced marriage of convenience because Jio hit the market when the UK-based giant was planning its own Indian IPO (initial public offering), and the merger was seen as a backdoor way for Vodafone to get listed
Interestingly, after 4G as India is looking hopeful for 5G, it is yet to catch up with its 4G internet speed.
What happened to Aircel was neither sudden nor unexpected; the rapid and unprecedented market consolidation is changing the workings of the telecom market like never before
Telecom world is gearing up for the next generation 5G technology, but still far off for most mobile users
Unlike 2G, 3G and 4G that focused on mobile phones, the promoters of 5G say it offers faster, more stable connections for cars, homes, factories and offices.
Mobile subscriber base reaches 97.54 crores in November 2017; Airtel takes the top spot with highest mobile subscriber base
The COAI data showed UP (East) circle remained at the top with total 8.49 crore subscribers, while Maharashtra remained at the second position.
Reliance Jio strikes 4G gold with RCom deal; will strengthen telecom major’s broadband and fibre cable play
The deal also means RJio trumped other competitors to get precious airwaves – at least one incumbent telecom company was also eyeing the spectrum cache of RCom.
The auditor found that Tata Teleservices had written off bad debt that resulted in understatement of its gross revenue by Rs 1,026.01 crore.
Airtel adds 10 lakh new customers in September, others lose more than 29 lakh subscribers: COAI data
Bharti Airtel continues to hold the top position, with 29.8 percent market share -- subscriber base of 28.2 crore.
Huawei and Telenor successfully trial Lean BCCH solutions in India to help offer affordable broadband
Mobile telecom operator Telenor and Huawei Telecommunications India on Thursday announced successful trials of 'Lean BCCH' solutions in the country.
Four private telecom operators, including Idea Cellular and Vodafone, lost 43.7 lakh customers while Bharti Airtel added 6 lakh new users in July 2017
At an average speed of 52.6 Mbps, Norway has the fastest mobile internet connection in the world: Ookla
In only 13 months, Norway has jumped from 11th to first place on the list of world best providers of fast Internet connection, Xinhua reported.
Out of the total non-compliant mobile sites, 69 belong to Bharti Airtel and its subsidiary
The group, comprising officials from the finance and telecom ministries, was set up after concerns about the financial stress in the industry.
The task of the IMG is to examine systemic issues affecting viability and repayment capacity in the telecom sector and furnish recommendations for resolution.