Airtel’s AGR burden likely to get heavier
The department of telecom is set to hold Bharti Airtel liable for some dues of Videocon tele and Aircel.
GAIL, Oil India & Power Grid caught off guard on AGR dues
Power Grid’s telecom revenue increased by 9.3 per cent year-on-year to Rs 663.3 cro...
Don’t delay AGR dues, clear doubts by December 13, government warns telecom companies
Govt puts the total dues at Rs 1.47 lakh crore. Industr...
ICRA maintains negative year-end outlook for telecom industry
The Oct 24 order by the top court on AGR has added to the woes of already distressed telcos.
India must have at least 3 private telcos, says Sunil Mittal
Sunil Mittal has termed the situation as 'dire' and seeks help from telcos, regulators and the apex court.
Vodafone Idea tumbles 9% as Birla warns of shutting shop in absence of govt relief
The stock was trading 8.89 per cent lower at Rs 6.66 apiece on the BSE.
AGR woes: Bharti Airtel board to discuss fund raising on December 4
Telecom operator Bharti Airtel would seek approval of its board on December 4 to raise an estimated USD 3 billion (around Rs 21,500 crore), ...
Bharti Airtel shares slip on rating concerns
The liabilities in the case of Bharti Airtel add up to nearly Rs 35,586 crore.
Order on AGR applies to all telecom licensees: Ravi Shankar Prasad
“While most of the licensees of DoT were not direct party to the dispute, the ratio of the judgement will be applicable on all the licensees,” said Ravi Shankar Prasad, answering a question in the Lok Sabha. This implies that companies with even minor telecom businesses may have to pay dues based on their entire revenue with retrospective effect.
Bharti Airtel to gain at cost of Vodafone Idea, say brokerages
The two firms have been lobbying together with the government for relief on payment of the statutory liabilities.
Reliance Jio may have to bear some of RCom’s AGR dues
Jio's dues will need to pay will include those on RCom’s spectrum that was part of the 2016 trading deal.
Crisis in the telecom sector casts shadow over 5G spectrum auction
Ernst & Young has estimated that it would cost $100 billion or so to launch 5G in India.
Vodafone Idea will shut shop if there is no government relief: KM Birla
Birla said the company will have to opt for insolvency route in the absence of relief from govt.
Telecom companies move Supreme Court, seek review on AGR verdict
Telecom majors, including Bharti Airtel and Vodafone Idea, moved the Supreme Court on Friday seeking review of certain directions passed in ...
Voda Idea AGR dues could rise further
Voda Idea has pegged its additional AGR liability at Rs 44,200 cr; dues that need to be paid in under 3 months.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service