Airtel submits Rs 8000 crore more as AGR dues, including Rs 5,000 crore extra, subject to DoT reconciliation
The telco had earlier paid Rs 10,000 cr as AGR dues and it looks like the second tranche will be its final one.
Telcos owe around Rs 22,589 crore as licence fees; rest Rs 70k crore is interest, penalty
Telcos' unpaid licence fees amount to Rs 22,589 cr,...
Tata Group, Voda Idea make part payment towards statutory dues: DoT sources
With the government coming down heavily on telcos after the Supre...
Government approves up to 100 per cent FDI in Bharti Airtel
The approval comes few days before the company has to clear statutory liabilities of up to nearly Rs 35,586 cr.
Telecom dues: Curative petitions rarely admitted, say analysts
The top court dismissed review petitions filed by telcos against its October 24, 2019 order that asked for inclusion of non-telecom revenues for calculating AGR. Dues, which total to Rs 1.47 lakh crore for 15 telecom companies including Airtel and Vodafone Idea Ltd (VIL), as per the October order, have to be paid by January 23.
Airtel, Vodafone Idea remove cap on free outgoing calls to other networks
Both the telcos, on December 1, announced new plans under which call and data charges became dearer.
No proposal at present to waive penalty, interest on telco's licence fee dues: Telecom minister Prasad
"No such proposal is under consideration of the government as on date," Communications Minister Ravi Shankar Prasad said in a written reply to the Lok Sabha. He was responding to specific questions on whether the government proposes to provide a waiver for penalties and interest on the non-payment of license fee on AGRs by telecom operators.
Grant 3-year moratorium, extended timelines for payment of all dues: COAI to govt
COAI DG Rajan Mathews told that operators need "oxygen" and urged the govt to take a call on debt restructuring of all the dues that telecom operators owe to the govt. He said most 4G licences have 11-year validity left, and that the govt could pack in another 10 years, thus allowing operators to pay back all the outstanding dues spread over the entire licence period.
Bharti Airtel's board to discuss funding options on Dec 4
The company has informed the bourses that its board meeting on December 4 would consider a proposal to raise funds through issues of equity or bonds.
Aditya Birla Idea Payments Bank files for voluntary liquidation
Earlier, Aditya Birla Idea Payments Bank had announced winding up its biz due to unanticipated developments.
Telecom industry to consolidate further in 'no relief' scenario: Kotak Institutional
A 'no material relief' scenario would be an industry-structure-altering one.
How the Indian telecom industry is heading towards a duopoly
High fees, frequent policy flip-flops, and endless tax demands have driven most operators aground.
SC judgement on AGR could pave the way for a two-telco market
Analysts say Vodafone Idea's survival could face challenges, paving way for Jio & Airtel to take lead.
View: Government must act to help telcos
After the last straw, the government must have the courage to face the accusation and still act.
Telcos vs DoT AGR estimate divergence due to IUC accounting, duplication: Analysts
Bharti Airtel and Vodafone Idea recently calculated their AGR dues at Rs 13,004 crore and Rs 21,533 crore, respectively, way below the Rs 37,700 crore pegged for Airtel (including Telenor) and over Rs 53,000 crore for Vodafone Idea by the Department of Telecommunications.
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