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Tag: agr
India provides relief for telecom sector; approves 4-year moratorium on AGR dues
2021-09-16 02:00:00| Total Telecom industry news
The Union Cabinet of India has approved a four-year moratorium on dues for the telecom sector, as well as rationalised the controversial definition of Adjusted Gross Revenue (AGR). This much-anticipated and awaited move comes as a massive relief to Communications Service Providers (CSPs)…read more on TotalTele.com »
Tags: india
sector
relief
telecom
Pay in full: Indian Supreme Court gives operators no relief on AGR dues
2021-07-23 02:00:00| Total Telecom industry news
Back at the start of 2020, the major operators in India found themselves with found themselves faced with the unenviable task of paying billions of dollars to the Department of Telecommunications (DoT) regarding AGR fees. Reliance Jio, who faced the smallest sum, quickly paid off its dues, leaving rivals Bharti Airtel and Vodafone challenging the courts over how much and when they would be required to pay. Now, not for the first time, India’s Supreme Court has rejected pleas from the operators to recalculate the amount owed to the government…read more on TotalTele.com »
Confusion over 10% AGR payment deadlines for Indian telcos
2020-09-22 02:00:00| Total Telecom industry news
At the start of the month, India’s Bharti Airtel and Vodafone Idea breathed a sigh of relief after the Supreme Court relented, allowing them a decade to pay off their AGR dues, which total billions of dollars. But…read more on TotalTele.com »
Tags: payment
indian
confusion
deadlines
Indian Supreme Court rejects calls for AGR payment recalculation
2020-07-21 02:00:00| Total Telecom industry news
Since the start of 2020, the AGR dues demanded by the Indian government have been wreaking havoc in the domestic telecoms sector, with the fees tallying in the billions of dollars, virtually crippling Vodafone Idea and dealing a major blow to Bharti Airtel. Idea has repeatedly threatened collapse, with parent company Vodafone loathe to infuse it with more funds…read more on TotalTele.com »
Tags: court
payment
calls
indian
Vodafone Idea could sink even if given AGR relief, invstors fear
2020-07-09 02:00:00| Total Telecom industry news
Unnamed officials told the Economic Times (ET) today that Vodafone Idea has lost around 20 million subscribers to its competitors in the last two quarters, with company investors reportedly very nervous about Idea’s ability to compete. The company’s subscriber base had reportedly dropped to 291 million at the close of the March quarter…read more on TotalTele.com »
Tags: idea
fear
relief
vodafone