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Tag: agr
Vodafone Idea could sink even if given AGR relief, investors 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
investors
Indian Supreme Court explodes over telcos self-assessed AGR repayments
2020-03-19 01:00:00| Total Telecom industry news
Last week, the Department of Telecoms (DoT) advised the government it would recalculate the amounts owed by the telcos for their AGR dues, based on the telcos’ own self-appraisals. Vodafone Idea and Bharti Airtel have independently found their liability to be around half of that calculated by the DoT…read more on TotalTele.com »
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supreme
supreme court
Vodafone Idea dares to dream as India could reassess AGR dues
2020-03-13 01:00:00| Total Telecom industry news
Vodafone Idea and Bharti Airtel have been under fire this year as they struggle to pay the AGR dues imposed on them last year. Previous attempts to seek relief fell on deaf ears, despite the risk of Idea’s collapse subsequently turning the Indian telecoms market into a duopoly. Since the Supreme Court finally put its foot down and demanded payment last month…read more on TotalTele.com »
Tags: idea
india
dream
vodafone
Pay up by midnight: Indian Supreme Court forces DoT to call in AGR dues immediately
2020-02-14 01:00:00| Total Telecom industry news
The Supreme Court has forced the DoT to withdraw its order of prohibiting coercive action against Indian telcos for their unpaid AGR dues. Telcos will now have until midnight tonight to pay up or face the consequences – a deadline that could mean the end of Vodafone Idea…read more on TotalTele.com »
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COAI pleas for 1015-year schedule for telcos AGR dues
2020-01-31 01:00:00| Total Telecom industry news
The Cellular Operators' Association of India (COAI) is proposing a 10–15-year schedule for telcos to pay their debts to the Indian government. The adjusted gross revenue (AGR) debts levied last year run into the billions for companies like Bharti Airtel and Vodafone Idea…read more on TotalTele.com »