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AGR PROVISIONS
Budget 2023: Telcos want licence fee cut, input-tax credit refund"This (recommendations) will leave more funds with TSPs (telecom service providers) for expansion, increase liquidity, facilitate investmen...- Tata Tele opts for equity conversion; govt may get 9.5% stakeTata Teleservices has AGR dues of Rs 16,798 crore of which it has paid Rs 4,197 crore and had opted for the 4-year AGR and spectrum payment...
- Recent SC judgement on AGR disappointing; taking legal advice on review petition: Airtel CEO Gopal VittalAirtel, in its January plea, had said the errors in the DoT’s calculations of the AGR dues stem from duplication in revenue addition, incor...
- TDSAT dismisses ISP Netmagic’s plea against DoT’s AGR demandOrder a blow to all ISPs that will now have to pay dues like telcos; SC ruling covers internet cos, too: TDSAT
- Jio not liable for RCom AGR dues: Government“Shared operator TSPs (telecom service providers) cannot be saddled with the liability to pay the past dues of AGR (adjusted gross revenue)...
- NCLT to rule if spectrum can be sold under IBC: Supreme CourtThe court’s order on adjusted gross revenue (AGR) dues of telcos, pronounced Tuesday, comes as a breather to telecom companies under insolv...
- Reliance Jio informs Supreme Court it is not liable for Rcom's AGR duesAccording to legal sources, the affidavit filed in the top court ahead of Monday's AGR hearing , clarifies that the telecom government did ...
- Bharti Airtel ARPU rises in Q1, data consumption grows: Key takeawaysARPU for the quarter wast Rs 157 as compared to Rs 129 a year ago, led by full impact of the tariff hikes in the previous quarter alongside...
- Telcos vs DoT AGR estimate divergence due to IUC accounting, duplication: AnalystsBharti Airtel and Vodafone Idea recently calculated their AGR dues at Rs 13,004 crore and Rs 21,533 crore, respectively, way below the Rs 3...
- Bharti Airtel's board to discuss funding options on Dec 4The company has informed the bourses that its board meeting on December 4 would consider a proposal to raise funds through issues of equity...
- Airtel moves SC for government talks on AGRThe Sunil Mittal-led telco filed an application in the apex court earlier this week seeking modification of the court’s order of October 24...
- Care downgrades rating on Vodafone Idea's long-term bank facilities, NCDsThe downgrade is on account of significant erosion in the overall risk profile of the company.
- Voda Idea AGR dues could rise furtherVoda Idea has pegged its additional AGR liability at Rs 44,200 cr; dues that need to be paid in under 3 months.
- RCom posts India’s second biggest loss at Rs 30,142 croreThe company in a regulatory filing on Friday said that it had set aside Rs 28,314 crore on account of provisioning.
- Voda Idea, Bharti Airtel rally despite hefty Q2 losses: What analysts sayVodafone Idea has estimated a liability of Rs 44,150 cr post the apex court order.
- Voda Idea & Airtel post Rs 74,000 crore loss in Q2 on AGR provisioningAn executive at one of the telcos said these were “notional accounting losses” and not operating losses.
- Airtel flags ‘going concern’ risk after big Q2 loss; key takeawaysAirtel reported deferred tax benefit of Rs 8,932 crore that helped it pare some of the losses.
- Voda Idea, Airtel losses may widen on provisioningVodafone Idea and Airtel may need to cough up Rs 39,313 cr and Rs 41,507 cr, respectively.
- Budget wishlist: Telcos to seek relaxation in special auditsCOAI has prepared a list of demands to be submitted to the finance minister ahead of the budget preparation. ET has seen a copy of the list...
- 'Sale of unbundled telecom equipment not part of AGR'In a major setback to telecom operators, telecom regulatory authority of India (TRAI) suggested on Thursday that the revenue earned from th...
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