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AGR REDUCTION
DoT retains backhaul spectrum pricing, rejects Trai's cut proposalTelecom operators face continued high costs for backhaul spectrum as the Department of Telecommunications rejects regulator Trai's proposal...- Vodafone Idea raises Rs 1,182 crore from promoter Aditya Birla GroupVodafone Idea secured Rs 1,182 crore from promoter Aditya Birla Group via warrants, a crucial step towards its Rs 1 lakh crore cash generat...
- Vodafone Idea board to weigh fundraise through equity after AGR reliefVodafone Idea board will consider raising funds via equity shares and warrants as sentiment improves after AGR relief and regulatory clarit...
- Kumar Birla back as Vodafone Idea’s non-exec Chair amid turnaround attemptKumar Mangalam Birla has returned as non-executive chairman of Vodafone Idea (Vi) to lead its turnaround. The company, bolstered by governm...
- In big relief to Vodafone Idea, govt pares its AGR liabilities by 27%The Department of Telecommunications (DoT) has reduced Vodafone Idea’s adjusted gross revenue (AGR) liabilities by about 27%, providing sig...
- Vodafone relief offers breathing room, but cash flow challenges persist: Piyush PandeyVodafone Idea gets government relief, easing immediate cash flow pressures. This provides breathing room for the telecom operator. However,...
- Govt begins work on relief package for Vodafone Idea after SC rulingThe government is preparing a relief package for Vodafone Idea. This follows a Supreme Court verdict on adjusted gross revenue dues. The pa...
- Vodafone Idea shares get big upgrade from UBS; stock up 5%Global brokerage UBS upgrades Vodafone Idea to buy, setting target at Rs 18, citing potential relief on government dues and expected mobile...
- 4-year moratorium on AGR, spectrum payments in India's plan to prevent a Mukesh Ambani-led telecom duopolyThe government is also evaluating whether to take a small stake in financially struggling Vodafone Idea, in order to allay investor concern...
- ‘Vodafone Idea may file review petition in Supreme Court for relief on dues’The cash-strapped telco, which has pegged reduction in AGR dues as among key factors to ensure its viability, is likely to seek review of t...
- AGR verdict brings certainty; DoT should now focus on ease of biz, industry profitability: BIFBroadband India Forum has also urged the Department of Telecom (DoT) to take quick decisions on a spate of recommendations which have alrea...
- Trai works to rejig licensing regime to promote investments and innovation“Currently, we are working on reforming the licensing and regulatory regime to catalyse investments and innovation and promote ease of doin...
- Not in sound financial state; can meet liabilities only with government support: Voda Idea on AGR duesWarning that it is "not in a sound financial state", Vodafone Idea said the company would be in a position to meet its liabilities only if ...
- Vodafone Idea says it will take 15 years to pay AGR dues, asks DoT for Rs 8,000-cr GST refundThe telco has to pay dues of about Rs 57,000 cr, as per DoT’s estimates, but has so far paid only Rs 3,500 cr.
- Extend payment term for telecom dues, charge lower interest: COAIWe have been suggesting a couple of things to the government, says Rajan Mathews.
- Single silver bullet from govt or tariff hike alone cannot help telecom cos: Rajan Mathews, COAIAny reduction in licence fees, spectrum charges to boost telecom industry: Rajan Mathews, COAI
- Telecom companies may see licence fee cutIndustry experts said that while the planned move will give telecos some relief, it might not be enough.
- ICRA maintains negative year-end outlook for telecom industryThe Oct 24 order by the top court on AGR has added to the woes of already distressed telcos.
- DoT briefs government panel on telecom woes, AGR crisisThe panel was formed to suggest steps to provide relief in a time-bound manner to the carriers which are facing a Rs 1.3-lakh-crore-plus pa...
- Jio adjusted gross revenue up 21.3% at Rs 5,300 crore in Q3Despite Jio’s strong numbers, overall “telecom industry AGR (including NLD revenue) fell 8.6% on-quarter to Rs 34,600 crore on higher compe...
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