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SUC WAIVER
Satcom cos seek licence fee, SUC & bank guarantee reliefIndian space and satellite companies are urging the government to lower license fees and spectrum usage charges for satcom services. They a...- Vodafone Idea, Jio, Airtel likely set for relief worth thousands of crores as govt plans SUC waiverThe government plans to waive spectrum usage charges for airwaves bought before September 2021, benefiting telecom firms like Vodafone Idea...
- In setback for Vi, DoT drops AGR waiver planThe Department of Telecommunications has shelved its proposal to waive AGR dues for telecom operators, impacting Vodafone Idea significantl...
- Tata Tele, MTNL shares zoom 12% as government weighs AGR dues waiverShares of Tata Teleservices and MTNL surged up to 12% amid reports that the government may announce partial AGR dues relief in the February...
- Telcos seek refund of Rs 35,000 crore input tax credit, GST waiver on licence fee, SUCAccording to pre-Budget recommendations of telecom industry body COAI, whose members include Vodafone Idea, Bharti Airtel and Reliance Jio,...
- Telcos seek service tax waiver on AGR duesThe industry paid around Rs 6,600 crore between April 2016 to March 2017 in cash to discharge its output service tax liability, the Cellula...
- BSNL asks DoT to waive AGR dues of Rs 4,990 croreBSNL has to pay a licence fee of Rs 2,099 crore and spectrum usage charge (SUC) of Rs 2,890 crore to the DoT, following the Supreme Court v...
- Carriers owe government nearly Rs 1.47 lakh crore: Telecom MinistryAirtel and Vodafone Idea hold the majority of these liabilities, which the DoT has sought through a process started last week. For Airtel, ...
- Believe govt is aware of telcos' stress; wants to see 3 pvt, 1 public sector player: Vodafone Idea CEOIn a post-earnings investor call, Vodafone Idea CEO Ravinder Takkar said the company has been engaging "very positively" with the govt and ...
- 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.
- Vodafone Idea, Airtel may move SC for AGR ruling review this weekThe industry as a whole faces dues worth over Rs 1.3 lakh crore in licensee fee, spectrum usage charge (SUC), penalties and interest, after...
- Vodafone Idea yet to take a call on filing review petition in SC on AGR orderLoss-making Vodafone Idea is among the worst hit by the top court judgement which backed the government’s broader definition of AGR, basis ...
- Telco bailout will be contempt of SC; will set bad precedent: Jio to Ravi Shankar PrasadJio said a "financial windfall" for Airtel, Voda-Idea by waiving action on unpaid dues will violate SC's ruling.
- Telecom stress: Secretary panel may seek legal opinion on optionsGovernment to assess if it has right to grant waiver and whether there are any precedents.
- Voda Idea, Airtel need no relief: Jio to Ravi Shankar PrasadJio said in a letter dated October 31 that Ravi Shankar Prasad should not permit the Cellular Operators Association of India to mix the inv...
- Sunil Bharti Mittal knocks on government doors to tackle statutory dues not fully provisioned forDelivering its verdict, the Supreme Court had on October 24 upheld government contention that non-core revenue in telecoms groups should be...
- Supreme Court tells telecom companies to pay dues in 3 months; Government mulls reliefVodafone Idea and Bharti Airtel, the two telcos affected most by the SC order with pending licence fee and spectrum usage charge (SUC) dues...
- Telecom woes: Vodafone Idea to approach govt for relief, waiver of interest, penaltySC order on adjusted gross revenue for telcos could make Voda-Idea to shell out Rs 28,309 crore.
- Telecom firms owe over Rs 92,000 crore as licence fees till date, Centre tells Supreme CourtIn an affidavit filed in the top court, Department of Telecom (DoT) said that as per calculations, Airtel owes Rs 21,682.13 crore as licenc...
- Suggest steps for greater relief to telcos: Telecom Commission to inter-ministerial panelThe unexpected move by TC gives hope to India’s older telcos such as Bharti Airtel, Vodafone, Idea, RCom and Tata Teleservices.
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