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TELCOS RELIEF MEASURES
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...- Non-telcos' AGR bill may be Rs 82,000 crore lessThe government has been planning a financial relief package of over ₹82,000 crore for non-telecom firms impacted by the Supreme Court's 201...
- Voda Idea repays January 4 NCD dues on timeVodafone Idea (Vi) has paid on time the holders of its non-convertible debentures (NCDs), including the principal and interest amounts.
- DoT amends AGR definition to remove non-core itemsGains from forex fluctuations, insurance claims, capital gains on account of sale of fixed assets and securities, receipts from Universal S...
- Relief package shows India wants a 3-player market: Vodafone Idea lendersVodafone Idea’s lenders expect the government's telecom relief package to help improve the operator’s cash position and ease the pressure o...
- Kumar Mangalam Birla meets Telecom Minister amid buzz of relief package for sectorIt was not immediately clear what transpired at the meeting, but it comes in the backdrop of the Department of Telecommunications (DoT) and...
- VIL's position may be tough even post relief measures; needs meaningful capital infusion: ReportThe report expects Airtel to be "well placed" in either of the scenarios, of two-private-operator sector, or three private operators post a...
- Telcos seek soft loans, levy cuts to ease stressThe telcos have urged the FM to expedite steps to cut SUC to 3% of a telco’s adjusted gross revenue (AGR) and reduce licence fees to 3% of ...
- Key telecom meeting ends with no relief for AGR-hit telcosVodafone Idea, the most vulnerable telco, has been struggling to pay DoT’s estimated Rs 57,000 crore dues. So far, the telecom company has ...
- Vodafone Idea tweaks rights issue objective after 2-year spectrum payment moratoriumVodafone Idea needs to pay over Rs 53,000 crore in license fee, spectrum usage charge (SUC), interest and penalties – dues linked to its AG...
- Telecom companies may see licence fee cutIndustry experts said that while the planned move will give telecos some relief, it might not be enough.
- Committee of Secretaries on telecom bailout package disbandedCoS set up to suggest relief measures for the telecom sector has been ‘disbanded’, a top govt official said.
- Deferred spectrum payments won’t solve debt issues of telcos: AnalystsThe move, which will give over Rs 42,000 crore of relief to the telcos, may not be enough to address the debt concerns of the troubled telc...
- Birlas may let Voda Idea go insolvent if government doesn't helpThe recent SC order leaves Vodafone Idea staring at AGR dues of over Rs28,000 crore in additional licence fee.
- Secretary panel likely to seek licence fee cut, two year freeze on spectrum duesA panel would look at the issue of AGR dues after telcos approached the Supreme Court for relief.
- Telcos should focus on improving services instead of fighting: Manoj SinhaSinha said the easing of spectrum holding caps will help in consolidation and increase investments. It will ensure that telcos get contiguo...
- Spectrum cap eased, telcos get more time to pay for airwavesCurrent government rules bar any merged entity from holding more than 25% of the spectrum allocated in a service area or circle, and over 5...
- Cabinet may consider relief package for telecom today: SourcesThe proposal is based on the recommendations of the inter-ministerial group (IMG) on the revival of the sector, and includes extending the ...
- Banks seek relief measures for stressed telcos under debt restructuring planThe IBA has sought return of bank guarantees that have been provided by such cos, noting that sector’s liability of Rs 5,80,000cr was prima...
- Telecom Commission clears longer payment tenure for auctioned spectrum, lower interest on duesSources said the guiding principles and roadmap of the new telecom policy have been approved, and the Telecom Commission will get the draft...
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