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AIRTEL AGR CASE
Vi shares double investments in 1 year. Here’s what analysts from Macquarie, JPMorgan, other global brokerages sayVodafone Idea shares have surged over 100% in a year. Analysts from Macquarie, JPMorgan, and other global brokerages offer mixed views. Whi...
DoT rules out Vi-like relief for Airtel, Tata Teleservices; telcos must pay ₹10,000 cr AGR dues by March 31Bharti Airtel and Tata Teleservices face a March 31 deadline to pay approximately ₹10,000 cr in adjusted gross revenue dues. This payment i...
Airtel to approach govt for recalculation of AGR following SC order on Voda Idea: VittalBharti Airtel will seek government relief on Adjusted Gross Revenue (AGR) dues following a Supreme Court order allowing reconciliation of p...
Airtel gets TDSAT relief on Videocon Telecommunications’s duesThe Telecom Disputes Settlement and Appellate Tribunal (TDSAT) has stayed the telecom department’s demand of ₹1,376 crore from Bharti Airte...
SC directs DoT not to invoke Airtel bank guarantees for non-payment of Videocon's AGR duesThe Department of Telecommunications (DoT) had issued a demand notice on August 17 asking Bharti Airtel to pay dues assessed at Rs 1376 Cr ...
Bharti Airtel moves Supreme Court with review petition in AGR caseThe battle between the telcos -mainly Vi and Airtel versus DoT over AGR dues reached a flash point in 2019 when SC widened the scope of AGR...
Airtel plans to file review petition in Supreme Court against AGR order"Airtel is planning to file a review petition in the AGR case. Typically, review petitions are filed within a month of a judgment and the t...
Airtel, Vi mention AGR calculation error plea in Supreme Court, court says to hear in 2 weeksThe case was mentioned in the apex court on Wednesday. The latest in the AGR battle between the telecom department and the operators starte...
Vodafone Idea moves SC, pointing out calculation errors in AGR duesLoss-making Vi, the worst hit by the AGR case ruling of October 2019 which left it facing the most dues among telcos, follows rival Bharti ...
Supreme Court directs DoT to assess AGR dues based on trading pacts, raise demands in six weeksThe top court's order has put the spotlight on trading deals that Bharti Airtel had struck with bankrupt telcos Videocon and Aircel and Rel...
Vodafone Idea shares plunge on SC AGR verdictShares of cash strapped VIL tanked by 14.92% on the BSE within minutes of the judgement to trade at Rs 8.67 a piece. Shares of Airtel, with...
Vodafone Idea, Bharti Airtel rise up to 5% ahead of SC verdict on AGR duesVodafone Idea has warned it would be forced to shut shop if made to pay its dues at one go.
SC says govt should cancel licenses, auction spectrum if dues are being wiped out"The government should move to cancel the license, spectrum if dues are being wiped out. If telcos are unwilling to pay, we will directly c...
Spectrum users will have to pay AGR dues of ailing telcos: Supreme CourtRCom has shared and traded some of its spectrum with Reliance Jio Infocomm. Aircel and Videocon have traded spectrum with Bharti Airtel. Bo...
No further objections to be entertained, telcos must pay up AGR dues: SCThe Supreme Court said their order was clear and no further objections would be allowed against payable dues.
Global brokerages see up to 44% upside for Airtel, find Vodafone Idea vulnerableWith Vodafone's future uncertain, Bharti Airtel and RIL come out clear winners, analysts said.
Govt within its rights to waive interest on dues of telcos: Harish SalveReferring to the inclusion of components such as trade discounts, discounts on prepaid tariffs and forex fluctuations in the computation of...
Airtel, Vodafone Idea plunge up to 18% as SC upholds govt's Rs 92,000 crore demandBased on AGR, both spectrum charges and licence fees are paid to the government.
Telcos face another hit, may have to pay Rs 41,000 cr more as spectrum chargesFavourable SC definition of adjusted gross revenue to strengthen govt bid to recover dues
Telcos face another hit, may have to pay Rs 41,000 crore more as spectrum chargesA favourable order from SC on definition of adjusted gross revenue will strengthen the govt’s bid to recover these dues.