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OTSC DUES MATTER
Airtel contingent liability doubles from FY18 to FY23 on OTSC demandsBharti Airtel's contingent liabilities related to demands from the Department of Telecommunications (DoT) have more than doubled between FY...- DoT gets legal opinion to settle disputes out of courtThe department is studying what bearing out-of-court settlements may have on these amounts it has already received from telecom companies.
- Vodafone Idea, Airtel have ₹42,000 crore locked in cases against govtThe government is evaluating developing a mechanism similar to 'Vivaad se Vishwas' (VSV) to reduce litigation as part of its relief and ref...
- SC adjourns spectrum case 'without expressing anything' on government’s affidavitGovt affidavit was a clear signal that the government intends to reduce litigation in the telecom sector as part of continuing efforts to i...
- DoT to reconsider continuing its appeal in one-time spectrum charge caseThe OTSC tussle began after the Supreme Court cancelled 122 telecom permits in 2012 in connection with the 2G scam, declaring airwaves as p...
- Supreme Court imposes status quo in one-time spectrum charge case, next hearing in FebThe Supreme Court on Monday imposed a status quo on fresh demand or recoveries between the government and Vodafone Idea in the one-time spe...
- SC adjourns OTSC hearing to next weekIf the ruling is in favour of the telcos, then it can reduce their liability by more than 60% of the Rs 25,000 crore amount being demanded ...
- Voda Idea pays Rs 3,354 crore more in AGR duesWith Monday's payments, total amount paid by Vodafone Idea to the Department of Telecommunications (DoT) will be about Rs 6800 crore, which...
- Supreme Court junks Vodafone Idea plea against one-time spectrum leviesSC's directions come at a time when the top court is scheduled to hear the modification appeal filed by Vodafone Idea and other telcos on A...
- Airtel-Tata Tele merger: TDSAT stays DoT call for Rs 9k crore guaranteesThe deal will allow the Tata Group to rid itself of the loss-making mobility business, which has been a drag on its finances.
- Airtel to challenge DoT demand of Rs 8.2k cr guarantee for Tata Tele dealWhen Airtel had acquired Telenor, it had moved TDSAT against the DoT’s demand of bank guarantee of around Rs 1,700 crore.
- DoT to ask Airtel, TTSL to pay over Rs 15,000 croreBharti Airtel has to pay about Rs 12,000 cr, Tata Teleservice Rs 2,800 cr as various fees to get merger nod
- Ericsson won’t accept settlement from RCom without SC directionThe Supreme Court has reserved orders on Ericsson’s contempt petitions against RCom and its chairman Anil Ambani .
- Voda Idea surges over 8% on Rs 2,113 crore DoT refundAverage revenue per user (Arpu) rose to Rs 89 in Q3FY19 from Rs 88 in Q2FY19.
- Vodafone Idea moves TDSAT to recover bank guaranteesIn September, Vodafone Idea again wrote to the telecom department to recalculate the spectrum dues of Rs 3,926.34 crore it had paid to get ...
- PMO dials DoT, seeks details of Vodafone-Idea merger dealThe merged entity has been the result of continuous pressure on tariffs and profitability due to free voice and cheap data offers from new ...
- TDSAT asks DoT to return Rs 2000 crore bank guarantee to Reliance CommunicationsThe OTSC dues are towards payment of market-linked prices for excess spectrum held by a telco. Accordingly, DoT had asked RCom to furnish R...
- No objection from RBI and DIPP to FDI increase in Idea Cellular: OfficialsRBI has communicated to DoT that there is no FEMA violation, and hence no ground for compounding and that the department may examine the ca...
- DoT to asks Vodafone, Idea to clear dues worth Rs 19,000 crore before mergerIndia's No 2 and No 3 carriers, Vodafone India and Idea Cellular, are merging their operations to create the country’s largest phone compan...
- TSDAT orders telecom dept to clear Airtel-Telenor deal and bank guaranteesBharti Airtel had challenged DoT’s bank guarantee demand by moving the Telecom Disputes Settlement & Appellate Tribunal (TDSAT) on Wednesda...
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