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SC treats Vodafone Idea the way company treats its consumers; denies...

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The Supreme Court on Friday slammed mobile service operators and the department of telecommunications (DoT) for failing to comply with its verdict, which mandated telecom companies to pay the adjusted gross revenue (AGR) dues of over Rs 1 trillion to the DoT by January 23.

From merger-to price hikes, the journey of the telecom industry from...

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There is a lot more for the telecom industry in 2020. Although TRAI’s setting up prices for voice and data services and its decision to continue with IUC regime ailing with terrific hikes are positive indicators of the good year but the approval to conduct the next spectrum by the Digital Communications Commission in March-April 2020 is expected to affect the financials of telcos.

Will Government come to rescue of Vodafone Idea to pay an...

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After the Supreme Court judgement which widened the definition of Adjusted Gross Revenue, Vodafone Idea has to pay an approximate amount of Rs 40,000 crores to the government. This amount includes spectrum usage charges, past license fees and interest and penalties on the due amount. This amount came as an extra burden to the telecom company which was already under a debt of Rs 1.02 crore by September end this year.  The top managers of Vodafone Idea have informed their lenders that if the government does not provide them an urgent relief on the amount of debt, they will not be able to make a timely repayment to the lenders. Apart from expecting support from the government, Vodafone Idea Managing director has said that, the telecom company is looking forward to sell their data centers and optic fiber network for raising funds.
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