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Page 36 - Bharti Airtel

AGR: NITI Aayog does a flip-flop on minimum floor price for telcos

Amitabh Kant claimed that fixing a floor price is in "national interest" and would ensure that the sector is provided with much needed relief measures

AGR: NITI Aayog does a flip-flop on minimum floor price for telcos
Updated On : 10 Mar 2020 | 3:31 AM IST

AGR dues: Evaluation of telcos self-assessment may take 6 months, says DoT

According to an official with the Department of Telecommunications (DoT), numerous documents for multiple years have to be evaluated and cross-checked, making it a lengthy process.

AGR dues: Evaluation of telcos self-assessment may take 6 months, says DoT
Updated On : 09 Mar 2020 | 9:59 PM IST

Telcos' self-assessment of AGR dues may at least take 6 months: Report

The government, last week, had asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the Supreme Court order without further delay.

Telcos' self-assessment of AGR dues may at least take 6 months: Report
Updated On : 09 Mar 2020 | 8:17 PM IST

Vodafone Idea pegs dues at Rs 21,533 cr, less than half of DoT estimate

Beleaguered Vodafone Idea Ltd on Friday put its total dues to the government following a Supreme Court order at Rs 21,533 crore -- less than half of what the Department of Telecommunications (DoT) has estimated. On a day when Vodafone Group CEO Nick Read met top ministers, including Finance Minister Nirmala Sitharaman and Telecom Minister Ravi Shankar Prasad, the UK telecom giant's India joint venture, Vodafone Idea Ltd in a statement said it has already paid Rs 3,500 crore out of the "self-assessed" liability of Rs 21,533 crore. The DoT, following the Supreme Court ruling in October last year which said that all kinds of income generated by telecom companies will be considered for calculating government dues, had estimated Vodafone Idea's liabilities at over Rs 53,000 crore. On March 4, Minister of State for Communications & IT Sanjay Dhotre, in a written reply to a question in the Lok Sabha, stated that Idea Cellular owed the government Rs 15,230.37 crore and Vodafone Group of ..

Vodafone Idea pegs dues at Rs 21,533 cr, less than half of DoT estimate
Updated On : 06 Mar 2020 | 6:41 PM IST

AGR dues: Centre rules out any bailout package specifically for Voda Idea

Vodafone Idea has has maintained it would not be possible to continue as a going concern without any relief from the government on payment of AGR dues

AGR dues: Centre rules out any bailout package specifically for Voda Idea
Updated On : 06 Mar 2020 | 1:25 AM IST

Telcos seek floor price for data, voice tariffs to be left to markets

The telcos said that data prices should be regulated keeping in mind the financial health of the sector

Telcos seek floor price for data, voice tariffs to be left to markets
Updated On : 05 Mar 2020 | 10:07 PM IST

Action will be taken if telcos don't pay AGR dues: Govt tells Lok Sabha

This was stated in reply to a question in Lok Sabha on Wednesday by Minister of State for Communications Sanjay Dhotre

Action will be taken if telcos don't pay AGR dues: Govt tells Lok Sabha
Updated On : 05 Mar 2020 | 10:04 AM IST

Market Ahead, March 5: All you need to know before the Opening Bell

Telecom stocks are likely to remain in focus today as the government on Wednesday asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the SC order

Market Ahead, March 5: All you need to know before the Opening Bell
Updated On : 05 Mar 2020 | 8:18 AM IST

India's 'self-goal' in telecom

And urgent steps to avert a cascading crisis

India's 'self-goal' in telecom
Updated On : 05 Mar 2020 | 2:32 AM IST

Floor price ain't good maths

It's avoided by regulators in developed countries as it is considered anti-competitive and anti-consumer

Floor price ain't good maths
Updated On : 05 Mar 2020 | 12:41 AM IST

Govt asks Airtel, Voda Idea, others to pay balance AGR dues without delay

The telecom department wrote to all the telcos asking them to pay balance dues "without delay" and also submit detailed bifurcation of payments

Govt asks Airtel, Voda Idea, others to pay balance AGR dues without delay
Updated On : 04 Mar 2020 | 11:42 PM IST

Govt to allow telecom firms to defer payments of future spectrum auctions

Meanwhile, the Department of Telecom is preparing to issue fresh notices to telecom companies asking them how they had calculated their dues linked to AGR

Govt to allow telecom firms to defer payments of future spectrum auctions
Updated On : 04 Mar 2020 | 1:42 PM IST

AGR dues paid by telcos to reflect in FY20 revenue receipts: Report

Officials said the amount was not much to have any bearing on the fiscal position

AGR dues paid by telcos to reflect in FY20 revenue receipts: Report
Updated On : 04 Mar 2020 | 10:47 AM IST

DoT to issue notices as AGR receipts add up to only Rs 24,000 crore

With significant discrepancies cropping up in the AGR math, the industry may be facing a fresh round of dispute

DoT to issue notices as AGR receipts add up to only Rs 24,000 crore
Updated On : 04 Mar 2020 | 1:25 AM IST

Voda Idea, Airtel, Jio pay over Rs 6,000 cr to DoT towards spectrum dues

Vodafone Idea's payment in particular assumes significance as the company has been under tremendous financial pressure and is confronted with AGR liabilities of over Rs 53,000 crore

Voda Idea, Airtel, Jio pay over Rs 6,000 cr to DoT towards spectrum dues
Updated On : 03 Mar 2020 | 9:44 PM IST

What is 5G and how Reliance Jio is taking a lead in this space

In India, Reliance Jio has approached the government to start 5G mobile network trials based on the technology and design that it has developed in-house

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Updated On : 03 Mar 2020 | 8:48 PM IST

Tatas make additional payment of Rs 2,000 crore towards AGR dues: Report

The DoT is set to write fresh letters to telecom companies questioning them about the variation in AGR dues assessed by firms themselves and its own calculations

Tatas make additional payment of Rs 2,000 crore towards AGR dues: Report
Updated On : 03 Mar 2020 | 3:27 PM IST

Reliance Jio seeks govt's permission for trial of self-designed 5G

The move comes on the heels of Jio deciding to broaden its 5G trial runs with Chinese giant Huawei Technologies, Ericsson, and Nokia Networks

Reliance Jio seeks govt's permission for trial of self-designed 5G
Updated On : 02 Mar 2020 | 1:53 AM IST

DoT's test checks on telcos' AGR dues assessment may start soon: Report

A DoT official said that "test checks" of AGR calculation for a sample year would commence shortly and it could be as early as this week at least for large telecom companies

DoT's test checks on telcos' AGR dues assessment may start soon: Report
Updated On : 02 Mar 2020 | 12:53 AM IST

Bharti Airtel pays up Rs 18,000 crore as AGR dues to telecom dept

Bharti Airtel had initially paid Rs 10,000 crore to the DoT on February 17 in compliance with the Supreme Court judgment

Bharti Airtel pays up Rs 18,000 crore as AGR dues to telecom dept
Updated On : 01 Mar 2020 | 12:20 AM IST