Page 37 - Bharti Airtel

Bharti Airtel makes additional payment of Rs 8,004 crore towards AGR dues

The company said it calculated the liabilities on self assessment basis till December 31, 2019 and the payment includes interest up to February 29, 2020

Telcos need to wait more for relief on AGR as govt scrambles over data

Members of the DCC refused to comment on the discussions held during the two-hour meet. More details are required for reconciliation of AGR data, sources said

AGR: Digital Communications Commission may meet on Friday to discuss relief

Among the options likely to be deliberated tomorrow is allowing staggered payments for statutory dues for telecom industry

AGR dues: Voda Idea seeks relief; asks DoT for Rs 8,000 crore GST refund

The company has so far paid Rs 3,500 crore in AGR dues

AGR dues: Voda Idea says it can meet liabilities only with govt support

Vodafone Idea said adjustment of GST credit due from the government could help in meeting its AGR payment

AGR: Bharti Airtel has capacity to withstand $5 bn payout, says Moody's

Bharti recorded a Rs 35,300 crore ($5 billion) liability for past-due AGR fees

Top headlines: Voda seeks relief from DoT; Panagariya on economy, and more

From global recession over COVID-19 to Panagariya's comments on slowdown, here are the top stories for the day

Vodafone Idea, Bharti Airtel losses were gains for Jio and BSNL in December

Vodafone Idea and Airtel lost 3.6 million and 11,050 users, respectively

Telecom companies to submit self-assessment documents on AGR maths

However, no deadline has been given to companies to submit the supporting documents

Govt asks telcos to submit supporting documents on AGR self-assessment

The DoT wants to ensure that the court-mandated criteria is being followed by companies in computing their AGR dues, the source added

Bharti Infratel up 10% post DoT nod to Indus Tower merger; Board meet today

The approval comes at a time when the telecom companies stare at Rs 1.47 trillion in unpaid dues in the adjusted gross revenue (AGR) issue

The AGR case is a triumph of bureaucratic obstinacy over good sense

While it raises the larger question of the Court's role on matters that have a major impact on the economy, much of the blame also lies with the govt for poor handling of the issue

The telecom mess

If the sector turns into a duopoly (ignoring the struggling BSNL-MTNL combine for the moment), Airtel and Jio will find it hard to absorb the 300-million-plus VIL customers who will have to be ported.

AGR issue: Top FinMin, NITI, DoT officials talk relief measures for telcos

The telecom department officials remained tightlipped after the high-level meeting on Sunday

Drill oil but dial telecom

Inclusion of non-telecom income in the overall calculation means the higher the oil price, the bigger the AGR share of the government

Govt takes a call to save telecom firms, but no relaxation likely on AGR

The Union government is of the view that there can be a debate on the quantum of payment and penalty but not on the fact that the companies have to make the payments

AGR dues: Telcos owe Rs 22k cr in licence fees, Rs 70k cr in interest, fine

Besides licence fees, telecom companies owe Rs 55,054 crore in spectrum usage charges (SUC), as per estimates of the Department of Telecommunications (DoT)

Sunil Mittal meets Prasad, tells Airtel will clear AGR dues before March 17

The Centre said telcos had already paid about Rs 16,000 crore in AGR dues and some had assured further payments in a week's time

Fitch removes Bharti Airtel from 'Watch Negative', affirms 'Stable' outlook

Bharti has already paid Rs 10,000 crore towards AGR payments

DoT to issue fresh notice to telcos calling for full payment of AGR dues

Won't let Tata Teleservices get away by paying only principal; Airtel and Vodafone Idea too have paid only in part; dept to seek legal advice on invoking bank guarantees