Page 49 - Bharti Airtel

AGR ruling: COAI ignores Jio's protest; seeks full waiver of telcos' dues

The Supreme Court on October 24 upheld the government's position on including revenue from non-telecommunication businesses in calculating the annual gross revenues of telecom companies

AGR verdict: COAI seeks 10 years to pay dues with 2-year moratorium

In a blow to telecom operators, the Supreme Court on October 24 rejected their plea to revise the government's definition of adjusted gross revenue

India is running its telecom companies aground to fill a budget hole

High fees, frequent policy flip-flops, endless tax demands from an unsympathetic bureaucracy that treated carriers as cash cows have driven most telecom operators aground.

Bharti Airtel lowers price of broadband plans by 10%, packs in more data

All the 'Airtel Xstrema Fibre' plan will now come with minimum of 100 megabit per second speed in the range of Rs 799 to Rs 3,999 with video entertainment platforms bundled with them

The telecom turmoil

Govt should address some fundamental issues

Jio says Voda Idea, Airtel have enough funds to pay dues, opposes bailout

The company rapped the Cellular Operators' Association of India for writing to the government on financial distress in the sector

AGR verdict: Reliance Jio says telcos have sufficient capacity to pay dues

It also slammed the Cellular Operators Association of India for writing ex-parte to the government on the financial distress in the sector

Jio in letter war with COAI over telecom stress

Based on current data, analysts said Bharti Airtel had enough opportunity to monetise and pay the AGR dues

Telecom stocks in focus: Voda Idea hits record low, Bharti Airtel dips 1%

In another development, Reliance Jio on Wednesday attacked incumbent operators, saying it disagreed with "the threatening and blackmailing tone" of the COAI's letter against the SC's judgement on AGR

Top 10 biz headlines: Reliance Jio slams peers, Diwali sales, and more

Diwali has brought much-needed sparkle to companies and retailers in an otherwise weak festival season

AGR payments: Reliance Jio slams peers, questions telecom sector stress

Says incumbents have enough resources, monetisation opportunities pay up

CARE downgrades rating on Vodafone Idea's NCDs, long-term bank facilities

Earlier on Wednesday Fitch Ratings placed Bharti Airtel Ltd on 'rating watch negative' over unpaid regulatory dues arising from a recent Supreme Court ruling

Bundled packs keep Airtel's Q2 ARPU stable, but AGR overhang on share price

To retain market share, the company will continue to focus on quality customers, reduce churn, and focus on content to improve customer stickiness

Fitch places Bharti on rating watch negative after top court's ARG ruling

RWN resolution may take over six months as it requires clarity on exact amount and timing of payment of dues and whether govt will provide financial relief to telecom sector

Bharti Airtel subscriber base thinning as customers move to JioPhone

During the festive season of Dussehra and Diwali, Jio made its phone available at a special price of Rs 699, against the earlier price of Rs 1,500.

Hope govt takes a 'balanced approach' to AGR issue, says Bharti Airtel

Senior leadership of Airtel said the company is hopeful that the government will take a "balanced approach" on the AGR

India's telecom sector is staring at decimation, thanks to state action

The Supreme Court has ordered the companies to pay the government not just the dues but a hefty penalty -- as well interest on both

Govt sets up panel of secretaries to help ease stress in telecom sector

The committee, led by Cabinet Secretary Rajiv Gauba, will have secretaries from finance, law, telecom ministries

Bharti Airtel delays Q2 results, sees 28% surge in ARPU to Rs 128

The company had posted an ARPU of Rs 100 in the corresponding period of the last financial year (2018-19).

COAI urges govt to prioritise AGR issue, suggest relief in 60 days

With the telecom sector staring at a massive payout following a Supreme Court order, the government has constituted a Committee of Secretaries to work out a financial bailout package