Page 10 - Telecom Companies

Govt gets Rs 25,900 cr in AGR dues; asks telcos to make full payment

Tata Teleservices has paid about Rs 4,197 crore, while Rs 3.9 crore has been received from Reliance Communications

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

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

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

AGR: Voda Idea seeks hike in mobile data to Rs 35 per GB, calls to 6p a min

Current mobile internet prices are in the range of Rs 4-5 per GB

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

AGR crisis: Tata Sons chief meets telecom minister over Rs 14,000 cr dues

Emerging from the meeting which lasted for over 30 minutes, Chandrasekaran declined to comment on the details of his discussion

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

Banks bracing up for a massive spike in stressed loans after SC AGR order

Say loans may not immediately turn into bad debt, but a big chunk of it eventually could

Best of BS Opinion: Trump's India visit, SC blow on AGR dues, and more

From Trump's first India visit after Senate acquittal to SC blow on AGR dues, here are the opinion pieces of the day.

Public sector companies with telecom licence also asked to pay AGR dues

OIL's notices are for 2007-08 to 2018-19 and the Rs 48,000 crore includes licence fee, penalties and interest

Banks will have to pay a price if any telco files for bankruptcy: SBI chief

Rajnish Kumar said that SBI will not pass on the burden of the hike in premium of deposit insurance to its customers

AGR not part of Budget 2020: Spectrum auction at base price could fill in

Clearly the government is pinning its hope very highly on the mega success of the spectrum auction

Huawei exec's fate in limbo as Canada court adjourns extradition hearing

US seeks extradition of Huawei chief financial officer Meng Wanzhou, who was arrested in December 2018 during a flight stopover in Vancouver.

Top 10 business headlines: Govt seeks RBI interim dividend, telcos get help

News on why the government wants Rs 10,000 crore as interim dividend from the central bank and is going easy on telecom companies that owe it dues.

Govt considering SPV with 5G sweetener as solution to telecom crisis

Government will stop collecting annual licence fee and spectrum usage charge from operators, according to the tentative proposal. Instead, the operators will give fees to the SPV.

DoT examining if deadline for AGR payment applies to non-telecom PSUs

The DoT has sought Rs 1.72 trillion in past statutory dues from state-owned gas utility GAIL India Ltd

Telecom industry urges govt to facilitate funding at lower interest rate

Representatives from the industry met telecom ministry officials to communicate their suggestions to help the debt-ridden sector

Save telecom with a reprise of NTP-99

Radical steps are needed to fix the telecom crisis

BS Banking Annual 2019: Banking is a very long-term biz, says USFB chief

Becoming a bank has given us more strength, says Jana SFB MD & CEO Ajay Kanwal