Increase in APRU can help Vodafone but rival Reliance Jio is in no mood for tariff hike yet
The Bench led by Justice Arun Misra observed that should telcos fail to pay up, it would lead to penalty, interest, and contempt of court
CEO asked to furnish personal guarantee within four weeks; order alarms professional managers
The Supreme Court finished hearing the AGR case on August 24, almost a year after its verdict on the definition of the AGR
Plans to be rolled out from today
Apart from approving a relaxed payment schedule to pay the dues, SC verdict is also likely to seal the future of Vodafone Idea
The telecom companies are awaiting the Supreme Court's judgement in the adjusted gross revenue (AGR) case
The lawyers representing the insolvent telecom companies have held that they never claimed spectrum as an asset
Spectrum is a government property, not private, and anyone using it is liable to pay the dues, the apex court said
Large telecom companies are using artificial intelligence, big data and machine learning in a significant way already to improve services and optimise resources, R S Sharma said
Justice Arun Mishra said: "We want to go into the cause for initiation of insolvency against telcos under the IBC."
TRAI expects to finalise its decision on priority plans of Vodafone Idea and Airtel within two weeks of getting detailed responses on its queries from the two telcos, according to a regulatory source
Vodafone Idea's net worth has completely eroded and it faces Rs 58, 254 crore adjusted gross revenue liability
The result indicated the impact of the Covid-19 pandemic and the lockdown, but its overall performance was weighed down by financial stress
Availability of low-cost smartphones and tariffs also key to make the country 2G-free
Telecom Secretary Anshu Prakash indicated how telecom services had kept it all going during the Covid-19 crisis
Reliance Jio shares platform with Bharti Airtel to ring in 25 years of mobile telephony
Big business houses such as the Tatas, Anil Ambani, multinationals like Malaysian tycoon T Ananda Krishna of Maxis failed to create viable businesses
Ebitda for the June quarter grew 55.4 per cent to Rs 7,281 crore
The consolidated profit after tax for the quarter was down 21 per cent at Rs 704 crore from Rs 887 crore in the same period last year.