AGR verdict: Voda-Idea to struggle; but duopoly may not be ideal solution

Telecom sector in India is likely to see consolidation in the coming days; however, duopoly may not be the ideal solution for a big country like India, said analysts after Supreme Court on Friday rejected the telecom companies' plea seeking new schedule of adjusted gross revenue (AGR) payments. READ MORE

Supreme Court slammed mobile carriers on Friday for non-payment of billions of dollars in government dues and threatened them with contempt proceedings if they didn’t pay up by March 17.

The court, which had asked companies including Vodafone Idea and Bharti Airtel to pay Rs 92,000 crore ($12.89 billion)