A bench of justices Arun Mishra, S Abdul Nazeer and M R Shah will hear a batch of petitions filed by telecom companies in open court
Posts sixth straight quarterly loss in Q3
Asked for his assessment of Manmohan Singh as PM, Ahluwalia said the view he was weak and vacillating was unfair
The quarterly results come as Vodafone Idea and other Indian telecom firms are pressured by government demands to pay $13 billion in overdue levies in a long-contested dispute
Almost 615 companies, including BPCL, Page Industries, Nestle India, and Apollo Hospitals Enterprise, are scheduled to announce their December quarter results today
Move likely if telcos' plea not taken up by SC
On the operational front, its average revenue per user rose from Rs 128 in the September quarter to Rs 135
VIL is actively seeking various forms of relief from the Centre
Clearly the government is pinning its hope very highly on the mega success of the spectrum auction
This is the third quarterly loss in a row for the firm; revenues, ARPU improve
But receipts from firms stand at a whopping Rs 1.33 trillion for FY21
15 entities owe the government about Rs 1.47 trillion in past dues -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges
Telcos' ability to participate in spectrum auctions in the near term remains an uncertainty, it observed
This is because the Union Budget does not have provision for any expenditure towards the programme in the current fiscal year
According to COAI estimates telcos pay around Rs 16,000 to Rs 17,000 crore as license fee and SUC annually
The telecom industry had been pinning its hopes on the Union Budget to offer some breather on licence fee and spectrum usage levies
It expects a revenue of Rs 58,686.64 crore under communications head in the current fiscal year against budgeted amount of Rs 50,519.8 in 2019-20.
From the first confirmed case of coronavirus in India to COAI seeking more time for telcos for payment of dues, here are the day's top headlines
Fifteen telecom companies owe the government Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges
Fifteen telecom companies owe the government Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges.