Bharti Airtel, Vodafone Idea, and Reliance Jio get 3 months to inform DoT on equity conversion
As of now, there's no clarity on whether the government stake would be limited to 26 per cent or if it could go up much further
From the problem with how green is viewed in the world of finance to hard choices as China increases its dominance in East Asia, here's what Business Standard columnists and editorials had to say this week
The telecom relief package has offered the ailing telecom service provider only a breather; it will have to earn its way to the longer-term policy benefits
The government budgeted Rs 1.33 trillion as non-tax revenues from the telecom sector in 2020-21, but only Rs 34,000 crore could be realised
Valuation gets a leg-up after bailout package
The move has been questioned by many analysts who say that if both options are taken, it will turn VIL into a government company
The government also accepted taking equity as payment for dues
The government has always maintained the telecom sector should not become a duopoly and at the same time the relief measures should not be given to one company
It's now for the telcos to strengthen their finances
The Union Cabinet may consider on Wednesday a moratorium on payment of spectrum dues by telecom firms as part of a package for the sector aimed at giving relief to companies
'In a do-or-die effort, Mr Mittal's target is an ARPU of at least Rs 200 by the end of this financial year', says the author
Telecom regulator Trai on Tuesday recommended a slew of measures, including fixing minimum broadband speed at 2 megabit per second, to promote internet connectivity and increase connection speed.
Fund raising mainly to make payments towards AGR-related liabilities
Duopoly in telecom will hurt both consumers and govt
Users and service providers are swimming against the tide even after the abolition of retro tax
The company has sought correction of arithmetical errors in calculations linked to AGR
Vodafone Idea Q1 Preview: Voda Idea's fundraising plans and commentary on average revenue per user (ARPU) trajectory ahead will remain key monitorables for experts and investors alike
Last week, Kumar Mangalam Birla stepped down as non-executive chairman of Vi after offering to give up his stake in the telecom company
VIL has filed a review petition in the Supreme Court after the apex court recently dismissed its plea for rectification of the alleged errors in the calculation of adjusted gross revenues-dues.