During the festive season of Dussehra and Diwali, Jio made its phone available at a special price of Rs 699, against the earlier price of Rs 1,500.
Senior leadership of Airtel said the company is hopeful that the government will take a "balanced approach" on the AGR
The Supreme Court has ordered the companies to pay the government not just the dues but a hefty penalty -- as well interest on both
The committee, led by Cabinet Secretary Rajiv Gauba, will have secretaries from finance, law, telecom ministries
The company had posted an ARPU of Rs 100 in the corresponding period of the last financial year (2018-19).
With the telecom sector staring at a massive payout following a Supreme Court order, the government has constituted a Committee of Secretaries to work out a financial bailout package
The company released its operating highlights for the three months ended September 2019 in a regulatory filing to the BSE, but postponed the release of its Q2 earnings to November 14
With the telecom sector staring at a massive Rs 1.4 trillion payout following a Supreme Court order, it asked the government not to press for AGR dispute payment in its entirety
The government is likely to order an SFIO probe on the financial irregularities at troubled mortgage firm DHFL soon
Shares of the company, which was expected to release its quarterly numbers later in the day, dropped 3.3 per cent in early trade
Supreme Court had on October 24 upheld government contention that non-core revenue in telecoms groups should be included in adjusted gross revenue
Analysts largely see this as a positive for the sector, saying it will allow Bharti Airtel and Vodafone Idea to increase their rates as well
The revenue of Airtel Africa grew 9.8 per cent to $844 million during the reported quarter from $769 million in the corresponding quarter of 2018-19
The revenue of Airtel Africa grew 9.8 per cent to $844 million during the reported quarter from $769 million in the corresponding quarter of 2018-19
It is time to abandon the logic of telecom levies on operator revenues
SC says all revenues except termination fee and roaming charges will form part of AGR
Trai says a reduction in AGR will allow more investment in telecom sector, but DoT argues the same can be ensured if Trai agrees to reduce spectrum reserve price at auctions
We are disappointed by the verdict of the Hon'ble Supreme Court, Airtel says in a statement
The two telecom providers will now have to pay Rs 50,000 crore to the Department of Telecommunications
In one signing of easing competition, Reliance Jio Infocomm Ltd. earlier this month said it was imposing a charge on voice calls that were formerly free