Such telcos should pick up AGR bill, says apex court
From Airtel readying to take on Jio to Kerala govt and Centre on collision course over privatisation of airport, here are the top headlines this morning
Tech to be tested once spectrum is available
Justice Mishra observed under the IBC spectrum trading was different from spectrum sale
Netmeds latest in long list of firms in which it has picked up stakes
Jio tells court it has paid Rs 195 crore dues
It said there is no question of one operator paying the Adjusted Gross Revenue (AGR) related dues of another firm, as suggested by the apex court earlier, and it has cleared all its dues
Reliance says no legal basis for payment; the next hearing in the matter has been adjourned till August 19
Govt says there is a difference of opinion between Department of Telecommunication and Corporate Affairs Ministry on the issue of sale of spectrum during insolvency proceedings.
Unacademy, Patanjali also among Indian contenders; Byju's and Dream11 too enter bids
Spectrum is a government property, not private, and anyone using it is liable to pay the dues, the apex court said
According to the IVCA-EY report, July recorded 10 large deals (value greater than $100 million) worth $3.1 billion compared to 13 large deals worth $7.1 billion in July 2019
Digital offerings represent a "growing area of investment" for every telecom company, with Reliance Jio leading the way, according to an analyst report
Next on the list: media and entertainment, e-commerce, a series of online businesses, and retail
The rights would be available for the August 18-December 31, 2020 period, and the bids would be opened by August 18, it said
Justice Arun Mishra said: "We want to go into the cause for initiation of insolvency against telcos under the IBC."
Revenue market share continues to consolidate with Reliance Jio and Bharti Airtel as Vodafone Idea loses 10 million users per quarter
Plans to export JioMart-WhatsApp model
Policies must favour consortiums of local players
On July 16, based on Jio's complaint TRAI had said that the premium tariff plans for post paid customers were discriminatory in nature.