The DoT has given option to telecom operators to clear all the dues on self-assessment basis
It is believed that apart from Bharti Airtel and Bharti Infratel, there are four players that have made a bid
Airtel has placed a conditional bid to buy RCom's spectrum, and Bharti Infratel has submitted bids for the Anil Ambani company's mobile towers
The government's stand about the health of the industry mirrors comments made by billionaire Mukesh Ambani's Reliance Jio Infocomm Ltd., which has said it has a 'divergent view' from its rivals
India's top court had last month ordered Bharti and Vodafone Idea to pay Rs 499.9 billion
The Supreme Court on October 24 upheld the government's position on including revenue from non-telecommunication businesses in calculating the annual gross revenues of telecom companies
High fees, frequent policy flip-flops, endless tax demands from an unsympathetic bureaucracy that treated carriers as cash cows have driven most telecom operators aground.
Govt should address some fundamental issues
The company rapped the Cellular Operators' Association of India for writing to the government on financial distress in the sector
It also slammed the Cellular Operators Association of India for writing ex-parte to the government on the financial distress in the sector
Based on current data, analysts said Bharti Airtel had enough opportunity to monetise and pay the AGR dues
Says incumbents have enough resources, monetisation opportunities pay up
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.
The distress at India's No. 2 phone operator deepened last week after the nation's top court ordered it to pay about $4 billion in past dues, dealing a fresh blow to the struggling business
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
Recently, SC had upheld the government's definition of adjusted gross revenue (AGR) and directed telecom operators to pay up the pending dues that could add up to an estimated Rs 1.33 trillion
RIL has announced that it's setting up a wholly-owned subsidiary called 'Jio Platforms Limited' for its digital platform initiatives
RIL's restructuring of telecom/ digital business raises focus on asset monetisation and debt reduction, says Morgan Stanley