Page 8 - Telcos

Top headlines: Telcos get 10 yrs to pay AGR dues; Centre-states discuss GST

From SC verdict on payment of AGR dues to open-air cinemas aiming for revival in post Covid era, here are top headlines this morning

SC gives telcos 10 yrs to pay AGR dues, says 10% to be paid upfront

Apex court asks firms for undertaking on AGR dues. Payment timeline begins April 1 next year, but first installment to be paid before March 31; defaults to attract penalty, contempt proceedings

The AGR verdict and its impact on Vodafone Idea

Since the Supreme Court has now decided on a 10-year repayment tenure, it would clearly be a big challenge for Vodafone Idea, which is already steeped in debt

Three key SC decisions that could change telecom sweepstakes in the country

While the first two rulings on AGR dues could have a lasting impact on incumbent players, the third, on transfer of spectrum by banks could impact fund raising by the telecom sector as a whole

Top headlines: Digital shoppers for sales turnaround; Jobs market dwindle

From firms eyeing sales turnaround with digital shoppers to Airtel is stretching frontiers of competition, here are top headlines of the day

Will cancel spectrum allocation if telcos don't pay AGR dues: SC

On the last day of hearing on Monday, the apex court reserves its judgment

SC 'worried' that AGR dues will be wiped out in telcos' insolvency process

'Without paying for the horse, telecos are taking a ride,' says court about bankrupt companies.

US cyber diplomat urges telcos globally to follow Jio's 5G model

I think the lesson of Reliance Jio is that there's nothing mystical about 5G technology, says Robert L Strayer

Vodafone Idea gets TDSAT relief, allowed to offer premium tariff plans

Says Trai move to freeze schemes without reason, merit

Telcos align with streaming platforms to deepen consumer relationships

Airtel, Vodafone Idea, Jio stitch up alliances with streaming platforms in a bid to deepen brand associations and loyalty, in a time of crisis

Vodafone Idea moves TDSAT over Trai objection to premium telecom plans

The TDSAT is expected to hear the Vodafone Idea case on Tuesday.

BSNL scraps 4G equipment tender to keep Chinese companies at bay

BSNL is in the process of upgrading its network to 4G and BTS that facilitates wireless communication plays a crucial role in it.

Why is big tech flirting with Indian telcos?

Murmurs of big tech investments in Indian telcos have stirred up the telecom sector. These big tech-telco combinations are a threat as much as they are an opportunity

Telcos told to stop sourcing 4G telecom equipment from Chinese firms

The major private operators - Reliance Jio, Bharti Airtel, and Vodafone Idea - are procuring their 4G equipment from multinational companies, such as Nokia, Ericsson, ZTE, Huawei, and Samsung.

Telcos may buy 4G spectrum due to rise in data consumption, says COAI

The telecom sector body had earlier voiced against the spectrum auction due to financial stress in the sector

Telcos in deep trouble, spectrum auction won't help in raising funds: Sibal

Kapil Sibal said that the telecom companies do not have the capacity to participate in spectrum auctions especially after the Covid-19 outbreak

Telcos find some relief in lockdown, revenues rise 15% as usage picks pace

Top line gets boost in March qtr as more people work from home

Top headlines: FMCG market growth slump, YES Bank capital raising, and more

From FMCG market likely to witness slump, DoT asking telcos to list out spectrum demands to analysts predicting GDP fall to 3-decade low, Business Standard brings you top headlines of the day

Coronavirus impact: As data usage jumps, telcos ask govt for more spectrum

With people staying at home, data usage has grown considerably and telecom networks are feeling the pressure

Govt is well aware of implications if relief not provided to telcos: COAI

Industry body COAI on Friday said the government is well aware of implications of leaving the stressed telecom sector without a relief package, as it urged policymakers to use "tools" available to find appropriate solutions expeditiously. "The industry is in urgent need of relief measures, and we urge the government to come up with appropriate solutions expeditiously and resolve the matter," Cellular Operators' Association of India (COAI) Director General Rajan Mathews said. On Wednesday, the apex court rejected the telcos' self-assessed adjusted gross revenue (AGR) dues and ordered them to pay the principal together with interest and penalties. It stated that non-payment of dues would tantamount to contempt of court. "The government can exercise the tools that are available and move forward on that basis," Mathews said. Telecom companies such as Bharti Airtel, Vodafone Idea and Tata are in a bind as their combined self-assessment of dues to the government are a whopping Rs 82,300