The figure is based on the base price of spectrum for the upcoming auction fixed by the TRAI and on the assumption that there will be no bidding war
These phones, which will be bundled with data packs, could be launched in December or early next year, sources in the know said
Increase in APRU can help Vodafone but rival Reliance Jio is in no mood for tariff hike yet
The initial impression is that Vodafone Idea will struggle to manage this level of staggered payments, given that it owes over Rs 58,000 crore
The verdict soured sentiment at banking counters which were factoring-in at least 15 years timeline for the payment of AGR dues
Plans to be rolled out from today
Big business houses such as the Tatas, Anil Ambani, multinationals like Malaysian tycoon T Ananda Krishna of Maxis failed to create viable businesses
The firm, however, posted an over 2x jump in profit before tax (PBT) of Rs 372 crore for the quarter ended June (Q1) before exceptional items
Ask DoT to include service costs while calculating local content, value addition
Mittal said the government should look at rationalising levies on the sector and "close long-standing legal disputes that are a big drag on the performance of operators"
Telecom sector has spent years fighting regulatory and legal battles. They could have been better spent on serving the customers and strengthening the network, writes Sunil Bharti Mittal
India's telecom revolution started with then West Bengal CM Jyoti Basu saying the first 'hello' to then Union communications minister Sukh Ram in a Kolkata hotel
With a charge of Rs 18/min for voice calls to free voice calls now, and a burgeoning subscriber base, India's telecom sector has come a long way. We look at the men who made all of this possible
It's been through dizzying peaks, troughs, policy U-turns, court battles, brutal competition, and daily controversies
On July 31, 1995, mobile telephony began in India at Rs 16.80 a minute peak tariff. Now, most local voice calls are free, a market which has the largest subscriber base in the world after China
According to a senior executive of a telecom tower firm, Vodafone Idea cited payment of adjusted gross revenue (AGR) to the government and the resultant cash flow problems for the default.
The industry is talking of ARPUs going up anywhere from 60 per cent to 80 per cent over next two-three years, and that can happen by way of tariff increase
The approval is the key to BSNL's turnaround plan, which includes setting up a 4G network so that it can compete with private competitors.
BSNL is in the process of upgrading its network to 4G and BTS that facilitates wireless communication plays a crucial role in it.
However, credit risk remains manageable, reflecting the sector's resilience during the coronavirus pandemic