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
Given the high possibility of operators shying away from participation, the DoT is yet to decide on including the premium 5G spectrum in the tender.
The deal, which was signed in April 2018, is expected to come to fruition and once it is completed it will create one of world's biggest telecom tower companies.
Vodafone Idea will have to cough up an additional Rs 5,235 crore every year till 2040 to pay its remaining portion of the AGR dues.
Vodafone Idea (VIL), which has liabilities worth Rs 53,000 crore pleaded saying that it does not have enough money to pay and should be given some time
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.
It has also possibly thus settled a larger question in India that when a government due has been upheld, the company has to ensure it must be paid by whatever means.