Page 33 - Telecom Sector

SC to hear DoT's plea on AGR dues payment by telecom companies today

The fresh plea stated that telecom service providers who were liable to make payments have started making payments

Book review: B K Syngal's riveting memoir of a tumultuous era in telecom

Brijendra K Syngal, who is approaching the ninth decade of his life, reminds you that telecom policy was just as tumultuous years ago as it is now.

AGR: NITI Aayog does a flip-flop on minimum floor price for telcos

Amitabh Kant claimed that fixing a floor price is in "national interest" and would ensure that the sector is provided with much needed relief measures

CCI is examining 17 laws for compliance, says chairman Ashok Kumar Gupta

Gupta was speaking on the sidelines of a national conference on the economics of competition law.

Voda Idea pegs dues at Rs 21,533 cr, CEO meets govt for 'new beginning'

Earlier in the day, Vodafone Idea in a statement said it has already paid Rs 3,500 crore out of the "self-assessed" liability of Rs 21,533 crore

Balance AGR dues of telcos pegged at Rs 1,30,440 crore: Govt in Lok Sabha

On speculations regarding shutting down of Vodafone Idea, Dhotre said no such information is available with the government

A telecom crisis, once again

An implosion of the sector will have economy-wide ramifications. This is the last thing India needs now

Best of BS Opinion: GST collection, India's telecom crisis, and more

Business Standard Opinion pieces for the day talk about government finances in the context of GST, along with other policy issues.

Rajeev Suri steps down as Nokia President & CEO after 25-year stint

Pekka Lundmark, CEO of Finnish energy company Fortum, to take over as president and CEO of the firm on Sept 1

For operational flexibility, Shyam Telecom seeks approval to delist shares

The company had posted a loss of Rs 1.35 crore for the quarter ended December 2019, compared to a profit of Rs 57 lakh in the same period a year ago

Vodafone Idea, Bharti Airtel losses were gains for Jio and BSNL in December

Vodafone Idea and Airtel lost 3.6 million and 11,050 users, respectively

Telecom companies to submit self-assessment documents on AGR maths

However, no deadline has been given to companies to submit the supporting documents

The AGR case is a triumph of bureaucratic obstinacy over good sense

While it raises the larger question of the Court's role on matters that have a major impact on the economy, much of the blame also lies with the govt for poor handling of the issue

Who gains if Voda-Idea fails

Jio, which is not burdened with legacy network and user base, may find it easier to increase its capacity to accommodate Voda-Idea subscribers faster

Fund managers bought Bharti Airtel, sold Reliance Industries in January

Large-cap holdings of equity MFs saw significant churn at the start of the new calendar year. Fund managers upped their wager on Bharti Airtel

Payment of AGR dues to slash fiscal deficit to 3.5% in FY20: SBI economists

According to the revised budget estimates, the government expects a fiscal deficit of 3.8 per cent in 2019-20

Telcos' AGR dues: Will decide after hearing from DoT, says FM Sitharaman

Addressing a press conference in Bengaluru, Sitharaman said: "In light of court's orders, the department is engaging with telecom companies after the reviews and I will wait to hear from the dept"

Don't hang up

After SC blow, telecom firms need a decisive DoT

Let the telecom sector bloom

A bold policy intervention by the government to bring the sector back to profitability and attract capital investments holds the key to unlock India's $1 trillion digital opportunity

Public sector companies with telecom licence also asked to pay AGR dues

OIL's notices are for 2007-08 to 2018-19 and the Rs 48,000 crore includes licence fee, penalties and interest