This comes soon after all three private telecom operators announced they were raising mobile phone tariff
Telecom players including Airtel and Vodafone Idea had sought some relief from the telecom sector
Experts also feel that the telecom industry is not ready for an auction and the government can instead explore other ways of making available the airwaves to companies
The move to defer payments for 2020-21 and 2021-22 will give Rs 42,000 crore relief to Bharti Airtel, Vodafone Idea and Reliance Jio
Earlier this week, Reliance Jio, Airtel and Vodafone all announced tariff hikes to be effective from next month
CCI does not need to wait to pick up cases only after it is approached by an affected party, it can and has done suo moto cases too
The decision of Vodafone Idea and Airtel to raise tariffs is being seen as a step to encourage the government to offer a relief package to the industry
The financial system cannot afford another massive hit after the PSB saga, NBFC/HFC problems and urban cooperative bank fiasco
The company also said that it understands that telecom regulator Trai is likely to initiate a consultation for bringing rationality in pricing in the Indian mobile sector
Here's a selection of Business Standard Opinion pieces for the day
While the sector awaits a lifeline, a sharp reduction in capital and opex has aided cash flows
Govt should prevent a near-monopolistic situation
The company had reported Rs 338 crore in losses for the June quarter (Q1), and a profit of Rs 1,295 crore in Q2 last year
Traffic symmetry indicates that a telecom operator will not have any outstanding balance of interconnect usage charges (IUC) against other networks
On the telecom sector, the minister said the Centre wanted all companies to flourish and be able to grow their businesses in India
Sitharaman said "it is the intention" to address concerns of all those who have approached the government with serious concerns post the court's decision
Vodafone Idea yesterday reported a massive net loss of Rs 50,922 crore for the July-September quarter, the highest-ever quarterly loss by an Indian company
The CEO said that Vodafone Idea had not accelerated payments to any banks.
The consolidated revenue of Bharti Airtel was up by 4.7 per cent at Rs 21,199 crore in the just-concluded quarter
The govt must take a call at the highest level at the earliest, treating Vodafone's exit call with all the seriousness that it deserves