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
Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity
Traffic symmetry indicates that a telecom operator will not have any outstanding balance of interconnect usage charges (IUC) against other networks
Industry bodies have expressed their reservations about the 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
Read has retracted his criticism, but he was pointing out the obvious - the current pricing regime is unsustainable
Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years
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
Airtel has placed a conditional bid to buy RCom's spectrum, and Bharti Infratel has submitted bids for the Anil Ambani company's mobile towers
Vodafone Chief Executive Officer Nick Read is trying to keep shareholders onside following a dividend cut by focusing on Europe and Africa, where he sees the best chance of defending profits
By some estimates, setting up 5G networks would require $70 billion worth of investments in India.
So far, agile methodologies are largely limited to telco R&D departments
The demand notices will be issued in next two weeks after an assessment in light of the court order is done
Electricity, water, telecommunications, and information technology are currently covered under essential goods
The new AGR demands will add to private players' burden
Continued losses put a question mark on nearly Rs 7 trn worth of equity investment, including reinvested earnings of operators
On the National Stock Exchange, the shares closed at Rs 4.20 apiece, up 7.69 per cent
Till now there was no such limit for calls within India
Govt should address some fundamental issues
RWN resolution may take over six months as it requires clarity on exact amount and timing of payment of dues and whether govt will provide financial relief to telecom sector