The government also accepted taking equity as payment for dues
The government has always maintained the telecom sector should not become a duopoly and at the same time the relief measures should not be given to one company
It's now for the telcos to strengthen their finances
Matters are also a bit complicated since Telecom Secretary Anshu Prakash is due to retire at the end of September
The government effort in preparing a telecom package is to ensure that the telecom sector does not become a duopoly
'In a do-or-die effort, Mr Mittal's target is an ARPU of at least Rs 200 by the end of this financial year', says the author
One of the facilities in Bengaluru will specialise in creating an end-to-end 4G/5G environment where testing of 4G/5G mobile handsets and IoT devices of various OEMs will be done
Duopoly in telecom will hurt both consumers and govt
Fall in 4G customers is a concern as Airtel continues to increase its share
The undersea cable sector is experiencing a resurgence, with Facebook and Alphabet Inc.'s Google behind about 80% of recent investments in transatlantic links.
The problem could be Vodafone Idea's 154 million 2G customers
This was the first such deal between the two competitors
Last week, Kumar Mangalam Birla stepped down as non-executive chairman of Vi after offering to give up his stake in the telecom company
Vi had calculated its remaining AGR dues at around Rs 21,500 crore after making a payment of Rs 7,800 crore
Over the years, Vodafone PLC has invested $30 billion in Vodafone India and has written off the entire investment
The two firms' revenue market share has risen 1,300 bps in two years
Vi shares plunge 18% after ABG's offer to hand over 27% stake gratis
The association said floor prices need to be fixed for data only for an interim period, say two years, and that voice calls and tariffs can be excluded from this.
Together with TCS, the conglomerate is creating capacity to take advantage of the big new opportunity in 5G network and broadband rollout by acquiring a reputed telecom gear manufacturer and tying up
The telecom company has sought an extension of the moratorium till April 2023 to pay over Rs 8,000 crore dues related to spectrum purchase