Page 18 - Telecom

AGR dues: Risk of duopoly in telecom higher than before, says analyst

Most of the remaining liability is with state-owned BSNL/MTNL and some of the shut/bankrupt telecom companies

Customers may have to pay the price as telecom industry consolidates

Consolidation, after Reliance Jio's entry and the price war, has shrunk the number of players from a peak of 16 to just 4

In unprecedented move, ITI withdraws Rs 1,300-crore FPO over poor demand

The government holds 90 per cent stake in ITI which is valued at Rs 7,550 crore, currently

Have sought 10 years to pay AGR principal amount, says Vodafone CEO

VIL is actively seeking various forms of relief from the Centre

Govt estimate of revenue from telecom up two-folds to Rs 1.33 trn for FY21

It expects a revenue of Rs 58,686.64 crore under communications head in the current fiscal year against budgeted amount of Rs 50,519.8 in 2019-20.

Top biz headlines: DoT talks tough on AGR dues, FMCG recovery, and more

Supreme Court on Tuesday agreed to list the 'modification petition' filed by Bharti Airtel, Vodafone Idea and Tata Group for 'sometime next week'

AGR dues: DoT talks tough on deadline, telecom companies sit on the fence

Telcos discuss giving January 24 deadline a miss

Top 10 biz headlines: Telcos move SC again, prices of Maruti drop, and more

From Amazon's delivery fleet to HDFC Bank's retail loan growth, here are the top 10 business headlines for the day

The final call

Save telecom from becoming a duopoly

DoT examining if deadline for AGR payment applies to non-telecom PSUs

The DoT has sought Rs 1.72 trillion in past statutory dues from state-owned gas utility GAIL India Ltd

Jobs to foreign investment: What happens if Voda Idea shuts shop

The closure would mean severe job losses - in a market where job creation is becoming an issue

After SC rejects AGR plea, telcos brainstorm on paying up to 20% dues

Industry plans to again ask telecom department for staggered payment option

Vodafone Idea's ability to compete in Indian market may weaken: Moody's

The Supreme Court on Thursday dismissed review petitions of top telecom firms including Bharti Airtel and Vodafone Idea seeking review of its earlier order asking them to pay Rs 1.47 trillion

AGR verdict aftermath: MFs, PFs brace for storm over Vodafone Idea debt

MFs have already started to mark-down their debt exposure following S's decision to reject review plea of the telecom companies on AGR dues

Street's contrasting reaction to AGR verdict hints at telecom duopoly

While Bharti Airtel stock price scaled a new high due to fresh buying by investors, Vodafone Idea stock was down 25 per cent as hordes of investors exited the counter

AGR verdict: Ball now in govt's court to salvage telcos, say banks

No scope for reworking repayment obligations unless there is a default, they say

UVARCL, a Delhi-based company that's sweeping up bankrupt telcos

UVARCL's biggest bid so far, for Anil Ambani's firms, awaits CoC clearance

Govt rules out more reliefs to telcos, feels sector out of financial stress

Bharti Airtel and Vodafone Idea will have to shell out Rs 35,000 crore and Rs 54,000 crore, respectively

Deposit unclaimed consumer money to telecom education fund: Trai to telcos

The income from the fund is utilised for programmes and activities relating to consumer education and protection.

Bharti Airtel's fundraise garners $10 billion, three times its target

The issue opened Wednesday and has already been oversubscribed and according to banking sources the allocation of the shares will be made next week