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
No scope for reworking repayment obligations unless there is a default, they say
UVARCL's biggest bid so far, for Anil Ambani's firms, awaits CoC clearance
Bharti Airtel and Vodafone Idea will have to shell out Rs 35,000 crore and Rs 54,000 crore, respectively
The income from the fund is utilised for programmes and activities relating to consumer education and protection.
The issue opened Wednesday and has already been oversubscribed and according to banking sources the allocation of the shares will be made next week
The recovery of past dues by the government was based on adjusted gross revenue of about Rs 92,000 crore
Half of the 390 million users may look at having one mobile number
Telecom companies owe the government Rs 92,642 crore in unpaid licence fee, and another Rs 55,054 crore in outstanding spectrum usage charges.
The GoM includes Defence Minister Rajnath Singh, IT and Telecom Minister Ravi Shankar Prasad, among others
DCC has decided to offer a two-year moratorium on payment for the airwaves
Incumbent operators fought a public battle against Reliance Jio for the extension of the regime
The Trai has all along maintained that floor prices are not desirable
The move came after the Telecom Department sought the regulator's recommendation on the issue
The flaw existed in the application programming interface (API) of the Airtel smartphone app
The comment comes within weeks of Vodafone Global CEO Nick Read making a similar point
Telecom sector is still far from the desired stability
Analysts have also revised ARPU estimates
The letter further said both domestic and international banks are unwilling to provide any form of liquidity to the TSPs given the poor financial prospects of the operators
Vodafone Idea this month booked a $7 billion quarterly loss, the biggest in Indian corporate history, in large part due to provisions for payments owed