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
Bharti Airtel, Vodafone Idea, and Jio had urged the government to reduce the price, following which the matter went to the regulator for a review.
In October, the government had constituted a CoS, headed by Cabinet Secretary Rajiv Gauba, to explore a financial bailout package for the telecom sector
The source also indicated that the telecom department will not intervene in recent announcement by telecom operators to raise tariffs.
Telcos have reduced their tariffs so much that they earn only Rs 75 per user per month, nationally
Payouts related to AGR by non-telcos to far exceed demand made on telecom operators, including those that have either shut down or sold off
This comes soon after all three private telecom operators announced they were raising mobile phone tariff