Page 62 - Vodafone Idea

India's 'self-goal' in telecom

And urgent steps to avert a cascading crisis

Floor price ain't good maths

It's avoided by regulators in developed countries as it is considered anti-competitive and anti-consumer

Govt asks Airtel, Voda Idea, others to pay balance AGR dues without delay

The telecom department wrote to all the telcos asking them to pay balance dues "without delay" and also submit detailed bifurcation of payments

Govt to allow telecom firms to defer payments of future spectrum auctions

Meanwhile, the Department of Telecom is preparing to issue fresh notices to telecom companies asking them how they had calculated their dues linked to AGR

DoT to issue notices as AGR receipts add up to only Rs 24,000 crore

With significant discrepancies cropping up in the AGR math, the industry may be facing a fresh round of dispute

Tower firms stare at Rs 8,000-crore loss if Vodafone Idea shuts business

Company uses around 180,000 towers with various vendors

Voda Idea pays Rs 3,043 cr, Airtel gives Rs 1,950 cr as spectrum dues

The move assumes significance as VIL has been under financial pressure and is confronted with AGR (Adjusted Gross Revenue) liabilities of over Rs 53,000 crore

DoT's test checks on telcos' AGR dues assessment may start soon: Report

A DoT official said that "test checks" of AGR calculation for a sample year would commence shortly and it could be as early as this week at least for large telecom companies

Where will Vodafone drama end?

The company may blame what is effectively a double taxation regime, but it has also failed to adapt its business model when faced by Reliance Jio's disruptive entry

Telcos need to wait more for relief on AGR as govt scrambles over data

Members of the DCC refused to comment on the discussions held during the two-hour meet. More details are required for reconciliation of AGR data, sources said

DCC may discuss telcos' AGR issue on Friday; COAI presses for relief

The industry has made a string of demands including a moratorium, staggered mode of payment, lower licence fee and setting up of a tariff floor.

AGR: Digital Communications Commission may meet on Friday to discuss relief

Among the options likely to be deliberated tomorrow is allowing staggered payments for statutory dues for telecom industry

AGR dues: Voda Idea seeks relief; asks DoT for Rs 8,000 crore GST refund

The company has so far paid Rs 3,500 crore in AGR dues

AGR dues: Voda Idea says it can meet liabilities only with govt support

Vodafone Idea said adjustment of GST credit due from the government could help in meeting its AGR payment

Market Ahead, February 27: Top factors that could guide markets today

Adding to the cautious mood on the Dalal Street will be the expiry of the February series derivative contracts today and the release of the Q3 GDP data tomorrow

Market Ahead, February 26: All you need to know before the Opening Bell

The SGX Nifty is indicating a gap-down opening for the domestic indices today

Vodafone Idea, Bharti Airtel losses were gains for Jio and BSNL in December

Vodafone Idea and Airtel lost 3.6 million and 11,050 users, respectively

Telecom companies to submit self-assessment documents on AGR maths

However, no deadline has been given to companies to submit the supporting documents

Vodafone Idea, Bharti Infratel spar over Indus Towers' stake sale

The clash is over Vodafone Idea's 11.5 per cent stake in Indus Towers

Bharti Infratel up 10% post DoT nod to Indus Tower merger; Board meet today

The approval comes at a time when the telecom companies stare at Rs 1.47 trillion in unpaid dues in the adjusted gross revenue (AGR) issue