Vodafone Idea is now squeezed between high debt and poor revenue realisations
Jio is waiting for the tariffs numbers announcement by the telcos duo and will react after that
The financial system cannot afford another massive hit after the PSB saga, NBFC/HFC problems and urban cooperative bank fiasco
The company, however, did not disclose the range or details of the proposed tariff hike
While the sector awaits a lifeline, a sharp reduction in capital and opex has aided cash flows
Analysts say make customer centricity a priority to improve performance and reassure stakeholders
SBICap Securities said VIL reported a net loss of Rs 50,921 crore on the back of provisioning for the liability arising from the Supreme Court ruling on the AGR issue
Bankers said that at present, both operators are current in their repayments. However, the concern is over the future debt repayment capacity
Traffic symmetry indicates that a telecom operator will not have any outstanding balance of interconnect usage charges (IUC) against other networks
Vodafone Idea also derecognised the deferred tax assets amounting to Rs 13,940 crore recorded up to June 30, 2019
On a specific question on minimum tariff fixation, Takkar said he did not wish to speculate on how floor price mechanism can be implemented
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Vodafone Idea yesterday reported a massive net loss of Rs 50,922 crore for the July-September quarter, the highest-ever quarterly loss by an Indian company
The CEO said that Vodafone Idea had not accelerated payments to any banks.
Airtel said that IUC should not come down to zero and the BAK regime should be postponed by at least three years
Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay fees the government said were due from prior years
Vodafone Idea yesterday reported a massive net loss of Rs 50,922 crore, the highest-ever for an Indian company, in the September quarter after it provided for payments related to AGR
Vodafone Idea's net debt to equity ratio has jumped to a record level of 4.5x at the end of September this year, as against 1.24x at the end of June and 1.8x at March-end
AGR liability leads to pre-tax loss of Rs 36,959 crore
Read has retracted his criticism, but he was pointing out the obvious - the current pricing regime is unsustainable