'DIPAM is likely to work on the details and then send it to the Department of Telecom. The process should not take more than a month,' says a senior government official
While most brokerages have given a thumbs up to the development and suggest the provisions give some breathing space to Vodafone Idea (VI), Bharti and Reliance Jio, too, stand to gain
Cabinet rationalises AGR definition, excludes non-telecom revenue of telcos from payment of statutory levies, allows 100% automatic FDI in telecom sector with safeguards
Since the Supreme Court has now decided on a 10-year repayment tenure, it would clearly be a big challenge for Vodafone Idea, which is already steeped in debt
The industry is talking of ARPUs going up anywhere from 60 per cent to 80 per cent over next two-three years, and that can happen by way of tariff increase
Government will stop collecting annual licence fee and spectrum usage charge from operators, according to the tentative proposal. Instead, the operators will give fees to the SPV.
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
Recently, SC had upheld the government's definition of adjusted gross revenue (AGR) and directed telecom operators to pay up the pending dues that could add up to an estimated Rs 1.33 trillion