Page 15 - Adjusted Gross Revenue

Trai proposal puts liability burden on sellers in telecom M&A deals

Experts are of the view that these reforms are too little, too late

Trai moots reforms in transfer, merger norms for telecom licences

Trai's suggestions range from marketshare math to approval timelines, and other terms

Top 10 business headlines: Ambani vs Chandra, SBI Cards IPO, and more

The much-awaited initial public offering of SBI Cards and Payment Services, a subsidiary of State Bank of India, will open on March 2, confirms its prospectus

Govt takes a call to save telecom firms, but no relaxation likely on AGR

The Union government is of the view that there can be a debate on the quantum of payment and penalty but not on the fact that the companies have to make the payments

AGR dues: Three rating agencies downgrade Vodafone Idea in two days

According to official sources, VIL paid Rs 1,000 crore to the Department of Telecom on Thursday

AGR dues: Telcos owe Rs 22k cr in licence fees, Rs 70k cr in interest, fine

Besides licence fees, telecom companies owe Rs 55,054 crore in spectrum usage charges (SUC), as per estimates of the Department of Telecommunications (DoT)

AGR dues: Govt to balance compliance, telcos' health, consumer interest

The government will ensure coordination on three aspects -- compliance to SC order, ensuring health of the sector and customer interest, the source added

Sunil Mittal meets Prasad, tells Airtel will clear AGR dues before March 17

The Centre said telcos had already paid about Rs 16,000 crore in AGR dues and some had assured further payments in a week's time

DoT to begin test checks, verify telcos' claims of lower AGR dues: Report

The 'test check' will happen for all telcom firms but will start with those claiming they have already made full and final settlement towards their statutory liabilities

DoT to issue fresh notice to telcos calling for full payment of AGR dues

Won't let Tata Teleservices get away by paying only principal; Airtel and Vodafone Idea too have paid only in part; dept to seek legal advice on invoking bank guarantees

AGR dues: Vodafone Idea has paid Rs 1,000 crore to DoT, say sources

Earlier this week, the telecom company had paid Rs 2,500 crore and said it would pay Rs 1,000 crore more by the end of the week

Top 10 biz headlines: Dish TV-Bharti Airtel deal, AGR crisis, and more

The Department of Telecom is still working on final adjusted gross revenue dues that service providers have to pay as it has detected variation in accounting practices adopted by different circle offi

DoT still working on final AGR dues due to varying accounting practices

Telecom operators have been submitting two separate audited details of deduction towards interconnection usage charges and roaming fee to the DoT

Sunil Mittal, K M Birla meet FM on telecom crisis as AGR deadline closes in

It is learnt that the two telcos have proposed a few options to the Union government for consideration

Sunil Mittal, Birla meet FM as AGR crisis looms over telecom sector

While the two refused to comment on discussions they had with Sitharaman, Mittal said the telecom sector has been under stress for the last three-and-a-half years

Who gains if Voda-Idea fails

Jio, which is not burdened with legacy network and user base, may find it easier to increase its capacity to accommodate Voda-Idea subscribers faster

Govt should offer one-time settlement to telcos, waive penalties: S C Garg

Former finance secretary Subhash Chandra Garg on Wednesday said the government should offer a one-time settlement scheme to the telecom companies to pay the principal due amount as per the AGR definition and waive the penal interest and penalties. The massive Rs 1.47 lakh crore of adjusted gross revenue (AGR) dues are pushing telecom firms to the brink. In a blog titled 'Rebuilding Telecom Business in India', Garg said the telecom crisis in India is not just limited to AGR-related issues. "Offer a one-time settlement scheme to the telecom companies (both operating and under resolution) to pay the principal due amount as per the AGR definition as contained in the licensing agreements and waive the penal interest and penalties. "Alternatively, appoint a board for Vodafone Idea Ltd by ousting the current board on the lines of action taken in the case of IL&FS and DHFL and secure a moratorium of some time on servicing of loans and government dues," he said. Garg noted that the telecom

What are AGR dues and how it threatens Vodafone-Idea's very existence

Shares of Vodafone Idea jumped 48 per cent to Rs 4.49 on the BSE on Wednesday on the back of heavy volumes on report that the government is unlikely to invoke bank guarantees for now

AGR dues: Vodafone Idea on the brink as DoT may invoke bank guarantees

Solicitor General's view sought after SC refuses relief; telcos pay a fraction of the total AGR dues

Govt needs to focus on telecom sector's sustainability, says Sunil Mittal

He said Airtel has already announced its plans to pay the dues that arose from the apex court ruling