Based on Statista data for 2019, Vodafone has 17.2 million subscribers in the UK, 29.5 million in Germany, and over 13.7 million in Spain
Telco provides no clarity on amount, says assessment in next few days
Telecom operators have to collectively pay Rs 1.47 trillion adjusted gross revenue (AGR) dues
OIL's notices are for 2007-08 to 2018-19 and the Rs 48,000 crore includes licence fee, penalties and interest
Vodafone Idea said that the company's ability to continue as a going concern will depend on a favourable order on its modification plea filed before the apex court
Of the three private players, market analysts consider Vodafone Idea to be in the most vulnerable position
Rajnish Kumar said that SBI will not pass on the burden of the hike in premium of deposit insurance to its customers
When asked about the order, Das said it would be internally deliberated upon, if at all there are issues arising out of it
In 2007-8, Telecom Disputes Settlement and Appelate Tribunal had narrowed the scope of AGR. Following this, the then UPA government went into an appeal
A senior government official privy to the development said the January 23 order was issued by the DoT without the consent of the telecom minister or DoT secretary
If firm files for bankruptcy, rules say its daily functions will continue till sale
Cumulatively, the company has lost nearly Rs 45,000 crore in the last four quarters, eroding its net worth to its lowest level in three-year
Telecom operators ignore midnight deadline; Bharti to pay Rs 10,000 cr by Feb 20; Voda Idea still silent
Holding firm to pick up Rs 14,000 cr AGR tab of Tata Tele, which only has Rs 200 cr of cash surplus as on Dec 2019
Vodafone has 304 million subscribers of which 45 per cent are data subscribers
He had issued an order saying no coercive action should be taken to recover Adjusted Gross Revenue (AGR) dues from telecom firms after expiry of the deadline set by the apex court
Airtel owes nearly Rs 35,586 crore, including licence fee and spectrum usage charge, to the government
The DoT, which faced the ire of the Supreme Court for putting on hold recovery of dues from telecom companies, started issuing circle or zone-wise demand notices to firms, an order seen by PTI said
The payments to be made by the companies include Rs 53,000 crore by Vodafone Idea, Rs 35,500 crore by Bharti Airtel and Rs 14,000 crore by the now defunct Tata Teleservices
The department's move came after the Supreme Court directed the managing directors and directors of telcos and other firms to explain why contempt action be not taken against them