Page 19 - Adjusted Gross Revenue

Govt not included AGR dues payment in Budget 2020-21: DEA Secretary

15 entities owe the government about Rs 1.47 trillion in past dues -- Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges

Budget data suggests some AGR dues payment likely in FY20: Goldman Sachs

Telcos' ability to participate in spectrum auctions in the near term remains an uncertainty, it observed

BSNL, MTNL employees taking VRS need to wait till April for dues

This is because the Union Budget does not have provision for any expenditure towards the programme in the current fiscal year

Telecom: Govt expects to double revenues from license fees, spectrum

According to COAI estimates telcos pay around Rs 16,000 to Rs 17,000 crore as license fee and SUC annually

Burdened with AGR dues, telcos rue absence of relief measures in Budget

The telecom industry had been pinning its hopes on the Union Budget to offer some breather on licence fee and spectrum usage levies

Govt estimate of revenue from telecom up two-folds to Rs 1.33 trn for FY21

It expects a revenue of Rs 58,686.64 crore under communications head in the current fiscal year against budgeted amount of Rs 50,519.8 in 2019-20.

Top headlines: COAI comes to telcos' aid on AGR, coronavirus case in India

From the first confirmed case of coronavirus in India to COAI seeking more time for telcos for payment of dues, here are the day's top headlines

AGR: COAI urges govt to offer telcos 10-15 years for settlement of dues

Fifteen telecom companies owe the government Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges

No case for differential treatment to PSUs on AGR dues matter, says COAI

Fifteen telecom companies owe the government Rs 92,642 crore in unpaid licence fee and another Rs 55,054 crore in outstanding spectrum usage charges.

AGR dues: $3 bn fundraising reduced business flow risk, says Airtel Africa

It added that the group has adequate committed and non-committed facilities to operate as a going concern.

Franklin Templeton MF sidepockets Voda Idea debt following NCD downgrade

Fund house has carved out separate portfolios in six schemes to hold the exposure

Power Grid Corp moves SC against DoT demand of Rs 22,000 cr in AGR dues

The company said its revenue from telecom business was only 2% of its turnover

Ind-Ra downgrades Voda-Idea's Rs 3,500 cr NCD over AGR-related debt

Vodafone Idea AGR dues as estimated by the Department of Telecom stands at a cumulative Rs 53,038 crore, including Rs 24,729 crore of SUC dues and Rs 28,309 crore in licence fee

AGR dues: Telcos may have to pay principal and penalty amounts immediately

Though this standby payment plan is being readied, everything, however, depends on the apex court decision, the sources added

AGR dues: No coercive action against telcos till SC hearing, says DoT

Firms had to pay AGR dues worth Rs 1.47 trillion by Jan 23

Sebi glare on Voda Idea writedown by mutual funds after AGR verdict

Franklin Templeton MF announced 100% mark-down; others followed valuation metric after SC rejected telcos' petition

Reliance Jio pays Rs 195 cr to DoT to clear all AGR dues in advance

The company has made provision of Rs 177 crore to pay for the government revenue share based on the Supreme Court judgement dated October 24, 2019.

DoT to take no coercive action against telcos for missing AGR deadline

Bharti Airtel, Voda Idea and the Tatas are set to miuss the Jan 24 deadline as they would wait until next week, when their "modification" petition will be heard by the SC, before making AGR payments

AGR dues: OIL moves SC; Moody's says business conditions risky in India

OIL has received demand notices for the period from FY08 to FY19 amounting to over Rs 48,000 crore including licence fee, penalties and interest, the company said

A $21-billion telco war comes down to $2; consumers jump into the fray

The country's broken financial system would take a fresh hit; new 5G networks could be delayed; and the government's annual revenue from the sector might get squeezed