The effort would be to firm up measures so that the telecom sector does not go down any further, an official said
Without fundraising, the company may not be able to meet its payment obligations over the next 12 months
The company trailed peers on the revenue front in Q4
Debt resolution only after clearance of govt dues, says tribunal
State-run telecom firms BSNL and MTNL have not cleared their adjusted gross revenue (AGR) dues of over Rs 10,000 crore as calculated by the Department of Telecom, according to an official source.
The Department of Telecom has filed an affidavit before Supreme Court on the status of statutory dues paid by telecom operators, a government official said on Tuesday
According to the DoT's calculations, Bharti Airtel owes the exchequer Rs 43,780 crore, of which the company has paid Rs 18,004 crore
Promoters to dilute stake post conversion
DoT says 10% of the outstanding on day of SC verdict last year has to be paid by Airtel, Vi
Robust addition in user base a key driver; highlight of the quarter was 13 million 4G customers added in Wireless business, say firm
Vodafone Idea's monthly average revenue per user jumped 9.73 per cent to Rs 6,435.79 crore
Shares of the telecom operator hit a seven-month high of Rs 601.8 on BSE
The developments come at a time when the deadline for payment of the first installment of AGR dues is nearing - March 31, 2021.
In petition to SC, telco cites errors in AGR calculations; estimates dues at Rs 21,533 cr against DoT's Rs 58,254 cr
Telcos should rationalise tariffs and increase investment
The economy is on the mend but sustained recovery will take time: that's the picture you get by studying the July-September quarter results of 1,286 listed companies. Devangshu Datta reads the numbers
While the telecom company's second-quarter loss narrowed to Rs 7,218 crore, its operational performance was weaker compared to its peers.
Shareholders of the company, which was earlier listed as Idea Cellular, had approved a borrowing limit of Rs 25,000 crore at its AGM in September 2014
The victory at the Hague however will boost sentiment for the stock
This is irrespective of what these telecom companies have already paid; lawyers at both firms going through fine print of the Supreme Court order