Telco says BSNL and MTNL, which are arms of DoT, also paid licence fee on the same basis
The last date to submit bids will end on Monday and RCom (Reliance Communications) committee of creditors will also meet on the same day to open bid
Payouts related to AGR by non-telcos to far exceed demand made on telecom operators, including those that have either shut down or sold off
Airtel, Vodafone Idea, Tata Tele seek waiver of interest, penalty
One of the review petitions has sought open court hearing in the matter
The Supreme Court had on October 24 ruled that non-telecom revenues will be included while calculating statutory dues towards the government
Review petitions are to be filed within a month of original decision which came on October 24
The net worth of Birla has shrunk to about $6 billion from $9.1 billion two years ago
Incumbent telcos Bharti Airtel and Vodafone Idea have said they would go for a review petition of the SC order, but they have limited time to move court
This comes soon after all three private telecom operators announced they were raising mobile phone tariff
Telecom players including Airtel and Vodafone Idea had sought some relief from the telecom sector
Earlier this week, Reliance Jio, Airtel and Vodafone all announced tariff hikes to be effective from next month
After Jio's tariff hike announcement, RIL is on the verge of hitting the Rs 10 trillion m-cap mark
From auto retail sales to PSB frauds, here are the top 10 business headlines for the day.
Jio reported adding 698,3146 subscribers in Sept , the lowest since it added 6.1 mn in Nov 2017
Bharti Airtel lost 23.8 lakh users in September to take its total user base to 32.55 crore
Bharti Airtel and Vodafone-Idea have announced plans to increase tariffs for customers from December 1
Here are the top news stories that made headlines today
The price hike by Bharti Airtel and Vodafone Idea, however, is a relief given that they are anchor tenants
Bruised by fierce competition to keep prices low, the tariff hike announced by the two companies is the first in several years and follows record second-quarter losses reported by the two operators