The statement further noted that Vodafone is actively engaging with government and they are fully supportive of their local management as they continue to manage the joint venture
Govt should address some fundamental issues
The company rapped the Cellular Operators' Association of India for writing to the government on financial distress in the sector
The committee, led by Cabinet Secretary Rajiv Gauba, will have secretaries from finance, law, telecom ministries
CDRI is working with telecom players to ensure sector's infrastructure is less vulnerable to natural disasters
The verdict will also provide a relief to the government, which is reeling under the problem of controlling its fiscal deficit with some extra revenue
Competition Commission of India (CCI) has started the preparatory work for the study about the telecom sector and it is expected to commence in November, says chairman
In a letter to Prime Minister Narendra Modi, the staff of the beleaguered company said, "We heard that the finance ministry is proposing the closure of BSNL, instead of its revival"
Investments for Jio complete, Airtel towards lower capex spend, Voda Idea capex slows
The move to weed out low-revenue users cost the telco 14 million subscribers in Q1 and analysts predict further erosion, as they feel the strategy may have backfired
The Cellular Operators' Association of India (COAI) further highlighted that the scheme should be for compensation of cost and should not become a "profiteering scheme"
Differences in the sector need to be settled swiftly
According to sources, the DCC asked the Trai to consider reducing recommended penalties on the violators of licence conditions "in view of the health of the sector"
In telecom, the failure to transit early to a model in which service providers had to pay competitive prices for spectrum lies at the heart of the recent shakedown