Vodafone Idea and Bharti Airtel have announced to raise mobile calling and data rates from December 3
The company has announced new plans for prepaid product and services with 2 days, 28 days, 84 days, 365 days validity
Vodafone Idea this month booked a $7 billion quarterly loss, the biggest in Indian corporate history, in large part due to provisions for payments owed
Gross revenue of the telecom sector in 2016-17 was Rs 2.65 lakh crore, which had reduced to Rs 2.46 lakh crore a year later and then to Rs 2.24 lakh crore in 2018-19, the ministers said
Is there a way out? First and foremost, recognise that we are dealing with issues of solvency
Workers under contractors for BSNL have not received their wages since December last year
In October, the government had constituted a committee of secretaries (CoS) - headed by Cabinet Secretary Rajiv Gauba - to explore a financial bailout package for the telecom sector
We will not interfere in their decision to raise tariffs but if the consumer is affected due to the increase we will intervene, says a senior DoT official
Tariff increase by telcos was long overdue
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
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
The latest move by the Telecom Regulatory Authority of India is aimed at ensuring that banks, insurance companies and others would have a ready list of mobile numbers that are disconnected
For the telecom sector, the Union Cabinet approved a two-year moratorium on payment of pending spectrum auction instalments
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
Experts also feel that the telecom industry is not ready for an auction and the government can instead explore other ways of making available the airwaves to companies
The move to defer payments for 2020-21 and 2021-22 will give Rs 42,000 crore relief to Bharti Airtel, Vodafone Idea and Reliance Jio
Earlier this week, Reliance Jio, Airtel and Vodafone all announced tariff hikes to be effective from next month
CCI does not need to wait to pick up cases only after it is approached by an affected party, it can and has done suo moto cases too
The decision of Vodafone Idea and Airtel to raise tariffs is being seen as a step to encourage the government to offer a relief package to the industry