Read has retracted his criticism, but he was pointing out the obvious - the current pricing regime is unsustainable
Saddled with $14 billion of net debt, Vodafone Idea is fighting for survival after India's top court last month ordered it to pay additional fees the government said were due from prior years
The govt must take a call at the highest level at the earliest, treating Vodafone's exit call with all the seriousness that it deserves
Airtel has placed a conditional bid to buy RCom's spectrum, and Bharti Infratel has submitted bids for the Anil Ambani company's mobile towers
Vodafone Chief Executive Officer Nick Read is trying to keep shareholders onside following a dividend cut by focusing on Europe and Africa, where he sees the best chance of defending profits
By some estimates, setting up 5G networks would require $70 billion worth of investments in India.
So far, agile methodologies are largely limited to telco R&D departments
The demand notices will be issued in next two weeks after an assessment in light of the court order is done
Electricity, water, telecommunications, and information technology are currently covered under essential goods
The new AGR demands will add to private players' burden
Continued losses put a question mark on nearly Rs 7 trn worth of equity investment, including reinvested earnings of operators
On the National Stock Exchange, the shares closed at Rs 4.20 apiece, up 7.69 per cent
Till now there was no such limit for calls within India
Govt should address some fundamental issues
RWN resolution may take over six months as it requires clarity on exact amount and timing of payment of dues and whether govt will provide financial relief to telecom sector
CDRI is working with telecom players to ensure sector's infrastructure is less vulnerable to natural disasters
Govt needs to decide what it wants to do with the sector
Intense competition among telcos had already impacted financial profile of firms and court judgment would now only add pressure to burden of paying interest and principal: Senior executive with SBI
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
Dept has apparently sought funds for VRS schemes of the two firms and allotment of 4G spectrum, proposes to raise finances via asset monetisation