There have been reports of telecom companies approaching the regulator to fix the floor price or minimum tariff to be offered by them
As operators have already announced that they will increase tariffs, Telecom Regulatory Authority of India will wait to see how the entire situation unfolds
Telcos have reduced their tariffs so much that they earn only Rs 75 per user per month, nationally
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
Another official said that as things stand now there is no move to initiate any consultation on floor price
Jio is waiting for the tariffs numbers announcement by the telcos duo and will react after that
We have not received anything," Sharma said when asked if the DoT has approached Telecom Regulatory Authority of India
The central government has objected to the reported comments of Nick Read, chief executive of Vodafone, that the India unit of the telecom major was headed for liquidation due to, among other factors, the Supreme Court decision requiring payment of Rs 28,300 crore as spectrum dues.According to media reports, Union telecom and communications minister Ravi Shankar Prasad spoke to Vodafone Idea chairman Kumar Mangalam Birla to express displeasure. Vodafone Plc, the parent entity, says its chief's comments were taken "out of context", presenting an incorrect picture. Vodafone Plc owns 44.3 per cent stake in Vodafone Idea; the Aditya Birla Group holds 26.5 per cent.According to the transcript of Read's utterances, he'd told analysts that due to the Supreme Court's ruling on the correct way to determine telecom company dues from their Adjusted Gross Revenue (AGR), on top of the financial stress already present, the situation of the telecom sector in India and at Vodafone Idea was a ...
State distribution utilities in 17 of the 29 states have filed tariff petitions for FY20
Telcos' demand for a floor price is a bad idea