Page 38 - Vodafone Idea

Telcos gain on report evaluation of their AGR math may take 6 months

Vodafone Idea surged as much as 23.5 per cent to Rs 4.94 on the BSE while Bharti Airtel was up 2.46 per cent to Rs 508.5

AGR: NITI Aayog does a flip-flop on minimum floor price for telcos

Amitabh Kant claimed that fixing a floor price is in "national interest" and would ensure that the sector is provided with much needed relief measures

AGR dues: Evaluation of telcos self-assessment may take 6 months, says DoT

According to an official with the Department of Telecommunications (DoT), numerous documents for multiple years have to be evaluated and cross-checked, making it a lengthy process.

Telcos' self-assessment of AGR dues may at least take 6 months: Report

The government, last week, had asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the Supreme Court order without further delay.

Vodafone Idea gains 30% in weak market after promising 'new beginning'

According to Business Standard report the Department of Telecommunications indicated that the company was "positive" about India and that it wanted to make a ''new and good beginning'' in the country.

Voda Idea puts AGR dues at Rs 21,533 cr as Nick Read calls on FM Sitharaman

Telecom firm advised to pay up at least the principal amount before SC hearing

Voda Idea pegs dues at Rs 21,533 cr, CEO meets govt for 'new beginning'

Earlier in the day, Vodafone Idea in a statement said it has already paid Rs 3,500 crore out of the "self-assessed" liability of Rs 21,533 crore

Vodafone Idea pegs dues at Rs 21,533 cr, less than half of DoT estimate

Beleaguered Vodafone Idea Ltd on Friday put its total dues to the government following a Supreme Court order at Rs 21,533 crore -- less than half of what the Department of Telecommunications (DoT) has estimated. On a day when Vodafone Group CEO Nick Read met top ministers, including Finance Minister Nirmala Sitharaman and Telecom Minister Ravi Shankar Prasad, the UK telecom giant's India joint venture, Vodafone Idea Ltd in a statement said it has already paid Rs 3,500 crore out of the "self-assessed" liability of Rs 21,533 crore. The DoT, following the Supreme Court ruling in October last year which said that all kinds of income generated by telecom companies will be considered for calculating government dues, had estimated Vodafone Idea's liabilities at over Rs 53,000 crore. On March 4, Minister of State for Communications & IT Sanjay Dhotre, in a written reply to a question in the Lok Sabha, stated that Idea Cellular owed the government Rs 15,230.37 crore and Vodafone Group of ..

AGR dues: Centre rules out any bailout package specifically for Voda Idea

Vodafone Idea has has maintained it would not be possible to continue as a going concern without any relief from the government on payment of AGR dues

Telcos seek floor price for data, voice tariffs to be left to markets

The telcos said that data prices should be regulated keeping in mind the financial health of the sector

Voda Idea dips 6% as govt asks telcos to pay balance AGR dues without delay

Vodafone has so far deposited Rs 3,500 crore in two tranches to the DoT but is still assessing its full AGR dues

Action will be taken if telcos don't pay AGR dues: Govt tells Lok Sabha

This was stated in reply to a question in Lok Sabha on Wednesday by Minister of State for Communications Sanjay Dhotre

Market Ahead, March 5: All you need to know before the Opening Bell

Telecom stocks are likely to remain in focus today as the government on Wednesday asked Bharti Airtel, Vodafone Idea and other telecom companies to pay remaining AGR dues as per the SC order

India's 'self-goal' in telecom

And urgent steps to avert a cascading crisis

Floor price ain't good maths

It's avoided by regulators in developed countries as it is considered anti-competitive and anti-consumer

Govt asks Airtel, Voda Idea, others to pay balance AGR dues without delay

The telecom department wrote to all the telcos asking them to pay balance dues "without delay" and also submit detailed bifurcation of payments

Govt to allow telecom firms to defer payments of future spectrum auctions

Meanwhile, the Department of Telecom is preparing to issue fresh notices to telecom companies asking them how they had calculated their dues linked to AGR

DoT to issue notices as AGR receipts add up to only Rs 24,000 crore

With significant discrepancies cropping up in the AGR math, the industry may be facing a fresh round of dispute

Tower firms stare at Rs 8,000-crore loss if Vodafone Idea shuts business

Company uses around 180,000 towers with various vendors

Voda Idea pays Rs 3,043 cr, Airtel gives Rs 1,950 cr as spectrum dues

The move assumes significance as VIL has been under financial pressure and is confronted with AGR (Adjusted Gross Revenue) liabilities of over Rs 53,000 crore