Page 39 - Vodafone Idea

DoT's test checks on telcos' AGR dues assessment may start soon: Report

A DoT official said that "test checks" of AGR calculation for a sample year would commence shortly and it could be as early as this week at least for large telecom companies

Where will Vodafone drama end?

The company may blame what is effectively a double taxation regime, but it has also failed to adapt its business model when faced by Reliance Jio's disruptive entry

Telcos need to wait more for relief on AGR as govt scrambles over data

Members of the DCC refused to comment on the discussions held during the two-hour meet. More details are required for reconciliation of AGR data, sources said

DCC may discuss telcos' AGR issue on Friday; COAI presses for relief

The industry has made a string of demands including a moratorium, staggered mode of payment, lower licence fee and setting up of a tariff floor.

AGR: Digital Communications Commission may meet on Friday to discuss relief

Among the options likely to be deliberated tomorrow is allowing staggered payments for statutory dues for telecom industry

AGR dues: Voda Idea seeks relief; asks DoT for Rs 8,000 crore GST refund

The company has so far paid Rs 3,500 crore in AGR dues

AGR dues: Voda Idea says it can meet liabilities only with govt support

Vodafone Idea said adjustment of GST credit due from the government could help in meeting its AGR payment

Market Ahead, February 27: Top factors that could guide markets today

Adding to the cautious mood on the Dalal Street will be the expiry of the February series derivative contracts today and the release of the Q3 GDP data tomorrow

Market Ahead, February 26: All you need to know before the Opening Bell

The SGX Nifty is indicating a gap-down opening for the domestic indices today

Vodafone Idea, Bharti Airtel losses were gains for Jio and BSNL in December

Vodafone Idea and Airtel lost 3.6 million and 11,050 users, respectively

Telecom companies to submit self-assessment documents on AGR maths

However, no deadline has been given to companies to submit the supporting documents

Vodafone Idea, Bharti Infratel spar over Indus Towers' stake sale

The clash is over Vodafone Idea's 11.5 per cent stake in Indus Towers

Bharti Infratel up 10% post DoT nod to Indus Tower merger; Board meet today

The approval comes at a time when the telecom companies stare at Rs 1.47 trillion in unpaid dues in the adjusted gross revenue (AGR) issue

The telecom mess

If the sector turns into a duopoly (ignoring the struggling BSNL-MTNL combine for the moment), Airtel and Jio will find it hard to absorb the 300-million-plus VIL customers who will have to be ported.

AGR issue: Top FinMin, NITI, DoT officials talk relief measures for telcos

The telecom department officials remained tightlipped after the high-level meeting on Sunday

Drill oil but dial telecom

Inclusion of non-telecom income in the overall calculation means the higher the oil price, the bigger the AGR share of the government

Govt takes a call to save telecom firms, but no relaxation likely on AGR

The Union government is of the view that there can be a debate on the quantum of payment and penalty but not on the fact that the companies have to make the payments

AGR dues: Three rating agencies downgrade Vodafone Idea in two days

According to official sources, VIL paid Rs 1,000 crore to the Department of Telecom on Thursday

AGR dues: Telcos owe Rs 22k cr in licence fees, Rs 70k cr in interest, fine

Besides licence fees, telecom companies owe Rs 55,054 crore in spectrum usage charges (SUC), as per estimates of the Department of Telecommunications (DoT)

Sunil Mittal meets Prasad, tells Airtel will clear AGR dues before March 17

The Centre said telcos had already paid about Rs 16,000 crore in AGR dues and some had assured further payments in a week's time