Sunday, October 24, 2021

Tag: AGR

Vodafone Idea

With govt telecom relief package, Vodafone Idea gets AGR breather but balance sheet pinch to continue

The telecoms sector's relief package is anticipated to benefit not just all wireless providers, but particularly Vodafone Idea, which is said to be closing. Vodafone Idea, India's third-largest operator by user base, is reported to be on the verge of bankruptcy due to rising debt and operational costs. 
Vodafone Idea

Amid closure buzz, Centre may announce relief package for cash strapped Vodafone Idea

The Union government has been in talks with several stakeholders, including banks, for a package for the sector as Vodafone Idea continues to bleed following heavy losses
Airtel (Photo: Agency)

SC restricts DoT to invoke Airtel bank guarantees over non-payment of AGR dues

A three-judge bench led by Justice L Nageswara Rao allowed Bharti Airtel to go to the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) for relief over the issue
Vodafone Idea

Vodafone Idea survival hopes fade more as Q1 net loss balloons to Rs 7312.9 crore

Total quarterly revenue for the cash-strapped operator fell to Rs 9152.3 crore in the April-June from Rs 9,607.6 crore when compared sequentially
Ashwini Vaishnaw, Union Minister for IT, Telecom and Railways (Photo: PIB)

SC observation on AGR due payments by top telcos likely today

The matter will be heard by a three-judge bench headed by Justice L. N. Rao and comprising Justice Abdul Nazeer and Justice M.R. Shah
Vodafone Idea

Amid closure buzz, top fund managers bet big on Vodafone Idea revival plan

HDFC AMC and Aditya Birla MF, are among the top five funds in the country by assets, have put in big bets on Vodafone Idea's survival
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