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Mobile tariffs need to be raised, stresses Vodafone Idea MD, CEO Ravinder Takkar; calls staggered payment of AGR dues good outcome
Mon, Sep 07, 2020
Dubbing Supreme Court providing 10 years to telcos to clear past dues as a good outcome, Vodafone Idea Limited's MD & CEO, Ravinder Takkar, MD and CEO, has stressed that mobile tariffs need to be raised to give ensure sustainability and returns to companies.
AGR Verdict Relief! Supreme Court gives telecom operators 10 years to pay dues
Tue, Sep 01, 2020
AGR verdict: The Supreme Court on Tuesday allowed telecom operators 10 years to pay dues related to adjusted gross revenue (AGR). The verdict comes as a relief for telecos fighting for survival. Among others, Vodafone-Idea, which owes over Rs 58,000 cr in AGR dues, was closely watching the apex court verdict.
AGR: Bharti Airtel pays Rs 8,000 cr more in 2nd installment to Department of Telecom - All details here
Sat, Feb 29, 2020
In a major development, telco major Bharti Airtel on Saturday paid another Rs 8,004 crore more as statutory dues in its second instalment to Department of Telecom (DoT).
Finance Ministry nod for relief to telcos unlikely
Sun, Feb 23, 2020
The Finance Ministry is unlikely to give consent to any cut in the licence fee and the spectrum usage charges (SUC) for relief to telcos to meet adjusted gross revenue (AGR) dues, due to its own revenue position and economic slowdown.
SC initiates contempt action against telcos for non-payment of dues
Fri, Feb 14, 2020
The Supreme Court today rejected a plea by telecom operators seeking more time to settle AGR dues and began contempt proceedings against the companies
SC rejects AGR review petition of telecom companies
Thu, Jan 16, 2020
Supreme Court of India has rejected telecom companies' Adjusted Gross Revenue (AGR) review petition. Now telecom companies have to pay dues amount, which amounts to around ₹92,000 crores.
Reliance Jio’s adjusted gross revenue fell 12% in April to June quarter
Sat, Sep 30, 2017
Attractive discounts and freebies have cost Reliance Jio Rs 1036.56 crore in adjusted gross revenue during the first quarter of FY18.
Telcos gross revenue up nearly 13% to Rs 73,344 crore in April-June
Sat, Dec 03, 2016
Gross revenue of telecom service providers rose by 12.79% to Rs 73,344 crore in April-June period of 2016 compared to a year ago period.