Tag Archives: AGR

Rate increase will depend on the largest telecommunications company: President of Bharti Airtel, Sunil Mittal

Bharti Airtel Chairman Sunil Mittal believes India will be a major player in cutting-edge 5G technology, but wants prices to be favorable to investors. In a conversation with Commercial standardMittal spoke about the urgent need to increase mobile rates, the industry’s interest in the upcoming 4G spectrum auction, the company’s …

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‘Telecommunications companies must pay 10% of the total AGR fees before March 31, regardless of the payment made’, Telecom News, ET Telecom

By Prasoon Srivastava New Delhi: Telecom operators, including Bharti Airtel and Vodafone Idea, which have outstanding adjusted gross revenue installments, will be required to pay 10 percent of total liabilities by March 31, regardless of any partial payments they have made, according to sources. governmental. Operating telecom operators are expected …

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Bharti Infratel board approves merger with Indus Towers

NEW DELHI: Bharti Infratel’s board approved Tuesday the long-pending merger with Indus Towers Ltd, first announced in April 2018, to create the world’s largest mobile tower operator outside of China. The deal will allow the cash-hungry Vodafone Idea Ltd to sell its 11.15% stake in Indus Towers for ₹4,000 crore, …

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SC allows 10 years for staggered AGR installment payments

NEW DELHI: The Supreme Court on Tuesday granted telecom operators 10 years to pay fees related to adjusted gross income (AGR). The development comes as a relief to Vodafone Idea Ltd, whose survival would have been a concern even if the higher court had not staggered the payment. The company …

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SC AGR verdict to decide the fate of Voda Idea

New Delhi: On Tuesday, the Supreme Court will pronounce its order on the possibility of allowing telecommunications companies the phased payment of fees related to adjusted gross income (AGR). The verdict will decide the survival of Vodafone Idea Ltd, which still owes more than ₹50,000 crore for the Center in …

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