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 …
Read More »‘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 …
Read More »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, …
Read More »SC gives telecommunications companies 10 years to settle AGR quotas of Rs 1.6 crore; 10% to be paid before March 31
Private telecommunications companies The installments must be paid before February 7 of each successive year and any default will accrue interest. Non-payment will also invite contempt of court proceedings. News18.com Last update: September 1, 2020 12:13 PM IST FOLLOW US: On Tuesday, the Supreme Court gave telecommunications companies 10 years …
Read More »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 …
Read More »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 …
Read More »The Supreme Court will pronounce AGR’s verdict tomorrow at 11:30 am
The Supreme Court court led by Judge Arun Mishra will deliver the long-awaited verdict on the adjusted gross income installments related to telecommunications companies on Tuesday at 11:30 am. Judge Mishra, who became a supreme court judge on July 7, 2014, resigns from office on Tuesday and retires on September …
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