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14 Sep 2021

No immediate relief for financially ailing Telecom Sector from govt: Sources

Govt is likely to defer dues for the next 4 years, but instalments will have to be paid after 5 years The govt, however, is unlikely to extend 10 year period as ordered by the apex court, sources said

07 Sep 2020

Vodafone Idea rebrands itself, to go by brand name Vi

Vodafone Idea is a joint venture between Britain`s Vodafone and India`s Idea Cellular. It has recently approved plan to raise up to Rs 25,000 crore through a combination of equity and debt instruments. The upcoming fundraising will offer a lifeline to cash-strapped VIL.

07 Sep 2020

Vodafone Idea to make major strategic announcement– Here is what is expected

Vodafone Idea on Friday approved plan to raise up to Rs 25,000 crore. The fund-raising will throw a lifeline to cash-strapped VIL. It faces outstanding AGR dues of about Rs 50,000 crore.

02 Sep 2020

Vodafone Idea board to meet on Friday to consider fund raising

The board will also consider raising funds through securities. Besides, VIL's 11.15 per cent stake in Indus Towers has an estimated value of Rs 4,040 crore. Vodafone Idea has outstanding dues of Rs 58,250 crore till 2016-17.

16 Jan 2020

SC dismisses Bharti Airtel, Vodafone Idea's pleas to review AGR judgement

The Supreme Court (SC) on Thursday (January 16) rejected the petition of the telecom companies to review its judgement passed on October 24, 2019 ordering the telecom companies to pay dues amounting to around Rs 92,000 crore over the companies’ Adjusted Gross Revenues (AGR).

10 May 2015

Telcos gross revenue rises 9.5% in Oct-Dec 2014: Trai

The monthly average revenue per user (ARPU) of GSM operators increased by 5.8 percent year-on-year to Rs 118.

06 Jan 2015

TRAI recommends reducing USO levy to 3%

Telecom regulator TRAI Tuesday recommended that the USO levy, a part of licence fee paid by operators, should be reduced to 3 percent of their adjusted gross revenue (AGR) from the current 5 percent.

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