Cabinet freezes Rs 87,695 crore AGR dues of Vodafone Idea for 5 years
Vodafone Idea's AGR dues amounting to Rs 87,695 crore have been frozen as of December 31, according to reports.
Vodafone Idea's AGR dues amounting to Rs 87,695 crore have been frozen as of December 31, according to reports.
The Centre on Tuesday announced several key changes to simplify approval processes for telecom licenses and wireless equipment, in its bid to further pursue structural reforms and ease of doing business in the telecom sector.
Presently, standalone licenses for VMS/Audiotex/ UMS are being issued by DOT as per the existing guidelines in 2001.
"The industry requires long overdue support to maintain its current 3+1 industry structure and allow players to earn a respectable return on their investments," Mittal said.
The leading industry experts said that many of the patterns and trends that have emerged during the pandemic situation are going to stay and the telecom sector needs to get prepared for that.
During a press meet Sitharaman said that the government intends to address the concerns of the crisis-ridden telecom companies which are facing billions of dollars of fresh statutory liability following a recent Supreme Court ruling.
Not just fiscal policy support but a structural one is needed to ease the massive debt burden which is “slowly…
Telecom Commission, the highest decision making body of the Telecom Department, has deferred its decision on relief package for debt-laden…
Communications Minister Manoj Sinha said "corrective steps" would be taken by the government to ensure orderly growth of the telecom…
In the wake of recent liquidity crisis at Reliance Communications, global rating agency Fitch Ratings on Tuesday said though the…
