AGR Dues: Telecoms Seek Relief from Interest, Penalty
Telecom operators, including Airtel & Vodafone Idea, seek waivers on interest & penalties related to AGR dues. Supreme Court rulings impact financial stability. Government considers options.
Vodafone Idea: AGR Dues, Equity, and Government Stake
Vodafone Idea seeks AGR dues waiver, faces financial strain. Government stake could rise to 49%. Supreme Court to hear appeal. Telecom competition concerns raised. Key issues: AGR, debt, and survival.
Bharti Airtel Seeks Clarity on AGR Conversion to Equity
Bharti Airtel seeks clarity on converting AGR dues into equity for a level playing field. Plans to expand home broadband and data centers despite reduced mobile network investments. Reports revenue growth.
Let millions of data users bloom and telco top lines will cross a trillion
"Smartphone penetration and growing data usage have been the largest contributors to accelerating revenue growth for telecom companies even though subscriber addition has been relatively modest," said Balaji Subramanian, vice president at equity research firm IIFL Securities.
Customers consuming more should pay more, subs loss to BSNL reversing quickly: Vi official
During Vodafone Idea (VIL) earning call for the second quarter ended September 30, 2024, the company's CEO Akshaya Moondra said that the loss of subscribers to BSNL due to the recent tariff hike is quickly reversing because of the state-run telecom firm's "network experience".