Vodafone Idea has been in trouble for a long time because of the massive financial distress caused by the default in AGR dues. The supreme bench asked the telcos to pay their AGR dues without any delays. However, banks addressed the government and mentioned their concern regarding the massive debt … Read More
The Supreme Court’s verdict regarding the payment of AGR dues has been giving massive financial distress to telco giants such as Vodafone Idea, Bharti Airtel and others. In total, the telcos have a pay a cumulative amount of Rs 1.47 lakh crore to DoT towards AGR dues. The supreme bench … Read More
The much-awaited news for Vodafone Idea Limited seems to be finally here. Reports on the web say that the Cabinet has approved relief package for the stressed telecom sector. While the complete details of revival package are yet to come out, this is a piece of really good news for … Read More
The Telecom Industry in India has been facing massive financial distress as the telco giants are suffering to pay their AGR dues. Earlier, the government directed all the telcos to pay their AGR dues without any future delays. Telecom operators such as Vodafone Idea, Bharti Airtel and other stressed telcos … Read More
Over the last few weeks, we have been hearing a lot about Vodafone Idea Limited and its massive financial stress. The telco has to pay over Rs 53,000 crore to the government towards AGR dues. As we reported last week, Vodafone Group CEO was about to meet government officials to … Read More
Vodafone Idea Limited today announced the launch of TurboNet 4G services in Pune and Pimpri-Chinchwad (PCMC). The telco also successfully integrated Vodafone and Idea networks in both locations. Furthermore, Vodafone Idea said that Pune and PCMC is the biggest territory for the operator in Maharashtra & Goa circle, where it … Read More
Vodafone Idea is trying to clear off the cash crunch situation as the telco giant is facing a heavy financial burden. The telco giant will likely pay Rs 3,000 crore towards spectrum dues which will eliminate the stress of bank guarantees invoked by DoT. Also, the clearance of spectrum dues … Read More
A lot of things are being said about the continuation of Vodafone Idea Limited in the Indian telecom market. Thanks to the whopping Rs 57,000 crore AGR dues, Vodafone Idea is on the brink of closure, but that isn’t stopping the telco from launching new offers. In a bid to … Read More
Telecom operators have appealed the government to fix the floor tariffs rate by April 1. Also, telecom operators have asked the government to allow a three-year moratorium which would be followed by 15-year payment schedule for AGR dues along with the abolishment of bank guarantees as significant steps which would … Read More
DoT officials appealed to India’s two important MNP providers Syniverse Technologies India and MNP Interconnection Telecom Solutions India on how many porting requests the providers can process in a day, as the government is looking for alternate solutions in case if Vodafone Idea fails to pay their AGR dues. As … Read More
Vodafone Idea urged the government to give them a period of 15 years to pay their AGR dues. Also, the telco giant has asked DoT and government officials to provide a tax refund, slack their license fees and spectrum usage charges (SUC) along with the introduction of floor tariffs which … Read More
Vodafone Idea has been surrounded by cash crunch as no relief has been given by the Supreme Court. However, the telco giant might get a big mollification as Oaktree capital is planning to lend 11.5 % stake in Indus tower. However, Vodafone Idea must expect a higher rate of interest … Read More
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