The Indian government is giving the telecom sector the breather it needs. It all started with the relief package that was announced back in September 2021. Last year, when the Department of Telecommunications (DoT) got the upper hand on the telcos in the adjusted gross revenues (AGR) dues case at the Supreme Court, some of the people in the industry were perplexed. It felt like the telecom department was out... Read More
Vodafone Idea’s (Vi) future has changed in the course of one month. The telco, which was feared to go bankrupt in the coming years, is now confident about its 5G plans. All of this has been possible because of the relief package that the government announced for the sector. But there’s one more thing you can’t deny; Vi was largely in debt to the government. The telco’s networks aren’t necessarily... Read More
Vodafone Idea (Vi) is confident about its future in India as well as 5G services. This is because of the reforms that the government recently announced. Because of the moratorium on dues announced, it has become possible for Vi to work on its networks for now and not get pressured because of the statutory dues in its books. As per a PTI report, the telco’s non-executive chairman, Himanshu Kapania, Vi,... Read More
Crisil, a ratings agency has upgraded the long-term rating of Bharti Airtel Ltd to AA+. The agency pointed out that the business outlook is stable and cited continued improvement in the operating metrics of the company. The ratings agency also reaffirmed the short-term rating of Airtel. It is expected that the company will show further improvement in the overall credit risk profile over the near to medium term with support... Read More
The government yesterday announced a bailout package for the telecom sector. Brickwork Ratings has called the measures a “much-needed breather” for the industry. The telcos will now not have to worry about paying the adjusted gross revenue (AGR) dues and spectrum usage charges in the next four years. However, the interest on the dues will be added up and will be payable to the government once the moratorium period ends.... Read More
Vodafone Idea, Bharti Airtel, and Reliance Jio, all have shown their support for the relief measures that were announced by the government today. The Government of India (GoI) has changed its definition of the adjusted gross revenue (AGR) dues and have also allowed a moratorium with interest rates for four years in the payments related to AGR and spectrum purchased, ease in process of getting clearance for tower installation, 100%... Read More
India’s number one telecom operator, Reliance Jio, has welcomed the reforms that the Government of India (GoI) has announced for the sector. The telco has called the reforms a “timely” step from the GoI and believes that these new reforms will aid in strengthening the telcos sector of India. Further, Jio said that the relief measures announced will help the government is moving towards its Digital India ambition. Reliance Jio... Read More
After a long wait, there is good news for telecom operators as the cabinet has approved to provide them with a relief package. With this, it intends to maintain a three-private player market, offering them the option to convert a part of their dues into equity towards the government and some part after a period of four years. Telecom Operators’ Relief Package As per ET Telecom citing people familiar with... Read More
Vodafone Idea, Bharti Airtel, and Reliance Jio, the three private telecom operators of the nation, will certainly benefit from the recent changes that have kicked in. The changes that are being referred to here are the change in tariffs and offers provided to the customers. In the September quarter, multiple things took place, such as telcos removed their base plans to earn more out of low average revenue per user... Read More
The Department of Telecommunications (DoT) and the Finance Ministry (FinMin) are in advanced stage discussions about the relief package that is to be provided to the telecom sector of India. Last week, the Cabinet had refused to hear the DoT’s proposal for a relief package for the telecom industry. But that doesn’t mean the relief package won’t come at all. Sooner or later, the Cabinet will have to hear it,... Read More
The IT department of Rajasthan recently ordered the merged telecom service provider Vodafone Idea to pay a fine of Rs 27.5 lakh to a customer. The reason for slapping this fine is that one person claimed a duplicate SIM of another customer without any verification. The customer who received the SIM card due to the company’s mistake was able to withdraw a whopping Rs 68 lakh from the account of... Read More
Vodafone Idea (Vi), Bharti Airtel, and Reliance Industries Limited (RIL) stocks went down yesterday at the closing time despite performing well in the morning session. But on Thursday, at the time of writing, both the stocks are trading in the green. Vodafone Idea’s current stock price is Rs 8.15, which is 1.24% high, while Bharti Airtel is trading at Rs 675, which is 1.07% in the green. It is worth... Read More
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Bus paise le kar doob mat jana.. You fate is very much dependent on 5G tarrif plans.
5 MHz of B1 used for 3G till now in Bihar circle was also bought by idea only as I…
NOW JIO CINEMA has clarified and updated its app to clear the subscription rates as DVERTISED
I hope TRAI also updates tarang sanchar portal from reported information for general consumer access.
But Vi reduced number of sites too after merger during pandemic, but since amount of spectrum doubled, I assume they…
