The Committee of Creditors (CoC) of Aircel has approached the Supreme Court (SC) to overrule the order of the National Company Law Appellate Tribunal (NCLAT) that restrict them from selling the spectrum before the overall dues of the company are cleared. Because of the order, Aircel might have to move towards liquidation, which will hurt all of its lenders who are trying to recover their money from the company. To... Read More
Much recently, the National Company Law Appellate Tribunal (NCLAT) said that the telcos under insolvency process or Insolvency and Bankruptcy Code (IBC) can’t ‘use or transfer’ their spectrum until the time they have cleared all government dues. Because of the decision, RCom and Aircel’s resolution plans have taken a hit. According to an ET Telecom report, the lenders of Aircel and the UV Asset Reconstruction Company Limited (UVARCL) might approach... Read More
The National Company Law Appellate Tribunal (NCLAT) has decided that companies under insolvency proceedings can’t use or sell the spectrum they own. Spectrum is frequency airwaves that the government allots to the telcos for a limited period and is considered a sovereign property. Looking at the decision announced by the NCLAT, Bharti Airtel might have to pay Videocon’s adjusted gross revenue dues (AGR). The appellate tribunal said that companies first... Read More
The National Company Law Appellate Tribunal (NCLAT) said it would decide on the insolvency of debt-ridden Reliance Communications (RCom). RCom has pleaded the tribunal to go ahead with insolvency proceedings against it as it is unable to pay dues to its lenders. Swiss telecom gear maker Ericsson, which received its unpaid dues of Rs 550 crore from RCom last month following a Supreme Court order, is opposing the move. A... Read More
Have a breaking news, inside story, scoop?
Write to us, your anonymity is our priority at news [at] telecomtalk.info
Want to be featured on TelecomTalk?
Send us your articles, stories, suggestions, feedback at news [at] telecomtalk.info
Still I am expecting 60- 80 Mbps speed, not like this. P.S - @Tanay please delete other comments ( wrong…
I don't know if mm wave will be commercially roll-out everywhere or deploy at only crowded places like stadiums, bus…
What kind of logic is this? Band 28 is exclusively used for coverage and not for speeds. They have mmwave…
Band 28 is just for VoNR and coverage. There is no other usage. Inside home, 20-50Mbps on an average. ARPU…
This is not going to happen. Vi is empty network everywhere now. 33 crore to less than 20 crore within…
