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The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.

Vodafone Idea plummets over 9 per cent to hit 52-week low

Shares of Vodafone Idea slumped 8.66 per cent to Rs 3.48 apiece - its 52-week low - on the BSE.

31 Oct 2019 5:58 AM GMT

Reliance Jio free 4G services have reduced profit of Airtel by more than half, lowered Vodafone Indias profit and pushed Idea Cellular into first ever quarterly loss.

Vodafone Idea, Airtel shares jump by 8.5 pc amid financial bailout...

Indian government has created a panel to work out a financial bailout package that may include lowering of spectrum...

30 Oct 2019 6:55 AM GMT

With this investment, Singtels total stake (along with its affiliates) in Bharti Telecom will increase to 48.90 per cent. Singtel currently holds 47.17 per cent stake in Bharti Telecom. This will lead to an increase of Singtel economic interest in Bharti Airtel by 0.9 percentage points to 39.5 per cent. (Photo: PTI)

Airtel defers Sept quarter results till Nov 14 citing AGR issue

The company was earlier scheduled to approve and release its Q2 numbers on Tuesday.

29 Oct 2019 6:06 AM GMT

According to the industry sources, banks are worried telcos will start defaulting on payments due to fall in revenues and high level of debt in the sector.

Telcos suffer Rs 1.4 lakh crore jolt as SC asks them to pay up

The court will pass a separate order on the time-frame within which Rs. 92,000 crore would be paid by the telecom...

24 Oct 2019 8:20 PM GMT

The Department of Telecom (DoT) is likely to approve on Monday the merger of Vodafone India and Idea Cellular that will create the countrys largest mobile service operator with proposed name of Vodafone Idea Ltd.

Vodafone Idea shares crumble over 27 pc in intra-day trade after SC...

Vodafone Idea plummeted 23.36 pc to close at Rs 4.33 on the BSE. In intra-day, it tanked 27.43 pc to Rs 4.10 -- its...

24 Oct 2019 11:33 AM GMT

The Supreme Court made it clear that there would no further litigation on the issue and it would fix a time frame for calculation and payment of dues by the telecom companies.

SC allows Centre's plea to recover adjusted gross revenue of Rs 92k cr...

A three-judge bench, headed by Justice Arun Mishra, upheld the definition of adjusted gross revenue formulated by the...

24 Oct 2019 8:54 AM GMT

The review petitions challenge the inclusion of notional incomes as a part of AGR and also the imposition of interest on outstanding dues, reports said.

Airtel, Voda Idea file review petitions in SC

Fitch says tariff hike unlikely to make up for AGR dues.

22 Nov 2019 8:20 PM GMT

Meanwhile, DoT said it will take a call on next round of auction of 5G spectrum.

Telecom dept examines impact of SC order on adjusted gross revenue...

Airtel, Vodafone Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore in three...

7 Nov 2019 1:08 PM GMT

Reports said the Department of Telecommunications (DoT) is still working on the final AGR dues that the service providers have to pay, as it has detected variations in the accounting practices adopted by different telecom circle offices.

Telecom stocks bounce back on hopes of relief

Vodafone Idea shares closed at Rs 4.19 on the BSE, up by 38.28 per cent after hitting a high of Rs 4.49 in the intra-day...

19 Feb 2020 10:22 PM GMT

Vodafone Idea has paid a further sum of Rs 1,000 crore to the Department of Telecommunications (DoT) towards adjusted gross revenue (AGR) dues. (ANI Photo)

Vodafone pays Rs 1,000 crore to DoT towards AGR dues

The apex court rejected the argument of incumbent telecom operators that the AGR only included licence and spectrum...

19 July 2020 3:12 AM GMT

SC grants 10 yrs to telcos to pay AGR-related dues to DoT. (PTI Photo)

SC orders telcos to clear AGR dues in 10 years, 10% to be paid by...

Failure to pay the instalments of the dues would incur penalty, interest and contempt of court, the bench cautioned the...

1 Sep 2020 8:17 AM GMT