TOP STORY
Three reasons why the Indian telecom sector's troubles went from bad to worse in the last 24 hours
- Reliance Jio,
Bharti Airtel and Vodafone-Idea owe the government ₹3.2 crore for call drop between September 2019 to June 2019. - The Department of Telecommunication (DoT) is reportedly looking into additional AGR dues network operators may owe for companies that they acquired — like Videocon Telecommunications and Aircel.
- Banks are also backing away from lending telecom players any additional funds to counter their debt.
