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Vodafone Idea, Airtel get a breather as government returns ₹22,000 crore worth of bank guarantees

In a major relief to Vodafone Idea and Bharti Airtel, the Department of Telecommunications (DoT) ha…

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​Kumar Mangalam Birla’s comeback boosts shareholder confidence in Vodafone Idea

​Kumar Mangalam Birla’s comeback boosts shareholder confidence in Vodafone Idea

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3 mins read

Airtel opts for AGR dues moratorium, becomes the second telco to do so

Airtel is also expected to free up its cash-flow by up to ₹40,000 crore due to the moratorium.…

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Your mobile bills could up in 2023 as telcos focus on profitability

Indian telecom operators continue to have one of the lowest monthly average revenue per user (USD 2…

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Airtel, Vodafone Idea shares spike after government announces deadline for AGR dues moratorium

Additionally, the telcos have been given 90 days to respond whether they wish to convert the…

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3 mins read

Airtel, Vodafone Idea and Reliance Jio have till October 29 to opt for the AGR dues moratorium

Additionally, the telcos have been given 90 days to respond whether they wish to convert the a…

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AGR case: Supreme Court directs DoT not to enchash Airtel's bank guarantees for three weeks

A bench headed by Justices L. Nageswara Rao and comprising Justices S. Abdul Nazeer and M. R. Sh…

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4 mins read

Indian government dials M for moratorium – Airtel, Vodafone Idea get a four-year relief on AGR dues

The much-awaited telecom relief package has been announced by the Indian government on Wednesday,…

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4 mins read

Vodafone Idea sinks nearly 10% and Airtel tumbles a bit after India’s Supreme Court denies a discount on past dues

Bharti Airtel and Vodafone Idea will have to pay up the adjusted gross revenue (AGR) dues as comput…

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Airtel, Vodafone Idea and Jio welcome telecom relief package, but analysts are divided on whether it is enough

Vodafone Idea’s shares surged by nearly 15% as of 9:30 a.m., while Airtel was marginally down …

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3 mins read

Vodafone Idea stock surges on reports of government’s telecom relief package extending AGR payment timeframe to 20 years

Shareholders of Vodafone Idea may yet get to breathe a sigh of relief as the Indian government is p…

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3 mins read

Airtel set to narrow the gap with Jio as telecom users go premium

After suffering through years of disruptions and consolidations, the telecom sector is showing good…

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4 mins read

Vodafone Idea shares hit 25% upper circuit after govt agrees to convert ₹16,133 cr dues into equity

Vodafone Idea’s shares zoomed by 25% on Monday hitting an upper circuit, after the government agree…

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1 min read

Vodafone Idea approaches Supreme Court over AGR dues

The petition filed by the telco on Thursday said that payments made by the company have not been…

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1 min read

Supreme Court adjourns AGR case hearing to August 14

A bench, headed by Justice Arun Mishra, told Solicitor General Tushar Mehta, representing the De…

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2 mins read

Supreme Court reserves order on recovery of AGR dues from insolvent telecom companies

A bench headed by Justice Arun Mishra is likely to pronounce the judgment on three counts: Stagg…

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3 mins read

Vodafone Idea reportedly wants the government to release ₹15,000 crore bank guarantees ahead of its fundraising plan

With the telco opting for the four-year deferment of AGR dues, it now believes there's no need for …

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1 min read

Airtel approaches Supreme Court claiming error in assessment of AGR dues by DoT

Airtel's calculation, however, shows that its total dues stand at ₹13,004 crore. The telco has…

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3 mins read

Supreme Court directs Airtel, Vodafone Idea and others to pay AGR dues over 10 years

The Supreme Court delivered the adjusted gross revenue (AGR) case verdict today, directing Airtel, …

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3 mins read

Airtel and Vodafone Idea get 10 years to repay AGR dues – here’s a timeline of the case

Amongst these, Vodafone Idea leads the charts with a total demand of ₹58,254 crore, while Airtel…