As per the report, this relief for non-telcos will be the part of the relief package for telcos and is likely to be announced soon, probably in the Union Budget.
After the judgment, Telcos filed an application asking for a recall of the judgment or waive the interest on the income tax demand that will arise in consequence of the judgment or make the judgment apply prospectively.
On October 10, telcos sought an urgent hearing of their curative petitions challenging certain specific portions of the 2019 judgment on Adjusted Gross Revenue (AGR).
The latest proposal, which hasn’t been reported, is being discussed within the telecoms lobby group GSMA, an association that represents more than 750 mobile operators.
The AGR ruling has huge ramifications for the two of the three largest telecom operators in India: Bharti Airtel and Vodafone Idea (VIL)
IT has put in the highest bid for RCom and Reliance Telecom. Interestingly, the same company put in the highest bid for Aircel’s assets in 2019
If adopted, this will likely hike prices further and end free calling and cheap data plans as telecos would have to adhere to the set minimum. Till date, calls and data prices were unregulated.
When asked if a new inter-ministerial panel would be constituted to address the issue, a government source said no.
In a notice sent out by MTNL to employees, the company mentioned "all regular and permanent employees of 50 years and above as on January 31, 2020" are eligible to opt for the scheme.
Not only did the incumbents use dues owed to the government in funding this expansion, they also risked the financial health of PSU banks and their investors by not providing for liabilities on their balance sheets
eSIM modules are soldered onto the circuit board, thereby rendering a dedicated SIM card tray obsolete.
The users do not have to lose out on unused data at the end of their billing cycle as it will be added to their account in the next cycle.
The upcoming policy will look at areas like technology innovation and security as well as plug "loopholes", the Technology Minister promised but did not elaborate on the specifics.
Asked if it has seen any dent to the pricing power while negotiating deals with the telcos, he said the company sees continued investments and operators continue to be interested in modernising and increasing capacities.
Telecom operator Vodafone today complained to Trai that Reliance Jio is still "luring customers" to subscribe the 'Summer Surprise' offer despite the regulator finding it in violation of norms.
New entrant Jio has initiated a price war leading to prices for data plans – including for 4G -- falling in a big way. This has led to a shift in the way people consume data.
After killing domestic roaming, Airtel's Sunil Mittal has radical plans to shake up global telecom industry. Mittal suggests that mobile operators should increase sharing of resources such as spectrum to ease the burden on telecom companies.
With the consultation paper, TRAI aims to bring more clarity in interpretation of its principles as the existing features are not well defined in the tariff order.
Idea cellular, which is Aditya Birla group‘s flagship telecom venture has posted one of the worst quarterly results since its listing. It has clocked in losses of Rs 385.5 crores in the third quarter. Prakash Diwan of Altamount Capital says that the stock will slip when the market opens on Monday morning.
A recent CLSA report says that Idea Cellular is the best fit for Vodafone India and it may topple Airtel from its top position.
The news of Reliance Jio extending its free services has hit the telecom stocks hard. In conversation with CNBC-TV18, analysts talk about the impact of this announcement on other big players in the telecom sector.
Telecom Minister Manoj Sinha on Tuesday said action will be taken against telecom firms that fail to provide quality services to consumers.
The Department of Telecommunication (DoT) has served notices to top telecom companies acting on a report by the Comptroller and Auditor General of India (CAG) alleging under-reporting of revenues, reports CNBC-TV18.