The government will dilute its equity stake in Vodafone Idea once the company's balance sheet improves, according to CNBC-TV18 sources.
Airtel and Vodafone Idea have filed separate petitions in the Supreme Court seeking review of the October 24 order of the apex court that held them liable to pay statutory dues for past 14 years after including non-telecom revenue in their annual adjusted gross revenues (AGR). The dues totalling Rs 1.47 lakh crore for the industry are to be paid within three months of the order.
Moneycontrol's Sakshi Batra does a 3-Point Analysis to decode the implications of the tariff hike recently announced by telecom service providers. She also lists stocks that investors can look at in the sector.
The telecom gear maker claimed that the deployment of AI-based massive MIMO (multiple-input and multiple-output) network will enhance user experience by three-fold within the same set of spectrum.