Telecom sector AGR up 1.8% to ₹67,835 cr in Dec 2023 qtr: Trai
The YoY growth rate for AGR in the December 2023 quarter compared to the corresponding quarter last year was 7.84%
The YoY growth rate for AGR in the December 2023 quarter compared to the corresponding quarter last year was 7.84%
The banks want the government to come in as the largest stakeholder to release ₹20,000 crore loan to VIL.
Telcos' pass-through charges decreased by 1.12% QoQ and 0.38% YoY to ₹13,415 cr in Q1 FY23. License fee increased from ₹4,712 cr as of Jan-March to ₹4,844 cr as of April-June.
Apart from handholding a stressed industry, the larger question is—what does GoI hope to achieve by owning a stake in a standalone telco?
All eyes are now on the apex court’s decision vis-à-vis allowing staggered payments of AGR dues, as the shadow of doubt on Vodafone Idea’s existence still looms
Telecom companies need to pay up their dues by March 17; Vodafone Idea’s fate hangs in the balance.
The Delhi-based telco showed significant improvement across operating metrics helped by the addition of high-value customers and tariff hikes.
With most telecom operators refusing to participate in the forthcoming 5G auctions, financing of its infrastructure would call for innovative investment solutions.
The apex court dismissed a review petition, which means that AGR dues amounting to ₹1 lakh crore may have to be paid by telecom operators by January 23.
According to a Jefferies research report, at an estimated valuation of $65 billion-$70 billion, the newly formed Jio Platform’s EV/Ebitda multiple could be ahead of Alibaba, Alphabet, and Apple.