Vodafone Idea’s ₹25,000 cr debt-funding delayed over AGR dues
Vi’s fundraising is vital as it will help the debt-ridden telecom company enhance its 4G network and initiate 5G operations.
Vi’s fundraising is vital as it will help the debt-ridden telecom company enhance its 4G network and initiate 5G operations.
Hashtags such as 'BoycottJio' and 'BSNL ki Ghar Wapsi' (Homecoming of BSNL) have been trending on social media platform X.
The total spectrum being auctioned is 10,522.35 MHz in various bands; bands up for bidding include 800 MHz, 900 MHz, 1800 MHz, 2100 MHz, 2300 MHz, 2500 MHz, 3300 MHz and 26 GHz
The new 10-number ‘160xxxxxxx’ series will help curb unsolicited voice calls from telemarketers; to be used by state, central govts, banks, other financial companies
Regulator asks if it should introduce extra measure for rejection of MNP request on mobile connection that has undergone SIM swap
The new telecom bill has also proposed a provision to waive off any fee, interest and penalties of telecom service providers.
The prepayment of deferred spectrum liabilities will result in interest cost savings of around ₹1,200 crore annually, at the current interest rates.
Vodafone India, which ended FY21 with losses of ₹44,233 crore, set to be the biggest gainer.
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
High indebtedness and new liabilities will give little leeway for telecom companies to spend on tower fiberisation, an important step to 5G implementation.