Tag Archives: Telecom

Furious Supreme Court Warns Of Contempt Over Telecom Dues: 10 Points

“We won’t spare officials who allowed reassessment of telecom dues,” the Supreme Court said New Delhi: The Supreme Court today came down heavily on the government for suggesting reassessment of the huge dues owed by telecom companies — called adjusted gross revenues (AGR) – and saying the “entire country” was being misled. The government had… Read More »

Government Bats For Telecom Firms In Supreme Court Over Payment Of Dues

The centre has backed telecom companies in the AGR issue New Delhi: A 20-year window should be given to telecom firms to pay their AGR dues, the Centre has argued in Supreme Court today, backing the loss-making telcos which have been pushing for more time following a top court order for immediate payment. “The judgment… Read More »

AGR Issue An Unprecedented Crisis For Telecom Industry: Sunil Mittal

Committed to complying with the Supreme Court order on AGR dues, Sunil Mittal said. Sunil Bharti Mittal, founder and chairman of Bharti Airtel, on Thursday said that adjusted gross revenue (AGR) issue is an unprecedented crisis for the telecom industry. Mr Mittal’s comments came after he met telecom minister Ravi Shankar Prasad to give an… Read More »

Vodafone Idea Makes Payment Of Rs 1,000 Crore To Telecom Department, Says Report

Vodafone Idea made a payment of Rs 1,000 crore to the Department of Telecommunications (DoT) towards statutory dues, news agency Press Trust of India reported citing a senior official. That followed a payment of Rs 2,500 crore by the beleaguered telecom service provider on Monday, and formed only a portion of the total amount of… Read More »

Officials Waiting For Political Call On Telecom Crisis, Say Sources

Vodafone Idea has asked the centre not to attempt overnight recovery of the dues. New Delhi: Four days after the Supreme Court pulled up mobile operators over non-payment of lakhs of crores in pending dues, telecom ministry officials said today that they are awaiting an approval from the top to invoke bank guarantees in compliance… Read More »

Airtel, Vodafone Idea, Tata Teleservices Likely To Clear Telecom Department Dues Today: Report

Bharti Airtel, Vodafone Idea and Tata Teleservices are jointly liable to pay dues of over Rs 1 lakh crore New Delhi: Telecom operators Bharti Airtel, Vodafone Idea and Tata Teleservices are likely to make payments towards adjusted gross revenue (AGR)-related dues today to avoid stringent punitive action from the Department of Telecommunications (DoT), according to… Read More »

Supreme Court Summons Telecom Bosses Over Dues: Not A Penny Deposited

The Supreme Court had ordered telecom companies to pay adjusted gross revenue (AGR). New Delhi: The Supreme Court today criticised telecom companies for not paying dues worth thousands of crores to the government and summoned their top executives to explain why they did not follow the court’s order to pay up. The top court also… Read More »