Telcos attend pre-bid spectrum auction forum; queries by January 15, says DoT
NEW DELHI:Telecom firms like Reliance Jio, Bharti Airtel and Vodafone Idea on Tuesday participated in pre-bid conference for spectrum auctions, as the telecom department asked telcos to submit written queries regarding the rules and processes by January 15, according to sources. During the pre-bid conference, operators raised queries on aspects such as earnest money deposit […]
Telcos can get some airwaves for less than half the price paid earlier
NEW DELHI: Telecom operators can get spectrum in the 900 megahertz band, used for 4G services, in the upcoming auction for less than half the price paid for several circles in previous auctions, as per the base prices declared by the Department of Telecom. While most of the base prices are based on the recommendations […]
In blow to telcos, Supreme Court asks them to pay Rs 92,000 crore to government
NEW DELHI: The Supreme Court on Thursday ruled in favour of the government on recovering adjusted gross revenue (AGR) of about Rs 92,000 crore from telecom service providers including Bharti Airtel, Vodafone, Reliance Communications and state-owned MTNL and BSNL. The setback to the telecos came as the apex court upheld the AGR definition formulated by […]
Bharti Infratel settles tower exits with four operators for Rs 3,800 crore
NEW DELHI: Telecom tower firm Bharti Infratel on Thursday said it has reached a settlement with four operators, including Vodafone Idea, that exited from its cell sites before the expiry of their contracts at a payment of around Rs 3,800 crore. The payments include one-time charge of Rs 2,000 crore and rental of around Rs […]