Airtel has to pay Rs 35,586 crore to the government, of which Rs 21,682 crore is licence fee and another Rs 13,904 crore is the spectrum usage charges (not including the dues of Telenor and Tata Teleservices)

Telcos, who earlier had to pay statutory dues to the government over 3 months period following SC order, have been given a period of 2 years by the Cabinet.

The move to defer payments for 2020-21 and 2021-22 will give Rs 42,000 crore relief to Bharti Airtel, Vodafone Idea and Reliance Jio

The Indian telecom operators owe the government nearly Rs 1.47 lakh crore in license fee (LF) and spectrum usage charges (SUC). Of this, license fee amounts to Rs 92,642 crore as of July this year, while SUC stood at Rs 55,054 crore as of October end this year

This announcement from Reliance Jio comes close on the heels of separate announcements from Vodafone Idea and Bharti Airtel, where they said they will hike tariffs from December 1

Reliance Jio, after providing free voice calls for three years, started charging 6 paise per minute from October for making calls to any non-Jio number

While Bharti Airtel share price rose up to 5.82% to Rs 432.95, Vodafone Idea stock rose up to 20% to Rs 5.39 on BSE

Huawei said the extension 'won't have a substantial impact on Huawei's business either way. This decision does not change the fact that Huawei continues to be treated unfairly either'

In the quarter ended September 30, 2019, Vodafone Idea and Bharti Airtel reported a cumulative loss of almost Rs 74,000 crore between them due to provisioning for AGR payout to Department of Telecommunications

Weighed down by the development, RCom share price declined over 3 per cent in opening trade to touch an all-time low of Rs 0.57 apiece against previous closing price of Rs 0.59

The banking sector, which is already under stress because of deteriorating asset quality in the last five years, will see further losses. In addition, the mutual fund industry too would get impacted

In the middle of action-packed two hours, Vodafone Idea announced its Q2 results where it posted net losses of Rs 50,922 crore, which is over 10 times higher than the losses in the previous quarter

The DoT has started the initial process of claiming its AGR dues from telcos, directing them to pay up in accordance with the Supreme Court's October 24 order

Bharti Airtel Q2 results: Consolidated total revenue stood at Rs 21,131 crore, up 4.9 per cent YoY, while India revenue was up 3 per cent YoY

DoT has issued a notice regarding the same following last month's Supreme Court verdict asking telcos to pay all their dues to the DoT over the AGR (adjusted gross revenues) dispute

Department of Telecommunications (DoT) has directed BSNL to ensure measures to maintain business continuity and smooth transition, especially to operate telephone exchanges in rural areas

More than 1,100 complaints - the highest against any public sector company in India - have been filed by firms against BSNL to recover the dues.  

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There were speculations in the Indian telecom industry that Vodafone, which is one of the biggest telecom companies in India, may leave the Indian market because its losses are mounting

While Vodafone Idea share zoomed 8.57 per cent to Rs 4.18, Bharti Airtel stock also gained 3.13 per cent to Rs 371.20.