As per Goldman Sachs, Airtel could potentially save Rs 4,100 crore annually and Vodafone Idea Rs 5,800 crore annually if Supreme Court lowers AGR liability to self-assessed levels

Following a mock auction on February 26, the telecom department will start the auction from March 1, 2021. Successful bidders will have to pay the bid amount within 10 days of the issue of demand note

Telco demands its AGR dues payable to government should be reduced, saying DoT has mis-computed by including spectrum usage charges into total dues; says issue before SC on account of AGR dues was limited to licence fee only and not SUC

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In a recent report, Goldman Sachs analysts said that following their conversations with investors, there's a view that Jio will not raise prices and as such Airtel and Vodafone Idea may have to roll back prices if they raise them

The telco has been making losses and is aiming to ramp up its 4G network and clear the adjusted gross revenue (AGR) dues

India Stock Market Highlights Today: During the session, Sensex hit a lifetime high of 44,601 and Nifty touched record high of 13,079

Sunil Mittal said that Airtel has clarified in the past that tariff hike is necessary, but the company cannot move ahead with it sans support from the rest of industry and regulator

The central bank cited the flouting of the norms laid down under the Sarfaesi (Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest) Act and the willful violation of the RBI's pointers

Following the updates, Vodafone Idea stock opened at Rs 9.60 and touched an intraday high of Rs 10.13, rising 9.2% against the previous close of Rs 9.27 on BSE. Stock price of Vodafone Idea also hit a low of Rs 9.50 intraday

Aggregate shareholding of Bharti Infratel in combined entity will change from 53.51 per cent to 36.73 per cent; Vodafone Group's shareholding will change to 28.12 per cent

Even though the telco said that it plans to raise about Rs 25,000 crore within two-three months, it seems that there's no way it can avoid tariff hikes at the moment

The 15 most-indebted non-BFSI companies had a combined debt of Rs 10 lakh crore in FY20, a 15 per cent increase over the previous year, and their troubles seem to be far from over

Recently, rival firm Bharti Airtel's CEO Gopal Vittal also stated that the current rates for voice and data services are unsustainable

Vodafone Idea Q2 results: Telecom major said that its board has approved fund raise of up to Rs 25,000 crore through a mix of debt and equity

In terms of active user base, Airtel continued to lead with 97 per cent subscribers as against 89.3 per cent of Vodafone Idea and 78 per cent of Reliance Jio

Despite having a fair good start with its low-cost feature phone - JioPhone - the chances of emulating that success with low-cost smartphones might be difficult

Even though the postpaid market accounts for just 5 per cent subscriber base, it contributes 16 per cent to the overall mobile revenues of telcos

India Inc. must brace up for large-scale ratings downgrade, defaults and assets sale

Telecom Regulatory Authority of India (TRAI) on Saturday decided to drop proceedings against Vodafone Idea Ltd (VIL) in priority plan matter after the telecom operator modified its offering