According to official sources, VIL paid Rs 1,000 crore to the Department of Telecom on Thursday
The order is part of govt's Public Procurement (Preference to Make in India) order 2017 which envisages to source domestically manufactured products to encourage 'Make in India'.
Shares of Vodafone Idea jumped 48 per cent to Rs 4.49 on the BSE on Wednesday on the back of heavy volumes on report that the government is unlikely to invoke bank guarantees for now
In a day of twists and turns, the government received Rs 14,697 crore from three companies out of the telecom sector's total dues linked to adjusted gross revenue estimated at Rs 1.47 trillion
The Supreme Court on Friday said the companies and the federal Department of Telecommunications (DoT) were liable for contempt of court
The company said its revenue from telecom business was only 2% of its turnover
He said parallel to discussions with the DoT, the Supreme Court has been approached on the issue
Bharti Airtel, Voda Idea and the Tatas are set to miuss the Jan 24 deadline as they would wait until next week, when their "modification" petition will be heard by the SC, before making AGR payments
Jio had not been party to the review petition and had a different stance on the matter
Telcos discuss giving January 24 deadline a miss
This new 5G chunk is separate from the Rs 5.22 trillion spectrum sale plan approved by the Digital Communications Commission on Dec 20
One of the review petitions has sought open court hearing in the matter
We have not received anything," Sharma said when asked if the DoT has approached Telecom Regulatory Authority of India
DoT asks BSNL to take steps on ITS officers' salaries
Telecom Minister Ravi Shankar Prasad had recently asked BSNL to start a dialogue with its employees on the VRS
The demand notices will be issued in next two weeks after an assessment in light of the court order is done
AGR is Adjusted Gross Revenues which includes all licensed revenues of a telecom firm not necessarily originating only from mobile or landline services
In its concluding submission on AGR, the Centre said the parties have voluntarily consented to the terms of the licence agreement and are therefore bound by it
The government, in March last year, enhanced the number of annual instalments for spectrum payment from 10 to 16 years to provide relief to the debt-laden telecom sector
The telecom secretary was speaking on the sidelines of Invest Digicom 2019 event