Under the 2022 revival package totalling Rs 1.64 trillion and the Rs 89,047 crore allocation in 2023, the government is set to provide spectrum and settle adjusted gross revenue (AGR) dues for BSNL
The industry's revenue, Kochhar said, will grow at 14-15 per cent in FY21, led by some improvement in average revenue per user
Licence-linked dues from non-telcos should be reviewed
In its July Budget, the government had targeted more than Rs 50,519 crore in 2019-20 from the telecom sector, an increase of 28% from the previous year
The central government has objected to the reported comments of Nick Read, chief executive of Vodafone, that the India unit of the telecom major was headed for liquidation due to, among other factors, the Supreme Court decision requiring payment of Rs 28,300 crore as spectrum dues.According to media reports, Union telecom and communications minister Ravi Shankar Prasad spoke to Vodafone Idea chairman Kumar Mangalam Birla to express displeasure. Vodafone Plc, the parent entity, says its chief's comments were taken "out of context", presenting an incorrect picture. Vodafone Plc owns 44.3 per cent stake in Vodafone Idea; the Aditya Birla Group holds 26.5 per cent.According to the transcript of Read's utterances, he'd told analysts that due to the Supreme Court's ruling on the correct way to determine telecom company dues from their Adjusted Gross Revenue (AGR), on top of the financial stress already present, the situation of the telecom sector in India and at Vodafone Idea was a ...
The adjusted gross revenue earned by companies from sale of telecom services dropped over 10% to Rs 144,446 crore during 2018 from Rs 160,814 crore in 2017
In FY20, operators will be bolstered by the planned deleveraging initiatives to the tune of Rs 90,000-1 trillion
The government collects license fee and spectrum usage charge as a percentage of revenue earned by telecom service providers from sale of telecom services
Vodafone Idea topped the revenue market share with 32.8%
The adjusted gross revenue (AGR) earned by companies from the sale of telecom services declined by 16.05 per cent to Rs 385.36 billion in the reported on year-on-year basis
Operators pay 8% of their telecom services revenue as licence fee to the government
DoT had earlier projected a FY18 revenue target of Rs 46,351 crore
Telecom companies with a licence need to pay about 8 per cent of their total revenue to government