Agr Dues

Airtel has paid Rs. 8,3 crore to the Department of Telecom (DoT) towards dues for spectrum acquired in the recently concluded 5G auctions. With the payment, Airtel has paid four years of 2022 spectrum dues upfront. The company had an option to pay Rs. 3.8 crore upfront and the rest in 19 annual instalments.

Bharti Airtel on Thursday said it has opted to defer the payment of AGR dues up to FY 2018-19, that are not tabulated in the Supreme Court's order, by up to four years. Last week, debt-ridden telecom operator Vodafone Idea (VIL) decided to defer payment of additional AGR dues of Rs. 8,837 crore by a period of four years.

Debt-ridden telecom operator Vodafone Idea has decided to defer payment of additional adjusted gross revenues of Rs 8,837 crore dues by a period of four years.

The government is considering proposals it has received from three telecom operators so far that are keen on converting their adjusted gross revenue (AGM) dues into equity, Telecom Minister Ashwini Vaishnaw told Rajya Sabha.

Government is studying proposals from three telecom companies keen to convert interest on deferred AGR dues into equity, telecom minister said

Tata Teleservices (Maharashtra) Limited has said that it will not opt for conversion of interest related to AGR dues into equity

The debt liabilities will continue to remain with telecom companies which have proposed to convert their interest dues into government equity stake

Once the conversion is done, the government holding is expected to be about 9.5 per cent in the company

The government is set to become the largest shareholder of Vodafone Idea (Vi) as the company's board has approved the conversion of interest on deferred spectrum and Adjusted Gross Revenue (AGR) dues into equity.

Telecom operator Bharti Airtel will not avail the option of conversion of the interest on deferred spectrum and AGR dues into equity, under the reforms package, according to a regulatory filing by the company on Friday.

Telecom Ministry has also given 90 days time to telcos to indicate if they want to opt for converting the interest amount into equity.

In a big telecom reform, the centre has announced 100 per cent foreign direct investment (FDI) in the telecom sector through the automatic route as part of its comprehensive package for the telecom sector."100 per cent FDI in telecom via the automatic route was approved by the cabinet," telecom minister Ashwini Vaishnav said while briefing reporter...

The centre has cleared a relief package for the embattled telecom sector, in a move to provide relief to companies weighed down by huge Adjusted Gross Revenue (AGR) dues. The package would provide relaxation to telecom companies on payment of their long outstanding dues, including a four-year moratorium on spectrum installment which is due in Apri...

Telecom firms get 4-year moratorium on spectrum dues in huge relief for the sector

"The DoT shall not invoke the bank guarantee of Respondent...(Bharti Airtel) for the period of three weeks from today," a bench comprising justices L Nageswara Rao, S Abdul Nazeer and M R Shah said in its order.

Airtel has paid Rs. 8,3 crore to the Department of Telecom (DoT) towards dues for spectrum acquired in the recently concluded 5G auctions. With the payment, Airtel has paid four years of 2022 spectrum dues upfront. The company had an option to pay Rs. 3.8 crore upfront and the rest in 19 annual instalments.

Bharti Airtel on Thursday said it has opted to defer the payment of AGR dues up to FY 2018-19, that are not tabulated in the Supreme Court's order, by up to four years. Last week, debt-ridden telecom operator Vodafone Idea (VIL) decided to defer payment of additional AGR dues of Rs. 8,837 crore by a period of four years.

Debt-ridden telecom operator Vodafone Idea has decided to defer payment of additional adjusted gross revenues of Rs 8,837 crore dues by a period of four years.

The government is considering proposals it has received from three telecom operators so far that are keen on converting their adjusted gross revenue (AGM) dues into equity, Telecom Minister Ashwini Vaishnaw told Rajya Sabha.

Government is studying proposals from three telecom companies keen to convert interest on deferred AGR dues into equity, telecom minister said

Tata Teleservices (Maharashtra) Limited has said that it will not opt for conversion of interest related to AGR dues into equity

The debt liabilities will continue to remain with telecom companies which have proposed to convert their interest dues into government equity stake

Once the conversion is done, the government holding is expected to be about 9.5 per cent in the company

The government is set to become the largest shareholder of Vodafone Idea (Vi) as the company's board has approved the conversion of interest on deferred spectrum and Adjusted Gross Revenue (AGR) dues into equity.

Telecom operator Bharti Airtel will not avail the option of conversion of the interest on deferred spectrum and AGR dues into equity, under the reforms package, according to a regulatory filing by the company on Friday.

Telecom Ministry has also given 90 days time to telcos to indicate if they want to opt for converting the interest amount into equity.

In a big telecom reform, the centre has announced 100 per cent foreign direct investment (FDI) in the telecom sector through the automatic route as part of its comprehensive package for the telecom sector."100 per cent FDI in telecom via the automatic route was approved by the cabinet," telecom minister Ashwini Vaishnav said while briefing reporter...

The centre has cleared a relief package for the embattled telecom sector, in a move to provide relief to companies weighed down by huge Adjusted Gross Revenue (AGR) dues. The package would provide relaxation to telecom companies on payment of their long outstanding dues, including a four-year moratorium on spectrum installment which is due in Apri...

Telecom firms get 4-year moratorium on spectrum dues in huge relief for the sector

"The DoT shall not invoke the bank guarantee of Respondent...(Bharti Airtel) for the period of three weeks from today," a bench comprising justices L Nageswara Rao, S Abdul Nazeer and M R Shah said in its order.