November 05, 2024 11:12 (IST)
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After Vodafone, Tata Tele opts for equity conversion of interest dues; govt to get 9.5 pc stake

After Vodafone, Tata Tele opts for equity conversion of interest dues; govt to get 9.5 pc stake

Mumbai/IBNS: Tata Teleservices has opted for the conversion of the interest on spectrum and adjusted gross revenue (AGR) dues into equity, where the government will own about a 9.5 percent stake in the telco.

Union Cabinet approves four-year moratorium on spectrum installment

Union Cabinet approves four-year moratorium on spectrum installment

New Delhi/IBNS: The Union Cabinet on Wednesday approved a relief package for the stressed telecom sector which will give telecom companies more time to pay their long outstanding dues, including a four-year moratorium on spectrum installment which is due in April 2022.

Vi moves Supreme Court seeking review of AGR dues order

Vi moves Supreme Court seeking review of AGR dues order

New Delhi/IBNS: Vi Tuesday moved the Supreme Court seeking a review of its earlier order which dismissed the telecom company's petition for a recomputation of Adjusted Gross Revenue (AGR) dues, media reports said.