Centre to become biggest shareholder in Vodafone Idea with 33% stake

In January last year, the board of directors of the telecom service provider had approved the conversion of dues owed to the government into equity.

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· Feb 04, 2023 · 10:05 am

5G spectrum auction: Reliance Jio biggest bidder, Adani Group makes entry into telecom sector

The Mukesh Ambani-led company acquired a total of 24,740 MHz of spectrum for Rs 88,078 crore.

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· Aug 01, 2022 · 07:54 pm

5G spectrum auction: Bid amount exceeds over Rs 1.45 lakh crore on first day

The four participants included Mukesh Ambani’s Reliance Jio, Sunil Bharti Mittal’s Airtel, Vodafone Idea and new entrant Gautam Adani.

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· Jul 26, 2022 · 10:50 pm

Gautam Adani group to participate in 5G spectrum auction

Reliance Jio and Airtel will also bid on July 26.

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· Jul 09, 2022 · 08:32 pm

Cabinet clears proposal to hold 5G spectrum auction by July-end

A total of 72097.85 MHz of spectrum with a validity period of 20 years will be put to auction, the government said.

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· Jun 15, 2022 · 12:47 pm

Centre to become Vodafone Idea’s major shareholder with 35.8% stake

The telecom company has decided to convert its adjusted gross revenue dues into equities as per moratorium conditions announced by the government last year.

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· Jan 11, 2022 · 05:52 pm

SC rejects pleas by Airtel, Vodafone and Tata to recalculate dues they owe to Centre

The case is related to the government’s calculation of levies on telecom companies, which is based on the revenue generated by the firms.

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· Jul 23, 2021 · 12:56 pm

Actor Juhi Chawla moves Delhi HC against rollout of 5G networks, cites health hazards

Chawla said that the technology threated to provoke ‘serious, irreversible effects on humans and permanent damage to all of the Earth’s ecosystems’.

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· Jun 01, 2021 · 01:06 pm

Telecom spectrum auction: Reliance acquires over half of airwaves on sale for Rs 57,122 crore

The most expensive band of 700 megahertz went unsold due to high reserve prices.

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· Mar 03, 2021 · 03:13 pm

Airtel pays additional Rs 8,000 crore as dues to government

While the Centre has evaluated Bharti Airtel’s dues as over Rs 35,000 crore, the telecom company claimed that it was only Rs 13,004 crore.

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· Feb 29, 2020 · 01:19 pm

Telecom sector faces ‘unprecedented crisis’ because of payment dues, says Bharti Airtel chief

Sunil Mittal met Telecom Minister Ravi Shankar Prasad and sought cuts in taxes and levies for the sector.

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· Feb 20, 2020 · 08:41 pm

RBI is closely monitoring possible fallout of crisis in telecom firms, says Governor Shaktikanta Das

On Monday, Airtel, Vodafone Idea and the Tata Group paid a part of the Rs 1.47 lakh crore dues.

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· Feb 18, 2020 · 08:34 am