AGR

Even as Vodafone Idea is struggling with over Rs 2 lakh crore debt, the government this week approved the conversion of its over Rs 16,133 crore interest dues into equity. With this conversion, the government has become the single-largest…

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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 company in a late night filing on June 22, said that the DoT on June 15,…

Image Source : PTI (FILE IMAGE) Vodafone Idea defers Rs 8,837 cr AGR dues payment, gets option to pay interest via equity HighlightsDebt-ridden telecom operator has decided to defer payment by a period of four years Amount of AGR…

NEW DELHI : Minister of State for Communications Devusinh Chauhan on Wednesday announced that telecom companies owe over ₹1.65 lakh crore to the government in adjusted gross revenue (AGR) up to financial year…

Telecom operator Bharti Airtel on Friday said it has signed an agreement to buy Vodafone's 4.7 per cent stake in Indus Towers on the condition that the proceeds will be used for investment in Vodafone Idea and clearing its dues towards the…

British telecom giant Vodafone is in discussions to sell its about 5 per cent stake in telecom infrastructure company Indus Towers to Bharti Airtel, according to industry sources. Photograph: Toby Melville/Reuters The deal, if it goes…

Debt-ridden telecom operator Vodafone Idea on Friday reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021. The company had posted a loss Rs 4,532.1 crore in the same period a year ago.…

If VIL is unable to repay the interest on its spectrum dues, the government can move towards converting those dues into more equity. To get its house in order in four years, VIL needs to do two key things apart from improving its…

After Vodafone Idea, Tata Teleservices (Maharashtra) on Tuesday said it will opt for conversion of the interest amount on AGR dues into equity and post conversion, the government's holding in the company is expected to be around 9.5 per…