vodafone idea: Govt set to become largest shareholder in Vodafone Idea, get stake in Tata Tele

NEW DELHI: In a rare development, the Centre is set to receive ownership in two private telecom companies – the debt-laden Vodafone Idea and Tata group’s Tata Teleservices (TTL) – in lieu of the interest dues from them, as part of the revival package for ailing players announced last September. Following the decision by the … Read more

Telcos’ gross revenues dip 1.36% in July-September 2021 to Rs 67,300 crore, AGR up 17%

NEW DELHI: Telecom service providers’ gross revenue declined by 1.36 per cent on a year-on-year basis to Rs 67,300 crore in the July-September 2021 quarter, according to a Trai report released on Monday. Telecom service providers (TSPs) had posted gross revenue of Rs 68,228 crore in the same quarter a year ago, according to the … Read more