RJIL pays Rs 30,791 crore for all spectrum acquired before March 2021

NEW DELHI: Telecom Reliance Jio on Wednesday said it has paid Rs 30,791 crore, including accrued interest, to the department of telecom to clear the entire spectrum payments liabilities that the company acquired before March 2021 auctions. The payments include the liabilities pertaining to the spectrum acquired in auctions of year 2014, 2015, 2016, and … Read more

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