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Voda Idea posts net loss of Rs 509.21 billion during QE Sept 2019; provisioning for AGR takes a toll on finances
Vodafone Idea Limited has reported a net loss of Rs 509.21 billion during QE Sept 2019, up from Rs 49.73 billion reported last year. The company’s financials were impacted mainly by the SC's ruling on AGR - it has accounted…
75,000 BSNL employees have opted for VRS so far, says CMD
The chairman and managing director (CMD) of Bharat Sanchar Nigam Limited (BSNL), P.K. Purwar, has stated that around 75,000 employees have already opted for the voluntary retirement scheme (VRS) rolled out recently.
Airtel posts net loss of Rs 230.45 billion during QE September 2019
Bharti Airtel has reported a net loss of Rs 230.45 billion during the quarter ended (QE) September 2019. The operator had posted a profit of Rs 1.189 billion during the same period last year.
ISPAI writes to PMO seeking relief from revised AGR rules
Internet Service Providers Association of India (ISPAI) of India has written to the Prime Minister’s Office (PMO) seeking relief from the implementation of the AGR rules.
Tata Communications partners Microsoft to provide connected car solutions
Tata Communications has collaborated with Microsoft to work on the development of connected car applications.
DoT issues notices to telcos, ISPs to pay outstanding dues after self-assessment
The Department of Telecommunications (DoT) has issued notices to all operators, internet service providers (ISPs) and virtual network operators (VNOs) asking them to pay up their licence fee dues as per the Supreme Court ruling on adjusted gross revenue (AGR).
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