Revenue from 5G services to be insignificant for late adopters including India: Moody's Governments in late adopter markets will have to play a significant role in 5G services roll-out, the rating agency said in the report.
Vodafone Idea's next AGR payment is due in March. DoT officials don't think telco can pay up Besides the spectrum payments, Vodafone Idea - which posted a net loss for the fiscal fourth quarter at Rs 6,985.1 crore - needs to pay around Rs 9,000 crore to the DoT by March 2022 towards its first instalment of adjusted gross revenue (AGR) dues.
Vodafone Idea's future hinges on relief from government, say analysts Without funding, Vi may "find it a challenge to meet its immediate Rs 24,000 crore-plus payment obligation (by April next), and if all options collapse, the sector may well be headed for a duopoly"
Dismissal of plea on re-computation of AGR dues body blow for debt-laden VIL, say analysts The Supreme Court on Friday dismissed the applications filed by telecom majors, including Vodafone Idea and Bharti Airtel, seeking rectification of the alleged errors in the calculation of adjusted gross revenue (AGR) related dues payable by them.
Market Movers: ITC’s once-in-a-blue-moon move brings more joy than Zomato listing ITC shares surged 2.5 per cent in todays trade, which was apparently enough to overshadow 65 per cent listing day gains seen by Zomato, if ITC shareholders are to be believed. The last time the stock moved more than 2.5 per cent on a single day was on May 14.