Vodafone Idea shares zoom 24% as govt okays conversion of debt into equity
The Centre is now the largest shareholder in Vi, with a 33% stake as it agreed to convert its dues worth ₹16,000 crore into equity shares.
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Telcos’ Q1 AGR up 18% to ₹60,530 cr; Jio contributes max ₹21,516 cr
Telcos' pass-through charges decreased by 1.12% QoQ and 0.38% YoY to ₹13,415 cr in Q1 FY23. License fee increased from ₹4,712 cr as of Jan-March to ₹4,844 cr as of April-June.
Bharti Airtel shares fall on deferring AGR dues payment
Bharti Airtel has opted to defer the payment of AGR dues till FY19, while it has retained the right to pre-pay instalment amounts and not convert interest dues into equities.
Will delay in Govt equity affect Voda's 5G plans?
Vodafone Idea wants to complete ₹20,000 crore fundraising from the lenders and new investors before 5G auctions begin in July.
Vodafone Idea defers AGR dues payment of ₹8,837 crore
Vodafone Idea says the Department of Telecommunications has offered the company a moratorium of four years on all AGR related dues up to financial year 2018-19.
Reliance Jio prepays ₹30,791 cr spectrum liabilities; eyes ₹1,200 cr interest saving
The prepayment of deferred spectrum liabilities will result in interest cost savings of around ₹1,200 crore annually, at the current interest rates.
