ARPU, a key performance parameter, rose to Rs 128.4 from reported Rs 120 in the fiscal second quarter, after having fallen for seven successive quarters.
Besides pleas for relief at Supreme Court, telco wants to show its intent to honour payment obligations.
The telco had filed a review petition, hoping for a reduction in penalties, which account for 75% of the dues.
If the verdict doesn’t go in telcos’ favour, they will have to pay Rs 1.47 lakh crore of licence fees (over Rs 92,000 crore), spectrum usage charge (SUC), interest and penalties by January 23. Vodafone Idea and Airtel will be the worst hit, with dues of over Rs 53,000 crore and Rs 35,500 crore, respectively.
Bankers have named Jio as the preferred bidder for the tower and fibre assets housed in Reliance Infratel, while UVARCL will acquire the spectrum of RCom and its subsidiary Reliance Telecom. The combined offer from UVARCL and Jio is higher than the offer from Bharti Airtel — which had an NPV of Rs 8,500 crore.
The reduction in mobile number portability (MNP) is good news for telcos since it means they have to invest less in trying to retain existing customers, said industry executives and analysts. MNP fell to 4.1 million in October last year from 5.4 million in the previous month, and the MNP churn rate dipped to 0.3% from 0.5% in September.
Vodafone Idea needs to pay over Rs 53,000 crore in license fee, spectrum usage charge (SUC), interest and penalties – dues linked to its AGR - by January 23, as per a Supreme Court order.
The two telcos - hit most by the AGR verdict wherein Airtel has to pay over Rs 35,500 crore and Vodafone Idea has to put in over Rs 53,000 crore - need to pay up by January 23. Both have issued warning bells that without sufficient government or judicial relief, they may go kaput. The telcos reportedly brought up the urgency of the matter before SC.
RailTel Corporation has moved the Supreme Court, seeking a modification or a clarification that its Oct 24 order on adjusted gross revenue pertains only to access service provider licence holders such as telcos, and not to all licence holders for internet service and national long distance telephone service.
The bids have offered very little upfront cash or are unworkable in the current form, said bankers.
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