Now, with verification going back to old ways, the telcos will have to send agents to every household, possibly making multiple trips, and this would cost Rs 250-300 per new subscriber.
“There are two strategic buyers and we are in the process of discussions but timelines have not been finalised yet. It will be a controlling stake sake which could go up to 100%,” said Bill Barney, CEO, RCom.
Legal sources familiar with developments said RCom tried to come to a settlement with Paytm's parent firm but the talks fell through.
Are telcos playing games? DoT suspects so, and is bringing back the feared special audits after 3 years.
DoT filed two separate but identical petitions on September 13, claiming that fresh bank guarantees for Rs 28.70 crore and Rs 32,655.58 crore are needed from the operators.
Vodafone Idea wants the telecom department to recalculate the Rs 3,926.3 crore it had paid as spectrum price to get the government’s approval for the merger that created the company.
Suggestions include unifying levies, settling few cases and being lenient on minor infringements.
Sinha told that they have not fixed targets but BSNL is a good player in the mobile market and we are seriously contemplating that 4G spectrum should be given to it.
Vodafone India and Idea will need to shed up to 2,500 people from its 17,500-18,000 staff
RCom also needs to budget for additional time as either party — itself or the DoT — is likely to challenge any adverse TDSAT order in the Supreme Court.
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