Senior officials said the government would not consider the means of allocation of spectrum in the E&V bands in this meeting.
Upholding other complaints of Airtel, the FTCP of the ASCI ruled that Jio’s claims of “best entertainment” through television commercials and YouTube ads, was not substantiated.
Aircel had given the bank guarantees to DoT when it transferred its broadband and wireless access (BWA) spectrum to Bharti Airtel in April 2016, as part of the pre-condition for spectrum transfer.
The association asked for GST on rechargeable lithium-ion batteries to be reduced to 18% from 28% currently, in line with other batteries.
In the Bharti Airtel case, the Supreme Court directed the government to clear its merger with Telenor India without requiring the Sunil Mittal-promoted telco to provide a Rs. 1,499 crore bank guarantee.
The industry has been hit by brutal price wars accelerated by the entry of Reliance Jio in September 2016, which have severely dented revenue and profitability of telcos.
COAI had also levelled “baseless” allegations against the operator and the Trai, besides criticising decisions made by the regulator in the interest of consumers, the official said.
Trai had argued that the high court was not the right forum for Vodafone to appeal against its move, which was part of a larger order on predatory tariffs issued on February 16.
The house expects 75% of guided synergies to come though, and hence estimates the FY19-24 operating margins to grow at a CAGR of 14%, to 39.4% from 21.8% in FY18.
The segment expanded nearly 50% last year and is expected to accelerate further in 2018, becoming critical for the major players that want to grow or consolidate their share, said companies and experts.
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