People familiar added that the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) will hear the pleas this week with Bharti Airtel’s plea likely to be heard on Monday.
Vodafone CEO Colao and Airtel Chairman Mittal have said they would move court against the predatory pricing order, while Trai has said the carriers are free to do so
Aircel said its talks with lenders and shareholders failed to yield a consensus on restructuring its Rs 15,500-crore debt and getting funding, leaving resolution under IBC 2016 as its only option.
Industry insiders added that the chances of intra-circle roaming pacts happening also look slim, consider that the agreements also involve monetary payments
Aircel is also believed to be looking at the option of selling its assets, such as subscribers and infrastructure, with Bharti the frontrunner, say people familiar with the discussions.
Ingram Micro and Bright Point India petition for liquidation or sale of assets of Essar Group-owned The Mobile Store against claims of Rs 16.5 crore arrears.
COAI today said its members are evaluating legal options and may also approach the DoT and the PMO on their grievances against the regulator's decision on predatory pricing.
Trai filed an application of intervention before the apex court last week, saying it has “exclusive jurisdiction” on the sector, a claim contested by CCI on Tuesday.
To this effect, the government is expected to levy basic customs duty (BCD) on assembled PCBs from the upcoming financial year, EThad reported last week.
Foxconn had signed an MoU with Maharashtra in August 2015 to set up a mobile phone and parts manufacturing factory over 1,500 acres near Mumbai-Pune expressway.
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