BAK, under which the fee is zero, would benefit only the “new operator”, Birla said in a reference to Reliance Jio Infocomm.
Bharti, burdened with debt of Rs 87,840 crore at the end of June, will instead focus on strengthening its books through a strategic stake sale in tower arm Bharti Infratel.
Discussions between both sides have revolved around a possible merger between unlisted Tata Teleservices and Tata Sky and the listed Tata Comm with Bharti Airtel.
The government is taking the view that it doesn’t fall under ITA, under which the country is bound to allow duty-free imports of telecom and IT products.
Are Jio's 4G gear imports duty free? Telcos may have to cough up hefty customs duty if govt thinks otherwise
If govt decides that 4G equipment is not covered under Information Technology Agreement, telcos may have to pay hundreds of crores of rupees in customs duty.
More than 10 local banks have red-flagged their loans given to the mobile operator which has suffered a loss of Rs 966 cr in the January-March quarter.
Telecom operators have said that there will increase in cost of phone services under the GST regime after its implemented from July 1.
About 70% of smartphone consumers prefer offline channel - the biggest sales channel in India contributing 2/3rd of smartphone sales over online.
Airtel vs Voda vs Jio: Trai chief says telcos making too much of noise, rules out floor for call rates
RS Sharma said Trai believes that unnecessary interventions don’t help. “In the long run, there should be a minimalistic intervention and regulation.”
Sinha told ET in an interview that the ongoing consolidation benefited the telecom industry and that the call drops situation had improved significantly.
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