The Adjusted Gross Revenue (AGR) related dues payable by telecom majors, including Vodafone Idea and Bharti Airtel, cannot be a subject matter of any future litigation, the Supreme Court has said. A bench headed by Justice L Nageswara Rao stated this while dismissing the plea of telcos seeking rectification of alleged errors in the calculation of AGR. The top court said the dispute relating to AGR has been pending in courts for a very long period of time and the dues payable by TSPs (Telecom Service Providers) cannot be the subject matter of any future litigation. It said there is no room for any doubt from the perusal of the earlier judgement dated September 1, 2020 with respect to this court entertaining any application for altering the AGR dues of the TSPs. The court said that issues concerning the ambit of proceedings under Section 18 of the Insolvency and Bankruptcy Code, 2016 in relation to spectrum, the manner in which payment has to be made by and liabilities apportioned ..
A three-judge SC bench headed by Justice L N Rao had on Friday quashed the telcos'' petitions seeking rectification of mathematical errors in calculating their AGR dues
The mobile and broadband operator, which has roped in Goldman Sachs as principal of the programme, said the buy-backs will start on July 26 and end by November 17
Kolkata: Vodafone Idea (Vi) may soon be left without an option but to file for bankruptcy with the Supreme Court rejecting reassessment of its dues
Vodafone brought some cheer to the EMEA telecoms sector Friday with news of a 5.7% year-on-year increase in revenues to 11.1 billion in its fiscal first quarter that ended 30 June, aided by the return of roaming revenues as people started travelling again in greater numbers as the pandemic subsides. The operator saw an uptick []
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The report on Global Guest Wi-Fi Platform Market has been provided by researchers for a detailed understanding of market performance over an estimated period of time set from 2021 to 2026. However, this report has introduced a brief overview to provide the reader with better information on this report. This brief description contains a basic []
VOD earnings call for the period ending June 30, 2021.
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The bench, headed by Justice L. Nageswara Rao, rejected the applications moved by Vodafone Idea, Bharti Airtel and Tata Teleservices that pointed out alleged errors in calculating AGR dues and sought a recomputation of the dues.
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The FTSE 100 index ended higher on Friday, led by gains in consumer staples and a jump in Vodafone shares on strong results, while Ultra Electronics surged on a takeover bid from aerospace manufacturer Cobham.
The U.K. index was looking at a modest gain for the week, trailing European rivals, with
The Vodafone share price is rising after the company reported a return to growth. Roland Head asks if the stock''s high yield is safe. The post 6.6% yield: should I buy Vodafone shares for a passive income? appeared first on The Motley Fool UK .
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