AGR verdict: Voda-Idea to struggle; but duopoly may not be ideal solution

Telecom sector in India is probable to see consolidation in the coming days having said that, duopoly could not be the suitable solution for a large place like India, claimed analysts just after Supreme Court on Friday turned down the telecom companies’ plea trying to find new routine of adjusted gross earnings (AGR) payments. Go through A lot more

The Supreme Court on Friday directed the taking care of administrators and administrators of telcos and other firms to reveal why contempt action be not taken from them for non-compliance of its buy to fork out adjusted gross earnings (AGR) of Rs 1.47 trillion to the Department of Telecommunications (DoT).

Having robust notice of the non-compliance of its buy, a bench of Justice Arun Mishra, Justice S Abdul Nazeer and Justice M R Shah expressed anguish in excess of the buy passed by DoT’s desk officer staying the effect of its

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