Debt levels of telecom firms likely to rise, warns ICRA

Last Updated: Saturday, January 10, 2015, 00:24

Even as the proposed spectrum auction is expected to generate up to Rs 96,000 crore for the government, the debt levels of telecom firms are likely to go up due to sizeable payouts, rating agency ICRA said on Friday.

FinMin seeks DoT's view on attracting top global telecom firms

Last Updated: Friday, September 27, 2013, 21:48

After allowing 100 percent FDI in the telecom sector, the government is making efforts to attract global giants such as China Telecom to help revive investment flows, sources said.

SC order directly binding on telcos: DoT source

Last Updated: Friday, February 15, 2013, 22:18

Telecom firms which did not win any mobile phone spectrum after their licences were cancelled by the Supreme Court, may have to the shut shop with immediate effect.

CBI asks DoT for files related Telecom firms licences

Last Updated: Friday, September 7, 2012, 17:35

Nearly 10 months after registering a case, the CBI has asked Department of Telecom (DoT) to provide certified copies of records and files pertaining to licences issued to Bharti and Sterling and Hutchison for increasing spectrum band width.

2G: DoT official was not aware of LoIs distribution in advance

Last Updated: Thursday, July 5, 2012, 21:04

Yet another prosecution witness in the 2G case told a Delhi court on Thursday that there was no prior information about the distribution of Letter of Intents (LoIs) for spectrum licences to telecom firms, undertaken on January 10, 2008 under the supervision of erstwhile top DoT official A K Srivastava.

Scrap DoT proposal to charge all spectrum at new rates: Mulayam

Last Updated: Wednesday, June 27, 2012, 19:13

Samajwadi Party supremo Mulayam Singh Yadav has shot off a letter to Finance Minister saying existing telecom firms should not be made to pay the same spectrum fee as to be discovered during the proposed auctions.

China warns of tit-for-tat action over anti-dumping case by EU

Last Updated: Wednesday, May 30, 2012, 19:11

In a tit-for-tat move, China Wednesday warned that it will probe illegal EU subsidies to counter Brussels' reported decision to launch anti-dumping cases against Chinese telecom firms for receiving subsidies.

2G: I-T begins probe against all telecom firms who got licences

Last Updated: Sunday, May 13, 2012, 15:23

In a fresh trouble for telecom giants, Income Tax department has initiated a post-2008 probe into the finances, investments and returns of all those 122 2G spectrum licence benefactors whose authorisations were scrapped by the Supreme Court recently.

Telcos hail SC ruling to extend deadline for offering services

Last Updated: Tuesday, April 24, 2012, 18:35

Welcoming the Supreme Court judgement allowing telecom firms whose licences it had earlier cancelled, to continue operations till September 7, telecom operators on Tuesday said it will provide a huge relief to customers.

SC notice to Centre, telecom firms on spectrum allocation

Last Updated: Monday, March 12, 2012, 18:48

The Supreme Court Monday issued notices to the Centre and seven telecom firms including Bharti Airtel and Vodafone on a plea for cancellation of 2G spectrum beyond 2x4.5 MHz for metros and 2x4.4 MHz for other circles, allocated to the firms without additional fees.

Paying for annoying "cartel" of telecom firms: A Raja

Last Updated: Wednesday, August 24, 2011, 21:53

Former Telecom Minister A Raja on Wednesday told a Delhi court that he has been made to pay the price for annoying a "cartel" of telecom firms. "Earlier, the cartel of existing telecom companies had the say.