Telecom Industry Current Affairs - 2020

What is Adjusted Gross Revenue?

There was a tussle between the Telecommunication industries and the GoI over the license fee settlement. The Union Budget waived penalty for those who paid their interest charges over the disputed tax liabilities before March 2020. The case over the license fee settlement was pronounced in favour of the GoI recently. Following this, several companies Read More…

Telecom Ministry forms committee to spell out revival plans for Telecom sector

Acknowledging that country’s telecom industry was under financial stress, Union Telecom Minister Ravi Shankar Prasad had constituted a committee chaired by Telecom Secretary Aruna Sundararajan to spell out revival plans for Telecom sector. About Aruna Sundararajan Committee Background: As the Indian telecom sector is under stress for a long time Union Minister has decided to Read More…

Vodafone Idea Ltd: Idea Cellular and Vodafone completes merger to create India’s largest telecom operator

The merger of Idea Cellular and Vodafone India has been completed after it was cleared by National Company Law Tribunal (NCLT). This merger has created India’s biggest telecom service provider. The merged entity is named Vodafone Idea Ltd and dislodges current market leader Bharti Airtel from top position, by its sheer size and scale. New Read More…