Vodafone Idea Ordered to Convert Dues From Government Worth Over Rs. 16,000 Crore Into Equity

Vodafone Idea Ordered to Convert Dues From Government Worth Over Rs. 16,000 Crore Into Equity

ByNews Polite

Troubled Indian mobile service provider Vodafone Idea said on Friday the government had ordered the company to convert into equity all the dues owed to the government for use of airwaves including the interest related to payments for spectrum. The total amount to be converted into equity shares is Rs. 16,133…

TRAI to Meet Jio, Airtel and Other Telcos on February 17 to Discuss Plan for Improvement in Services

TRAI to Meet Jio, Airtel and Other Telcos on February 17 to Discuss Plan for Improvement in Services

ByNews Polite

Telecom regulator TRAI has called a meeting with telcos on February 17 to discuss measures and action plan for improving service quality, review of norms, benchmarks for 5G services, and unsolicited commercial communications. The meeting assumes significance as improvement in telecom service quality is bound to cheer mobile customers, irked…

5G Rollout Can Unleash New Economic Avenues, Help in Development: Economic Survey 2022-23

5G Rollout Can Unleash New Economic Avenues, Help in Development: Economic Survey 2022-23

ByNews Polite

The rollout of 5G services can unleash new economic opportunities and help India leapfrog the traditional barriers to development, while boosting innovation by startups and businesses, the Economic Survey said. The massive wave of digitisation, rising penetration of smartphones, and technology adoption have opened the doors for both traditional and…