Thursday, 20 January 2022

Indian Supreme Court to telcos: “How can you sell somebody else’s property?’

by Harry Baldock, Total Telecom
Monday 24 August 20

India’s Supreme Court (SC) has slammed telcos over spectrum sales at the latest adjusted gross revenue (AGR) hearing

It has been almost a year since the SC passed its divisive AGR judgement, ordering the nation’s telcos to pay billions of dollars to the Department of Telecommunications (DoT). Since that time, Vodafone Idea has teetered on the edge of insolvency and Bharti Airtel has taken desperate measures to remain competitive, leaving only the nation’s disruptive newcomer, Reliance Jio…

It has been almost a year since the SC passed its divisive AGR judgement, ordering the nation’s telcos to pay billions of dollars to the Department of Telecommunications (DoT). Since that time, Vodafone Idea has teetered on the edge of insolvency and Bharti Airtel has taken desperate measures to remain competitive, leaving only the nation’s disruptive newcomer, Reliance Jio…

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