Search For "coai"
COAI asks govt for fiscal relief to offset AGR crisis
Updated : 6 years ago IST
New Delhi [India], Feb 27 (ANI): The Cellular Operators Association of India (COAI) has urged the government to reduce licence fee from 8 per cent to 3 per cent and asked for a slew of fiscal measures to offset the stress stemming from Supreme Court's verdict on adjusted gross revenue (AGR)
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Deeply disappointed, says COAI after SC rejects AGR review plea
Updated : 6 years, 1 month ago IST
New Delhi [India], Jan 17 (ANI): After Supreme Court dismissed review petitions by various telecom companies challenging its judgement in the Adjusted Gross Revenue (AGR) case, the Cellular Operators Association of India (COAI) on Thursday said that the sector is again "deeply disappointed"
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COAI welcomes consultation paper issued by TRAI on floor pricing
Updated : 6 years, 2 months ago IST
New Delhi [India], Dec 18 (ANI): Cellular Operators Association of India (COAI) on Tuesday welcomed the consultation paper issued by telecom regulator TRAI on floor pricing.
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COAI welcomes Union Cabinet's move to ease stress on telecom services sect
Updated : 6 years, 3 months ago IST
New Delhi [India], Nov 21 (ANI): The Cellular Operators Association of India (COAI) has welcomed the Union Cabinet's approval for the proposal of mitigating financial stress being faced by the telecom services sector in the country.
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RCom posts Q2 loss of Rs 30,142 crore on provisioning of liabilities
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Nov 16 (ANI): Bankrupt telecom operator Reliance Communications has posted a consolidated loss of Rs 30,142 crore for the second fiscal quarter (July to September) due to provisioning of liabilities after the recent Supreme Court ruling on statutory dues.
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Reliance Jio asks govt to rubbish COAI claims after SC order on AGR
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 31 (ANI): The bruising battle in Indian telecom sector reached high echelons of government on Thursday with Reliance Jio Infocomm Ltd (RJIL) rubbishing Cellular Operators Association of India (COAI) which has claimed an unprecedented crisis after the recent Supreme Cou
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Rating agencies downgrade Vodafone-Idea, Bharti Airtel after SC ruling on
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 31 (ANI): Care Ratings has downgraded its rating on long-term bank facilities and non-convertible debentures of Vodafone Idea as Fitch placed Bharti Airtel's BBB long-term foreign currency issuer default rating (IDR) on rating watch negative (RWN).
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Reliance Jio blasts COAI for propagating doom of telecom sector after SC o
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 30 (ANI): Reliance Jio Infocomm Ltd (RJIL) on Wednesday lashed out at the Cellular Operators Association of India (COAI) for writing to Union Telecom Minister Ravi Shankar Prasad alleging unprecedented crisis in the sector without waiting for its divergent views.
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Govt forms panel of secretaries on measures to ease financial stress in te
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 29 (ANI): The government is constituting a high-level panel under the Cabinet Secretary to suggest measures for mitigating financial stress in the telecom sector, sources said on Tuesday.
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Bharti Airtel defers Q2 result till Nov 14, stock drops by 4.5 pc
Updated : 6 years, 4 months ago IST
Mumbai (Maharashtra) [India], Oct 29 (ANI): Telecom major Bharti Airtel on Tuesday deferred its second quarter (July to September) result till November 14 as it seeks clarity on the adjusted gross revenue (AGR) matter arising out of a recent judgement by the Supreme Court.
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SC judgment last straw in contributing to telecom financial distress: COAI
Updated : 6 years, 4 months ago IST
New Delhi [India], Oct 24 (ANI): The telecom sector on Thursday expressed deep disappointment over the Supreme Court's judgment on the definition of adjusted gross revenue (AGR) which it said will negatively impact incumbent operators by over Rs 92,000 crore.
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Mobile subscribers base in India nearly touching 100 million
Updated : 7 years, 11 months ago IST
New Delhi [India], Mar. 20 (ANI): Cellular Operators Association of India (COAI), the apex industry association representing the country's major telecom, Internet, technology and digital services companies, recently released the latest telecom subscriber numbers, for the month ending January
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