独家
电信部才更新执照RCom清理费
写了RCom点,要求其电信牌照是再延长20年。
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BSNL眼睛人力资源变换把一个角落
平均每年近2000名员工即将退休十年为一个周期在2022 - 2032之间,使它更集中组织与私人企业竞争的球员——信实Jio Bharti Airtel和沃达丰的想法。
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“点已经通知它不能更新电信牌照,除非先前RCom频谱相关会费清除。在此之前解决专业(RP)沟通的部门按照破产和破产代码,其会费受到暂停,它不需要支付他们,”一位官员说意识到发展。
RP会TDSAT
写了RCom点,要求其电信牌照是再延长20年。
之前安尼尔•安巴尼旗下的电信,目前正在由其RP,会计师事务所德勤作为破产程序的一部分在IBC倒闭之后与46000卢比的债务。
电信行业官员意识到说,RP可能移动电信解决纠纷和上诉法庭(TDSAT)兑点决定。
没有回复RCom ET的邮件查询。
“我们受保密义务的约束,无法评论关系很重要,”德勤的一位发言人在一封电子邮件中说。
而信实电信消费者的手机业务在2017年底关闭,这对企业仍在运行其业务。还没有支付任何的26000卢比调整总收入(AGR)会费点的要求,称其正在进行的破产程序。
IBC程序下,信实电信的债权人委员会2020年3月清除将资产重建公司的决议计划UVARCL接公司的光谱为12760卢比,交错超过12年,5卢比的前期现金付款。这是一大块20000 - 23000卢比的出售资产的预期RCom及其两个单位信实电信和鼓吹他的依赖。除了频谱,资产出售包括塔、纤维、企业业务、数据中心和土地。
“以这种速度,银行不会恢复光谱的任何价值由于法律纠纷,“说第三人知道点和信实电信之间的通信。
国家公司法上诉法庭(NCLAT),在一个单独的但相似的情况下,禁止另一个破产电信Aircel出售其光谱分辨率下的过程,除非点的会费了。
这一裁决受到了Aircel债权人和买方的资产,UVARCL,最高法院。
一些破产律师说的唯一方法的点可以有希望恢复甚至费的一部分是通过RCom继续作为一个授权的实体,并留住它的电波。如果终止RCom执照,承运人将失去其剩余谱“使用权”。如果它不能卖谱,其决议过程将分崩离析。
该决议计划和信实电信RCom尚未通过国家公司法法庭(NCLT)。法庭扫清了塔下信实鼓吹他的销售依赖Jio单位近5000卢比。
![\"Department](\"https:\/\/st.etb2bimg.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
<\/figure>Mumbai: The Department of Telecommunications<\/a> (DoT) has refused to renew Reliance Communications<\/a>' (RCom) telecom licence unless it clears its statutory dues of Rs 26,000 crore. If the bankrupt telco fails to do so it will be forced to surrender its spectrum and its asset sale plan under the insolvency process will get derailed.\u201cDoT has informed RCom that it cannot renew telecom licences unless previous spectrum related dues are cleared. This followed the resolution professional\u2019s (RP<\/a>) communication to the department that as per Insolvency and Bankruptcy Code, its dues come under a moratorium and it does not have to pay them,\u201d said an official aware of the developments.
RP may move TDSAT
<\/strong>
RCom had written to the DoT, requesting that its telecom licence be renewed for another 20 years.
<\/div><\/div>RCom owns a pan-India telecom licence and holds airwaves in the 850 MHz band in 14 of India\u2019s 22 telecom circles. Its permits expire in July.
The telco, previously owned by Anil Ambani, is currently being run by its RP, accounting firm Deloitte, as part of an insolvency process under the IBC after it went bust with Rs 46,000 crore of debt.
A telecom industry official aware of the matter said that the RP may move the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) against the DoT decision.
RCom did not reply to ET\u2019s emailed queries.
\u201cWe are bound by confidentiality obligations and are unable to comment on client-specific matters,\u201d a Deloitte spokesperson said in an email.
While RCom\u2019s consumer mobile phone business shut down in late 2017, it is still running its business for enterprises. It hasn\u2019t paid any of its Rs 26,000 crore adjusted gross revenue (AGR) dues demanded by the DoT, citing its ongoing bankruptcy proceedings.
Under the IBC proceedings, RCom\u2019s committee of creditors in March 2020 cleared a resolution plan that would see asset reconstruction firm UVARCL<\/a> pick up the company\u2019s spectrum for Rs 12,760 crore, staggered over 12 years, with Rs 5 crore of upfront cash payment. That is a big chunk of the Rs 20,000-23,000 crore expected from the sale of assets in RCom and its two units \u2013 Reliance Telecom<\/a> and Reliance Infratel<\/a>. Besides spectrum, the assets on sale include towers, fibre, enterprise business, data centres and land.
The telco, previously owned by Anil Ambani, is currently being run by its RP, accounting firm Deloitte, as part of an insolvency process under the IBC after it went bust with Rs 46,000 crore of debt.
A telecom industry official aware of the matter said that the RP may move the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) against the DoT decision.
RCom did not reply to ET\u2019s emailed queries.
\u201cWe are bound by confidentiality obligations and are unable to comment on client-specific matters,\u201d a Deloitte spokesperson said in an email.
While RCom\u2019s consumer mobile phone business shut down in late 2017, it is still running its business for enterprises. It hasn\u2019t paid any of its Rs 26,000 crore adjusted gross revenue (AGR) dues demanded by the DoT, citing its ongoing bankruptcy proceedings.
Under the IBC proceedings, RCom\u2019s committee of creditors in March 2020 cleared a resolution plan that would see asset reconstruction firm UVARCL<\/a> pick up the company\u2019s spectrum for Rs 12,760 crore, staggered over 12 years, with Rs 5 crore of upfront cash payment. That is a big chunk of the Rs 20,000-23,000 crore expected from the sale of assets in RCom and its two units \u2013 Reliance Telecom<\/a> and Reliance Infratel<\/a>. Besides spectrum, the assets on sale include towers, fibre, enterprise business, data centres and land.
<\/div><\/div>Under the plan, DoT, as an operational creditor, won\u2019t recover even a fraction of its claims. This is because operational creditors of RCom and its unit Reliance Telecom are getting Rs 672 crore and Rs 88 crore, respectively, to be split among hundreds of such creditors, including tower companies and equipment vendors, besides the DoT.
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Read also<\/h3>
<\/figure>Read also<\/h3><\/a><\/div>Reliance Communications requests DoT to renew telecom licence for 20 years<\/h4><\/a><\/div><\/a><\/div>Aircel lenders to move SC as appellate tribunal bars spectrum sale<\/h4><\/a><\/div><\/div>
\u201cAt this rate, the lenders will not recover any value from the spectrum because of the legal battles,\u201d said a third person aware of the correspondence between DoT and RCom.
The National Company Law Appellate Tribunal (NCLAT), in a separate but similar case, had barred another bankrupt telco Aircel from selling its spectrum under the resolution process, unless DoT\u2019s dues are cleared.
This ruling has been challenged by Aircel\u2019s creditors and the buyer of its assets, UVARCL, in the Supreme Court<\/a>.
Some insolvency lawyers say the only way the DoT can have hopes of recovering even a part of its dues is by way of RCom continuing as a licensed entity, and retaining its airwaves. If RCom\u2019s licence is terminated, the carrier will lose the \u2018right to use\u2019 its residual spectrum. And if it can\u2019t sell spectrum, its resolution process will fall apart.
The resolution plans for RCom and Reliance Telecom are yet to be cleared by the National Company Law Tribunal (NCLT). The tribunal has cleared the sale of towers under Reliance Infratel to a Reliance Jio<\/a> unit for nearly Rs 5,000 crore.
<\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"25.0","minfoseo":"25-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1625539427581","minfoseo":"1625539427581"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"-962953077","minfoseo":"-962953077"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"NumberOfCharacters":{"minfo":"3719.0","minfoseo":"3719-0"},"NumberOfWords":{"minfo":"615.0","minfoseo":"615-0"},"key":{"0":{"keyid":"46907","value":"Reliance communications","smid":"0","keynameseo":"Reliance-communications","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"7495684","value":"UVARCL","smid":"0","keynameseo":"UVARCL","keytype":"","keycount":"totalcount","weightage":"20"},"2":{"keyid":"6354977","value":"Supreme Court","smid":"0","keynameseo":"Supreme-Court","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"313907","value":"RP","smid":"0","keynameseo":"RP","keytype":"","keycount":"totalcount","weightage":"20"},"4":{"keyid":"107841","value":"Reliance Telecom","smid":"0","keynameseo":"Reliance-Telecom","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"6354504","value":"reliance jio","smid":"0","keynameseo":"reliance-jio","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"44524","value":"Reliance Infratel","smid":"0","keynameseo":"Reliance-Infratel","keytype":"","keycount":"totalcount","weightage":"20"},"8":{"keyid":"116246","value":"Department of Telecommunications","smid":"0","keynameseo":"Department-of-Telecommunications","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Devina Sengupta","aunameseo":"devina-sengupta","artauid":"479252477","artauemail":"devinafake1@in.com","auselfimageid":"479252477","auimageid":"00479252477","auimagelen":"4566","auFullName":"Devina Sengupta","pubname":"ET","designame":"Assistant Editor","audetailsxml":{"authordetails":"I track the Telecom sector, tussles in India Inc's Business Houses and have reported on the Human Capital market for close to a decade. Now in the Telecom beat, I report on M&As, government policies, consumer behaviour and the legal battles involving investors, shareholders and companies. A degree in psychology and another one in journalism helps me break down a story and cover its impact from multiple perspectives. You can reach me on devina.sengupta@timesgroup.com and on Twitter - @DevinaET","details":{"detail":[{"@attributes":{"type":"occupation"}},{"@attributes":{"type":"beat"}}]}},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"autype":"GENERAL"}},"similarlytagged":[{"msid":"96274265","stname":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","artsyn":"In November, RCom that housed Anil Ambani-owned Reliance Group\u2019s telecom business, had said that Axis Trustee Services Ltd. had told the telco of its intention to invoke and sell 100% of equity shares in GIDC to a third party.","seolocation":"telecomnews\/axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans","seolocationalt":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","url_seo":"axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans"},{"msid":"95718694","stname":"NCLT orders urgent implementation of Reliance Infratel resolution plan","artsyn":"As per the orders of the NCLT made public on Wednesday, the court allowed Jio\u2019s arm, Reliance Project and Property Management Services Ltd (RP&PMSL) to deposit Rs 3720 crore in a State Bank of India escrow account as part of the Reliance Infratel Ltd. (RITL) insolvency resolution plan.","seolocation":"telecomnews\/nclt-orders-urgent-implementation-of-reliance-infratel-resolution-plan","seolocationalt":"NCLT orders urgent implementation of Reliance Infratel resolution plan","url_seo":"nclt-orders-urgent-implementation-of-reliance-infratel-resolution-plan"},{"msid":"95453659","stname":"RCom unit sold to third party for non-repayment of loans","artsyn":"RCom held 100% stake in GIDC through another subsidiary Reliance Webstore Limited (RWSL). In August 2016, RCom and Reliance Infratel Limited had taken loans Rs 565 crore and Rs 635 crore respectively from the State Bank of India. In September that year, the telco pledged 100% of its shareholding in GIDC to the bank against the loan.","seolocation":"telecomnews\/rcom-unit-sold-to-third-party-for-non-repayment-of-loans","seolocationalt":"RCom unit sold to third party for non-repayment of loans","url_seo":"rcom-unit-sold-to-third-party-for-non-repayment-of-loans"},{"msid":"94822982","stname":"RBI's new norms for ARCs may further delay Aircel & RCom debt resolutions","artsyn":"Asset Reconstruction Company of India (Arcil), Edelweiss ARC and government-promoted National Asset Reconstruction Company, which have NOFs exceeding \u20b91,000 crore, are eligible to submit bids in bankruptcy settings. The central bank has further said that ARCs should not retain any control over the insolvent company after five years, thus indicating that it would have to find a buyer and exit the company in the medium term.","seolocation":"telecomnews\/rbis-new-norms-for-arcs-may-further-delay-aircel-rcom-debt-resolutions","seolocationalt":"RBI's new norms for ARCs may further delay Aircel & RCom debt resolutions","url_seo":"rbis-new-norms-for-arcs-may-further-delay-aircel-rcom-debt-resolutions"},{"msid":"93626971","stname":"Lenders to Anil Ambani's RITL, RIL reach takeover deal","artsyn":"Banks led by the State Bank of India (SBI) have agreed to issue a no objection certificate (NOC) to RIL following which the Mukesh Ambani-promoted company will transfer the agreed amount to an escrow account. The NOC essentially is a no dues certificate for RITL, a procedure followed before the implementation of the resolution plan.","seolocation":"telecomnews\/lenders-to-anil-ambanis-ritl-ril-reach-takeover-deal","seolocationalt":"Lenders to Anil Ambani's RITL, RIL reach takeover deal","url_seo":"lenders-to-anil-ambanis-ritl-ril-reach-takeover-deal"},{"msid":"92681340","stname":"\u200bRCom fails to attract buyers for non-core assets","artsyn":"These assets included land in Pune (871.1 sq metres) and Chennai (3.44 acres); offices in Chennai's Haddows Road and Bhubaneswar; and shares of Campion Properties Ltd and Reliance Realty.","seolocation":"telecomnews\/rcom-fails-to-attract-buyers-for-non-core-assets","seolocationalt":"\u200bRCom fails to attract buyers for non-core assets","url_seo":"rcom-fails-to-attract-buyers-for-non-core-assets"},{"msid":"90554911","stname":"Telecom operators owe Rs 1.65 lakh crore to govt in AGR dues: Chauhan","artsyn":"The fresh calculation shows AGR liability on Bharti Airtel was Rs 31,280 crore, Vodafone Idea Rs 59,236.63 crore, Reliance Jio Rs 631 crore, BSNL Rs 16,224 crore, MTNL Rs 5,009.1 crore up to financial year 2018-19.","seolocation":"telecomnews\/telecom-operators-owe-rs-1-65-lakh-crore-to-govt-in-agr-dues-chauhan","seolocationalt":"Telecom operators owe Rs 1.65 lakh crore to govt in AGR dues: Chauhan","url_seo":"telecom-operators-owe-rs-1-65-lakh-crore-to-govt-in-agr-dues-chauhan"},{"msid":"86787263","stname":"DoT to SC: Want to reconsider appeal against TDSAT ruling","artsyn":"A two-judge bench headed by Justice MR Shah set the next hearing for November 17, but told solicitor general Tushar Mehta that the government would need to \u201csatisfy\u201d the court, which will have to \u201cconsider the larger public interest.\u201d","seolocation":"telecomnews\/sc-grants-time-to-centre-to-reconsider-decision-to-pursue-rs-40000-crore-spectrum-usage-charge","seolocationalt":"DoT to SC: Want to reconsider appeal against TDSAT ruling","url_seo":"sc-grants-time-to-centre-to-reconsider-decision-to-pursue-rs-40000-crore-spectrum-usage-charge"},{"msid":"85477392","stname":"In-depth: Making sense of India\u2019s telecoms job market","artsyn":"Last year, post clashes between the Indian and Chinese forces in Ladakh led to a policy change concerning the Chinese vendors. This led to the Chinese vendors reducing their workforce in India. There were reports that Chinese gear maker Huawei slashed its workforce by as much as 60-70% last year.","seolocation":"telecomnews\/in-depth-making-sense-of-indias-telecoms-job-market","seolocationalt":"In-depth: Making sense of India\u2019s telecoms job market","url_seo":"in-depth-making-sense-of-indias-telecoms-job-market"},{"msid":"85445788","stname":"Vodafone Idea lenders demand additional collateral on existing loans","artsyn":"\u201cLenders are worried over the recent ratings downgrade of the telco and are seeking changes in loan covenants with higher interest rates and top up on margin money and security against existing facilities,\u201d said a bank official who did not want to be named.","seolocation":"telecomnews\/vodafone-idea-lenders-demand-additional-collateral-on-existing-loans","seolocationalt":"Vodafone Idea lenders demand additional collateral on existing loans","url_seo":"vodafone-idea-lenders-demand-additional-collateral-on-existing-loans"},{"msid":"85167855","stname":"Converting debt to equity is one option to save Vodafone Idea, lenders tell DoT","artsyn":"They instead pushed the Department of Telecommunications (DoT) to take steps to save the carrier, failing which the government would stand to lose a lot more than banks.","seolocation":"telecomnews\/converting-debt-to-equity-is-one-option-to-save-vodafone-idea-lenders-tell-dot","seolocationalt":"Converting debt to equity is one option to save Vodafone Idea, lenders tell DoT","url_seo":"converting-debt-to-equity-is-one-option-to-save-vodafone-idea-lenders-tell-dot"},{"msid":"85044583","stname":"Banks to discuss next course of action on Vodafone Idea","artsyn":"According to official data, VIL had an adjusted gross revenue (AGR) liability of Rs 58,254 crore, out of which the company has paid Rs 7,854.37 crore and Rs 50,399.63 crore is outstanding.","seolocation":"telecomnews\/banks-to-discuss-next-course-of-action-on-vodafone-idea","seolocationalt":"Banks to discuss next course of action on Vodafone Idea","url_seo":"banks-to-discuss-next-course-of-action-on-vodafone-idea"},{"msid":"84970344","stname":"Vodafone Idea names Gulshan Khurana as EVP - Tranmission and Core, replaces Mudit Agarwal","artsyn":"Prior to VIL, Khurana was Head of Sales Consulting for Asia Pacific & Japan with Oracle.","seolocation":"telecomnews\/vodafone-idea-names-gulshan-khurana-as-evp-tranmission-and-core-replaces-mudit-agarwal","seolocationalt":"Vodafone Idea names Gulshan Khurana as EVP - Tranmission and Core, replaces Mudit Agarwal","url_seo":"vodafone-idea-names-gulshan-khurana-as-evp-tranmission-and-core-replaces-mudit-agarwal"},{"msid":"84861329","stname":"Airtel, Tata Communications, RCom, Railtel among 34 firms found violating internet services licence rules: Govt","artsyn":"The list of violators shared by Minister of State for Telecom Devusinh Chauhan includes C-DAC Noida, Icenet.net, Kappa Internet Services, Noida Software Technology Park and World Gate Network.","seolocation":"telecomnews\/airtel-tata-communications-rcom-railtel-among-34-firms-found-violating-internet-services-licence-rules-govt","seolocationalt":"Airtel, Tata Communications, RCom, Railtel among 34 firms found violating internet services licence rules: Govt","url_seo":"airtel-tata-communications-rcom-railtel-among-34-firms-found-violating-internet-services-licence-rules-govt"},{"msid":"84812647","stname":"Government mulling long-term measures to boost health of stressed telecom sector","artsyn":"A critical step is a relook at the definition of AGR to exclude non-telecom items. This has been a longstanding battle between the government and telcos, which the DoT won in September 2019 in the Supreme Court.","seolocation":"telecomnews\/government-mulling-long-term-measures-to-boost-health-of-stressed-telecom-sector","seolocationalt":"Government mulling long-term measures to boost health of stressed telecom sector","url_seo":"government-mulling-long-term-measures-to-boost-health-of-stressed-telecom-sector"},{"msid":"84780445","stname":"Deutsche Bank suggests merger with BSNL to save Vodafone Idea","artsyn":"At present, Vi owes the Department of Telecommunications more than Rs 1.5 lakh-crore by way of AGR and deferred spectrum payment dues.","seolocation":"telecomnews\/deutsche-bank-suggests-merger-with-bsnl-to-save-vodafone-idea","seolocationalt":"Deutsche Bank suggests merger with BSNL to save Vodafone Idea","url_seo":"deutsche-bank-suggests-merger-with-bsnl-to-save-vodafone-idea"},{"msid":"84705613","stname":"'India@100 could be as rich as US, China'","artsyn":"India and the world changed dramatically at the beginning of the 1990s. Communist Soviet Union collapsed. The Cold War ended. And India embarked on a bold new path of economic reforms. Thirty years later, the global order is changing fundamentally yet again. The speed, scale and substance of this change are unprecedented, even unpredictable. Yet, one thing is absolutely predictable: India\u2019s time has come.","seolocation":"telecomnews\/india100-could-be-as-rich-as-us-china","seolocationalt":"'India@100 could be as rich as US, China'","url_seo":"india100-could-be-as-rich-as-us-china"},{"msid":"84585089","stname":"DoT can't revoke RCom's licenses for 10 more days: High Court","artsyn":"DoT on Tuesday told the court that RCom is a \"dead horse that is getting beaten to revive it unlike other telcos which still have their licenses valid.\"","seolocation":"telecomnews\/dot-cant-revoke-rcoms-licenses-for-10-more-days-high-court","seolocationalt":"DoT can't revoke RCom's licenses for 10 more days: High Court","url_seo":"dot-cant-revoke-rcoms-licenses-for-10-more-days-high-court"},{"msid":"84377076","stname":"NCLT to hear RCom case on July 15","artsyn":"Last Thursday, the bankrupt telco informed NCLT that DoT is unlikely to renew RCom\u2019s licence on July 27 and when they expire, and if that happens, there will be nothing left in the carrier to sell.","seolocation":"telecomnews\/nclt-to-hear-rcom-case-on-july-15","seolocationalt":"NCLT to hear RCom case on July 15","url_seo":"nclt-to-hear-rcom-case-on-july-15"},{"msid":"84265188","stname":"Vodafone Idea appoints Poonam Bhat as EVP - Digital","artsyn":"Prior to joining Vi, Bhat was the Lead IT Manager driving digital initiatives for distributive trade markets in Hindustan Unilever Limited, the telco said in a statement on social networking site Linkedin.","seolocation":"telecomnews\/vodafone-idea-appoints-poonam-bhat-as-evp-digital","seolocationalt":"Vodafone Idea appoints Poonam Bhat as EVP - Digital","url_seo":"vodafone-idea-appoints-poonam-bhat-as-evp-digital"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"46907","value":"Reliance communications","smid":"0","keynameseo":"Reliance-communications","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"7495684","value":"UVARCL","smid":"0","keynameseo":"UVARCL","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354977","value":"Supreme Court","smid":"0","keynameseo":"Supreme-Court","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"313907","value":"RP","smid":"0","keynameseo":"RP","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"107841","value":"Reliance Telecom","smid":"0","keynameseo":"Reliance-Telecom","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354504","value":"reliance jio","smid":"0","keynameseo":"reliance-jio","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"44524","value":"Reliance Infratel","smid":"0","keynameseo":"Reliance-Infratel","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"28351","value":"policy","smid":"0","keynameseo":"policy","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"116246","value":"Department of Telecommunications","smid":"0","keynameseo":"Department-of-Telecommunications","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"Department of Telecommunications"},{"name":"Reliance communications"},{"name":"Reliance Infratel"},{"name":"Reliance Telecom"},{"name":"Supreme Court"},{"name":"reliance jio"},{"name":"UVARCL"},{"name":"policy"},{"name":"RP"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["Reliance communications","UVARCL","Supreme Court","RP","Reliance Telecom","reliance jio","Reliance Infratel","policy","Department of Telecommunications"],"filterTags":[]},"breadcrumbTags":["Reliance communications","UVARCL","Supreme Court","RP","Reliance Telecom","reliance jio","Reliance Infratel","policy","Department of Telecommunications"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/department-of-telecommunications-wont-renew-licence-until-rcom-clears-dues\/84161731","associated":{"articles":{"96274265":{"msid":"96274265","stname":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","artsyn":"In November, RCom that housed Anil Ambani-owned Reliance Group\u2019s telecom business, had said that Axis Trustee Services Ltd. had told the telco of its intention to invoke and sell 100% of equity shares in GIDC to a third party.","seolocation":"telecomnews\/axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans","seolocationalt":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","url_seo":"axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans"},"95718694":{"msid":"95718694","stname":"NCLT orders urgent implementation of Reliance Infratel resolution plan","artsyn":"As per the orders of the NCLT made public on Wednesday, the court allowed Jio\u2019s arm, Reliance Project and Property Management Services Ltd (RP&PMSL) to deposit Rs 3720 crore in a State Bank of India escrow account as part of the Reliance Infratel Ltd. (RITL) insolvency resolution plan.","seolocation":"telecomnews\/nclt-orders-urgent-implementation-of-reliance-infratel-resolution-plan","seolocationalt":"NCLT orders urgent implementation of Reliance Infratel resolution plan","url_seo":"nclt-orders-urgent-implementation-of-reliance-infratel-resolution-plan"},"95453659":{"msid":"95453659","stname":"RCom unit sold to third party for non-repayment of loans","artsyn":"RCom held 100% stake in GIDC through another subsidiary Reliance Webstore Limited (RWSL). In August 2016, RCom and Reliance Infratel Limited had taken loans Rs 565 crore and Rs 635 crore respectively from the State Bank of India. In September that year, the telco pledged 100% of its shareholding in GIDC to the bank against the loan.","seolocation":"telecomnews\/rcom-unit-sold-to-third-party-for-non-repayment-of-loans","seolocationalt":"RCom unit sold to third party for non-repayment of loans","url_seo":"rcom-unit-sold-to-third-party-for-non-repayment-of-loans"},"94822982":{"msid":"94822982","stname":"RBI's new norms for ARCs may further delay Aircel & RCom debt resolutions","artsyn":"Asset Reconstruction Company of India (Arcil), Edelweiss ARC and government-promoted National Asset Reconstruction Company, which have NOFs exceeding \u20b91,000 crore, are eligible to submit bids in bankruptcy settings. The central bank has further said that ARCs should not retain any control over the insolvent company after five years, thus indicating that it would have to find a buyer and exit the company in the medium term.","seolocation":"telecomnews\/rbis-new-norms-for-arcs-may-further-delay-aircel-rcom-debt-resolutions","seolocationalt":"RBI's new norms for ARCs may further delay Aircel & RCom debt resolutions","url_seo":"rbis-new-norms-for-arcs-may-further-delay-aircel-rcom-debt-resolutions"},"93626971":{"msid":"93626971","stname":"Lenders to Anil Ambani's RITL, RIL reach takeover deal","artsyn":"Banks led by the State Bank of India (SBI) have agreed to issue a no objection certificate (NOC) to RIL following which the Mukesh Ambani-promoted company will transfer the agreed amount to an escrow account. The NOC essentially is a no dues certificate for RITL, a procedure followed before the implementation of the resolution plan.","seolocation":"telecomnews\/lenders-to-anil-ambanis-ritl-ril-reach-takeover-deal","seolocationalt":"Lenders to Anil Ambani's RITL, RIL reach takeover deal","url_seo":"lenders-to-anil-ambanis-ritl-ril-reach-takeover-deal"},"92681340":{"msid":"92681340","stname":"\u200bRCom fails to attract buyers for non-core assets","artsyn":"These assets included land in Pune (871.1 sq metres) and Chennai (3.44 acres); offices in Chennai's Haddows Road and Bhubaneswar; and shares of Campion Properties Ltd and Reliance Realty.","seolocation":"telecomnews\/rcom-fails-to-attract-buyers-for-non-core-assets","seolocationalt":"\u200bRCom fails to attract buyers for non-core assets","url_seo":"rcom-fails-to-attract-buyers-for-non-core-assets"},"90554911":{"msid":"90554911","stname":"Telecom operators owe Rs 1.65 lakh crore to govt in AGR dues: Chauhan","artsyn":"The fresh calculation shows AGR liability on Bharti Airtel was Rs 31,280 crore, Vodafone Idea Rs 59,236.63 crore, Reliance Jio Rs 631 crore, BSNL Rs 16,224 crore, MTNL Rs 5,009.1 crore up to financial year 2018-19.","seolocation":"telecomnews\/telecom-operators-owe-rs-1-65-lakh-crore-to-govt-in-agr-dues-chauhan","seolocationalt":"Telecom operators owe Rs 1.65 lakh crore to govt in AGR dues: Chauhan","url_seo":"telecom-operators-owe-rs-1-65-lakh-crore-to-govt-in-agr-dues-chauhan"},"86787263":{"msid":"86787263","stname":"DoT to SC: Want to reconsider appeal against TDSAT ruling","artsyn":"A two-judge bench headed by Justice MR Shah set the next hearing for November 17, but told solicitor general Tushar Mehta that the government would need to \u201csatisfy\u201d the court, which will have to \u201cconsider the larger public interest.\u201d","seolocation":"telecomnews\/sc-grants-time-to-centre-to-reconsider-decision-to-pursue-rs-40000-crore-spectrum-usage-charge","seolocationalt":"DoT to SC: Want to reconsider appeal against TDSAT ruling","url_seo":"sc-grants-time-to-centre-to-reconsider-decision-to-pursue-rs-40000-crore-spectrum-usage-charge"},"85477392":{"msid":"85477392","stname":"In-depth: Making sense of India\u2019s telecoms job market","artsyn":"Last year, post clashes between the Indian and Chinese forces in Ladakh led to a policy change concerning the Chinese vendors. This led to the Chinese vendors reducing their workforce in India. There were reports that Chinese gear maker Huawei slashed its workforce by as much as 60-70% last year.","seolocation":"telecomnews\/in-depth-making-sense-of-indias-telecoms-job-market","seolocationalt":"In-depth: Making sense of India\u2019s telecoms job market","url_seo":"in-depth-making-sense-of-indias-telecoms-job-market"},"85445788":{"msid":"85445788","stname":"Vodafone Idea lenders demand additional collateral on existing loans","artsyn":"\u201cLenders are worried over the recent ratings downgrade of the telco and are seeking changes in loan covenants with higher interest rates and top up on margin money and security against existing facilities,\u201d said a bank official who did not want to be named.","seolocation":"telecomnews\/vodafone-idea-lenders-demand-additional-collateral-on-existing-loans","seolocationalt":"Vodafone Idea lenders demand additional collateral on existing loans","url_seo":"vodafone-idea-lenders-demand-additional-collateral-on-existing-loans"},"85167855":{"msid":"85167855","stname":"Converting debt to equity is one option to save Vodafone Idea, lenders tell DoT","artsyn":"They instead pushed the Department of Telecommunications (DoT) to take steps to save the carrier, failing which the government would stand to lose a lot more than banks.","seolocation":"telecomnews\/converting-debt-to-equity-is-one-option-to-save-vodafone-idea-lenders-tell-dot","seolocationalt":"Converting debt to equity is one option to save Vodafone Idea, lenders tell DoT","url_seo":"converting-debt-to-equity-is-one-option-to-save-vodafone-idea-lenders-tell-dot"},"85044583":{"msid":"85044583","stname":"Banks to discuss next course of action on Vodafone Idea","artsyn":"According to official data, VIL had an adjusted gross revenue (AGR) liability of Rs 58,254 crore, out of which the company has paid Rs 7,854.37 crore and Rs 50,399.63 crore is outstanding.","seolocation":"telecomnews\/banks-to-discuss-next-course-of-action-on-vodafone-idea","seolocationalt":"Banks to discuss next course of action on Vodafone Idea","url_seo":"banks-to-discuss-next-course-of-action-on-vodafone-idea"},"84970344":{"msid":"84970344","stname":"Vodafone Idea names Gulshan Khurana as EVP - Tranmission and Core, replaces Mudit Agarwal","artsyn":"Prior to VIL, Khurana was Head of Sales Consulting for Asia Pacific & Japan with Oracle.","seolocation":"telecomnews\/vodafone-idea-names-gulshan-khurana-as-evp-tranmission-and-core-replaces-mudit-agarwal","seolocationalt":"Vodafone Idea names Gulshan Khurana as EVP - Tranmission and Core, replaces Mudit Agarwal","url_seo":"vodafone-idea-names-gulshan-khurana-as-evp-tranmission-and-core-replaces-mudit-agarwal"},"84861329":{"msid":"84861329","stname":"Airtel, Tata Communications, RCom, Railtel among 34 firms found violating internet services licence rules: Govt","artsyn":"The list of violators shared by Minister of State for Telecom Devusinh Chauhan includes C-DAC Noida, Icenet.net, Kappa Internet Services, Noida Software Technology Park and World Gate Network.","seolocation":"telecomnews\/airtel-tata-communications-rcom-railtel-among-34-firms-found-violating-internet-services-licence-rules-govt","seolocationalt":"Airtel, Tata Communications, RCom, Railtel among 34 firms found violating internet services licence rules: Govt","url_seo":"airtel-tata-communications-rcom-railtel-among-34-firms-found-violating-internet-services-licence-rules-govt"},"84812647":{"msid":"84812647","stname":"Government mulling long-term measures to boost health of stressed telecom sector","artsyn":"A critical step is a relook at the definition of AGR to exclude non-telecom items. This has been a longstanding battle between the government and telcos, which the DoT won in September 2019 in the Supreme Court.","seolocation":"telecomnews\/government-mulling-long-term-measures-to-boost-health-of-stressed-telecom-sector","seolocationalt":"Government mulling long-term measures to boost health of stressed telecom sector","url_seo":"government-mulling-long-term-measures-to-boost-health-of-stressed-telecom-sector"},"84780445":{"msid":"84780445","stname":"Deutsche Bank suggests merger with BSNL to save Vodafone Idea","artsyn":"At present, Vi owes the Department of Telecommunications more than Rs 1.5 lakh-crore by way of AGR and deferred spectrum payment dues.","seolocation":"telecomnews\/deutsche-bank-suggests-merger-with-bsnl-to-save-vodafone-idea","seolocationalt":"Deutsche Bank suggests merger with BSNL to save Vodafone Idea","url_seo":"deutsche-bank-suggests-merger-with-bsnl-to-save-vodafone-idea"},"84705613":{"msid":"84705613","stname":"'India@100 could be as rich as US, China'","artsyn":"India and the world changed dramatically at the beginning of the 1990s. Communist Soviet Union collapsed. The Cold War ended. And India embarked on a bold new path of economic reforms. Thirty years later, the global order is changing fundamentally yet again. The speed, scale and substance of this change are unprecedented, even unpredictable. Yet, one thing is absolutely predictable: India\u2019s time has come.","seolocation":"telecomnews\/india100-could-be-as-rich-as-us-china","seolocationalt":"'India@100 could be as rich as US, China'","url_seo":"india100-could-be-as-rich-as-us-china"},"84585089":{"msid":"84585089","stname":"DoT can't revoke RCom's licenses for 10 more days: High Court","artsyn":"DoT on Tuesday told the court that RCom is a \"dead horse that is getting beaten to revive it unlike other telcos which still have their licenses valid.\"","seolocation":"telecomnews\/dot-cant-revoke-rcoms-licenses-for-10-more-days-high-court","seolocationalt":"DoT can't revoke RCom's licenses for 10 more days: High Court","url_seo":"dot-cant-revoke-rcoms-licenses-for-10-more-days-high-court"},"84377076":{"msid":"84377076","stname":"NCLT to hear RCom case on July 15","artsyn":"Last Thursday, the bankrupt telco informed NCLT that DoT is unlikely to renew RCom\u2019s licence on July 27 and when they expire, and if that happens, there will be nothing left in the carrier to sell.","seolocation":"telecomnews\/nclt-to-hear-rcom-case-on-july-15","seolocationalt":"NCLT to hear RCom case on July 15","url_seo":"nclt-to-hear-rcom-case-on-july-15"},"84265188":{"msid":"84265188","stname":"Vodafone Idea appoints Poonam Bhat as EVP - Digital","artsyn":"Prior to joining Vi, Bhat was the Lead IT Manager driving digital initiatives for distributive trade markets in Hindustan Unilever Limited, the telco said in a statement on social networking site Linkedin.","seolocation":"telecomnews\/vodafone-idea-appoints-poonam-bhat-as-evp-digital","seolocationalt":"Vodafone Idea appoints Poonam Bhat as EVP - Digital","url_seo":"vodafone-idea-appoints-poonam-bhat-as-evp-digital"}}}}" data-news-images="[{"msid":"84161754","msname":"telecom-istock","msnameseo":"telecom-istock","mediatype":"1","artdate":"2021-06-24 15:27:00.0","caption":""},{"msid":"84161767","msname":"RCOM","msnameseo":"rcom","mediatype":"21","artdate":"2021-07-06 08:13:00.0","caption":""}]" data-newsletter-by="0" data-newsletter-date="a" data-hasbottomcarousel="" data-alldetailsopen="0" data-multipleanalyticshit="" data-deeplink="https://ettelecom.app.link?$deeplink_path=" data-socialshareformat="default">
赞助的故事
<\/a><\/div>Reliance Communications requests DoT to renew telecom licence for 20 years<\/h4><\/a><\/div><\/a><\/div>Aircel lenders to move SC as appellate tribunal bars spectrum sale<\/h4><\/a><\/div><\/div>
\u201cAt this rate, the lenders will not recover any value from the spectrum because of the legal battles,\u201d said a third person aware of the correspondence between DoT and RCom.
The National Company Law Appellate Tribunal (NCLAT), in a separate but similar case, had barred another bankrupt telco Aircel from selling its spectrum under the resolution process, unless DoT\u2019s dues are cleared.
This ruling has been challenged by Aircel\u2019s creditors and the buyer of its assets, UVARCL, in the Supreme Court<\/a>.
Some insolvency lawyers say the only way the DoT can have hopes of recovering even a part of its dues is by way of RCom continuing as a licensed entity, and retaining its airwaves. If RCom\u2019s licence is terminated, the carrier will lose the \u2018right to use\u2019 its residual spectrum. And if it can\u2019t sell spectrum, its resolution process will fall apart.
The resolution plans for RCom and Reliance Telecom are yet to be cleared by the National Company Law Tribunal (NCLT). The tribunal has cleared the sale of towers under Reliance Infratel to a Reliance Jio<\/a> unit for nearly Rs 5,000 crore.
<\/div><\/div>
Follow and connect with us on Twitter<\/a>, Facebook<\/a>, Linkedin<\/a>, Youtube<\/a><\/div>","NumberOfSentences":{"minfo":"25.0","minfoseo":"25-0"},"AutomatedReadabilityIndex":{"minfo":"14.0","minfoseo":"14-0"},"LastPublishMilliTime":{"minfo":"1625539427581","minfoseo":"1625539427581"},"ReadabilityGradeLevel":{"minfo":"College","minfoseo":"college"},"GadgetsMarkedReviewed":{"minfo":"0","minfoseo":"0"},"HashCode":{"minfo":"-962953077","minfoseo":"-962953077"},"latestnewsflag":{"minfo":"1.0","minfoseo":"1-0"},"NumberOfCharacters":{"minfo":"3719.0","minfoseo":"3719-0"},"NumberOfWords":{"minfo":"615.0","minfoseo":"615-0"},"key":{"0":{"keyid":"46907","value":"Reliance communications","smid":"0","keynameseo":"Reliance-communications","keytype":"","keycount":"totalcount","weightage":"100"},"1":{"keyid":"7495684","value":"UVARCL","smid":"0","keynameseo":"UVARCL","keytype":"","keycount":"totalcount","weightage":"20"},"2":{"keyid":"6354977","value":"Supreme Court","smid":"0","keynameseo":"Supreme-Court","keytype":"","keycount":"totalcount","weightage":"20"},"3":{"keyid":"313907","value":"RP","smid":"0","keynameseo":"RP","keytype":"","keycount":"totalcount","weightage":"20"},"4":{"keyid":"107841","value":"Reliance Telecom","smid":"0","keynameseo":"Reliance-Telecom","keytype":"","keycount":"totalcount","weightage":"20"},"5":{"keyid":"6354504","value":"reliance jio","smid":"0","keynameseo":"reliance-jio","keytype":"","keycount":"totalcount","weightage":"20"},"6":{"keyid":"44524","value":"Reliance Infratel","smid":"0","keynameseo":"Reliance-Infratel","keytype":"","keycount":"totalcount","weightage":"20"},"8":{"keyid":"116246","value":"Department of Telecommunications","smid":"0","keynameseo":"Department-of-Telecommunications","keytype":"","keycount":"totalcount","weightage":"20"}},"authorsplit":{"author":{"artau":"Devina Sengupta","aunameseo":"devina-sengupta","artauid":"479252477","artauemail":"devinafake1@in.com","auselfimageid":"479252477","auimageid":"00479252477","auimagelen":"4566","auFullName":"Devina Sengupta","pubname":"ET","designame":"Assistant Editor","audetailsxml":{"authordetails":"I track the Telecom sector, tussles in India Inc's Business Houses and have reported on the Human Capital market for close to a decade. Now in the Telecom beat, I report on M&As, government policies, consumer behaviour and the legal battles involving investors, shareholders and companies. A degree in psychology and another one in journalism helps me break down a story and cover its impact from multiple perspectives. You can reach me on devina.sengupta@timesgroup.com and on Twitter - @DevinaET","details":{"detail":[{"@attributes":{"type":"occupation"}},{"@attributes":{"type":"beat"}}]}},"aulinksxml":{"links":{"link":{"twitter":[],"facebook":[],"googlePlusUrl":[],"contributorUrl":[]}}},"autype":"GENERAL"}},"similarlytagged":[{"msid":"96274265","stname":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","artsyn":"In November, RCom that housed Anil Ambani-owned Reliance Group\u2019s telecom business, had said that Axis Trustee Services Ltd. had told the telco of its intention to invoke and sell 100% of equity shares in GIDC to a third party.","seolocation":"telecomnews\/axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans","seolocationalt":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","url_seo":"axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans"},{"msid":"95718694","stname":"NCLT orders urgent implementation of Reliance Infratel resolution plan","artsyn":"As per the orders of the NCLT made public on Wednesday, the court allowed Jio\u2019s arm, Reliance Project and Property Management Services Ltd (RP&PMSL) to deposit Rs 3720 crore in a State Bank of India escrow account as part of the Reliance Infratel Ltd. (RITL) insolvency resolution plan.","seolocation":"telecomnews\/nclt-orders-urgent-implementation-of-reliance-infratel-resolution-plan","seolocationalt":"NCLT orders urgent implementation of Reliance Infratel resolution plan","url_seo":"nclt-orders-urgent-implementation-of-reliance-infratel-resolution-plan"},{"msid":"95453659","stname":"RCom unit sold to third party for non-repayment of loans","artsyn":"RCom held 100% stake in GIDC through another subsidiary Reliance Webstore Limited (RWSL). In August 2016, RCom and Reliance Infratel Limited had taken loans Rs 565 crore and Rs 635 crore respectively from the State Bank of India. In September that year, the telco pledged 100% of its shareholding in GIDC to the bank against the loan.","seolocation":"telecomnews\/rcom-unit-sold-to-third-party-for-non-repayment-of-loans","seolocationalt":"RCom unit sold to third party for non-repayment of loans","url_seo":"rcom-unit-sold-to-third-party-for-non-repayment-of-loans"},{"msid":"94822982","stname":"RBI's new norms for ARCs may further delay Aircel & RCom debt resolutions","artsyn":"Asset Reconstruction Company of India (Arcil), Edelweiss ARC and government-promoted National Asset Reconstruction Company, which have NOFs exceeding \u20b91,000 crore, are eligible to submit bids in bankruptcy settings. The central bank has further said that ARCs should not retain any control over the insolvent company after five years, thus indicating that it would have to find a buyer and exit the company in the medium term.","seolocation":"telecomnews\/rbis-new-norms-for-arcs-may-further-delay-aircel-rcom-debt-resolutions","seolocationalt":"RBI's new norms for ARCs may further delay Aircel & RCom debt resolutions","url_seo":"rbis-new-norms-for-arcs-may-further-delay-aircel-rcom-debt-resolutions"},{"msid":"93626971","stname":"Lenders to Anil Ambani's RITL, RIL reach takeover deal","artsyn":"Banks led by the State Bank of India (SBI) have agreed to issue a no objection certificate (NOC) to RIL following which the Mukesh Ambani-promoted company will transfer the agreed amount to an escrow account. The NOC essentially is a no dues certificate for RITL, a procedure followed before the implementation of the resolution plan.","seolocation":"telecomnews\/lenders-to-anil-ambanis-ritl-ril-reach-takeover-deal","seolocationalt":"Lenders to Anil Ambani's RITL, RIL reach takeover deal","url_seo":"lenders-to-anil-ambanis-ritl-ril-reach-takeover-deal"},{"msid":"92681340","stname":"\u200bRCom fails to attract buyers for non-core assets","artsyn":"These assets included land in Pune (871.1 sq metres) and Chennai (3.44 acres); offices in Chennai's Haddows Road and Bhubaneswar; and shares of Campion Properties Ltd and Reliance Realty.","seolocation":"telecomnews\/rcom-fails-to-attract-buyers-for-non-core-assets","seolocationalt":"\u200bRCom fails to attract buyers for non-core assets","url_seo":"rcom-fails-to-attract-buyers-for-non-core-assets"},{"msid":"90554911","stname":"Telecom operators owe Rs 1.65 lakh crore to govt in AGR dues: Chauhan","artsyn":"The fresh calculation shows AGR liability on Bharti Airtel was Rs 31,280 crore, Vodafone Idea Rs 59,236.63 crore, Reliance Jio Rs 631 crore, BSNL Rs 16,224 crore, MTNL Rs 5,009.1 crore up to financial year 2018-19.","seolocation":"telecomnews\/telecom-operators-owe-rs-1-65-lakh-crore-to-govt-in-agr-dues-chauhan","seolocationalt":"Telecom operators owe Rs 1.65 lakh crore to govt in AGR dues: Chauhan","url_seo":"telecom-operators-owe-rs-1-65-lakh-crore-to-govt-in-agr-dues-chauhan"},{"msid":"86787263","stname":"DoT to SC: Want to reconsider appeal against TDSAT ruling","artsyn":"A two-judge bench headed by Justice MR Shah set the next hearing for November 17, but told solicitor general Tushar Mehta that the government would need to \u201csatisfy\u201d the court, which will have to \u201cconsider the larger public interest.\u201d","seolocation":"telecomnews\/sc-grants-time-to-centre-to-reconsider-decision-to-pursue-rs-40000-crore-spectrum-usage-charge","seolocationalt":"DoT to SC: Want to reconsider appeal against TDSAT ruling","url_seo":"sc-grants-time-to-centre-to-reconsider-decision-to-pursue-rs-40000-crore-spectrum-usage-charge"},{"msid":"85477392","stname":"In-depth: Making sense of India\u2019s telecoms job market","artsyn":"Last year, post clashes between the Indian and Chinese forces in Ladakh led to a policy change concerning the Chinese vendors. This led to the Chinese vendors reducing their workforce in India. There were reports that Chinese gear maker Huawei slashed its workforce by as much as 60-70% last year.","seolocation":"telecomnews\/in-depth-making-sense-of-indias-telecoms-job-market","seolocationalt":"In-depth: Making sense of India\u2019s telecoms job market","url_seo":"in-depth-making-sense-of-indias-telecoms-job-market"},{"msid":"85445788","stname":"Vodafone Idea lenders demand additional collateral on existing loans","artsyn":"\u201cLenders are worried over the recent ratings downgrade of the telco and are seeking changes in loan covenants with higher interest rates and top up on margin money and security against existing facilities,\u201d said a bank official who did not want to be named.","seolocation":"telecomnews\/vodafone-idea-lenders-demand-additional-collateral-on-existing-loans","seolocationalt":"Vodafone Idea lenders demand additional collateral on existing loans","url_seo":"vodafone-idea-lenders-demand-additional-collateral-on-existing-loans"},{"msid":"85167855","stname":"Converting debt to equity is one option to save Vodafone Idea, lenders tell DoT","artsyn":"They instead pushed the Department of Telecommunications (DoT) to take steps to save the carrier, failing which the government would stand to lose a lot more than banks.","seolocation":"telecomnews\/converting-debt-to-equity-is-one-option-to-save-vodafone-idea-lenders-tell-dot","seolocationalt":"Converting debt to equity is one option to save Vodafone Idea, lenders tell DoT","url_seo":"converting-debt-to-equity-is-one-option-to-save-vodafone-idea-lenders-tell-dot"},{"msid":"85044583","stname":"Banks to discuss next course of action on Vodafone Idea","artsyn":"According to official data, VIL had an adjusted gross revenue (AGR) liability of Rs 58,254 crore, out of which the company has paid Rs 7,854.37 crore and Rs 50,399.63 crore is outstanding.","seolocation":"telecomnews\/banks-to-discuss-next-course-of-action-on-vodafone-idea","seolocationalt":"Banks to discuss next course of action on Vodafone Idea","url_seo":"banks-to-discuss-next-course-of-action-on-vodafone-idea"},{"msid":"84970344","stname":"Vodafone Idea names Gulshan Khurana as EVP - Tranmission and Core, replaces Mudit Agarwal","artsyn":"Prior to VIL, Khurana was Head of Sales Consulting for Asia Pacific & Japan with Oracle.","seolocation":"telecomnews\/vodafone-idea-names-gulshan-khurana-as-evp-tranmission-and-core-replaces-mudit-agarwal","seolocationalt":"Vodafone Idea names Gulshan Khurana as EVP - Tranmission and Core, replaces Mudit Agarwal","url_seo":"vodafone-idea-names-gulshan-khurana-as-evp-tranmission-and-core-replaces-mudit-agarwal"},{"msid":"84861329","stname":"Airtel, Tata Communications, RCom, Railtel among 34 firms found violating internet services licence rules: Govt","artsyn":"The list of violators shared by Minister of State for Telecom Devusinh Chauhan includes C-DAC Noida, Icenet.net, Kappa Internet Services, Noida Software Technology Park and World Gate Network.","seolocation":"telecomnews\/airtel-tata-communications-rcom-railtel-among-34-firms-found-violating-internet-services-licence-rules-govt","seolocationalt":"Airtel, Tata Communications, RCom, Railtel among 34 firms found violating internet services licence rules: Govt","url_seo":"airtel-tata-communications-rcom-railtel-among-34-firms-found-violating-internet-services-licence-rules-govt"},{"msid":"84812647","stname":"Government mulling long-term measures to boost health of stressed telecom sector","artsyn":"A critical step is a relook at the definition of AGR to exclude non-telecom items. This has been a longstanding battle between the government and telcos, which the DoT won in September 2019 in the Supreme Court.","seolocation":"telecomnews\/government-mulling-long-term-measures-to-boost-health-of-stressed-telecom-sector","seolocationalt":"Government mulling long-term measures to boost health of stressed telecom sector","url_seo":"government-mulling-long-term-measures-to-boost-health-of-stressed-telecom-sector"},{"msid":"84780445","stname":"Deutsche Bank suggests merger with BSNL to save Vodafone Idea","artsyn":"At present, Vi owes the Department of Telecommunications more than Rs 1.5 lakh-crore by way of AGR and deferred spectrum payment dues.","seolocation":"telecomnews\/deutsche-bank-suggests-merger-with-bsnl-to-save-vodafone-idea","seolocationalt":"Deutsche Bank suggests merger with BSNL to save Vodafone Idea","url_seo":"deutsche-bank-suggests-merger-with-bsnl-to-save-vodafone-idea"},{"msid":"84705613","stname":"'India@100 could be as rich as US, China'","artsyn":"India and the world changed dramatically at the beginning of the 1990s. 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Digital","artsyn":"Prior to joining Vi, Bhat was the Lead IT Manager driving digital initiatives for distributive trade markets in Hindustan Unilever Limited, the telco said in a statement on social networking site Linkedin.","seolocation":"telecomnews\/vodafone-idea-appoints-poonam-bhat-as-evp-digital","seolocationalt":"Vodafone Idea appoints Poonam Bhat as EVP - Digital","url_seo":"vodafone-idea-appoints-poonam-bhat-as-evp-digital"}],"primeid":0,"storytags":{"categoryTag":{"sectionid":"49830939","sectionname":"TelecomNews","seolocation":"telecomnews","seolocationalt":"telecomnews"},"otherTags":[{"keyid":"46907","value":"Reliance communications","smid":"0","keynameseo":"Reliance-communications","keytype":"","keycount":"totalcount","weightage":"100"},{"keyid":"7495684","value":"UVARCL","smid":"0","keynameseo":"UVARCL","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354977","value":"Supreme Court","smid":"0","keynameseo":"Supreme-Court","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"313907","value":"RP","smid":"0","keynameseo":"RP","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"107841","value":"Reliance Telecom","smid":"0","keynameseo":"Reliance-Telecom","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"6354504","value":"reliance jio","smid":"0","keynameseo":"reliance-jio","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"44524","value":"Reliance Infratel","smid":"0","keynameseo":"Reliance-Infratel","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"28351","value":"policy","smid":"0","keynameseo":"policy","keytype":"","keycount":"totalcount","weightage":"20"},{"keyid":"116246","value":"Department of Telecommunications","smid":"0","keynameseo":"Department-of-Telecommunications","keytype":"","keycount":"totalcount","weightage":"20"}],"filterTags":[]},"formattedTags":{"companyTags":[],"otherTags":[{"name":"Department of Telecommunications"},{"name":"Reliance communications"},{"name":"Reliance Infratel"},{"name":"Reliance Telecom"},{"name":"Supreme Court"},{"name":"reliance jio"},{"name":"UVARCL"},{"name":"policy"},{"name":"RP"}],"newsCategoryTags":[{"name":"TelecomNews","seolocation":"telecomnews"}],"breadcrumbTags":["Reliance communications","UVARCL","Supreme Court","RP","Reliance Telecom","reliance jio","Reliance Infratel","policy","Department of Telecommunications"],"filterTags":[]},"breadcrumbTags":["Reliance communications","UVARCL","Supreme Court","RP","Reliance Telecom","reliance jio","Reliance Infratel","policy","Department of Telecommunications"],"Alttitle":{"minfo":""},"Altdescription":{"minfo":""},"amp_url":"\/\/www.iser-br.com\/amp\/news\/department-of-telecommunications-wont-renew-licence-until-rcom-clears-dues\/84161731","associated":{"articles":{"96274265":{"msid":"96274265","stname":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","artsyn":"In November, RCom that housed Anil Ambani-owned Reliance Group\u2019s telecom business, had said that Axis Trustee Services Ltd. had told the telco of its intention to invoke and sell 100% of equity shares in GIDC to a third party.","seolocation":"telecomnews\/axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans","seolocationalt":"Axis invokes pledge over 100% equity in RCom unit GIDC for not repayment of loans","url_seo":"axis-invokes-pledge-over-100-equity-in-rcom-unit-gidc-for-not-repayment-of-loans"},"95718694":{"msid":"95718694","stname":"NCLT orders urgent implementation of Reliance Infratel resolution plan","artsyn":"As per the orders of the NCLT made public on Wednesday, the court allowed Jio\u2019s arm, Reliance Project and Property Management Services Ltd (RP&PMSL) to deposit Rs 3720 crore in a State Bank of India escrow account as part of the Reliance Infratel Ltd. (RITL) insolvency resolution plan.","seolocation":"telecomnews\/nclt-orders-urgent-implementation-of-reliance-infratel-resolution-plan","seolocationalt":"NCLT orders urgent implementation of Reliance Infratel resolution plan","url_seo":"nclt-orders-urgent-implementation-of-reliance-infratel-resolution-plan"},"95453659":{"msid":"95453659","stname":"RCom unit sold to third party for non-repayment of loans","artsyn":"RCom held 100% stake in GIDC through another subsidiary Reliance Webstore Limited (RWSL). In August 2016, RCom and Reliance Infratel Limited had taken loans Rs 565 crore and Rs 635 crore respectively from the State Bank of India. In September that year, the telco pledged 100% of its shareholding in GIDC to the bank against the loan.","seolocation":"telecomnews\/rcom-unit-sold-to-third-party-for-non-repayment-of-loans","seolocationalt":"RCom unit sold to third party for non-repayment of loans","url_seo":"rcom-unit-sold-to-third-party-for-non-repayment-of-loans"},"94822982":{"msid":"94822982","stname":"RBI's new norms for ARCs may further delay Aircel & RCom debt resolutions","artsyn":"Asset Reconstruction Company of India (Arcil), Edelweiss ARC and government-promoted National Asset Reconstruction Company, which have NOFs exceeding \u20b91,000 crore, are eligible to submit bids in bankruptcy settings. 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