TRAI Cuts 5G Spectrum Price By 36-40%
The telecom regulatory on Monday has suggested a 36% cut in the 5G Spectrum (3300-3670MHz band) to Rs. 317 crore across India from the Rs. 492 crore suggested in 2018. It offers significant relief to telcos and sets the stage for them to secure prized airwaves in the government auction. Not only this, TRAI, Telecom…
Shipra Prajapati
Vodafone Idea Decides To Converse Debts Into Equity, Government Owns The Share
On Tuesday, Vodafone-Idea informed the exchanges about the decision of resolving debts and interests converting into government equity. The company decided to adjust the gross revenue dues by converting them into equity. This is a smart business move by Vodafone. Vi was under debt, which exceeded Rs 2 lakh crore, and tried methods to raise…
John David