The company in a late night filing on June 22, said that the DoT on June 15, has raised adjusted gross revenue (AGR) demand for additional two financial years beyond 2016-17, which were not covered under the Supreme court order on the statutory dues
Even as hectic preparations are on in the Department of Telecom (DoT) for the upcoming spectrum auctions, work on the second set of reforms is going on in...
VIL expects the government to complete the conversion of around Rs 16,100 crore dues into 33 per cent stake in the company in the coming weeks.
Its revenue from operations rose 6.6 per cent year-on-year to Rs 10,239.5 crore in Q4 FY22.
Reliance Jio has been aggressive in the segment and its share increased to 24 per cent from 14.7 per cent between January 2021 to February 2022.
The telecom operator had earlier this month announced Rs 14,500 crore fundraising plans, where promoters would inject Rs 4,500 crore.
