Telecom
Ericsson to acquire Vonage for $6.2 billion to expand cloud business
22 Nov 2021
The transaction builds on Ericsson’s stated intent to expand globally in wireless enterprise, offering existing customers an increased share of a market valued at $700 billion by 2030
Govt grants 4-year moratorium on AGR dues, allows conversion of dues into equity
15 Sep 2021
Telecom service providers have been given the option to pay the interest amount arising from the deferment of payment of AGR dues by way of equity, while also permitting 100 per cent foreign direct investment under automatic route in telecom sector, with necessary safeguards
Kumar Mangalam Birla steps aside from Vodafone Idea board
09 Aug 2021
Vodafone Idea has to pay dues of over Rs58,000 crore to the telecom department that are linked to adjusted gross revenues dating back to 2007, while the company has gross debt of Rs1,80,000-crore
