Banking And InsuranceCryptocurrencyDigital MarketingErpFood And BeveragesHealthcareLegalMarketing And AdvertisingMedia And EntertainmentMetals And MiningOil And GasRetailTelecom
Artificial IntelligenceBig DataCloudCyber SecurityE CommerceEducationGaming And VfxIT ServiceMobileNetworkingSAPScience And TechnologySecuritySoftwareStorage
CiscoDatabaseGoogleIBMJuniperM2MMicrosoftOracleOracleRed Hat
CEO ReviewCompany Review

The Silicon Review Asia

Airtel, Vodafone Idea distributors worried about business

Airtel, Vodafone Idea distributors worried about business

The apex court of the country has a big decision to make on the telecom companies, which are seeking more time to pay their statutory dues.

Vodafone Idea has to pay a total due of INR 53,000 crores, which comprises its licensing fees, spectrum usage charges, interest and penalties. Also, the company is supposed to pay the bulk amount in one go. Vodafone Idea has said that if the appeal fails in the Supreme Court, they will shut shops. Bharti Airtel, on the other hand, has to pay INR 35,000 crores as AGR (Adjusted Gross Revenue) dues.

Experts suggest that if the Supreme Court’s verdict is not in the favor of the telecom companies, then the focus on market acquisition will reduce, which will directly impact the many thousands of distributors across the country. The distributor community had just started recovering after the 2016 price war reduced the market to just three private telecom companies. Many distributors in the country are worried about the Supreme Court verdict and have already started venturing out into other businesses besidesthe telecom industry. But for many distributors it will be a real challenge to shift to other businesses as their association with the telecom company had been for a very long time.



Marketing Partnership: NBA, McDonald’s Will Jointly open NBA Experience Zones India

There is good news for all basketball fans in India. Very soon, NBA themed promotions and experience zones will be launched in India. The announcement...

Dunzo to Raise Funds from Google, others

Dunzo, the app which is trying to make life easier for the people upto some extent plans to raise about Rs. 183 crore from different investors which a...

Sapta Shakti Command Will Be Displaying Defence Technology Equipment at Jaipur Military Station

This event is organised with an aim to provide an opportunity where one and all can experience the developments in the field of defence and security-r...

Samsung is All Set to Roll out Its Galaxy A9 Smartphone On November 20

After Samsung unveiled its new Galaxy A9 smartphone in Singapore last month, the company is all set to launch it in India on November 20. In Singapore...