Airtel added that it will continue to provide 2G network services in Karnataka to serve the connectivity needs of customers.

Jio said that the telecom regulator TRAI is likely to initiate consultation process for revision in telecom tariffs.

Airtel said that IUC should not come down to zero and the BAK regime should be postponed by at least three years.

RCom committee of creditors is scheduled to meet on November 13, 2019 to take call on the bids opening.

Airtel, Vodafone Idea and other telecom operators may have to pay the government a whopping Rs 1.42 lakh crore in three months.

The company has launched the service in select states, including Delhi, and will be gradually roll out in rest of the country

Supreme Court in its October 24 order has clearly settled the base on which statutory levies have to be paid, said Reliance Jio.

The telcos to pay the principal due together with interest and penalties within three months.

Indian government has created a panel to work out a financial bailout package that may include lowering of spectrum charges.

Airtel will subscribe to 84,000 equity shares, equivalent to 26 per cent stake in the company.