Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f938c982423-trace').style.display = (document.getElementById('cakeErr67f938c982423-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f938c982423-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f938c982423-code').style.display = (document.getElementById('cakeErr67f938c982423-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f938c982423-context').style.display = (document.getElementById('cakeErr67f938c982423-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f938c982423-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f938c982423-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 60544, 'title' => 'The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-NetworkIdeas.org</p> <p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p> <p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p> <p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'NetworkIdeas.org, 24 August, 2021, https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 60544, 'metaTitle' => 'LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'metaKeywords' => 'Kumar Mangalam Birla,Vodafone Idea,Telecom Monopoly,telecom market,Reliance Jio', 'metaDesc' => '-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber...', 'disp' => '<p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60544, 'title' => 'The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-NetworkIdeas.org</p> <p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p> <p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p> <p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'NetworkIdeas.org, 24 August, 2021, https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 60544 $metaTitle = 'LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh' $metaKeywords = 'Kumar Mangalam Birla,Vodafone Idea,Telecom Monopoly,telecom market,Reliance Jio' $metaDesc = '-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber...' $disp = '<p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh | Im4change.org</title> <meta name="description" content="-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group’s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The ‘shares for free’ offer was contingent on an official rescue package that would include revisiting the company’s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company’s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853'Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 48 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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($reasonPhrase ? ' ' . $reasonPhrase : '')
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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f938c982423-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f938c982423-code').style.display = (document.getElementById('cakeErr67f938c982423-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f938c982423-context').style.display = (document.getElementById('cakeErr67f938c982423-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f938c982423-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f938c982423-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 60544, 'title' => 'The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-NetworkIdeas.org</p> <p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p> <p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p> <p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'NetworkIdeas.org, 24 August, 2021, https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 60544, 'metaTitle' => 'LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'metaKeywords' => 'Kumar Mangalam Birla,Vodafone Idea,Telecom Monopoly,telecom market,Reliance Jio', 'metaDesc' => '-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber...', 'disp' => '<p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60544, 'title' => 'The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-NetworkIdeas.org</p> <p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p> <p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p> <p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'NetworkIdeas.org, 24 August, 2021, https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 60544 $metaTitle = 'LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh' $metaKeywords = 'Kumar Mangalam Birla,Vodafone Idea,Telecom Monopoly,telecom market,Reliance Jio' $metaDesc = '-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber...' $disp = '<p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh | Im4change.org</title> <meta name="description" content="-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group’s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The ‘shares for free’ offer was contingent on an official rescue package that would include revisiting the company’s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company’s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f938c982423-trace').style.display = (document.getElementById('cakeErr67f938c982423-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f938c982423-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f938c982423-code').style.display = (document.getElementById('cakeErr67f938c982423-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f938c982423-context').style.display = (document.getElementById('cakeErr67f938c982423-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f938c982423-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f938c982423-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 60544, 'title' => 'The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-NetworkIdeas.org</p> <p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p> <p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p> <p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'NetworkIdeas.org, 24 August, 2021, https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 60544, 'metaTitle' => 'LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'metaKeywords' => 'Kumar Mangalam Birla,Vodafone Idea,Telecom Monopoly,telecom market,Reliance Jio', 'metaDesc' => '-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber...', 'disp' => '<p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60544, 'title' => 'The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-NetworkIdeas.org</p> <p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p> <p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p> <p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p> ', 'credit_writer' => 'NetworkIdeas.org, 24 August, 2021, https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 60544 $metaTitle = 'LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh' $metaKeywords = 'Kumar Mangalam Birla,Vodafone Idea,Telecom Monopoly,telecom market,Reliance Jio' $metaDesc = '-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber...' $disp = '<p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India&rsquo;s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group&rsquo;s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The &lsquo;shares for free&rsquo; offer was contingent on an official rescue package that would include revisiting the company&rsquo;s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company&rsquo;s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more.&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh | Im4change.org</title> <meta name="description" content="-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group’s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The ‘shares for free’ offer was contingent on an official rescue package that would include revisiting the company’s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company’s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more. </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p> <p style="text-align:justify">The ‘shares for free’ offer was contingent on an official rescue package that would include revisiting the company’s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company’s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p> <p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more. </p> ', 'credit_writer' => 'NetworkIdeas.org, 24 August, 2021, https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 60544, 'metaTitle' => 'LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'metaKeywords' => 'Kumar Mangalam Birla,Vodafone Idea,Telecom Monopoly,telecom market,Reliance Jio', 'metaDesc' => '-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber...', 'disp' => '<p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group’s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The ‘shares for free’ offer was contingent on an official rescue package that would include revisiting the company’s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company’s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more. </p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 60544, 'title' => 'The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-NetworkIdeas.org</p> <p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group’s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p> <p style="text-align:justify">The ‘shares for free’ offer was contingent on an official rescue package that would include revisiting the company’s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company’s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p> <p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more. </p> ', 'credit_writer' => 'NetworkIdeas.org, 24 August, 2021, https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-prospect-of-a-telecom-monopoly-cp-chandrasekhar-and-jayati-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 60544 $metaTitle = 'LATEST NEWS UPDATES | The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh' $metaKeywords = 'Kumar Mangalam Birla,Vodafone Idea,Telecom Monopoly,telecom market,Reliance Jio' $metaDesc = '-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber...' $disp = '<p style="text-align:justify">-NetworkIdeas.org</p><p style="text-align:justify">With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group’s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible.</p><p style="text-align:justify">The ‘shares for free’ offer was contingent on an official rescue package that would include revisiting the company’s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company’s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business.</p><p style="text-align:justify">Please <a href="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4" title="https://www.networkideas.org/featured-articles/2021/08/the-prospect-of-a-telecom-monopoly/?fbclid=IwAR015olw07QzqKOYSPpJf6pzUcAsSm19iYANyAtKKjzhdZXUJI8fQxi5bh4">click here</a> to read more. </p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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The Prospect of a Telecom Monopoly -CP Chandrasekhar and Jayati Ghosh |
-NetworkIdeas.org With its gross debt as of March 31, 2021 placed at Rs. 1.8 lakh crore and losses in the preceding quarter totalling more than Rs. 7,000 crore, Vi (former Vodafone Idea), once India’s largest telecom company in terms of subscriber base, is staring at bankruptcy. In a last-ditch effort to win state support to survive, Kumar Mangalam Birla, the Chairman of Vi, wrote to the government in June, offering to hand over the Aditya Birla Group’s close to 27 per cent stake in Vi. He later also stepped down as Chairman of Vi, as if to show his offer was credible. The ‘shares for free’ offer was contingent on an official rescue package that would include revisiting the company’s adjusted gross revenue (AGR) liability, announcing a moratorium on spectrum charges and getting the regulator to set floor telecom tariffs above the low levels to which they had fallen because of the predatory price war launched by Reliance Jio. The company’s debt included spectrum payment obligations exceeding Rs 96,000 crore, AGR dues of close to Rs. 61,000 crore and debt to banks and financial institutions of around Rs. 23,000 crore. A reprieve on payments in the first two of these liabilities gives the company a fighting chance to remain in business. Please click here to read more. |