Airtel boss bemoans poor 5G returns
The CEO of India's second-biggest telco echoes concerns heard elsewhere about 5G monetization.
Source: lightreading.com
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Bharti Airtel: Airtel Africa's Dutch hold-co completes $550 million bond repayment, ET Telecom
Bharti Airtel: It added that the $550 million bond repayment was made exclusively out of cash reserves at the holding company (HoldCo) and is a continuation of its strategy to reduce external foreign currency debt.
Source: indiatimes.com
Telcos paid over N2tn tax in 2023 – Report
Telecommunication companies paid N2.4tn tax to the Nigerian government in 2023, despite struggling to attract investments
Source: punchng.com
ISPs say ready to file due taxes to government
On May 13, the top court scrapped the writ petition by Worldlink Communications and ordered the ISPs to pay the taxes they had raised from the public.
Source: kathmandupost.com
Supreme Court ruling gives telcos around ₹3,000 crore of savings
The apex court has waived off the interest levy on tax arising from its October 2023 ruling that said annual licence fees paid by telcos would be treated as capital expenditure, which are not tax deductible.
Source: livemint.com