At a conference in Gurugram, Gopal Vittal, Vice Chairman and Managing Director of Bharti Airtel, highlighted Airtel’s group revenue of $21.5 billion in FY25.
Govt became shareholder in VI last yr after it approved company’s plans to convert Rs 16,000 cr of interest liability it owed govt into equity. Price of Vodafone stock has risen post FPO.
OTT companies deliver leviathan revenues to their home countries—and little to no contributions to the Indian govt as they do not pay any license fee or regulatory costs.
In FY 2025-26, AoN for 55 proposals amounting to Rs 6.73 lakh cr has been accorded by DAC. Both the quantum of AoN given and capital contracts signed, so far, have been the highest in any FY.
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