The Indian government has capped Vodafone Idea’s adjusted gross revenue (AGR) dues at $13.79 million per year for the next six years. The move aims to ease cash flow pressure on the debt-saddled telecom operator. The decision offers near-term relief to India’s third-largest carrier, which has struggled with heavy debt and declining market share. Following …
Telecommunications (Telecom) companies in Nigeria grew revenue to ₦7.67 trillion in 2024, boosted by increased demand for data services, higher subscription rates, and expanded enterprise solutions. The Nigerian Communications Commission (NCC) disclosed this in its 2024 Subscribers/Network Performance Report, released on Wednesday, November 12. It shows that the telecom companies' revenue increased by 44.7 per …
