NEW DELHI: Telecom operator Bharti Airtel<\/a> would seek approval of its board on December 4 to raise an estimated USD 3 billion (around Rs 21,500 crore), banking<\/a> sources closely following the development said on Friday. Airtel will raise the funds to pay the adjusted gross revenue (AGR<\/a>) liability and partially invest in the network, sources mentioned.

The company has informed the bourses that its board meeting on December 4 would consider a proposal to raise funds through issues of equity or
bonds<\/a>.

\"The company is planning to raise USD 3 billion in this round. Part of it will be used to pay back AGR liability,\" a banking source said.

The company has posted a staggering Rs 23,045 crore net loss for the second quarter ended September 30, due to provisioning of Rs 28,450 crore in the aftermath of the Supreme Court ruling on statutory dues.

\n<\/p>

Read also<\/h4>
<\/a><\/figure>
Airtel moves SC for government talks on AGR<\/a><\/h5><\/div>
<\/a><\/figure>
AGR woes: Airtel Board meeting on Dec 4 to consider raising funds<\/a><\/h5><\/div><\/div><\/div>\n\n
According to government data, the liabilities in the case of Bharti Airtel add up to nearly Rs 35,586 crore, of which Rs 21,682 crore is licence fee and another Rs 13,904.01 crore is the SUC dues (not including the dues of Telenor and Tata Teleservices).

\"...a meeting of the board of Directors of the Company is scheduled to be held on Wednesday, December 04, 2019 to, inter-alia, consider and evaluate any and all proposals for raising of funds either by issuance of equity shares, and or bonds including foreign currency convertible bonds,\" Airtel said in a regulatory filing.

The board will also evaluate raising of funds through debentures, non-convertible debt instruments along with warrants, convertible debentures, securities or any other equity-based instruments including through qualified institutions placement or rights issue, or through any other permissible mode, the filing said.

The government is currently not considering any proposal on waiver of penalties and interest on outstanding licence fee based on adjusted gross revenue (AGR), or on extending the timelines for telecom companies to pay up their statutory dues.
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Bharti Airtel计划筹集30亿美元:银行业消息人士

Airtel将筹集的资金支付调整总收入(AGR)责任和部分投资网络,提到的来源。

  • 更新于2019年11月30日凌晨08:54坚持

新德里:电信运营商Bharti Airtel将寻求董事会的批准在12月4日筹集约30亿美元(约21500卢比),银行来源密切关注开发周五表示。Airtel将筹集的资金支付调整收入总额(AGR)责任和部分投资网络,提到的来源。

公司已经通知交易所董事会会议12月4日会考虑提议通过股权的问题或筹集资金债券

”该公司正计划在这一轮筹集30亿美元。其中的一部分将用于偿还AGR责任,“银行业消息人士称。

广告
公司公布第二季度净亏损高达23045卢比截至9月30日,由于供应28450卢比在最高法院的裁决后的法定会费。

读也


根据政府数据,负债的Bharti Airtel加起来近35586卢比,21682卢比的执照费和另一个13904 .01卢比是往下费(不包括Telenor的会费和塔塔电信业务)。

“…公司的董事会会议定于周三举行,04年12月,2019年,尤其,考虑和评估所有建议提高基金通过发行股票或债券包括外币可转换债券,”Airtel在提交给监管机构的备案文件中说。

董事会也将评估通过债券筹集的资金,不可自由兑换债务工具以及认股权证、可转换债券、证券或任何其他基于股权工具包括通过合格机构放置或配股,或通过其他任何允许的模式下,文件说。

政府目前不考虑任何提议免除处罚和杰出的执照费根据调整后的总利息收入(AGR),或延长时间为电信公司支付法定费。
  • 发布于2019年11月30日08:23点坚持
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NEW DELHI: Telecom operator Bharti Airtel<\/a> would seek approval of its board on December 4 to raise an estimated USD 3 billion (around Rs 21,500 crore), banking<\/a> sources closely following the development said on Friday. Airtel will raise the funds to pay the adjusted gross revenue (AGR<\/a>) liability and partially invest in the network, sources mentioned.

The company has informed the bourses that its board meeting on December 4 would consider a proposal to raise funds through issues of equity or
bonds<\/a>.

\"The company is planning to raise USD 3 billion in this round. Part of it will be used to pay back AGR liability,\" a banking source said.

The company has posted a staggering Rs 23,045 crore net loss for the second quarter ended September 30, due to provisioning of Rs 28,450 crore in the aftermath of the Supreme Court ruling on statutory dues.

\n<\/p>

Read also<\/h4>
<\/a><\/figure>
Airtel moves SC for government talks on AGR<\/a><\/h5><\/div>
<\/a><\/figure>
AGR woes: Airtel Board meeting on Dec 4 to consider raising funds<\/a><\/h5><\/div><\/div><\/div>\n\n
According to government data, the liabilities in the case of Bharti Airtel add up to nearly Rs 35,586 crore, of which Rs 21,682 crore is licence fee and another Rs 13,904.01 crore is the SUC dues (not including the dues of Telenor and Tata Teleservices).

\"...a meeting of the board of Directors of the Company is scheduled to be held on Wednesday, December 04, 2019 to, inter-alia, consider and evaluate any and all proposals for raising of funds either by issuance of equity shares, and or bonds including foreign currency convertible bonds,\" Airtel said in a regulatory filing.

The board will also evaluate raising of funds through debentures, non-convertible debt instruments along with warrants, convertible debentures, securities or any other equity-based instruments including through qualified institutions placement or rights issue, or through any other permissible mode, the filing said.

The government is currently not considering any proposal on waiver of penalties and interest on outstanding licence fee based on adjusted gross revenue (AGR), or on extending the timelines for telecom companies to pay up their statutory dues.
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